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Short Wave Infrared (SWIR) Market by Material -2022 | MarketsandMarkets

[113 Pages Report] Short Wave Infrared (SWIR) Market research report categorizes by Material (Mercury Cadmium Telluride & Indium Gallium Arsenide), Industry Vertical, (Semiconductor, Manufacturing & Process, Commercial, Automotive, Military & Defense), and Geography

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Short Wave Infrared (SWIR) Market by Material -2022 | MarketsandMarkets

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  1. MarketsandMarkets Presents Short Wave Infrared (SWIR) Market by Material, Industry Vertical and Geography - Global Forecast to 2022 The global Short Wave Infrared (SWIR) market is expected to grow from USD 66.5 Million in 2015 to USD 118.9 Million by 2022, at a CAGR of 8.6% from 2016 to 2022. For the Short Wave Infrared (SWIR) market, the base year considered is 2015 and the forecast period is 2016 to 2022.

  2. The major drivers for the global Short Wave Infrared (SWIR) market are technological development of shortwave IR detector in terms of size, weight, and power at low cost as well as the night sighting capabilities for military application. Night sighting capabilities are used in military as well as law enforcement agencies. It consists of imagers as well as detectors. Night sighting technology is used to detect objects in low light or total darkness using thermal radiations. These devices help to form intensified images which are not visible to naked eyes because of the insufficient light reaching to the eyes from the objects. Sample pages of the Report : http://www.marketsandmarkets.com/requestsample.asp?id=52975079 The commercial industry segment is projected to lead the global Short Wave Infrared (SWIR) market during the forecast period: The market size of commercial industry segment is expected grow at the highest CAGR till 2022. The main reasons for the rapid growth of commercial sector include the rising need for gas detection and vision enhancement systems in public and sensitive places; and reduction in the cost of commercial grade SWIR detectors.

  3. The Indium Gallium Arsenide (InGaAs) segment is projected to lead the global shortwave IR material market during the forecast period: Among all shortwave IR materials, indium gallium arsenide (InGaAs) segment is expected to grow at the highest CAGR till 2022. The major reason for the growth of InGaAs (detectors) is their efficient operability at room temperature. Limited or no requirement of cooling makes InGaAs types detectors portable, cost-effective, and more preferable among others. Report Information : http://www.marketsandmarkets.com/Market-Reports/shortwave-ir-market-52975079.html The key players operating in the global Short Wave Infrared (SWIR) market were identified across different regions, along with their offerings, distribution channels, and geographical presence. Moreover, the average revenue generated by these companies, which have been segmented on the basis of region, was used to arrive at the overall market size. This overall size of the global Short Wave Infrared (SWIR) market was used in the top-down approach to estimate the sizes of various subsegments via percentage splits from secondary and primary research. The entire procedure included study of annual and financial reports of the top market players and interviews of the industry experts, such as CEOs, vice presidents, directors, and marketing executives to obtain key insights regarding the global Short Wave Infrared (SWIR) market

  4. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

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