SWIR imaging industry market opportunity

SWIR imaging industry market opportunity

June 5, 2022

SWIR Imaging Industry Set for Transformation as Yole Predicts Staggering Growth

In a recent report, Yole, a leading market research firm, has forecasted a seismic shift in the Short-Wave Infrared (SWIR) imaging industry, predicting a remarkable Compound Annual Growth Rate (CAGR) of 52%. According to Yole’s projections, the market is expected to reach a substantial $3.9 billion by 2027. Read the full article here.

 

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Yole’s analysis highlights InGaAs as the most mature SWIR imaging technology currently dominating the market. However, the report indicates a dynamic landscape with the emergence of quantum dots technology, signifying a transformative phase for the industry.

Quantum dots technology is gaining prominence as an innovative contender in the SWIR imaging sector. Yole’s insights suggest that the evolving landscape is poised to introduce new dimensions of efficiency and capability, potentially redefining the benchmarks for SWIR imaging technologies.

As the market gears up for this drastic transformation, industry players are expected to navigate these changes strategically. The anticipated growth and diversification present both challenges and opportunities, urging stakeholders to stay vigilant and adaptive to harness the full potential of the evolving SWIR imaging landscape.

About Yole

Yole Group is an international company, recognised for its expertise in the analysis of markets, technological developments and supply chains, as well as the strategy of key players in the semiconductor, photonic and electronic sectors. Yole Group’s business is based on daily interactions with a network of major operators in these industries, built on mutual trust over the years. They  provide their clients, industrial companies, investors and R&D organizations worldwide, with market research, technology, performance, strategy and cost analysis, as well as financial advisory services, to help them in their decision-making about their future business strategy in the semiconductor industry.

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