South Korea Shortwave Infrared SWIR Camera Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.3 Billion by 2030, growing at a CAGR of 10.2% from 2024 to 2030.
The burgeoning Shortwave Infrared (SWIR) Camera Market in South Korea is poised for significant growth, driven by diverse industrial applications and evolving technological requirements. As of 2024, the market generated a revenue of USD 12.9 million and is projected to reach USD 32.1 million by 2030, reflecting a robust compound annual growth rate (CAGR) of 16.6%. citeturn0search0
Industries across South Korea are increasingly integrating SWIR cameras into their operations, capitalizing on the unique capabilities of these devices. Key applications include:
Military and Defense: SWIR cameras are instrumental in surveillance, target acquisition, and reconnaissance missions, offering superior imaging in low-light conditions. citeturn0search3
Electronics and Communication: These cameras facilitate quality control and inspection processes, ensuring the integrity of intricate components.
Medical and Healthcare: SWIR imaging aids in diagnostics and research, providing detailed visualization of tissues and biological processes.
Food & Beverage: Utilized for sorting and quality assessment, SWIR cameras detect foreign objects and assess product consistency.
Automotive: They enhance driver-assistance systems and contribute to the development of autonomous vehicle technologies.
The solution segment dominated the market in 2024, accounting for 88.37% of revenue, while services are anticipated to experience the fastest growth during the forecast period. citeturn0search0
Technological advancements have led to the development of uncooled SWIR cameras, which are more cost-effective and suitable for a broader range of applications. This innovation is particularly beneficial for small and medium-sized enterprises seeking affordable imaging solutions. citeturn0search3
Despite the promising outlook, challenges such as high initial investment costs and the need for specialized expertise in operating SWIR systems persist. Nonetheless, the expanding scope of applications and continuous technological improvements are expected to drive sustained growth in South Korea's SWIR camera market.
Get an In-Depth Research Analysis of the South Korea Shortwave Infrared SWIR Camera Market Size And Forecast [2025-2032]
FLIR Systems
Hamamatsu Photonics
Sensors Unlimited
Xenics
Allied Vision Technologies
Leonardo DRS
Episensors
IRCameras
InView Technology
P Incton Instruments
Sofradir
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Shortwave Infrared SWIR Camera Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Shortwave Infrared SWIR Camera Market
Industrial
Aerospace & Defense
Healthcare
Research & Development
Environmental Monitoring
InGaAs-Based Cameras
Ge:Cu-Based Cameras
Other Type Cameras
OEMs (Original Equipment Manufacturers)
End-Users (Industries and Organizations)
Distributors and Resellers
Push-Broom Technology
Area-Scan Technology
Other Technologies
Short-Wave Infrared (SWIR) 0.9-1.7 µm
Extended Short-Wave Infrared (EXSWIR) 1.7-3 µm
Long-Wave Infrared (LWIR) 3-5 µm
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Shortwave Infrared SWIR Camera Market Research Analysis
1. Introduction of the South Korea Shortwave Infrared SWIR Camera Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Shortwave Infrared SWIR Camera Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Shortwave Infrared SWIR Camera Market, By Type
6. South Korea Shortwave Infrared SWIR Camera Market, By Application
7. South Korea Shortwave Infrared SWIR Camera Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Shortwave Infrared SWIR Camera Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/