The global shortwave infrared (SWIR) market size is projected to reach a sizable valuation by the end of 2028. The market growth is attributable to the increased utilization of SWIR technology across emerging countries such as India and China, especially for commercial purposes. Fortune Business Insights™ provides this information in an upcoming report titled, “Shortwave Infrared (SWIR) Market, 2021-2028.” As per the report, the global market size has expanded at a rapid pace in recent years and will continue to witness robust growth during the forecast period.
Informational Source:
https://www.fortunebusinessinsights.com/shortwave-infrared-swir-market-105224
COVID-19 Impact: Slowdown of Electronics Sector Creates Roadblocks for Manufacturers
The COVID-19 pandemic has impacted nearly every industry vertical, and the electronics sector is no exception. Amid strict containment measures, supply chain disruptions, and workforce shortages, electronics production has declined significantly. The global economic downturn also created several roadblocks for the manufacturers of electronics components. On account of the aforementioned factors, developments in the SWIR space have slowed down since the outbreak of COVID-19.
A list of leading space semiconductor solutions providers present in the global market:
Segments-
On the basis of type, the market is classified into area scan and line scan.
Based on technology, the market is bifurcated into cooled and uncooled.
By application, the market is segmented into security and surveillance, monitoring and inspection, and detection.
On the basis of vertical, the market is divided into industrial and non-industrial.
In terms of the geographical outlook, the market is segregated into North America, Europe, Asia Pacific, and the Rest of the World.