North America Shortwave Infrared Market Size, Share & Trends Analysis Report By Offering (Solution and Services), By Imaging Type, By Technology, By Vertical, By Country and Growth Forecast, 2024 - 2031

The North America Shortwave Infrared Market would witness market growth of 10.8% CAGR during the forecast period (2024-2031).

The US market dominated the North America Shortwave Infrared Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $312.4 million by 2031. The Canada market is experiencing a CAGR of 13% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.2% during (2024 - 2031).

The shortwave infrared market is witnessing significant growth, driven by the increasing demand for high-performance imaging and sensing technologies in various industries. Shortwave infrared, typically referring to electromagnetic radiation with wavelengths between 1.0 to 3.0 microns, lies between the visible and mid-wave infrared (MWIR) regions of the electromagnetic spectrum.

Additionally, SWIR imaging technology has gained attention due to its ability to penetrate through fog, smoke, and dust. It offers clear images in low-light conditions and enables better detection of objects or substances that are otherwise undetectable by visible light.

The growth and investment in key industries in Canada and Mexico, particularly in aerospace and food processing, are creating fertile ground for advancing high-tech solutions such as Shortwave Infrared (SWIR) technology. In Canada, the Aerospace Regional Recovery Initiative (ARRI) is driving growth in the aerospace sector, while in Mexico, the food processing industry continues to thrive with impressive growth rates.

Free Valuable Insights: The Shortwave Infrared Market is Predict to reach USD 1.24 Billion by 2031, at a CAGR of 11.5%

Based on Offering, the market is segmented into Solution and Services. Based on Imaging Type, the market is segmented into Spectral Imaging, Thermal Imaging, and Hyperspectral Imaging. Based on Technology, the market is segmented into Uncooled and Cooled. Based on Vertical, the market is segmented into Military & Defense, Industrial, Electronics & Communication, Medical & Healthcare, Food & Beverage, and Other Vertical. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Teledyne Technologies Incorporated
• Corning Incorporated
• Leonardo SpA (Leonardo DRS, Inc.)
• Hamamatsu Photonics K.K.
• Fortive Corporation (Fluke Corporation)
• Collins Aerospace (RTX Corporation)
• Xenics NV
• Allied Vision Technologies GmbH
• IRCameras LLC (Santa Barbara Infrared)
• New Imaging Technologies (NIT)

North America Shortwave Infrared Market Report Segmentation

By Offering

• Solution
• Services

By Imaging Type

• Spectral Imaging
• Thermal Imaging
• Hyperspectral Imaging

By Technology

• Uncooled
• Cooled

By Vertical

• Military & Defense
• Industrial
• Electronics & Communication
• Medical & Healthcare
• Food & Beverage
• Other Vertical

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Shortwave Infrared Market, by Offering
1.4.2 North America Shortwave Infrared Market, by Imaging Type
1.4.3 North America Shortwave Infrared Market, by Technology
1.4.4 North America Shortwave Infrared Market, by Vertical
1.4.5 North America Shortwave Infrared Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Shortwave Infrared Market
4.3 Porter Five Forces Analysis

Chapter 5. North America Shortwave Infrared Market by Offering
5.1 North America Solution Market by Country
5.2 North America Services Market by Country

Chapter 6. North America Shortwave Infrared Market by Imaging Type
6.1 North America Spectral Imaging Market by Country
6.2 North America Thermal Imaging Market by Country
6.3 North America Hyperspectral Imaging Market by Country

Chapter 7. North America Shortwave Infrared Market by Technology
7.1 North America Uncooled Market by Country
7.2 North America Cooled Market by Country

Chapter 8. North America Shortwave Infrared Market by Vertical
8.1 North America Military & Defense Market by Country
8.2 North America Industrial Market by Country
8.3 North America Electronics & Communication Market by Country
8.4 North America Medical & Healthcare Market by Country
8.5 North America Food & Beverage Market by Country
8.6 North America Other Vertical Market by Country

Chapter 9. North America Shortwave Infrared Market by Country
9.1 US Shortwave Infrared Market
9.1.1 US Shortwave Infrared Market by Offering
9.1.2 US Shortwave Infrared Market by Imaging Type
9.1.3 US Shortwave Infrared Market by Technology
9.1.4 US Shortwave Infrared Market by Vertical
9.2 Canada Shortwave Infrared Market
9.2.1 Canada Shortwave Infrared Market by Offering
9.2.2 Canada Shortwave Infrared Market by Imaging Type
9.2.3 Canada Shortwave Infrared Market by Technology
9.2.4 Canada Shortwave Infrared Market by Vertical
9.3 Mexico Shortwave Infrared Market
9.3.1 Mexico Shortwave Infrared Market by Offering
9.3.2 Mexico Shortwave Infrared Market by Imaging Type
9.3.3 Mexico Shortwave Infrared Market by Technology
9.3.4 Mexico Shortwave Infrared Market by Vertical
9.4 Rest of North America Shortwave Infrared Market
9.4.1 Rest of North America Shortwave Infrared Market by Offering
9.4.2 Rest of North America Shortwave Infrared Market by Imaging Type
9.4.3 Rest of North America Shortwave Infrared Market by Technology
9.4.4 Rest of North America Shortwave Infrared Market by Vertical

Chapter 10. Company Profiles
10.1 Teledyne Technologies Incorporated
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.2 Corning Incorporated
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 SWOT Analysis
10.3 Leonardo SpA (Leonardo DRS, Inc.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Hamamatsu Photonics K.K.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Fortive Corporation (Fluke Corporation)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 SWOT Analysis
10.6 Collins Aerospace (RTX Corporation)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 SWOT Analysis
10.7 Xenics NV
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Product Launches and Product Expansions:
10.8 Allied Vision Technologies GmbH
10.8.1 Company Overview
10.9 IRCameras LLC (Santa Barbara Infrared)
10.9.1 Company Overview
10.10. New Imaging Technologies (NIT)
10.10.1 Company Overview

TABLE 1 North America Shortwave Infrared Market, 2020 - 2023, USD Million
TABLE 2 North America Shortwave Infrared Market, 2024 - 2031, USD Million
TABLE 3 North America Shortwave Infrared Market by Offering, 2020 - 2023, USD Million
TABLE 4 North America Shortwave Infrared Market by Offering, 2024 - 2031, USD Million
TABLE 5 North America Solution Market by Country, 2020 - 2023, USD Million
TABLE 6 North America Solution Market by Country, 2024 - 2031, USD Million
TABLE 7 North America Services Market by Country, 2020 - 2023, USD Million
TABLE 8 North America Services Market by Country, 2024 - 2031, USD Million
TABLE 9 North America Shortwave Infrared Market by Imaging Type, 2020 - 2023, USD Million
TABLE 10 North America Shortwave Infrared Market by Imaging Type, 2024 - 2031, USD Million
TABLE 11 North America Spectral Imaging Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Spectral Imaging Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Thermal Imaging Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Thermal Imaging Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Hyperspectral Imaging Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Hyperspectral Imaging Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Shortwave Infrared Market by Technology, 2020 - 2023, USD Million
TABLE 18 North America Shortwave Infrared Market by Technology, 2024 - 2031, USD Million
TABLE 19 North America Uncooled Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Uncooled Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Cooled Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Cooled Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Shortwave Infrared Market by Vertical, 2020 - 2023, USD Million
TABLE 24 North America Shortwave Infrared Market by Vertical, 2024 - 2031, USD Million
TABLE 25 North America Military & Defense Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Military & Defense Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Industrial Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Industrial Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Electronics & Communication Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Electronics & Communication Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Medical & Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Medical & Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Food & Beverage Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Food & Beverage Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Other Vertical Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Other Vertical Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Shortwave Infrared Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Shortwave Infrared Market by Country, 2024 - 2031, USD Million
TABLE 39 US Shortwave Infrared Market, 2020 - 2023, USD Million
TABLE 40 US Shortwave Infrared Market, 2024 - 2031, USD Million
TABLE 41 US Shortwave Infrared Market by Offering, 2020 - 2023, USD Million
TABLE 42 US Shortwave Infrared Market by Offering, 2024 - 2031, USD Million
TABLE 43 US Shortwave Infrared Market by Imaging Type, 2020 - 2023, USD Million
TABLE 44 US Shortwave Infrared Market by Imaging Type, 2024 - 2031, USD Million
TABLE 45 US Shortwave Infrared Market by Technology, 2020 - 2023, USD Million
TABLE 46 US Shortwave Infrared Market by Technology, 2024 - 2031, USD Million
TABLE 47 US Shortwave Infrared Market by Vertical, 2020 - 2023, USD Million
TABLE 48 US Shortwave Infrared Market by Vertical, 2024 - 2031, USD Million
TABLE 49 Canada Shortwave Infrared Market, 2020 - 2023, USD Million
TABLE 50 Canada Shortwave Infrared Market, 2024 - 2031, USD Million
TABLE 51 Canada Shortwave Infrared Market by Offering, 2020 - 2023, USD Million
TABLE 52 Canada Shortwave Infrared Market by Offering, 2024 - 2031, USD Million
TABLE 53 Canada Shortwave Infrared Market by Imaging Type, 2020 - 2023, USD Million
TABLE 54 Canada Shortwave Infrared Market by Imaging Type, 2024 - 2031, USD Million
TABLE 55 Canada Shortwave Infrared Market by Technology, 2020 - 2023, USD Million
TABLE 56 Canada Shortwave Infrared Market by Technology, 2024 - 2031, USD Million
TABLE 57 Canada Shortwave Infrared Market by Vertical, 2020 - 2023, USD Million
TABLE 58 Canada Shortwave Infrared Market by Vertical, 2024 - 2031, USD Million
TABLE 59 Mexico Shortwave Infrared Market, 2020 - 2023, USD Million
TABLE 60 Mexico Shortwave Infrared Market, 2024 - 2031, USD Million
TABLE 61 Mexico Shortwave Infrared Market by Offering, 2020 - 2023, USD Million
TABLE 62 Mexico Shortwave Infrared Market by Offering, 2024 - 2031, USD Million
TABLE 63 Mexico Shortwave Infrared Market by Imaging Type, 2020 - 2023, USD Million
TABLE 64 Mexico Shortwave Infrared Market by Imaging Type, 2024 - 2031, USD Million
TABLE 65 Mexico Shortwave Infrared Market by Technology, 2020 - 2023, USD Million
TABLE 66 Mexico Shortwave Infrared Market by Technology, 2024 - 2031, USD Million
TABLE 67 Mexico Shortwave Infrared Market by Vertical, 2020 - 2023, USD Million
TABLE 68 Mexico Shortwave Infrared Market by Vertical, 2024 - 2031, USD Million
TABLE 69 Rest of North America Shortwave Infrared Market, 2020 - 2023, USD Million
TABLE 70 Rest of North America Shortwave Infrared Market, 2024 - 2031, USD Million
TABLE 71 Rest of North America Shortwave Infrared Market by Offering, 2020 - 2023, USD Million
TABLE 72 Rest of North America Shortwave Infrared Market by Offering, 2024 - 2031, USD Million
TABLE 73 Rest of North America Shortwave Infrared Market by Imaging Type, 2020 - 2023, USD Million
TABLE 74 Rest of North America Shortwave Infrared Market by Imaging Type, 2024 - 2031, USD Million
TABLE 75 Rest of North America Shortwave Infrared Market by Technology, 2020 - 2023, USD Million
TABLE 76 Rest of North America Shortwave Infrared Market by Technology, 2024 - 2031, USD Million
TABLE 77 Rest of North America Shortwave Infrared Market by Vertical, 2020 - 2023, USD Million
TABLE 78 Rest of North America Shortwave Infrared Market by Vertical, 2024 - 2031, USD Million
TABLE 79 Key Information – Teledyne Technologies Incorporated
TABLE 80 Key Information – Corning Incorporated
TABLE 81 Key information – Leonardo SpA
TABLE 82 key information – Hamamatsu Photonics K.K.
TABLE 83 Key Information –fortive corporation
TABLE 84 Key Information – Collins Aerospace
TABLE 85 key information – Xenics NV
TABLE 86 Key Information – Allied Vision Technologies GmbH
TABLE 87 Key Information – IRCameras LLC
TABLE 88 Key Information – New Imaging Technologies (NIT)

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Shortwave Infrared Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Shortwave Infrared Market
FIG 4 Market Share Analysis, 2023
FIG 5 Porter’s Five Forces Analysis – Shortwave Infrared Market
FIG 6 North America Shortwave Infrared Market share by Offering, 2023
FIG 7 North America Shortwave Infrared Market share by Offering, 2031
FIG 8 North America Shortwave Infrared Market by Offering, 2020 - 2031, USD Million
FIG 9 North America Shortwave Infrared Market share by Imaging Type, 2023
FIG 10 North America Shortwave Infrared Market share by Imaging Type, 2031
FIG 11 North America Shortwave Infrared Market by Imaging Type, 2020 - 2031, USD Million
FIG 12 North America Shortwave Infrared Market share by Technology, 2023
FIG 13 North America Shortwave Infrared Market share by Technology, 2031
FIG 14 North America Shortwave Infrared Market by Technology, 2020 - 2031, USD Million
FIG 15 North America Shortwave Infrared Market share by Vertical, 2023
FIG 16 North America Shortwave Infrared Market share by Vertical, 2031
FIG 17 North America Shortwave Infrared Market by Vertical, 2020 - 2031, USD Million
FIG 18 North America Shortwave Infrared Market share by Country, 2023
FIG 19 North America Shortwave Infrared Market share by Country, 2031
FIG 20 North America Shortwave Infrared Market by Country, 2020 - 2031, USD Million
FIG 21 SWOT Analysis: Corning Incorporated
FIG 22 Recent strategies and developments: Leonardo SpA
FIG 23 SWOT Analysis: Leonardo SpA
FIG 24 Swot analysis: Hamamatsu Photonics K.K.
FIG 25 SWOT Analysis: Fortive Corporation
FIG 26 Swot Analysis: Collins Aerospace