North and South America SWIR Market Growing at a 12.07% And 8.5% CAGR Respectively

DALLAS, TX -- North America and South America Short Wave Infrared (SWIR) Market By Material Type, Application and Industry Type - Analysis and Forecast (2014-2019)

The North American SWIR market report defines and segments the concerned market in the region with analysis and forecast of the market size in terms of value. This market was valued at $15.97 million in 2014, and is expected to reach $28.23 million by 2019, at a CAGR of 12.07% from 2014 to 2019.

Browse through the TOC of the global SWIR market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation of the market, and is supported by various tables and figures. This market is segmented and forecast based on materials, industry vertical, and geography. The market in terms of materials comprises Indium Gallium Arsenide (InGaAs), Mercury Cadmium Telluride (HgCdTe), Indium Antimonide (InSb), and Lead Sulfide (PbS). On the basis of the industry vertical, the market is segmented into Semiconductor Industry, Manufacturing & Process Industry, Agriculture Industry, Scientific Research & Life science, Automotive Industry, Commercial, and Military &Defense. The market is segmented and forecast based on regions, covering the U.S, Canada, and Mexico.

This report also includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market.

The South American Short Wave Infrared (SWIR) market is estimated to register a CAGR of 8.5% during the forecast period. Earlier, SWIR detectors were mainly produced for military and defense markets; however, this technology is now used in various commercial applications as well, such as temperature measurement, fire & gas detection, biomedical imaging, spectroscopy, semiconductor/ wafer inspection, and motion detection. Complete report on South America SWIR Market By Material Type (Indium Gallium Arsenide, Mercury cadmium Telluride, Indium Antimonide and Lead Sulfide), By Application and By Industry Type - Analysis and Forecast (2014-2019) available at http://www.rnrmarketresearch.com/south-america-swir-market-by-material-type-indium-gallium-arsenide-mercury-cadmium-telluride-indium-antimonide-and-lead-sulfide-by-application-and-by-industry-type-analysis-and-forecast-2014-2-market-report.html .

The South American SWIR market was dominated by Brazil, which accounted for the highest market share, followed by Argentina. The South American SWIR market is steadily progressing due to a continuous reduction in the price of SWIR detectors and an increasinge in the usage of these detectors in fast-growing applications, such as medical imaging and vision enhancement. SWIR is one of the largest segments utilized in the Semiconductor industry, accounteding for the largest share of 41% of the SA SWIR market among all application industries market share.

The South American SWIR market is competitive. Various companies, such as DRS Technologies (U.S.), FLIR Systems (U.S.), Sensors Unlimited (U.S.), Excelitas Technologies (U.S.), and ULIS (France), are continuously strategizing to accelerate their cutting edge technological capabilities, R&D capabilities, and innovation to strengthen their competitiveness in the global market. This is successfully achieved with the assistance of numerous market strategies adopted by these companies, including focusing on new product development, alliances, and acquisitions to expand their presence, portfolio, and market share. Apart from these companies, companies including Vigo Systems (Poland), Sensors Unlimited (U.S.), Opto Engineering (Italy), and Raptor photonics Ltd. (Ireland) are also expected to strengthen their market position through product approvals, alliances, and agreements.

Complete report on North America SWIR Market By Material Type (Indium Gallium Arsenide, Mercury cadmium Telluride, Indium Antimonide and Lead Sulfide), By Application and By Industry Type - Analysis and Forecast (2014-2019) available at http://www.rnrmarketresearch.com/north-america-swir-market-by-material-type-indium-gallium-arsenide-mercury-cadmium-telluride-indium-antimonide-and-lead-sulfide-by-application-and-by-industry-type-analysis-and-forecast-2014-2-market-report.html  

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