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Short Wave IR (SWIR) LED Market Trends

Report ID: GMI5553
Published Date: Jul 2024
Report Format: PDF

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Short Wave IR LED Market Trends

The surveillance and security sector has seen significant advancements with the adoption of SWIR LEDs. These LEDs provide superior imaging in low-light and nighttime conditions without the need for additional lighting, making them ideal for security cameras and night-vision equipment. SWIR technology also allows for better penetration through atmospheric particles like fog and smoke, enhancing visibility and accuracy in adverse conditions. For instance, in October 2022, SWIR Vision Systems Inc. increased the capability of its quantum dot-based short wavelength infrared (SWIR) machine vision camera inspection product.

Moreover, SWIR Vision introduced very high-resolution, 2.1Mp Acuros 1920 CQD eSWIR cameras for Li: Ion Battery Inspection. The cameras have been designed directly with this application in mind. This development has been particularly beneficial for critical infrastructure protection and military applications, where visibility and accurate identification are crucial. The enhanced capabilities of SWIR LEDs in these systems are contributing to their increased adoption, highlighting their role in improving security measures and driving the market forward.

Short wave IR (SWIR) LEDs are finding use in many new areas beyond their traditional roles in imaging and surveillance. These LEDs are now being utilized in industries such as automotive, healthcare, agriculture, industrial inspection, and scientific research. Their superior imaging capabilities enable enhanced safety features in automotive systems, improved medical diagnostics and continuous health monitoring, precise monitoring of plant health in agriculture, and detailed inspection in industrial manufacturing. monitor plant health and inspect industrial materials with precision is driving this growth. For instance, in October 2023, Omron Automation launched its SWIR camera series for precision inspection across manufacturing processes. The versatility and superior imaging capabilities of SWIR technology are opening new markets and creating opportunities for growth.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for short wave IR LED was valued at USD 708.48 million in 2023 and is anticipated to register over 9.5% CAGR between 2024 and 2032, as it plays a crucial role in sensor integration in the healthcare sector due to its ability to detect & capture images beyond the visible spectrum

The 850nm-950nm segment accounted for over 41% of the short wave IR LED market share in 2023 and will grow rapidly through 2032, due to its optimal balance between penetration depth and resolution.

Asia Pacific market recorded over 40% share in 2023 and will expand rapidly through 2032, due to rapid economic growth and industrial expansion in the region.

Ushio OPTO Semiconductors Inc, EPILEDS, DOWA Electronics Materials Co., Ltd, Everlight Electronics Co Ltd, Lite-On Inc, ROHM Semiconductor, and Lumileds among others.