The SWIR spectrum typically ranges from wavelengths of 1 to 3 μm. For imaging in this range, SWIR cameras are required that can convert the radiation of objects in the SWIR range to a measurable form. The capability of an SWIR camera depends on the type of component used. Lens and detector are the 2 most important components of an SWIR camera and account for a significant percentage of the total value of an SWIR camera. Indium gallium arsenide (InGaAs), mercury cadmium telluride (HgCdTe), and indium antimonide (InSb) are some of the types of SWIR detectors available in the SWIR market.

Visionary leaders are the leading market players in terms of product portfolio, geographic reach, innovative technologies, and adoption of growth strategies. The SWIR market is moderately dominated by the players covering a major share of the market. These players have a broad product portfolio that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and well-established brand equity.

Dynamic differentiators are the companies that focus specifically on 1 or 2 technologies; however, they hold a fair position in the market, along with presence in various regions globally. These players have weak product offerings and strong business strategies.

The players involved in the development and innovation of new products in the SWIR market have been included in this quadrant. The demand for low-cost SWIR cameras is growing; hence, new as well as existing players can make a positive impact on the SWIR market by launching new products.

As the market poses moderate threat to new entrants in establishing their footprint, there are several players providing SWIR cameras to diverse business groups globally.