South Korea Mid-Wave Infrared MWIR Sensors Market Size, Share, and COVID-19 Impact Analysis, By Type (Cooled Mid-Wave Infrared (MWIR) Sensors, High Operating Temperature (HOT) Mid-Wave Infrared (MWIR) Sensors, XBn (InAsSb), nBn, SLS (Strained-Layer Superlattice), and Lead Selenice (PbSe)), By Application (AerospaceDefense and Commercial), and South Korea Mid-Wave Infrared MWIR Sensors Market Insights, Industry Trend, Forecasts to 2035

South Korea Mid-Wave Infrared MWIR Sensors Market Insights Forecasts to 2035

• The South Korea Mid-Wave Infrared MWIR Sensors Market Size was Estimated at USD 57.3 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 9.47% from 2025 to 2035
• The South Korea Mid-Wave Infrared MWIR Sensors Market Size is Expected to Reach USD 155 Million by 2035

According to a research report published by Spherical Insights & Consulting, The South Korea Mid-Wave Infrared MWIR Sensors Market Size is anticipated to reach USD 155 Million by 2035, growing at a CAGR of 9.47% from 2025 to 2035. Growing as a result of increased government spending on military modernization and the growing need for thermal imaging in defense and surveillance. Sensor deployment across sectors is also being accelerated by the increasing use of industrial automation and smart city infrastructure, which includes environmental monitoring and predictive maintenance.

Market Overview

The market for mid-wave infrared (MWIR) sensors in South Korea is centered on thermal imaging technologies that use wavelengths between 3 and 5 micrometers to precisely detect heat signatures. Additionally, The South Korean government has been making investments to improve its military capabilities, which has increased the use of MWIR sensors for target acquisition, surveillance, and reconnaissance. The efficiency and quality of MWIR sensors are also improved by the increased emphasis on research and development in advanced materials and sensor technologies. As sectors like manufacturing, healthcare, and automotive investigate incorporating MWIR sensors into their goods and procedures, opportunities are also opening up. The automotive sector, where these sensors are crucial for obstacle perception and navigation, is one of the most alluring prospects in South Korea as a result of the development of self-driving cars. Furthermore, there is a greater chance to integrate MWIR sensors into urban infrastructure for environmental and public safety monitoring thanks to the nation's smart city initiative.

Report Coverage

This research report categorizes the market for the South Korea mid-wave infrared MWIR sensors market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea mid-wave infrared MWIR sensors market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea mid-wave infrared MWIR sensors market.

Driving Factors

The South Korean mid-wave infrared (MWIR) sensors market is expanding as a result of the industrial sector's quick adoption of automation technologies. In order to improve productivity and efficiency in manufacturing processes, more advanced sensing technologies must be integrated into smart factories, which are predicted to multiply by 50% in South Korea by 2025, according to the Ministry of Trade, Industry, and Energy. Temperature monitoring and predictive maintenance of machinery are two important uses for MWIR sensors that are essential for operational excellence. These sensors are already being used by businesses like Samsung Electronics to track the condition of their equipment in real time, which lowers operating expenses and downtime. The market for MWIR sensors is expected to grow significantly as more industries adopt these technologies due to the strong demand created by the growing trend toward industrial automation.

Restraining Factors

The market for MWIR sensors in South Korea is hampered by high production costs, complex integration with existing systems, and limited miniaturization capabilities. Furthermore, wider adoption in the automotive, industrial, and defense sectors is impeded by cooling requirements, data processing challenges, and regulatory hurdles.

Market Segmentation

The South Korea mid-wave infrared MWIR sensors market share is classified into type and application.

• The cooled mid-wave infrared (MWIR) sensors segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea mid-wave infrared MWIR sensors market is segmented by type into cooled mid-wave infrared (MWIR) sensors, high operating temperature (HOT) mid-wave infrared (MWIR) sensors, XBn (InAsSb), nBn, SLS (strained-layer superlattice), and lead selenice (PbSe). Among these, the cooled mid-wave infrared (MWIR) sensors segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The market for Cooled Mid-Wave Infrared (MWIR) sensors is particularly important because of their improved sensitivity and resolution, which make them appropriate for vital uses like defense system target acquisition and surveillance. A higher signal-to-noise ratio, which is necessary for precise thermal detection, is produced by this type's tendency to operate at lower temperatures.

• The aerospace defense segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea mid-wave infrared MWIR sensors market is segmented by application into aerospace defense and commercial. Among these, the aerospace defense segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Growing military spending and technological developments have propelled the aerospace defense industry's growth. It is essential for both operational effectiveness and national security since it uses MWIR sensors for target acquisition, navigation, and surveillance.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea mid-wave infrared MWIR sensors market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Hanwha Techwin
• LG Electronics
• LIG Nex1
• Samsung Electronics
• Korea Aerospace Industries (KAI)
• Infrared Korea Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Mid-Wave Infrared MWIR Sensors Market based on the below-mentioned segments:

South Korea Mid-Wave Infrared MWIR Sensors Market, By Type

• Cooled Mid-Wave Infrared (MWIR) Sensors
• High Operating Temperature (HOT) Mid-Wave Infrared (MWIR) Sensors
• XBn (InAsSb)
• nBn
• SLS (Strained-Layer Superlattice)
• Lead Selenice (PbSe)

South Korea Mid-Wave Infrared MWIR Sensors Market, By Application

• AerospaceDefense
• Commercial