Real-time, spatially resolved moisture measurement is essential for electrification of industrial drying, yet the gravimetric gold standard is destructive, discontinuous, and blind. This study evaluates short-wave infrared (SWIR) multispectral imaging as a non-contact moisture sensor for microwave (MW)-assisted drying, using an 11-band camera (730–1650 nm) and unified processing pipeline. Two optically contrasting materials were studied: green ceramic tiles, where moisture determines product quality, and calcium carbonate (CaCO3) powder, where moisture is a process-control variable. Nine tiles were dried at 750, 1000, and 1500 W per generator, while CaCO3 was dried at 2000 W, with gravimetric dry-basis moisture content (MC) as reference. The pipeline located analysis regions using segmentation for tiles and template cross-correlation for powder (ρ ≥ 0.999); four-band measurements required ≈0.21 s. Seven per-pixel indices were ranked by MC correlation, cross-sample stability, and relative and moisture-normalized sensitivity. SWIR detected MW-induced drying in all cases, with correct index orientation across all tested cells. The optimal index was material-dependent: the 1450/1050 nm ratio performed best for tiles (R² = 0.82, cross-tile CoV = 0.58%, sensitivity = 0.011 index units per percentage point MC, +5.5% contrast), while the 1550/1050 nm ratio was optimal for CaCO3 (R² = 0.92 longest session, 0.80 pooled, sensitivity = 0.033 index pp⁻¹, +42.0% contrast). White-panel calibration removed camera and illumination responses. Spatial CoV indicated uniform MW heating. Fine CaCO3 trays met the 10% requirement, while coarse trays reached 13%. The sensor saturates below ≈0.5% MC, making it suitable for in-line screening rather than precise ceramic endpoint control.