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The Night Vision Device Market size was estimated at USD 8.82 billion in 2022, USD 9.63 billion in 2023, and is expected to grow at a CAGR of 9.68% to reach USD 18.47 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Night vision devices are highly advanced optical instruments that permit the observer to view objects and surrounding environments in low-light conditions or under complete darkness. These devices employ a combination of an image intensifier, a protective and generally water-resistant housing, and an optical system to enhance visibility during nighttime or otherwise dark conditions. Increasing defense expenditure by countries worldwide on advanced surveillance & communication technologies, a growing need for enhanced situational awareness in combat scenarios, and a rising focus on ensuring public safety through effective law enforcement measures are increasing the deployment of night vision devices across the end-use sectors globally. However, the high cost of manufacturing & maintenance of night vision devices may adversely impact their use by the end-use sectors. Moreover, continuous advancements in infrared technology resulting in improved performance characteristics such as better resolution & increased detection ranges are expected to encourage the deployment of night vision devices across the end-use verticals globally.
Regional Insights
The night vision device (NVD) market is evolving in the Americas owing to its robust defense sector and extensive investments in research and development. European Union countries have demonstrated a strong interest in NVD technology with an increased emphasis on border security and enhancing situational awareness through next-generation night vision capabilities. Ongoing regional conflicts that necessitate enhanced surveillance capabilities are accelerating the deployment of night vision devices in the EMEA region. In the Asia-Pacific region, strong R&D efforts, increased defense spending, and upgrading surveillance systems with advanced night vision capabilities are encouraging the use of the night vision device market in the region. In addition, the incorporation of innovative materials and integration of breakthrough technologies in night vision devices are anticipated to propel the adoption of night vision devices worldwide.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Night Vision Device Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Night Vision Device Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Night Vision Device Market, highlighting leading vendors and their innovative profiles. These include AGM Global Vision, LLC, American Outdoor Brands, Inc., American Technologies Network Corporation, ANVS Inc., B.E. Meyers & Co., Inc., BAE Systems PLC, Bharat Electronics Limited, Elbit Systems Ltd., Excelitas Technologies Corp., Fenn Night Vision Limited, Fluke Corporation, General Starlight Company Inc., Global Tele Communications, Hangzhou View Sheen Technology Co., Ltd., Intevac, Inc., IRay Technology Co., Ltd., L3Harris Technologies, Inc., Leonardo S.p.A., LightPath Technologies, Inc., Lockheed Martin Corporation, MKU LIMITED, Newcon International Ltd, Night Vision Devices, Inc., Northrop Grumman Corporation, Optex Systems, Inc., Optronics Engineering Ltd., Photonis Technologies SAS by Exosens Group, QinetiQ Group Plc, Rolta India Limited, Rongland Ltd., RTX Corporation, Safran S.A., SATIR, Schmidt & Bender GmbH & Co. KG, Seek Thermal, Inc., Shenzhen Pard Technology Co., Ltd., SiOnyx, LLC, Steele Industries Inc., Tactical Night Vision Company, Inc., Tata Advanced Systems Limited, Teledyne FLIR LLC, Thales Group, Tonbo Imaging, and Yukon Advanced Optics Worldwide.Market Segmentation & Coverage
This research report categorizes the Night Vision Device Market to forecast the revenues and analyze trends in each of the following sub-markets:- Technology
- Image Intensifiers
- Infrared Illumination
- Thermal Imaging
- Product
- Binocular & Clips
- Camera
- Goggles
- Scope
- Application
- Hidden Object Detection
- Hunting
- Military & Defense
- Navigation
- Surveillance
- Wildlife Spotting & Conservation
- Distribution
- Offline
- Online
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Night Vision Device Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Night Vision Device Market?
- What are the technology trends and regulatory frameworks in the Night Vision Device Market?
- What is the market share of the leading vendors in the Night Vision Device Market?
- Which modes and strategic moves are suitable for entering the Night Vision Device Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Night Vision Device Market, by Technology
7. Night Vision Device Market, by Product
8. Night Vision Device Market, by Application
9. Night Vision Device Market, by Distribution
10. Americas Night Vision Device Market
11. Asia-Pacific Night Vision Device Market
12. Europe, Middle East & Africa Night Vision Device Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- AGM Global Vision, LLC
- American Outdoor Brands, Inc.
- American Technologies Network Corporation
- ANVS Inc.
- B.E. Meyers & Co., Inc.
- BAE Systems PLC
- Bharat Electronics Limited
- Elbit Systems Ltd.
- Excelitas Technologies Corp.
- Fenn Night Vision Limited
- Fluke Corporation
- General Starlight Company Inc.
- Global Tele Communications
- Hangzhou View Sheen Technology Co., Ltd.
- Intevac, Inc.
- IRay Technology Co., Ltd.
- L3Harris Technologies, Inc.
- Leonardo S.p.A.
- LightPath Technologies, Inc.
- Lockheed Martin Corporation
- MKU LIMITED
- Newcon International Ltd
- Night Vision Devices, Inc.
- Northrop Grumman Corporation
- Optex Systems, Inc.
- Optronics Engineering Ltd.
- Photonis Technologies SAS by Exosens Group
- QinetiQ Group Plc
- Rolta India Limited
- Rongland Ltd.
- RTX Corporation
- Safran S.A.
- SATIR
- Schmidt & Bender GmbH & Co. KG
- Seek Thermal, Inc.
- Shenzhen Pard Technology Co., Ltd.
- SiOnyx, LLC
- Steele Industries Inc.
- Tactical Night Vision Company, Inc.
- Tata Advanced Systems Limited
- Teledyne FLIR LLC
- Thales Group
- Tonbo Imaging
- Yukon Advanced Optics Worldwide
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 9.63 Billion |
| Forecasted Market Value ( USD | $ 18.47 Billion |
| Compound Annual Growth Rate | 9.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 44 |
