The global night vision devices market reached a value of US$ 9.5 billion in 2021. Looking forward, the market is projected to reach US$ 13.8 billion by 2027, exhibiting a CAGR of 6.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.
Night vision devices (NVDs) assist in amplifying the gamma, infrared and ultraviolet light to produce an accurate and user-friendly image in the dark environment. These devices have navigation and targeting capabilities and are made using an objective lens, image intensifier tube (IIT) screen, eyepiece and power source. NVDs rely on the objective lens to gather light particles coming from the object and aid in focusing these particles on the IIT screen to form an image. Owing to their attributes, these devices are widely used by security agencies to enhance visual capabilities during nighttime.
With increasing terrorist threats and unlawful activities, security screening has become mandatory at places such as airports, railway stations, stadiums, border checkpoints and other public areas. As night vision devices help to navigate, observe, detect and target intruders and trespassers, their demand is increasing across the globe. Apart from this, NVDs are used by wildlife biologists and photographers to study animal behavior. For instance, thermal imaging devices that are able to work in absolute darkness have enabled photographers to capture unusual activities of nocturnal animals. Some of the other factors anticipated to impel the market growth over the forecast period include reduced costs, enhanced designs, convenience and technological advancements offering improved overall performance.
This report provides an analysis of the key trends in each sub-segment of the global night vision devices market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on device, technology and End-user.
Currently, goggles represent the most popular night vision devices as they amplify available light using the image enhancement technology.
At present, image intensifier represent the largest segment, followed by thermal imaging and infrared illumination.
The military segment currently accounts for the majority of the total market share as major military forces in the United States, Russia, China, India and North Korea are increasing their expenditure on defense.
North America enjoys a leading position in the global night vision devices market on account of the rising cross-border drug trafficking and smuggling activities in the region.
The competitive landscape of the market has been analyzed along with detailed profiles of the major players operating in the industry. Some of the key players covered in this report are:
Night vision devices (NVDs) assist in amplifying the gamma, infrared and ultraviolet light to produce an accurate and user-friendly image in the dark environment. These devices have navigation and targeting capabilities and are made using an objective lens, image intensifier tube (IIT) screen, eyepiece and power source. NVDs rely on the objective lens to gather light particles coming from the object and aid in focusing these particles on the IIT screen to form an image. Owing to their attributes, these devices are widely used by security agencies to enhance visual capabilities during nighttime.
Market Trends
With increasing terrorist threats and unlawful activities, security screening has become mandatory at places such as airports, railway stations, stadiums, border checkpoints and other public areas. As night vision devices help to navigate, observe, detect and target intruders and trespassers, their demand is increasing across the globe. Apart from this, NVDs are used by wildlife biologists and photographers to study animal behavior. For instance, thermal imaging devices that are able to work in absolute darkness have enabled photographers to capture unusual activities of nocturnal animals. Some of the other factors anticipated to impel the market growth over the forecast period include reduced costs, enhanced designs, convenience and technological advancements offering improved overall performance.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global night vision devices market, along with forecasts at the global and regional level from 2022-2027. The report has categorized the market based on device, technology and End-user.
Breakup by Device:
- Goggles
- Cameras
- Scopes
- Others
Currently, goggles represent the most popular night vision devices as they amplify available light using the image enhancement technology.
Breakup by Technology:
- Image Intensifier
- Thermal Imaging
- Infrared Illumination
At present, image intensifier represent the largest segment, followed by thermal imaging and infrared illumination.
Breakup by End-user:
- Military Segment
- Civil Segment
The military segment currently accounts for the majority of the total market share as major military forces in the United States, Russia, China, India and North Korea are increasing their expenditure on defense.
Regional Insights:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
North America enjoys a leading position in the global night vision devices market on account of the rising cross-border drug trafficking and smuggling activities in the region.
Competitive Landscape
The competitive landscape of the market has been analyzed along with detailed profiles of the major players operating in the industry. Some of the key players covered in this report are:
- FLIR Systems, Inc.
- L3Harris Technologies, Inc.
- Elbit Systems of America, LLC
- American Technologies Network Corporation
Key Questions Answered in This Report
- How has the global night vision devices market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global night vision devices market?
- Which are the popular devices?
- What are the key End-user?
- What are the major technologies?
- What are the price trends of night vision devices?
- What are the various stages in the value chain of the global night vision devices market?
- What are the key driving factors and challenges in the global night vision devices market?
- What is the structure of the global night vision devices market and who are the key players?
- What is the degree of competition in the global night vision devices market?
- How are night vision devices manufactured?
Frequently Asked Questions about the Global Night Vision Devices Market
What is the estimated value of the Global Night Vision Devices Market?
What is the growth rate of the Global Night Vision Devices Market?
What is the forecasted size of the Global Night Vision Devices Market?
Who are the key companies in the Global Night Vision Devices Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 105 |
| Published | April 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 9.5 Billion |
| Forecasted Market Value ( USD | $ 13.8 Billion |
| Compound Annual Growth Rate | 6.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 4 |
Table of Contents
1 Preface3 Executive Summary
2 Scope and Methodology
4 Introduction
5 Global Night Vision Devices Market
6 Market Breakup by Device
7 Market Breakup by Technology
8 Market Breakup by End User
9 Market Breakup by Region
10 Night Vision Devices Manufacturing Process
11 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- FLIR Systems Inc.
- L3Harris Technologies Inc.
- Elbit Systems of America LLC
- American Technologies Network Corporation
Methodology
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