Global Night Vision Device Market Size, Trends & Growth Opportunity By Device (Night Vision Camera, Night Vision Goggle, and Night Vision), By Application (Military, Surveillance, Hunting, Security, Navigation), By Technology (Thermal Imaging, Infrared illumination, Image Intensifier), By Region and Forecast till 2027
Report ID : IR100596 | Industries : Energy & Power | Published On :May 2024 | Page Count : 249
Global Night Vision Device Market Size, Trends & Growth Opportunity By Device (Night Vision Camera, Night Vision Goggle, and Night Vision), By Application (Military, Surveillance, Hunting, Security, Navigation), By Technology (Thermal Imaging, Infrared illumination, Image Intensifier), By Region and Forecast till 2027
Market Overview
Global Night Vision Device Market was valued at USD 6.78 billion in 2021 which is expected to reach USD USD17.32 billion by 2027 at a CAGR 16.3 % from 2022 -2027.
Night vision equipment is also known as a night optical/observation device. It is a type of optical instrument that produces images in different levels of light in the dark. These devices are broadly classified into three types: night vision cameras, night vision goggles, and night vision scopes.
Market Drivers
Increased military budgets in various regions, as well as the upgrading of existing defence devices, are the driving factors expected to propel the global night vision devices market growth. Furthermore, the increased use of night vision devices for tracking suspicious people and vehicles will boost market growth. Furthermore, increased adoption of these devices in commercial vehicles and luxury vehicles is expected to drive market growth in the near future. Furthermore, technological advancements will drive market growth.
Market Restraints
However, the high cost of night vision devices due to the use of third generation technology is a major impediment to the growth of the global night vision devices market.
Market Segmentation
Global Night Vision Device Market is segmented into device such as Night Vision Camera, Night Vision Goggle, and Night Vision Scope, by technology such as Thermal Imaging, Infrared illumination, and Image Intensifier. Further, market is segmented into application such as Military, Surveillance, Hunting, Security, Navigation, and Others.
Also, Global Night Vision Device Market is diversified into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate the market in terms of share. Rising security breaches and growing reliance are driving up demand for night vision solutions in countries such as the United States and Canada. The central governments of the United States and Canada are turning to night vision solutions to improve security across public applications. For example, military spending in the United States in 2019 was estimated to be around USD 732 billion, up 5.3% from the previous year. In 2019, the United States accounted for approximately 38% of global military spending.
Market Key Players
Various key players are discussed in this report such as Thales group, SATIR, Elbit Systems Ltd., American Technologies Network Corp., Harris Group Inc., L3 Technologies, Inc., Bharat Electronics Limited, Collins Aerospace, BAE Systems Plc, and FLIR Systems, Inc.
Market Taxonomy
By Device
• Night Vision Camera
• Night Vision Goggle
• Night Vision Scope
By Technology
• Thermal Imaging
• Infrared illumination
• Image Intensifier
By Application
• Military
• Surveillance
• Hunting
• Security
• Navigation
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Night Vision Device Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Night Vision Device Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Night Vision Device Market, By Device
5.1 Y-o-Y Growth Comparison, By Device
5.2 Global Night Vision Device Market Share Analysis, By Device
5.3 Global Night Vision Device Market Size and Forecast, By Device
5.3.1 Night Vision Camera
5.3.2 Night Vision Goggle
5.3.3 Night Vision Scope
6 Global Night Vision Device Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Night Vision Device Market Share Analysis, By Technology
6.3 Global Night Vision Device Market Size and Forecast, By Technology
6.3.1 Thermal Imaging
6.3.2 Infrared Illusion
6.3.3 Image Intensifier
7 Global Night Vision Device Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Night Vision Device Market Share Analysis, By Application
7.3 Global Night Vision Device Market Size and Forecast, By Application
7.3.1Military
7.3.2 Surveillance
7.3.3Hunting
7.3.4 Security
7.3.5 Navigation
7.3.6Others
8Global Night Vision Device Market, By Region
8.1 Global Night Vision Device Market Share Analysis, By Region
8.2 Global Night Vision Device Market Share Analysis, By Region
8.3 Global Night Vision Device Market Size and Forecast, By Region
9 North America Night Vision Device Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 North America Night Vision Device Market Share Analysis, By Device
9.3 North America Night Vision Device Market Size and Forecast, By Technology
9.4 North America Night Vision Device Market Size and Forecast, By Application
9.5 North America Night Vision Device Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10Europe Night Vision Device Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Europe Night Vision Device Market Share Analysis, By Device
10.3 Europe Night Vision Device Market Size and Forecast, By Technology
10.4 Europe Night Vision Device Market Size and Forecast, By Application
10.5 Europe Night Vision Device Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Night Vision Device Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Asia Pacific Night Vision Device Market Share Analysis, By Device
11.3 Asia Pacific Night Vision Device Market Size and Forecast, By Technology
11.4 Asia Pacific Night Vision Device Market Size and Forecast, By Application
11.5 Asia Pacific Night Vision Device Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Night Vision Device Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Latin America Night Vision Device Market Share Analysis, By Device
12.3 Latin America Night Vision Device Market Size and Forecast, By Technology
12.4 Latin America Night Vision Device Market Size and Forecast, By Application
12.5 Latin America Night Vision Device Market Size and Forecast, Country
13Middle East Night Vision Device Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Middle East Night Vision Device Market Share Analysis, By Device
13.3 Middle East Night Vision Device Market Size and Forecast, By Technology
13.4 Middle East Night Vision Device Market Size and Forecast, By Application
13.5 Middle East Night Vision Device Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Thales group
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 SATIR,
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Elbit Systems Ltd
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 American Technologies Network Corp
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Harris Group Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 L3 Technologies, Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Bharat Electronics Limited
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Collins Aerospace
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 BAE Systems Plc
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 FLIR Systems, Inc
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies