
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 i
Description
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), Regional Outlook, Competitive Market Share & Forecast, 2022 – 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 soon. 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
The 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.
Regional Analysis
The 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
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 soon. 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
The 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.
Regional Analysis
The 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
- Thermal Imaging
- Infrared illumination
- Image Intensifier
- Military
- Surveillance
- Hunting
- Security
- Navigation
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Contents
145 Pages
- 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
- 7.3.1 Military
- 7.3.2 Surveillance
- 7.3.3 Hunting
- 7.3.4 Security
- 7.3.5 Navigation
- 7.3.6 Others
- 8 Global 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
- 10.5.4 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
- 12 Latin 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
- 12.5.1 Brazil
- 12.5.2 Rest of Latin America
- 13 Middle 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
- 13.5.1 Saudi Arabia
- 13.5.2 UAE
- 13.5.3 Egypt
- 13.5.4 Kuwait
- 13.5.5 South Africa
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company 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
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