Night Vision Device Market: Future Outlook and Projections

ByPraj Nene
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The global night vision devices market size was USD 4.66 billion in 2019 and is anticipated to reach USD 9.02 billion by 2027, exhibiting a CAGR of 8.8% during the forecast period.

The market growth is attributed to the increasing government spending on military modernization, advancements in night vision device technologies, and the growing range of applications in civil and defense-related security.

Browse Summary:

https://www.fortunebusinessinsights.com/industry-reports/night-vision-device-market-101784

Scope of the Report:

The Night Vision Device Market is segmented by:

  • Device Type (Goggles, Monocular & Binoculars, Camera, Glasses, Scopes, Others)
  • Technology (Thermal Imaging, Image Intensifier, Infrared Illumination, Others)
  • Application (Military & Defense, Wildlife Spotting & Conservation, Surveillance, Targeting, Navigation, Others)
  • Region (North America, Europe, Asia-Pacific, LAMEA)

Major Companies Profiled in the Report:

  • L3 Technologies Inc
  • American Technologies Network Corp
  • BAE Systems PLC
  • Thales Group SA
  • SATIR
  • Elbit Systems Ltd
  • Teledyne FLIR LLC
  • Collins Aerospace
  • Meopta
  • Excelitas Technologies Corp
  • Safran
  • Blink
  • Reolink
  • Nightfox Night Vision
  • Sigweis
  • Rexing Inc
  • Bushnell
  • SOLOMARK
  • Tonbo Imaging
  • Tactical Night Vision Company, Inc
  • Night Vision Devices Inc

Regional Insights:

The regions covered in this Global Night Vision Devices Market report are North America, Europe, Asia-Pacific, and Rest of the World. Based on country level, the market of Managed security service is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

KEY INDUSTRY DEVELOPMENTS:

February 2019: – Thermoteknix Systems Ltd. launched its advanced TiCAM 1000C Biocular Target Locator System at the Security & Policing security event 2019. It is a hand-held camera used for observation, surveillance, and security applications. It is also suitable for dark environments and poor weather conditions.

February 2019: – Thales Group announced the co-development of ELFIE night vision devices in collaboration with armed force manufacturer MKU ltd in India.  ELFIE will offer easy mobility and night combat facility. The product can be used via helmet mounted or weapon mounted, it is suitable for left and right eyes.