Night Vision Device Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Night Vision Device Market
The night vision device market size was valued at USD 4.66 billion in 2019, and the market is now projected to grow from USD 15.71 billion by 2032, exhibiting a CAGR of 9.80% during the forecast period of 2024-2032.
Governments across the world are developing strict surveillance mechanisms to address the surge of COVID-19. Moreover, to overcome the pandemic, organizations are reform their business stability models by financing in progressive models. Drones allowed with night vision cameras assist police to classify the location of people meetings without upholding social distancing standards. The device also benefits to recognise persons who are not wearing masks in public places.
The upsurge in terrorist events, political tensions over border issues, and security & protection concerns have managed to a massive demand for NVDs through the military and defense industry. The military and defense industry is implementing NVDs to provide to the growing demand for night patrolling and conflict procedures.
The incorporation of near-infrared (NIR) imaging technology in the night vision devices is deemed as one of the major innovations. It allows soldiers to attack and reveal the location of the victims in any weather conditions. The adoption of advanced NIR devices is growing due to the ability to detect and track motions occurring under the cloak of darkness. Key players in the market are focusing on launching advanced products to improve the customer experience which will boost the night vision device market growth.
Comprehensive Analysis of Night Vision Device Market
The market can be segmented in various ways, depending on the focus of analysis such as by type, by brands and by packaging type. Based on the device type, the market is segmented into binoculars and monocular cameras, glasses, goggles, and scopes. Based on the application, the market is further segregated into border surveillance, engineering, fire and rescue, law enforcement, maritime & coastal surveillance, medical, security, and others.
North America region is dominating the night vision device market share due to rising security breaches and growing dependency is boosting the demand for night vision solutions through countries.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include BAE System Plc (Farnborough, United Kingdom), Leonardo S.p.A. (Rome, Italy), Thales Group (La Défense, France), Elbit Systems of America, LLC (ELBIT SYSTEMS LTD) (Fort Worth, Texas, United States), FLIR Systems, Inc. (Wilsonville, Oregon, United States), Night Vision Devices, Inc. (Pennsylvania, United States), N-Vision Optics, LLC (Massachusetts, United States),Safran Vectronix AG (Heerbrugg, Switzerland), Adams Industries, Inc. (Los Angeles, California, United States) , Excelitas Technologies Corp. (Waltham, Massachusetts, United States), Opgal Optronic Industries Ltd. (Israel), Dali Technology Co., Ltd. (Zhejiang, China) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In February 2019, Thermoteknix Systems Ltd. launched its innovative 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 uses. It is also appropriate for dark situations and poor weather situations.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Billion)
Segmentation Device Type; Application; and Geography
By Device Type
Binoculars and Monocular
Cameras
Glasses
Goggles
Scopes
Rifle Scopes
Handheld Scopes
By Application
Border surveillance
Engineering
Fire and Rescue
Law Enforcement
Maritime & Coastal surveillance
Medical
Security
Others (Natural Resource Agency Applications, etc.)
By Geography
North America
By Device Type
By Application
By Country
The U.S.
By Device Type
Canada
By Device Type
Europe
By Device Type
By Application
By Country
The U.K.
By Device Type
Germany
By Device Type
France
By Device Type
Russia
By Device Type
Rest of Europe
Asia Pacific
By Device Type
By Application
By Country
China
By Device Type
Japan
By Device Type
India
By Device Type
South East Asia
By Device Type
Rest of Asia Pacific
Middle East & Africa
By Device Type
By Application
By Country
GCC
By Device Type
South Africa
By Device Type
Rest of Middle East & Africa
Latin America
By Device Type
By Application
By Country
Mexico
By Device Type
Brazil
By Device Type
Rest of Latin America
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Porter’s Five Force Analysis
- 4.4. Global Night Vision Devices Market Share Analysis and Matrix, 2019
- 5. Key Market Insights and Analysis, By Segments
- 6. Global Night Vision Devices Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 6.1. By Device Type (Value)
- 6.1.1. Binoculars and Monocular
- 6.1.2. Cameras
- 6.1.3. Glasses
- 6.1.4. Goggles
- 6.1.5. Scopes
- 6.1.5.1. Rifle Scopes
- 6.1.5.2. Handheld Scopes
- 6.2. By Application (Value)
- 6.2.1. Border surveillance
- 6.2.2. Engineering
- 6.2.3. Fire and Rescue
- 6.2.4. Law Enforcement
- 6.2.5. Maritime & Coastal surveillance
- 6.2.6. Medical
- 6.2.7. Security
- 6.2.8. Others (Natural Resource Agency Applications, etc.)
- 6.3. By Region (Value)
- 6.3.1. North America
- 6.3.2. Europe
- 6.3.3. Asia Pacific
- 6.3.4. Middle East & Africa
- 6.3.5. Latin America
- 7. North America Night Vision Devices Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 7.1. By Device Type (Value)
- 7.1.1. Binoculars and Monocular
- 7.1.2. Cameras
- 7.1.3. Glasses
- 7.1.4. Goggles
- 7.1.5. Scopes
- 7.1.5.1. Rifle Scopes
- 7.1.5.2. Handheld Scopes
- 7.2. By Application (Value)
- 7.2.1. Border surveillance
- 7.2.2. Engineering
- 7.2.3. Fire and Rescue
- 7.2.4. Law Enforcement
- 7.2.5. Maritime & Coastal surveillance
- 7.2.6. Medical
- 7.2.7. Security
- 7.2.8. Others (Natural Resource Agency Applications, etc.)
- 7.3. By Country (Value)
- 7.3.1. United States
- 7.3.1.1. By Device Type
- 7.3.2. Canada
- 7.3.2.1. By Device Type
- 8. Europe Night Vision Devices Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 8.1. By Device Type (Value)
- 8.1.1. Binoculars and Monocular
- 8.1.2. Cameras
- 8.1.3. Glasses
- 8.1.4. Goggles
- 8.1.5. Scopes
- 8.1.5.1. Rifle Scopes
- 8.1.5.2. Handheld Scopes
- 8.2. By Application (Value)
- 8.2.1. Border surveillance
- 8.2.2. Engineering
- 8.2.3. Fire and Rescue
- 8.2.4. Law Enforcement
- 8.2.5. Maritime & Coastal surveillance
- 8.2.6. Medical
- 8.2.7. Security
- 8.2.8. Others (Natural Resource Agency Applications, etc.)
- 8.3. By Country (Value)
- 8.3.1. U.K.
- 8.3.1.1. By Device Type
- 8.3.2. Germany
- 8.3.2.1. By Device Type
- 8.3.3. France
- 8.3.3.1. By Device Type
- 8.3.4. Russia
- 8.3.4.1. By Device Type
- 8.3.5. Rest of Europe
- 9. Asia Pacific Night Vision Devices Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.1. By Device Type (Value)
- 9.1.1. Binoculars and Monocular
- 9.1.2. Cameras
- 9.1.3. Glasses
- 9.1.4. Goggles
- 9.1.5. Scopes
- 9.1.5.1. Rifle Scopes
- 9.1.5.2. Handheld Scopes
- 9.2. By Application (Value)
- 9.2.1. Border surveillance
- 9.2.2. Engineering
- 9.2.3. Fire and Rescue
- 9.2.4. Law Enforcement
- 9.2.5. Maritime & Coastal surveillance
- 9.2.6. Medical
- 9.2.7. Security
- 9.2.8. Others (Natural Resource Agency Applications, etc.)
- 9.3. By Country (Value)
- 9.3.1. China
- 9.3.1.1. By Device Type
- 9.3.2. Japan
- 9.3.2.1. By Device Type
- 9.3.3. India
- 9.3.3.1. By Device Type
- 9.3.4. Southeast Asia
- 9.3.4.1. By Device Type
- 9.3.5. Rest of Asia Pacific
- 10. Middle East & Africa Night Vision Devices Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 10.1. By Device Type (Value)
- 10.1.1. Binoculars and Monocular
- 10.1.2. Cameras
- 10.1.3. Glasses
- 10.1.4. Goggles
- 10.1.5. Scopes
- 10.1.5.1. Rifle Scopes
- 10.1.5.2. Handheld Scopes
- 10.2. By Application (Value)
- 10.2.1. Border surveillance
- 10.2.2. Engineering
- 10.2.3. Fire and Rescue
- 10.2.4. Law Enforcement
- 10.2.5. Maritime & Coastal surveillance
- 10.2.6. Medical
- 10.2.7. Security
- 10.2.8. Others (Natural Resource Agency Applications, etc.)
- 10.3. By Country (Value)
- 10.3.1. GCC
- 10.3.1.1. By Device Type
- 10.3.2. South Africa
- 10.3.2.1. By Device Type
- 10.3.3. Rest of the Middle East and Africa
- 11. Latin America Night Vision Devices Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 11.1. By Device Type (Value)
- 11.1.1. Binoculars and Monocular
- 11.1.2. Cameras
- 11.1.3. Glasses
- 11.1.4. Goggles
- 11.1.5. Scopes
- 11.1.5.1. Rifle Scopes
- 11.1.5.2. Handheld Scopes
- 11.2. By Application (Value)
- 11.2.1. Border surveillance
- 11.2.2. Engineering
- 11.2.3. Fire and Rescue
- 11.2.4. Law Enforcement
- 11.2.5. Maritime & Coastal surveillance
- 11.2.6. Medical
- 11.2.7. Security
- 11.2.8. Others (Natural Resource Agency Applications, etc.)
- 11.3. By Country (Value)
- 11.3.1. Brazil
- 11.3.1.1. By Device Type
- 11.3.2. Mexico
- 11.3.2.1. By Device Type
- 11.3.3. Rest of Latin America
- 12. Profiles of Key Players (Would be provided for 10 players only)
- 12.1. Overview
- 12.1.1. Key Management
- 12.1.2. Headquarters etc.
- 12.2. Offerings/Business Segments
- 12.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 12.3.1. Employee Size
- 12.3.2. Past and Current Revenue
- 12.3.3. Geographical Share
- 12.3.4. Business Segment Share
- 12.4. Recent Developments
- 12.4.1. BAE System Plc
- 12.4.2. Leonardo S.p.A.
- 12.4.3. Thales Group
- 12.4.4. Elbit Systems of America, LLC (ELBIT SYSTEMS LTD)
- 12.4.5. FLIR Systems, Inc.
- 12.4.6. Night Vision Devices, Inc.
- 12.4.7. N-Vision Optics, LLC
- 12.4.8. Safran Vectronix AG
- 12.4.9. Adams Industries, Inc.
- 12.4.10. Excelitas Technologies Corp.
- 12.4.11. Opgal Optronic Industries Ltd.
- 12.4.12. Dali Technology Co., Ltd.
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