Global Night Vision Devices Market 2023-2027

Global Night Vision Devices Market 2023-2027

The night vision devices market is forecasted to grow by USD 2.88 bn during 2022-2027, accelerating at a CAGR of 8.47% during the forecast period. The report on the night vision devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased applications in military operations, adoption of thermal imaging technology for controlling fire accidents, and improvements in design.

Technavio's night vision devices market is segmented as below:

By Application

Military
Civil

By Product

Night vision goggles
Night vision cameras
Night vision scopes
Others

By Geography

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the application of sensor fusion technology as one of the prime reasons driving the night vision devices market growth during the next few years. Also, usage in paranormal investigations and increase in military expenditure will lead to sizable demand in the market.

The report on the night vision devices market covers the following areas:

Night vision devices market sizing
Night vision devices market forecast
Night vision devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading night vision devices market vendors that include American Technologies Network Corp., ASELSAN AS, BAE Systems Plc, Elbit Systems Ltd., Excelitas Technologies Corp., Intevac Inc., L3Harris Technologies Inc., Leonardo Spa, Meopta Optica S.R.O, N Vision Optics LLC, Newcon International Ltd., Night Vision Devices Inc., Safran SA, SATIR Europe Ireland Co. Ltd., Sharp Corp., TAK Technologies Pvt. Ltd., Teledyne Technologies Inc., Thales Group, Vista Outdoor Inc., and Luna Optics Inc.. Also, the night vision devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.