Global Low light night vision Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Low light night vision Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

The low-light night vision device refers to the use of natural night sky lights such as weak moonlight, starlight, atmospheric glow, and Milky Way light at night as illumination, and with the help of a light intensifier, the weak photons reflected back from the target are amplified and converted into visible images to achieve Instruments for night observation. The important part of the low-light night vision device is the light image intensifier.

Market Overview:

The latest research study on the global Low light night vision market finds that the global Low light night vision market reached a value of USD 640.32 million in 2023. It’s expected that the market will achieve USD 974.13 million by 2029, exhibiting a CAGR of 7.24% during the forecast period.

Rapid growth in demand in emerging civil fields

At present, there is a large gap between the actual demand and the potential demand of the domestic night vision equipment market every year. The main reason for this difference is the higher cost and selling price of night vision equipment. In the future, with the price reduction of night vision equipment products and the improvement of cost performance, the market penetration rate will further increase in the future, especially in the consumer field that is more sensitive to prices.

In the international market, with the rapid development of emerging economies, night vision equipment has become an important consumer market in the civilian field. Night vision equipment can be used in emerging economies such as outdoor sports and the Internet of Things, and has a wide demand; in the domestic market, with the adjustment of my country's economic structure and continuous economic growth, low-light night vision equipment will play a greater role in the modernization process The role of the armed police criminal investigation, fire rescue and other fields.

Domestic substitution becomes the mainstream

In the past, the research on some materials, sensors, and readout circuit technology of low-light night vision devices was mainly carried out in domestic universities and other research institutions, but domestic batch supply has not been possible. Since 2014, domestic night vision equipment has been widely used in domestic civil and national defense fields, and has become the main force to replace imported products, laying the foundation for the rapid development of the night vision equipment industry.

The application of night vision equipment in the field of national defense has been rapidly improved. The applications of night vision equipment in national defense are mainly scopes, night vision helmets, handheld night vision equipment, vehicle night vision equipment, photoelectric pods and weapon systems. Night vision equipment products are gradually accelerating their application in the field of defense because of their high cost performance, small size, light weight, low power consumption, and ease of use and maintenance. Moreover, with the introduction of all domestic night vision equipment products with advantages such as high performance, low power consumption, and small size, as well as the development and application of manufacturing technology, the cost of night vision equipment has dropped significantly, which will also promote the use of advanced night vision equipment in national defense. The rapid improvement of field applications.

Region Overview:

North America had the highest growth rate of all regions.
In 2022, the share of the Low light night vision market in North America stood at 50.16%.

Company Overview:

Photonis Defense is one of the major players in the low light night vision market with a share of 20.72% in 2023.

L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology service provider that manufactures C6ISR systems and products, wireless devices, tactical radios, avionics and electronic systems, night vision equipment, and commercial sector.

Elbit Systems Ltd. is an Israel-based international defense electronics company working on various projects around the world. The company includes Elbit Systems and its subsidiaries with businesses in aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance (C4ISR), unmanned aerial systems (UAS), advanced electro-optical systems and other fields. Electro-optical space systems, electronic warfare suites, signals intelligence (SIGINT) systems, data link and communication systems, and radios. The company also focuses on upgrading existing military platforms, developing new technologies for defense, homeland security and commercial aviation applications, and providing a range of support services, including training and simulation systems.

Segmentation Overview:

The Monocular low-light night vision segment by type showed a value growth of 0.23% in 2022.

Among different product types, Binocular low light level night vision segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Armed police criminal investigation segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Low light night vision market covered in Chapter 3:

Newcon Optik
ATN
Pyser Optics
L3Harris Technologies
NVD
N-Vision Optics
Bharat Electronics
Shenzhen Dongdi photoelectric Co., LTD
EOTECH
Photonis Defense
Elbit Systems
North Night Vision Technology Co., LTD
Shenzhen Rongzhe photoelectric technology development Co., LTD
Meopta-optika, s.r.o.

In Chapter 4 and Chapter 14.2, on the basis of types, the Low light night vision market from 2019 to 2030 is primarily split into:

Monocular low-light night vision device
Binocular low-light night vision device

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Low light night vision market from 2019 to 2030 covers:

Military application
Armed Police Criminal Investigation
Fire rescue
Outdoor sports
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)