Military Night Vision Device Market 2018-2023 | Competitive Landscape By FLIR, Elbit, L3, Rockwell Collins, Thales, BAE, ATN, Harris, Meopta, Newcon Optik

Global Military Night Vision Device Market by Device Type (Goggle, Camera, Scope), Technology (Image Intensifier, Thermal Imaging, Infrared Illumination), Application (Surveillance, Navigation, Targeting, and Others) and Region – Global Forecast to 2024

Thales Group, BAE Systems, L3 Technologies, Rockwell Collins, and Harris Corporation are the leading players and together accounted for more than 70% of the market share in 2017. These companies continue to retain their strong global presence through expansion, merger & acquisition, and new product developments.

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Market Highlights:

Military night vision device is designed for the purpose of detecting objects in the dark using different types of technologies, such as image intensifier, thermal imaging, and infrared illumination. These optoelectronic devices tend to extend the perception of the human eye by making high resolution images. The increased need for the emergence of night devices with thermal imaging, development of lightweight military night vision devices, and wireless technology associated with night vision goggles will enable manufacturers to improve the quality of military night vision devices. The factors driving the growth of the global military night vision device market are the growing concern for national security, cheaper devices when compared to thermal imaging devices, and rising adoption of military night vision device by military and defense sector. However, the shortcoming in the military night vision device market includes the diminished procurement of night vision devices due to budgets cut and high initial cost.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. In the North American region, there is a presence of a large number of manufacturers and tier-1 suppliers. In the Asia Pacific region, the constant upgrades in technology as well as increase in the use of military night vision devices for civil and commercial applications will boost the growth of the market. The market for military night vision device is estimated to grow at 9% CAGR during the forecast period. There has been continuous evolution in the night vision technology, such as the latest generation 3 military night vision device uses a photocathode that comprises gallium arsenide, which helps improve image resolution.

Segmentation:

The global military night vision device market can be segmented by device type, technology, and application.

By device type, the market is segmented into goggle, camera, and scope. Goggles accounted for the largest market share, and during the forecast period, it can register the fastest CAGR as well. The U.S. is currently developing night visions that can be linked with a number of weapon sights wirelessly.

Technology-wise, image intensifiers are the market flag-bearers and can also set the highest CAGR owing to its ability to transform low-intensity light into a wide light spectrum.

Application-based segmentation has surveillance dominating the market. To protect the people from growing threats of terrorism, governments are spending on surveillance systems to imbue situational awareness amongst soldiers.

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Major TOC :

1 Executive Summary$ 1,350.00

2 Market Introduction$ 0.00
2.1 Definition 20
2.2 Scope Of The Study 20
2.3 List Of Assumptions 20
2.4 Market Structure 21
2.5 Key Takeaways 21
2.6 Key Buying Criteria 22

3 Research Methodology$ 0.00
3.1 Research Process 24
3.2 Primary Research 24
3.3 Secondary Research 25
3.4 Market Size Estimation 26
3.5 Forecast Model 27

Continued......

List of Tables$

Table 1 Market Synopsis 18
Table 2 List of Assumptions 20
Table 3 Global Military Night Vision Device Market, by Device Type, 2017-2024 (Usd Million) 37
Table 4 Goggle: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million) 38
Table 5 Camera: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million) 39
Table 6 Scope: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million) 40
Table 7 Global Military Night Vision Device Market, by Technology, 2017-2024 (Usd Million) 42
Table 8 Image Intensifier: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million) 43

Continued......

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