Press release
Night Vision Devices Market Demand Analysis, Growth Rate, Top Brands and Forecast 2022-2027
Night Vision Devices Market
Night vision devices (NVDs) are optoelectronic instruments designed to monitor objects in low light conditions. Generally consisting of cameras, scopes, and goggles, they are used in hunting, security, navigation, military, wildlife observation, and surveillance applications. NVDs are manufactured using an objective lens, image intensifier tube (IIT) screen, eyepieces, and power sources. These components assist in amplifying the gamma, infrared, and ultraviolet (UV) light to produce an accurate and user-friendly image in a dark environment. NVDs are cost-effective and offer high resolution and low-light sensitivity, due to which they are extensively used in aerial vehicles, ground defense, and marine containers.
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Competitive Landscape:
• FLIR Systems, Inc.
• L3Harris Technologies, Inc.
• Elbit Systems of America, LLC
• American Technologies Network Corporation
Global Market Trends:
The widespread product utilization in defense and military sectors across the globe is one of the key factors driving the market growth. NVDs are widely used to navigate, observe, detect, and target intruders and trespassers. In line with this, the rising terrorist threats and unlawful activities have mandated safety and security screening at airports, railway stations, stadiums, border checkpoints, and other public areas, which is favoring the market growth.
Additionally, the launch of drones enabled with night vision cameras to identify locations with huge public gatherings and monitor social distancing standards during the COVID-19 pandemic is acting as another growth-inducing factor. Apart from this, the integration of near-infrared technology in NVDs to aim at the target with greater accuracy and track motions in darkness is providing an impetus to the market growth. Besides this, the development of innovative product variants with enhanced designs, widespread product adoption by wildlife biologists and photographers, extensive research and development (R&D) activities, and the implementation of various government initiatives to upgrade weapons and devices to enhance the navigation, surveillance, and targeting capabilities are anticipated to drive the market toward growth.
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Key Market Segmentation:
Breakup by Device:
• Goggles
• Cameras
• Scopes
• Others
Breakup by Technology:
• Image Intensifier
• Thermal Imaging
• Infrared Illumination
Breakup by End User:
• Military Segment
• Civil Segment
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other
Key Highlights of the Report:
• Market Performance 2016-2021
• Market Outlook 2022-2027
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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