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Weapon Night Sight Market is Projected to Surpass $1.8 Billion by 2031

04-07-2025 02:45 PM CET | Aerospace & Defense

Press release from: Allied Market Research

Weapon Night Sight Market is Projected to Surpass $1.8 Billion

According to a new report published by Allied Market Research, titled, "Weapon Night Sight Market," The weapon night sight market was valued at $1.0 billion in 2021, and is estimated to reach $1.8 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.

North America is expected to dominate the global weapon night sight market. North America is projected to witness an increase in the adoption of weapon night sight by the defense agencies, owing to multiple military modernization and enhancement programs underway in the North America. In January 2019, EOTech, a division of L3Harris Technologies, Inc., signed a $ 26.3 million five-year contract with the US Special Operations Command (USSOCOM), to provide the US military with state-of-the-art holographic sights and optics with G33 clip magnifier.

Download Report (250 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/A17390

Tank utilizes weapon night sights for round-the-clock observation of terrain. In addition, vehicle-mounted weapon night sights are designed for viewing the field of combat in any weather conditions for the purpose of surveillance, detection and classification of stationery and moving targets.

The global weapon night sight market is experiencing growth due to upsurge in military spending, and government initiatives to protect nation from cross border disputes. However, high cost of weapon night sight devices is the factor hampering the growth of the market. Furthermore, defense modernization is the factor expected to offer growth opportunities during the forecast period.

Key Findings Of The Study

By type, the vehicle-mounted weapon night sight segment is anticipated to exhibit significant growth in the near future.
By platform, the ground-based segment is anticipated to exhibit significant growth in the near future.
By technology, the imaging intensifier segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

Interested to Procure the Data with Actionable Strategy & Insights? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/A17390

Key players operating in the global weapon night sight market include BAE Systems Plc

Elbit Systems Ltd

Excelitas Technologies

L3Harris Technologies

Leonardo S.P.A

Optix CO

Raytheon Technologies Corporation

Rheinmetall AG

Rolta India Limited

Teledyne FLIR LLC

Thales Group

Thomasnet

Read More- https://www.alliedmarketresearch.com/press-release/weapon-night-sight-market.html

Other Reports in Aerospace and Defense Industry
Satellite Ground Station Market https://www.alliedmarketresearch.com/satellite-ground-station-market-A107603
Wireless Infrastructure Market https://www.alliedmarketresearch.com/wireless-infrastructure-market-A31876

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.

Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.

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