Image Intensifier (I2) Tube Market is Forecasted to Reach USD 0.7 Billion in 2028, Says Stratview Research

The global Image Intensifier (I2) Tube Market is projected to witness a growth rate of 4.4% annually from 2023 to 2028, with an anticipated size of USD 0.7 billion in 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Image Intensifier (I2) Tube Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/2860/image-intensifier-tube-market.html#form

Report Highlights: `
Market Size in 2028: USD 0.7 billion
Growth (CAGR): 4.4% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Image Intensifier (I2) Tube Market:
The global Image Intensifier (I2) Tube Market is segmented by product type, generation type, phosphor screen type, platform type and region

Based on product type: The market is bifurcated into weapon night sight and night vision goggles. The night vision goggles segment holds the dominant market share and is further broken down into helmet-mounted displays and handheld goggles with the sole aim of providing a panoramic view of the industry.
These goggles are used in large volumes as they are deployed across every armed troop that is engaged in a military operation. They enable personnel to see through dark or no-light environments and are also capable of penetrating through mist, fog, rain, and smoke. As a result, night vision goggles witness the highest demand generation across the globe.

Based on generation type: The market is segmented into generation I-III and generation IV I2 tubes. Currently, all night vision devices have generation I-III I2 tubes. Generation IV I2 tubes are under R&D and are expected to enter the market in 2028. Among the available I2 tubes, the generation III I2 tubes provide the finest, brightest, and clearest pictures with high reliability and optimal low-light performance. Therefore, at present, generation I-III I2 tubes dominate the market.

Based on phosphor screen type: The market is classified as green phosphor screen and white phosphor screen. The green phosphor screen accounts for the dominant share currently as it is a popular choice, especially for military applications, due to its wider visible spectrum.
Whereas the white phosphor screen results in less eye fatigue and allows faster recognition as compared to the green phosphor screen. Therefore, it is estimated that they will eventually replace the green phosphor screen in the years to come.

Based on platform type: The market is segmented into ground-based, air-based, and naval-based platforms. Among these platform types, the ground-based platform is likely to remain the major demand generator for I2 tubes in the coming years as these tubes are mostly fit in the night vision devices that are generally used by dismounted soldiers for several ground-based operations.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/2860/image-intensifier-tube-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is likely to remain dominant with the share of more than 40% in the I2 tubes market over the forecast period. This growth outlook is majorly attributed to the following-
• The region accounts for global military expenditure and is home to some of the market-leading companies such as L3Harris Technologies, Inc. and Elbit Systems of America, LLC, among others.
• These companies are also among the market leaders in night vision devices and are trusted contractors for the production of I2 tubes for the US DoD.

Similarly, the Asia-Pacific region is expected to witness the fastest market growth during the forecast period. The major factor responsible for the rapid regional growth, apart from the swift rise in overall military expenses, is the increasing penetration of regional market players such as Bharat Electronics Limited (BEL) and TAK Technologies Private Limited, among others.

Image Intensifier (I2) Tube Market Drivers:
The growth of the Image Intensifier (I2) Tube Market is driven by several factors.
• The market for I2 tubes is primarily influenced by rising border disputes, the growing threat of terrorism, and increasing political stalemates across the globe.
• Therefore, there have been several investments directed to the I2 tubes by the defense authorities in recent years, which has substantially influenced the market dynamics.

Top 10 Companies in the Image Intensifier (I2) Tube Market:
Stratview Research has identified the following companies as the top market players:
• ASELSAN A.
• Elbit Systems Ltd.
• L3Harris Technologies, Inc.
• PHOTONIS
• Teledyne FLIR LLC

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Image Intensifier (I2) Tube Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Night Vision Goggle Market: https://www.stratviewresearch.com/2814/night-vision-goggle-market.html
• Weapon Night Sight Market : https://www.stratviewresearch.com/2840/weapon-night-sight-market.html

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This release was published on openPR.