Press release
Night Vision Device Market to Reach USD 9.5 Billion by 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/2813/night-vision-device-market.html#form
Market Statistics
• Market size (2024): USD 7.5 billion
• Forecast value: USD 9.5 billion by 2030
• CAGR: 3.8% (2025-2030)
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 4
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Product Type: Night Vision Goggle, Weapon Night Sight, Handheld Thermal Imager
By Technology Type: Image Intensification Technology, Thermal Technology, Fusion Technology
By Platform Type: Ground-based Platform, Air-based Platform, Naval-based Platform
By Region: North America, Europe, Asia-Pacific, Rest of the World
Segment Analysis
For product type, night vision goggles are the dominant segment, accounting for the largest share due to their widespread deployment among ground troops in low-light operations where enhanced situational awareness is essential. Goggles are versatile and often issued to individual soldiers across missions, encouraging suppliers to focus on innovation and production of higher-performance goggle systems.
In technology type, thermal technology is the dominant and fastest-growing segment as it provides superior performance in absolute darkness and can penetrate fog, smoke, and adverse weather conditions, making it indispensable for military and surveillance operations. The preference for thermal-based night vision solutions motivates manufacturers to enhance thermal imaging capabilities and invest in related R&D.
By platform type, the ground-based platform dominates as the primary segment because these devices are extensively used by dismounted soldiers and special forces where ground operations often occur in low-light environments, driving consistent demand for night vision equipment tailored to ground deployment scenarios.
Regional Insights
North America is the dominant region in the night vision device market, supported by significant defense spending, well-established defense contractors, and advanced research in night vision technologies. The presence of major players and strong government procurement programs sustain high regional demand and strategic local investments.
Asia-Pacific is the fastest-growing region as defense budgets rise across key countries, and military modernization initiatives increase procurement of advanced night vision capabilities. Growing geopolitical tensions and expanding border security requirements further stimulate regional market adoption and create opportunities for suppliers and strategic investors.
Market Drivers
• Increasing military modernization programs requiring enhanced nighttime operational capabilities.
• Rising defense expenditure to procure advanced night vision technologies.
• Persistent geopolitical tensions and border conflicts demanding improved surveillance equipment.
• Demand for thermal and fusion technologies for all-weather night vision performance.
• Expansion of special operations and counterterrorism activities requiring advanced vision systems.
Competitive Landscape
Top Companies in the Market
• L3Harris Technologies, Inc.
• BAE Systems plc
• Thales Group
• Elbit Systems Ltd.
• Raytheon Technologies Corporation
• Leonardo DRS
• Teledyne FLIR LLC
• Rheinmetall AG
• Excelitas Technologies Corp.
• ASELSAN
FAQs
1. What will the night vision device market value be in 2030?
The market is expected to reach USD 9.5 billion by 2030.
2. What CAGR is forecasted for the night vision device market from 2025 to 2030?
The market is expected to grow at a CAGR of 3.8% during 2025-2030.
3. Which product type holds the largest share in the night vision device market?
Night vision goggles currently account for the largest share among product types.
4. Which technology segment is expanding fastest in the night vision device market?
Thermal technology is the fastest-growing and dominant technology type due to its performance advantages.
5. Which region offers the most growth opportunities for night vision device suppliers?
Asia-Pacific is expected to be the fastest-growing region due to rising defense expenditure and military modernization.
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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