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.
The Global Military Night Vision Device market projected to witness a CAGR of around 9% from 2018 to 2024.
The key players in global military night vision device market are FLIR Systems (U.S.), Elbit Systems Ltd. (Israel), L3 Technologies Inc. (U.S.), Rockwell Collins Inc. (U.S.), Thales Group (France), BAE Systems (U.K.), American Technologies Network Corp. (U.S.), Harris Corporation (U.S.), Bharat Electronics Limited (India), Meopta – optika, s.r.o. (Czech Republic), and Newcon Optik (Canada).
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Report Overview
The report covers the latest trends in the market to provide the most accurate forecasts and predictions. By correlating the historical data with key market dynamics, our analysts are able to make highly accurate projections. MRFR’s report includes a thorough analysis of the global military night vision device market segmented on the basis of device type, technology, application, and region with astute insights. The report has been prepared to assist players in the aerospace and defense industry in making the right investment decisions to attain higher returns. Users will also come across drivers, opportunities, and restraints which are likely to influence the growth of the market during the assessment period.
The scope of the Report
This study provides an overview of the Global Military Night Vision Device Market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for America, Europe, Asia Pacific (APAC), Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Military Night Vision Device market by its fuel type, vehicle type, and region.
By Device Type
- Camera
- Scope
- Goggle
By Technology
- Image Intensifier
- Thermal Imaging
- Infrared Illumination
By Application
- Surveillance
- Navigation
- Targeting
- Others
By Region
- America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
Geographic Overview
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.
Research Methodology
At MRFR, data analysts conduct a thorough objective analysis of the market when creating market research reports by engaging carefully developed set of standards which allow a truly comprehensive view of the market and its various components. Use of primary research strategies such as interviews with top level decision makers of various leading companies in the relevant market combined with secondary research provides a thorough analysis of present and historical trends in a forward looking manner. Additionally, market size estimation and validation uses both top-down & bottom-up approaches to obtain data from the demand and supply-side. Credible resources are employed to help data analysts to understand nuances of market factors with consistency. Competent data analysts use strong analytical tools to ascertain accurate analysis of very relevant parameter in an effort to provide clients with a conclusive and dependable view of the future.
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Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodolog
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
Continued…….
List of Tables
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global Military Night Vision Device Market, by Device Type, 2017-2024 (Usd Million)
Table 4 Goggle: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million)
Table 5 Camera: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million)
Table 6 Scope: Military Night Vision Device Market, by Region, 2017-2024 (Usd Million)
Table 7 Global Military Night Vision Device Market, by Technology, 2017-2024 (Usd Million)
Continued……..
List of Figures
Figure 1 Global Military Night Vision Device Market: Market Structure
Figure 2 Key Takeaways From Military Night Vision Device Market
Figure 3 Key Buying Criteria of Military Night Vision Device
Figure 4 Research Process of Mrfr
Figure 5 Top-down & Bottom-up Approach
Figure 6 Droc Analysis of Global Military Night Vision Device Market
Figure 7 Number of Terrorism-related Incidents (1970 – 2015)
Continued…..
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