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Global Night Vision Devices Market: By Type: Goggles, Cameras, Scopes, Others; By Technology: Image Intensifier, Thermal Imaging, Others; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Night Vision Devices Market Outlook
The global night vision devices market size reached a value of USD 8.3 billion in the year 2020. The market is further expected to grow at a CAGR of 7.3% between 2021 and 2026 to reach a value of almost USD 12.7 billion by 2026.
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The report assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants.
Properties and Applications
A night vision device helps in looking in the dark and is used for protection purposes where light intensity is low. These devices are highly optoelectronic equipment that provide multi-spectral imaging, optical guiding, and eye tracking. They are used in navigation, surveillance, and targeting sectors.
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Based on type, the industry is divided into:
- Goggles
- Cameras
- Scopes
- Others
On the basis of technology, the industry is divided into:
- Thermal Imaging
- Image Intensifiers
- Infrared Illumination
On the basis of end use, the industry is bifurcated into:
- Military Segment
- Civil Segment
The EMR report looks into the regional night vision device markets like the North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The adoption of night vision devices by the governments to improve military navigation and their capabilities of targeting and surveillance is driving the global night vision device industry. The increasing terror threat is a significant factor in the growth of the industry. The growing demand for such equipment in high-end commercial vehicles is further fostering the global night vision device industry. Night vision technology is becoming a significant subject for researchers leading to technological advancements in the devices, thus, fuelling the industry growth. The image intensifiers segment is the fastest growing market owing to its high popularity and the significance of the devices.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global night vision devices market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- ATN Corp.
- Elbit Systems of America
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the SWOT model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Market Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Night Vision Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Night Vision Devices Historical Market (2016-2020)
8.3 Global Night Vision Devices Market Forecast (2021-2026)
8.4 Global Night Vision Devices Market by Type
8.4.1 Goggles
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Cameras
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Scopes
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Others
8.5 Global Night Vision Devices Market by Technology
8.5.1 Image Intensifier
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Thermal Imaging
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Infrared Illumination
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.6 Global Night Vision Devices Market by End Use
8.6.1 Military Segment
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Civil Segment
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Night Vision Devices Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Market by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Market by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Market by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Market by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Market by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players’ Market Share
12.3 Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
12.3.1 ATN Corp.
12.3.1.1 Company Overview
12.3.1.2 Product Portfolio
12.3.1.3 Demographic Reach and Achievements
12.3.1.4 Financial Summary
12.3.1.5 Certifications
12.3.2 Elbit Systems of America
12.3.2.1 Company Overview
12.3.2.2 Product Portfolio
12.3.2.3 Demographic Reach and Achievements
12.3.2.4 Financial Summary
12.3.2.5 Certifications
12.3.3 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Night Vision Devices Market: Key Industry Highlights, 2016 and 2026
2. Global Night Vision Devices Historical Market: Breakup by Type (USD Billion), 2016-2020
3. Global Night Vision Devices Market Forecast: Breakup by Type (USD Billion), 2021-2026
4. Global Night Vision Devices Historical Market: Breakup by Technology (USD Billion), 2016-2020
5. Global Night Vision Devices Market Forecast: Breakup by Technology (USD Billion), 2021-2026
6. Global Night Vision Devices Historical Market: Breakup by End Use (USD Billion), 2016-2020
7. Global Night Vision Devices Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8. Global Night Vision Devices Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Night Vision Devices Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Night Vision Devices Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Night Vision Devices Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Night Vision Devices Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Night Vision Devices Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Night Vision Devices Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Night Vision Devices Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Night Vision Devices Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Night Vision Devices Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Night Vision Devices Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Night Vision Devices Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Global Night Vision Devices Market Structure
Key Questions Answered in the Report
In 2020, the global night vision devices market attained a value of USD 8.3 billion.
In the forecast period of 2021-2026, the market is projected to grow at a CAGR of 7.3%.
By 2026, the market is estimated to reach a value of about USD 12.7 billion.
The major drivers of the industry such as rising disposable incomes, growing adoption of the product by the militaries across the globe, and growing terror threat are expected to aid the market growth.
The rising technological advancements in the devices and the integration of the product in commercial vehicles are the major trends driving the market growth.
The major regions in the markets are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Goggles, cameras, and scopes, among others, are the major types of the product.
The leading technologies in the industry are thermal imaging, image intensifiers, and infrared illumination.
Military and civil segments are the most significant end-use segments in the market.
The leading players in the industry are ATN Corp. and Elbit Systems of America, among others.
Analyst Review
The global night vision devices market attained a value of USD 8.3 billion in 2020 driven by the growing defence spending on the development of night vision devices. The growing innovations in the industry and the integration of the product in commercial vehicles, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 7.3%. The market is projected to reach USD 12.7 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on types, the industry can be divided into goggles, cameras, and scopes, among others. On the basis of technology, the industry is segmented into thermal imaging, image intensifiers, and infrared illumination. Military and civil segments are the major end-use segments in the industry. The major regional markets for night vision devices are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above industry include ATN Corp. and Elbit Systems of America, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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