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Global Weapon Night Sight Market Share, Growth, Trends, Analysis, Forecast: By Product Type: Gun-Mounted, Vehicle-Mounted; By Platform: Ground-Based, Air-Based, Sea-Based; By Technology: Thermal Imaging, Imaging Intensifier, Others; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Weapon Night Sight Market Outllook
The global weapon night sight market size reached a value of approximately USD 8.56 billion in 2023. The market is further expected to grow at a CAGR of 8.3% between 2024 and 2032, reaching a value of USD 17.54 billion by 2032.
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Key Trends in the Market
Weapon night sight refers to devices that are used with weaponry to enable imaging and viewing during night-time and under poor lighting conditions. These devices offer a significant operational edge in modern warfare aiding dismounted soldiers, snipers, and marksmen. Such devices are easily mounted on various small arms and weapons.
- The key weapon night sight market trends include rising acts of terrorism and border conflicts across several regions around the globe. Such factors are anticipated to increase the production and deployment of weapon night sights for military professionals over the forecast period.
- Increasing investments by various governments to update military equipment is another crucial trend aiding the growth of the market. Weapon night sight devices aid in accurately detecting the target during night-time or under poor lighting conditions which in turn enable the proper execution of military operations.
- Provision of clearer images by these technologically advanced devices is another key trend contributing towards weapon night sight market growth. Advanced imaging and viewing devices enable military personnel to get an effective view of the field and detect enemy vehicles and dismounted soldiers, among other aspects.
Global Weapon Night Sight Market Analysis
On the basis of product type, the market is bifurcated into gun-mounted, and vehicle-mounted. Based on platform, the market is segmented into ground-based, air-based, and sea-based. On the basis of technology, the market is classified into thermal imaging, and imaging intensifier, among others. Based on region, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global weapon night sight market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- L3Harris Technologies, Inc.
- BAE Systems Plc
- Thales Group
- Elbit Systems Ltd.
- Raytheon Technologies Corporation
- Excelitas Technologies Corp.
- Leonardo DRS, Inc.
- Rheinmetall AG
- Teledyne FLIR LLC
- Rolta India Limited
- Others
Global Weapon Night Sight Market Share by Platform
On the basis of platform, ground-based holds a sizable share of the market for weapon night sight due to increasing land-based border disputes and rising incidences of civil conflicts. Weapon night sights also aid dismounted soldiers to improve visibility so as to enhance their night firing capabilities in various ground-based combat missions. Various initiatives for modernising military have been undertaken by various governments around the globe, these include remote weapon stations, and procurement of devices to enhance surveillance and navigation, among others. This in turn is anticipated to boost the demand for weapon night sights over the forecast period.
Global Weapon Night Sight Market Share by Region
The Asia Pacific accounts for a growing share of the weapon night sight market owing to extensive investments by the various governments in the region to improve military and defence capabilities. Increasing conflicts and acts of terrorism are propelling the demand for weapon night sights as these devices aid in enhancing the viewing capabilities during harsh atmospheric conditions as well as night. Applications such as tracking, navigation, and surveillance, are carried out efficiently with the aid of weapon night sight devices.
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Competitive Landscape
L3Harris Technologies, Inc. is an aerospace and defence company that was founded in 2019 and is based in Florida, United States. Their expertise lies in wireless equipment, avionic and electronic systems, tactical radios, and night vision equipment, among others.
BAE Systems Plc is a defence and space manufacturing company that was founded in 1999 and is headquartered in Farnborough, United Kingdom. They are one of the largest defence contractors across the globe with major market bases in Australia, Oman, Saudi Arabia, Turkey, Sweden, India, Qatar, and Japan, among others.
Thales Group is an IT services and consulting company that was founded in 2000 and is based in Paris, France. The group regularly invests in deep tech and digital innovations such as artificial intelligence, big data, quantum technology, cybersecurity, and connectivity to build a better future.
Other market players include Elbit Systems Ltd., Raytheon Technologies Corporation, Excelitas Technologies Corp., Leonardo DRS, Inc., Rheinmetall AG, Teledyne FLIR LLC, and Rolta India Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Platform |
|
| Breakup by Technology |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Weapon Night Sight Market Analysis
8.1 Key Industry Highlights
8.2 Global Weapon Night Sight Historical Market (2018-2023)
8.3 Global Weapon Night Sight Market Forecast (2024-2032)
8.4 Global Weapon Night Sight Market by Product Type
8.4.1 Gun-Mounted
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Vehicle-Mounted
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Weapon Night Sight Market by Platform
8.5.1 Ground-Based
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Air-Based
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Sea-Based
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.6 Global Weapon Night Sight Market by Technology
8.6.1 Thermal Imaging
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Imaging Intensifier
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Others
8.7 Global Weapon Night Sight Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2023)
8.7.1.3 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2023)
8.7.2.3 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2023)
8.7.3.3 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2023)
8.7.4.3 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2023)
8.7.5.3 Forecast Trend (2024-2032)
9 North America Weapon Night Sight Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Weapon Night Sight Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Weapon Night Sight Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Weapon Night Sight Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Weapon Night Sight Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 L3Harris Technologies, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 BAE Systems Plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Thales Group
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Elbit Systems Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Raytheon Technologies Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Excelitas Technologies Corp.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Leonardo DRS, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Rheinmetall AG
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Teledyne FLIR LLC
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Rolta India Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Weapon Night Sight Market: Key Industry Highlights, 2018 and 2032
2. Global Weapon Night Sight Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Weapon Night Sight Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Weapon Night Sight Historical Market: Breakup by Platform (USD Million), 2018-2023
5. Global Weapon Night Sight Market Forecast: Breakup by Platform (USD Million), 2024-2032
6. Global Weapon Night Sight Historical Market: Breakup by Technology (USD Million), 2018-2023
7. Global Weapon Night Sight Market Forecast: Breakup by Technology (USD Million), 2024-2032
8. Global Weapon Night Sight Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Weapon Night Sight Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Weapon Night Sight Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Weapon Night Sight Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Weapon Night Sight Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Weapon Night Sight Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Weapon Night Sight Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Weapon Night Sight Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Weapon Night Sight Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Weapon Night Sight Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Weapon Night Sight Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Weapon Night Sight Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Weapon Night Sight Market Structure
Key Questions Answered in the Report
The market for weapon night sight reached a value of approximately USD 8.56 billion in 2023.
The market for weapon night sight is expected to grow at a CAGR of 8.3% between 2024 and 2032.
The market for weapon night sight is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 17.54 billion by 2032.
The major market drivers include growing requirement of energy efficient light sources for military operations and increasing investments by various governments to update military equipment.
The key trends fuelling the growth of the market include rising acts of terrorism and border conflicts, increasing investments towards research and development activities by key players in the market, and technological advancements.
The primary product types of weapon night sight in the market are gun-mounted, and vehicle-mounted.
The significant technologies of weapon night sight in the market include thermal imaging, and imaging intensifier, among others.
The key players in the global weapon night sight market are L3Harris Technologies, Inc., BAE Systems Plc, Thales Group, Elbit Systems Ltd., Raytheon Technologies Corporation, Excelitas Technologies Corp., Leonardo DRS, Inc., Rheinmetall AG, Teledyne FLIR LLC, and Rolta India Limited, among others.
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