Night Vision Devices Market (2015-2020)-Global Market Research Report

According to IndustryARC's report on Night Vision Devices Market, the market is estimated to grow to $20.5 billion in 2020 at a CAGR of 7%.

Persone Email, Sanjay Matthews
Luoghi Europa, America del Nord, Apac, Wé, Apac District
Organizzazioni Cutting Edge Technologies, Raytheon Corporation, Exelis Inc., L-3 Warriors System Inc., American Technologies Network Corp, FLIR Systems Inc.
Argomenti commercio, economia, impresa, diritto commerciale

03/feb/2016 13.09.58 IndustryARC Contatta l'autore

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Night Vision devices (NVD) are products which enable a person to have the ability to see in dark or low intensity light. There have been significant developments in the field of electronics and optics that have allowed production of NVDs which help in intensifying the images which are not likely to be seen through naked eyes. 

According to IndustryARC’s report on Night Vision Devices Market, the market is estimated to grow to $20.5 billion in 2020 at a CAGR of 7%. The growing demand for night vision devices in the commercial sector is set to drive the market primarily. The increased technological advancements in areas such as focal plane arrays, image intensifier tubes are also set to propel the usage of night vision devices.

 

Browse 41 Market Tables, 79 Figures spread through 232 Pages and an in-depth TOC on “Night Vision Devices Market”: http://industryarc.com/Report/1286/night-vision-devices-market-analysis.html

MARKET TRENDS & MARKET GROWTH:

The Night Vision Devices Market is propelled by a few Major growth Factors like:

  • The Night Vision Devices Market is exhibiting high growth due to increased adoption in security, surveillance and navigation markets as well as a significant price drop resulting in increased usage in automotive industry.
  • The growing surveillance market is a major cause of the growth overall across regions. The demand for night vision devices for monitoring at high risk areas to improve on-site or on-location safety has led to improved growth in the government and commercial markets.
  • The growing applications in navigation to improve vehicle safety are exhibiting growing adoption.  However the declining military budgets in western countries is set to hinder growth of the Night Vision Devices Market.
  • The increased customer demand for night vision devices in the APAC military segment is set to drive the Night Vision Devices Market.

Regional Analysis:

The growing surveillance market is a major cause of the growth overall across regions. The demand for night vision devices for monitoring at high risk areas to improve on-site or on-location safety has led to improved growth in the government and commercial markets. Americas market was the biggest Night Vision Devices Market in 2014 followed by APAC. The APAC region is poised to grow at a very high CAGR due to growing economy leading to high adoption of night vision devices, particularly in military and governmental segments. The significant growth of the Chinese and Indian markets will drive this segment.

Market Segmentation:

The Night Vision Devices Market is precisely segmented into 4 types by IndustryARC based on various factors like:

  • By Category: Scopes, Goggles, Cameras and Others.
  • By Components: Image Intensifier Tubes, Front Lens, Photo Cathode, Micro Channel Plate, High Voltage Power Supply, Phosphor Screen, Eyepiece and Others.
  • By Application: Military, Hunting, Surveillance, Security, Navigation, Hidden Object Detection, Paranormal Research and Others.
  • By Geography: North America, Europe, Asia-Pacific and ROW

Key Market Players:

The top 5 companies in terms of revenue operating in the Night Vision Devices Market are:

  • FLIR Systems, Inc. (U.S)
  • American Technologies Network Corp. (U.S)
  • L-3 Warriors System, Inc. (U.S)
  • Exelis Inc. (U.S)
  • Raytheon Corporation (U.S)

Request a Sample Brochure @ http://industryarc.com/pdfdownload.php?id=1286

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Media Contact:        

Mr. Sanjay Matthews

Sales Manager                 

Email: sales@industryarc.com

Contact Sales: 1-614-588-8538 (Ext-101)

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