Pulished Date August, 2019
ID: 8695
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Night Vision Devices Market - By Device Type (Camera, Scope, Goggle), By Technology (Thermal Imaging, Image Intensifier Infrared Illumination), By Application (Military, Surveillance, Security, Hunting, Navigation, Hidden Object Detection, Paranormal Research, and Others), By Region ((North America (U.S., Canada), Europe (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of EU), Asia Pacific (India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC), Latin America (Brazil, Mexico, Argentina, Chile), Middle East and Africa (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA)) - Global Industry Size, Share, Growth, Demand, Strategy, Investment & Forecast Report | 2019 - 2024

Pulished: August, 2019
ID: 8695
Pages: 175

Global Night Vision Devices Market Size, Trends & Forecast (2019 - 2024)

As per the research report, the Night-vision devices market is a fast-growing market that is majorly driven by the number of advantages that’s are being offered by the night vision devices. The Night vision devices market is anticipated to grow at a CAGR of about 7.0% during the forecast period of 2019 - 2024.

Product Description

Night Vision Devices are the optoelectronic devices that enable the ability to see in dark or in low-intensity lights. The technology used is to detect the low-intensity lights like ultraviolet, infrared, X-rays and gamma rays, and amplifying them to provide a clear image in the dark. The devices are used prominently in the military and defense sectors. Different components such as image intensifier tubes, photocathode, lens, and many more are used in the Night Vision Devices.

Report Description

Night Vision Devices Market is expected to grow with a CAGR of 7.0 % owing to its increased demand majorly in increasing security concerns and defense spending.

Drivers & Restraints

The major factors driving the growth of the Night Vision Devices market are the advantages offered by the devices, along with the availability of a large number of products. Moreover, new technological developments and advancements offer improved performance, improvised designs, and lower costs, which have further enhanced the growth prospects of the global night vision devices market. Apart from this, increased defense spending and security concerns are the other factors that are facilitating the market growth.

Major Challenges

Although there is a number of advantages of the products, the global night vision devices market also faces some challenges. The expensive devices, coupled with their limitations, are the major hindrances for these devices among the consumers. Strict government rules and regulations for the usage and exports of these devices further hinder the market growth. Intense competition is one of the major challenges faced by the market.

Report INFO

Report Metric

Details

Market Size Available

2018 – 2024

Base Year

2018

Forecast Period

2019 - 2024

Segments Covered

By Type, Technology, Application & Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

ABB Ltd, Siemens AG, Schneider Electric SE, Siemens AG, Harris Corporation, L3 Technologies, Flir Systems, Kuka AG, Emerson Electronic Co, Fanuc Corporation, and American Technologies Network Corp

 

 

This research report includes the segmentation of the Night Vision Devices Market with an updated forecast report until 2024.

Night Vision Devices Market - By Type

  • Camera
  •  Scope
  • Goggle

Based on the Type, Night vision devices are segmented into different categories based on the type in which goggles are valued high, followed by the cameras. They have a market share of $7,940 and $7,547 in the year 2017 and are expected to grow with a CAGR of 6.3% and 7.4% respectively from the year 2018 to 2023.

Night Vision Devices Market - By Application

  • Military
  •  Surveillance
  •  Security
  •  Hunting
  •  Navigation
  • Hidden Object Detection
  •  Paranormal Research

Based on its application, Among the mentioned applications, the Military Operations is calculated to be the application with the fastest growth rate in the forecast period. Technological advancements and increased Terrorist activities across the globe are considered to be the reason for its rapid growth in the Night Vision Devices market as governments are currently trying to strengthen military operations. This segment is currently leading the Night Vision Devices market and is anticipated to lead the market during the forecast period.

Night Vision Devices Market - By Technology

  • Image Intensifiers
  • Infrared Illumination
  • Thermal Imaging

Based on technology, image intensifiers are the largest segment, followed by thermal imaging and infrared illumination.

Night Vision Devices Market - By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Based on the geography, North America is leading the global Night Vision Devices market both in terms of value and volume. The situation of manufacturing centers of significant market leaders is the leading cause of North America’s dominance over the night vision devices market. The high potential in the Asia Pacific region for future opportunities caused due to fast industrialization, growing security concerns, and increased demand for military equipment mainly in countries like India, Japan, and China.

Night Vision Devices Market Key Market Players Profiled in the report:

The major players like ABB Ltd, Siemens AG, Schneider Electric SE, Siemens AG, Harris Corporation, L3 Technologies, Flir Systems, Kuka AG, Emerson Electronic Co, Fanuc Corporation, and American Technologies Network Corp. are the leading shareholders of the Night Vision Devices Market. There is a constant competition between these companies regarding the pricing and quality of the product. They are currently focused on providing expansion strategies to improve their market value and position.

Night Vision Devices Market Research Report Key Highlights:

  • The evaluation of the current product and services market and the future implications of the market.
  • Address the matter by better understanding the market through size estimates and CAGR analysis to forecast the future market.
  • More extensive segmentation to better understand the dynamics of the market at a minimal level by dividing the market into smaller segments.
  • Address the key market challenges, drivers, and restraints to provide insights for gaining market share.
  • Porter’s Five Forces are used to analyze the factors responsible for the shaping of the industry as it is as a result of the competitive environment.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Camera     

                                5.1.3 Scope        

                                5.1.4 Goggles    

                                5.1.5  Y-o-Y Growth Analysis, By Product              

                                5.1.6  Market Attractiveness Analysis, By Product            

                                5.1.7  Market Share Analysis, By Product              

                5.2 Technology                 

                                5.2.1 Introduction           

                                5.2.2 Thermal Imaging   

                                5.2.3 Image Intensifiers

                                5.2.4 Infrared Illumination           

                                5.2.5 Y-o-Y Growth Analysis, By Type     

                                5.2.6 Market Attractiveness Analysis, By Type   

                                5.2.7 Market Share Analysis, By Type     

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Military     

                                5.3.3 Surveillance            

                                5.3.4 Security    

                                5.3.5 Hunting    

                                5.3.6 Other Applications               

                                5.3.7 Y-o-Y Growth Analysis, By Application         

                                5.3.8  Market Attractiveness Analysis, By Application      

                                5.3.9  Market Share Analysis, By Application       

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Technology

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Technology

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Technology

                                                6.1.5.4 By Application

                6.2 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 ABB Ltd.                       

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Siemens AG               

                8.3 Harris Corporation                   

                8.4 L3Technologies                         

                8.5 Flir Sysytems                              

                8.6 Kuka AG                       

                8.7 Emerson Electronic Co                           

                8.8 Fanuc Corporation                   

                8.9 Schneider Electric SE                               

                8.10 American Technologies Network Corp.                        

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Component, By Application, and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Night Vision Devices Market By Region, From 2018-2023 ( USD Billion )
  2. Global Night Vision Devices Market By Type, From 2018-2023 ( USD Billion )
  3. Global Camera Market By Region, From 2018-2023 ( USD Billion )
  4. Global Scope Market By Region, From 2018-2023 ( USD Billion )
  5. Global Goggles Market By Region, From 2018-2023 ( USD Billion )
  6. Global Night Vision Devices Market By Technology, From 2018-2023 ( USD Billion )
  7. Global Thermal Imaging Market By Region, From 2018-2023 ( USD Billion )
  8. Global Image Intensifiers Market By Region, From 2018-2023 ( USD Billion )
  9. Global Infrared Illumination Market By Region, From 2018-2023 ( USD Billion )
  10. Global Night Vision Devices Market By Application, From 2018-2023 ( USD Billion )
  11. Global Military Market By Region, From 2018-2023 ( USD Billion )
  12. Global Surveillance Market By Region, From 2018-2023 ( USD Billion )
  13. Global Security Market By Region, From 2018-2023 ( USD Billion )
  14. Global Hunting Market By Region, From 2018-2023 ( USD Billion )
  15. Global Navigation Market By Region, From 2018-2023 ( USD Billion )
  16. Global Hidden Object Detection Market By Region, From 2018-2023 ( USD Billion )
  17. Global Paranormal Research Market By Region, From 2018-2023 ( USD Billion )
  18. Global Others Market By Region, From 2018-2023 ( USD Billion )

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