Military Night Vision Device Market Overview
A military night vision device is a highly advanced optical instrument that can produce images in light levels that are close to utter darkness. An image intensifier tube, water-resistant housing, mounting mechanism, illuminators, and telescopic lenses are all included in night vision equipment. The increasing need for modern armies to operate at night and in low-light settings has resulted in significant advancements in night vision gadget technology. The most important piece of equipment for a soldier during a fight is a night vision device. As a result, a large amount of money has been spent on night vision gadget research and development. The global Military Night Vision Device market is expected to rise at a considerable rate in the forthcoming period.
The military night vision equipment market is likely to be driven by rising demand for ongoing technological innovation to remain the most advanced combat force. Increasing armed conflicts in various parts of the world are driving up demand for night vision gadgets used in military applications. The global night vision device market is predicted to rise significantly over the forecast period, owing to increased government spending on equipment to support patrolling and war activities. The primary drivers driving the growth of the worldwide military night vision market are an increase in terrorist attacks and a focus on counter-terrorism, as well as an increase in border trespassing and a focus on border protection.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Device Type, Technology, Application, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | TAmerican Technologies Network Corp., Collins Aerospace, Meopta Optica S.R.O, L3 Technologies Inc., Harris Corporation, FLIR Systems, Inc., BAE Systems plc, Bharat Electronics Limited, Thales Group, Elbit Systems Ltd. |
Covid-19 Impact on Military Night Vision Device Market
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Military Night Vision Device Market Segment Overview
Based on Device Type, the Camera segment is expected to hold the maximum share of the Military Night Vision Device market during the forecast period. According to Technology, the Image Intensifier segment is anticipated to grow with the highest CAGR during the forecast period. By application, the Surveillance segment is projected to grow at the highest rate during the forecast period. Moreover, the use of thermal imaging into night vision systems is proven to be a game-changer. Furthermore, night vision equipment is becoming significantly less expensive, and they are being purchased by the general public for a range of purposes ranging from hunting to paranormal inquiry. These factors also contribute to the market's growth.
Military Night Vision Device Market, By Device Type
· Goggle
· Camera
· Scope
Military Night Vision Device Market, By Technology
· Image Intensifier
· Thermal Imaging
· Infrared Illumination
Military Night Vision Device Market, By Application
· Surveillance
· Navigation
· Targeting
· Others
Military Night Vision Device Market Regional Overview
In terms of region, North America held the largest share in the global Military Night Vision Device market. The region has witnessed widespread military expenditure and technological advancements, and therefore, generates a very high demand for military night vision devices. Additionally, the U.S. military is adopting advanced technologies and investing in research and development in military night vision devices. Moreover, Europe is projected to witness substantial growth in the military night vision device market on account of growing military and defense expenditure in the Europe region for the incorporation of upgraded technology in the defense sector. Likewise, the market in the Asia Pacific is expected to grow at a significant rate in the forthcoming years.
Military Night Vision Device Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Military Night Vision Device Market Competitor overview
Some key developments and strategies adopted by manufacturers in Military Night Vision Device are highlighted below.
· In October 2021, Intevac has received a five-year, $16 million contract from the U.S. Army to continue manufacturing cameras for Apache military attack helicopters.
Military Night Vision Device Market, Key Players
· American Technologies Network Corp.
· Collins Aerospace
· Meopta Optica S.R.O
· L3 Technologies Inc.
· Harris Corporation
· FLIR Systems, Inc.
· BAE Systems plc
· Bharat Electronics Limited
· Thales Group
· Elbit Systems Ltd.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Military Night Vision Device market?
An increase in terrorist attacks and a focus on counter-terrorism, increased government spending on equipment to support patrolling and war activities are some key factors that boost the growth of the Military Night Vision Device market.
Q2. Which Segments are covered in the Military Night Vision Device market report?
Device Type, Technology, Application, and Region, these segments are covered in the Military Night Vision Device market report.
Q3. Which segment is projected to hold the largest share in the Military Night Vision Device Market. ?
The camera segment is projected to hold the largest share in the Military Night Vision Device Market.
Q4. Which region holds the largest share in the Military Night Vision Device market?
North America held the largest share in the global Military Night Vision Device market.
Q5. Which are the prominent players in the Military Night Vision Device Market?
American Technologies Network Corp., Collins Aerospace, Meopta Optica S.R.O, L3 Technologies Inc., Harris Corporation, FLIR Systems, Inc., BAE Systems plc, Bharat Electronics Limited, Thales Group, Elbit Systems Ltd. are some key players in the Military Night Vision Device Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Military Night Vision Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Device Type
- 5.2.1. Goggle
- 5.2.2. Camera
- 5.2.3. Scope
- 5.3. Market Analysis, Insights and Forecast – By Technology
- 5.3.1. Image Intensifier
- 5.3.2. Thermal Imaging
- 5.3.3. Infrared Illumination
- 5.4. Market Analysis, Insights and Forecast – By Application
- 5.4.1. Surveillance
- 5.4.2. Navigation
- 5.4.3. Targeting
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Military Night Vision Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Device Type
- 6.2.1. Goggle
- 6.2.2. Camera
- 6.2.3. Scope
- 6.3. Market Analysis, Insights and Forecast – By Technology
- 6.3.1. Image Intensifier
- 6.3.2. Thermal Imaging
- 6.3.3. Infrared Illumination
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Surveillance
- 6.4.2. Navigation
- 6.4.3. Targeting
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Military Night Vision Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Device Type
- 7.2.1. Goggle
- 7.2.2. Camera
- 7.2.3. Scope
- 7.3. Market Analysis, Insights and Forecast – By Technology
- 7.3.1. Image Intensifier
- 7.3.2. Thermal Imaging
- 7.3.3. Infrared Illumination
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Surveillance
- 7.4.2. Navigation
- 7.4.3. Targeting
- 7.4.4. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Military Night Vision Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Device Type
- 8.2.1. Goggle
- 8.2.2. Camera
- 8.2.3. Scope
- 8.3. Market Analysis, Insights and Forecast – By Technology
- 8.3.1. Image Intensifier
- 8.3.2. Thermal Imaging
- 8.3.3. Infrared Illumination
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Surveillance
- 8.4.2. Navigation
- 8.4.3. Targeting
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Military Night Vision Device Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Device Type
- 9.2.1. Goggle
- 9.2.2. Camera
- 9.2.3. Scope
- 9.3. Market Analysis, Insights and Forecast – By Technology
- 9.3.1. Image Intensifier
- 9.3.2. Thermal Imaging
- 9.3.3. Infrared Illumination
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Surveillance
- 9.4.2. Navigation
- 9.4.3. Targeting
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. American Technologies Network Corp.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Collins Aerospace
- 10.6. Meopta Optica S.R.O
- 10.7. L3 Technologies Inc.
- 10.8. Harris Corporation
- 10.9. FLIR Systems, Inc.
- 10.10. BAE Systems plc
- 10.11. Bharat Electronics Limited
- 10.12. Thales Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
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Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
