Night Vision Devices Market Forecast (2015 - 2020)
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Night Vision Devices Market Forecast (2015 - 2020)
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Night Vision Devices Market: Type (Night Vision Goggles, Night Vision
Monocular, Night Vision Binocular) Components (Image Intensifier Tubes, Micro Channel Plates); Application (Military, Security, Surveillance, Search, Rescue)-Forecast(2015-2020)
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Night Vision Devices Market Forecast (2015 - 2020)
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Night Vision Devices Market Overview Night Vision Devices (NVD) enable visibility of the objects in dark surroundings or low intensity light areas. The ability to recognize and distinguish targets during poor visibility conditions has been a crucial necessity. Night Vision devices has been very prominent in the field of Military/Defense, the equipment such as Night Vision Goggles, Night Vision Binoculars, Night Vision Scopes provide assistance to the solider during dark. Night Vision Devices have successful application in other sectors such as Security, Surveillance, Search and Rescue, etc.
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Night Vision Devices Market Forecast (2015 - 2020)
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Night Vision Devices Market Estimations According to IndustryARC’s Report on Night Vision Devices, 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 Night Vision Device Market generated revenue of $5.89 billion in the Military Market in 2014. This market is estimated to grow at a low rate of nearly 2% CAGR through 2020.
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Global Night Vision Devices Market Revenue, By Category, 2014 (%)
Night Vision Devices Market Forecast (2015 - 2020)
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Market Revenue
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Night Vision Devices Market Forecast (2015 - 2020)
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Key Market Insights of Night Vision Devices Market FLIR Completed acquisition of Lorex Technology, an online portal for night vision and other security devices, for $60 Million in 2014. Night vision cameras and goggles remain the largest markets accounting for nearly 90% of the market combined. Growing military budgets will propel adoption of night vision devices in the APAC region, particularly in China and India.
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Night Vision Devices Market Forecast (2015 - 2020)
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Key Market Insights of Night Vision Devices Market By 2017, Hidden object detection will become the largest market for night vision devices surpassing military applications Military modernisation programs will continue to present a large market for night vision devices. Performance issues with focal shift, color and sensitivity will hinder adoption in the security market.
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Night Vision Devices Market Forecast (2015 - 2020)
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Night Vision Devices Market Segmentation Night Vision Devices Market is precisely segmented into 4 broad segments based on these factors: 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: Americas, Europe, APAC and ROW.
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Night Vision Devices Market Forecast (2015 - 2020)
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Key Market Players of Night Vision Devices Market Mentioning the leading competitors of the Night Vision Devices Market which are studied and mentioned in this report: FLIR Systems Inc. Raytheon Group ATN Corporation Exelis Inc. L-3 Warrior Systems.
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