According to KD Market Insights the report provides a detailed and extensive analysis on global Night Vision Device Market 2025 that can be used to obtain a thorough understanding of the Night Vision Device industry, including the latest developments in the studied market. The report mainly studies the market size of Night Vision Device products/services, recent trends and status of growth, as well as investment opportunities, market dynamics (such as growth drivers, restraints), and industry news updates (such as mergers, acquisitions, and investments). The efficiency of the product/service will be further optimized by technical advancement and development, making it more broadly used in downstream applications.
The report includes the impact of the COVID-19 outbreak and offers an in-depth overview of the market shifts due to pandemic, as well as a precise assessment of the studied market growth outlook.
Over the past years, the evolution in technology has increased at an alarming rate. Developments in electronics and optics have made it possible to design and develop optoelectronic devices which can intensify images. Further, government organization is focusing on their existing weapons and devices in order to enhance targeting, navigation, and surveillance capabilities of the military. Moreover, increased spending by governments on night vision devices to fulfill the demand for night patrolling, border protection, and counteractions, the global night vision device market is projected to witness significant growth over the forecast period i.e., 2019 to 2025. Also, the rising demand for automotive night vision devices for use in commercial vehicles is anticipated to bolster the growth of global night vision devices market over the upcoming years.
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The night vision device product market is segmented into camera, scope, goggles (bi-ocular and monocular) and others. Among this segment, camera segment is expected to grow at a considerable CAGR over the forecast period i.e. 2019-2025. Further, it was followed by goggles segment in terms of market share in 2019.
By technology, the market is divided into image intensifiers, thermal imaging, and infrared illumination, out of which, thermal imaging segment is expected to register a higher revenue share in the global night vision device market over the forecast period.
Moreover, based on application, the night vision device market is further sub-segmented into military & defense, navigation, surveillance & security, targeting and others. Among this segment, military & defense segment has acquired lion market share and is expected to grow at a significant CAGR over the upcoming years.
- Based on Geography, the global Night Vision Device market is segmented into:
– North America (U.S. & Canada)
– Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
– Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
– Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
– Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Aim of the study:
The study provides a detailed competitive landscape along with comprehensive analysis of product line, product innovation, technological development, business models, market share and size of global Night Vision Device Market. The report covers a study of recent industry trends, including product releases, mergers, acquisitions, alliances, joint ventures and collaborations. The study provides a futuristic understanding of business scenario for the 2020-2025 forecast period.
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Leading players of Night Vision Device Market are as follows:
– Thales Group
– L3 Technologies, Inc.
– Harris Group Inc.
– FLIR® Systems, Inc.
– Bae Systems Plc
– American Technologies Network Corp.
– Collins Aerospace
– Elbit Systems Ltd.
– Bharat Electronics Limited (BEL)
– Others Key Players
The Following are the Key Features of global Night Vision Device Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Porter’s Five Forces Analysis & Trade Analysis
- Market Forecast Analysis for 2020-2025
- Market Segments by Geographies and Countries
- Market Segment Trend and Forecast
- Market Analysis and Recommendations
- Price Analysis
- Key Market Driving Factors
- Night Vision Device Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Key Questions Answered
- What is the impact of Covid-19 on Global Night Vision Device Market and strategies for recovery?
- What are the new trends influencing the growth of Night Vision Device market?
- How will revenue generation affect key players’ decision-making?
- What are the major growth approaches used by players in the global Night Vision Device Market?
- Which product holds the maximum share in relation to the current trends on the basis of the product type?
- What are the regional tactics used for marketing their presence in a specific region by industry participants?
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