Global Night Vision Devices Market 2019-2023

Below are some of the key findings from this night vision devices market analysis report:

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Global night vision devices industry overview

The increased application in military operations is driving the global night vision devices market. There is a global increase in terrorist activities across which has prompted several governments to strengthen military operations. Night vision devices help to enhance surveillance, navigation, and targeting capabilities.

The application of sensor fusion technology is a key trend in the global night vision devices market. Sensor fusion technology incorporated in night vision devices helps to provide more accurate estimations. These devices are very useful for military, security, and law enforcement personnel, which will augment market growth. Thus, the increased applications in military operations coupled with the incorporation of sensor fusion technology will drive the night vision devices market growth at a CAGR of more than 6% during the forecast period.

Top night vision devices companies covered in this report

The global night vision devices market is highly concentrated. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this night vision devices market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading night vision devices companies, including:

• American Technologies Network
• FLIR Systems
• Harris
• L3 Technologies
• Raytheon

Night vision devices market segmentation based on application

• Military
• Civil

The largest application segment of the global night vision devices market in 2018 was military, owing to the increasing need for national security and to safeguard citizens from the threat of terrorist attacks. The market share of this segment will increase further, and it will continue to dominate the market throughout the next five years.

Night vision devices market segmentation based on region

• The Americas
• APAC
• EMEA

The Americas accounted for the largest night vision devices market share in 2018, due to the extensive requirement of such equipment by the military and during the warfare activities. This region will witness a small decrease in its market share but will remain the market leader for the next five years.

Key highlights of the global night vision devices market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the night vision devices market during the next five years
• Precise estimation of the global night vision devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the night vision devices industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of night vision devices companies

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