Night Vision Devices Market
Night Vision Devices Market Size, Share & Trends Analysis Report Market by Device (Camera, Goggles, Monoculars & Binoculars, Others), by Technology (Image intensifier, Thermal imaging, Infrared illumination), Application(Paranormal search, Security & Surveillance, Hunting and wildlife observation, navigation, Hidden object detection, Others)Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Night Vision Devices is anticipated to grow at a considerable CAGR of 8.38% during the forecast period. A night vision device (NVD) is an optoelectronic device that allows users to see images in low light levels. They are also known as night optical/observation devices (NOD) and night vision goggles (NVG). There are many drivers for the market but the increase in military and defense expenditure is leading to the boom of the market. Governments around the world are increasing their spending on military and defense equipment, including night vision devices. This is due to several factors, including the rise of terrorism, the growing threat of climate change, and the increasing tensions between major powers. One of the examples of this is the US military. The US military has one of the largest expenditures on defense. For instance, the US has invested more than $44.5 billion in security assistance to demonstrate our enduring and steadfast commitment to Ukraine’s sovereignty and territorial integrity. The investment made by the US is for supporting Ukraine in the war against Russia.
With every driver comes restraints that prevent many countries from investing in the market. One restraint is the most concerning and that is the high cost. Night vision devices are complex and advanced which in turn makes these devices very costly. Night vision devices are subject to several regulatory restrictions in many countries. These restrictions can limit the sale and use of night vision devices, and they can also increase the cost of night vision devices.
Segmental Outlook
The global Night Vision Devices market is segmented based on Device, Technology, and Application type. Based on Device, the market is segmented into cameras, goggles, monoculars & binoculars, and others (rifle scope). Based on Technology, the market is sub-segmented into image intensifier, thermal imaging, and infrared illumination. Based on Application, the market is sub-segmented into paranormal search, security & surveillance, hunting and wildlife observation, navigation, hidden object detection, and others (rescue operations).
The night vision goggle segment showed a major market share for the Night Vision Devices market
The goggles segment holds the largest market share in the night vision devices market. There are many reasons why the goggle segment has and is capturing the major market share. Goggles provide a hands-free viewing experience, which is important for military and law enforcement personnel who need to be able to use their hands for other tasks. Goggles offer a wider field of view than other types of night vision devices, such as monoculars and binoculars. This is important for situational awareness and target acquisition. Goggles can be equipped with a variety of features, such as thermal imaging, image intensification, and digital zoom. This makes them versatile and suitable for a wide range of applications. Military personnel use night vision goggles to navigate in low-light or no-light conditions, conduct surveillance operations, and engage targets.
Regional outlooks
The global Night Vision Devices market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). Among these, North America has the biggest market share and is expected to continue to dominate the market. This is because the US government has the biggest expenditure on their defense. The country invests about 25% in defense. One more reason for this dominance in the entire world is the rapid advancement in technology for defense and the application of those advanced technologies in the defense sector.
Global Night Vision Devices Market Growth, by Region 2023-2030
Asia-Pacific growing as the fastest market
The Asia-Pacific region is growing at a rapid pace in occupying the market share and this is due to many reasons. The Asia Pacific region is home to some of the world's fastest-growing economies, and many of these countries are increasing their military and defense spending. This is due to several factors, including the growing tensions between China and the United States, the rise of terrorism in the region, and the increasing border disputes between countries. The security industry in the Asia Pacific region is also growing rapidly. This is due to several factors, including the increasing urbanization and crime rates in many parts of the region, the growing threat of terrorism, and the increasing number of high-profile sporting events and other events that need to be secured. Researchers and companies in the Asia Pacific region are developing new and innovative night vision technologies. This is making night vision devices more affordable, easier to use, and less subject to regulatory restrictions. Night vision devices are being used in a wider range of applications in the Asia Pacific region. For example, night vision devices are being used in agriculture, construction, and transportation.
Market Players Outlook
The major companies serving the global Night Vision Devices market include American Technologies Network Corp., Elbit Systems Ltd., L3Harris Technologies, Inc., Teledyne FLIR LLC, and THALES among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in September 2023 Teledyne FLIR, part of Teledyne Technologies launched two additional mid-wave infrared (MWIR) imaging solutions for integrators developing ground-based intelligence, surveillance, and reconnaissance (ISR) systems.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Night Vision Devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. American Technologies Network Corp.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Elbit Systems Ltd.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. L3Harris Technologies, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Teledyne FLIR LLC
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. THALES
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Night Vision Devices Market by Device
4.1.1. Camera
4.1.2. Goggles
4.1.3. Monoculars & Binoculars
4.1.4. Others (Rifle Scope)
4.2. Global Night Vision Devices Market by Technology
4.2.1. Image Intensifier
4.2.2. Thermal Imaging
4.2.3. Infrared Illumination
4.3. Global Night Vision Devices Market by Application
4.3.1. Paranormal Search
4.3.2. Security & Surveillance
4.3.3. Hunting and Wildlife Observation
4.3.4. Navigation
4.3.5. Hidden Object Detection
4.3.6. Others (Rescue Operations)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ASELSAN A.?.
6.2. BAE Systems plc
6.3. Excelitas Technologies Corp.
6.4. Intevac, Inc.
6.5. Leonardo S.p.A.
6.6. Luna Optics, Inc.
6.7. Meopta - optika, s.r.o.
6.8. Newcon Optik
6.9. Night Vision Guys LLC
6.10. Night Vision Inc.
6.11. Photonis France SAS
6.12. RTX Corp. (Collins Aerospace)
6.13. Safran Grp.
6.14. SATIR Europe
6.15. Shanghai Woyao Instrument Co., Ltd. (Apresys)
6.16. Sharp Grp.
6.17. Sightmark
6.18. Teledyne Technologies Inc.
6.19. Vista Outdoor Inc. (Bushnell)
6.20. Yukon Advanced Optics Worldwide
1. GLOBAL NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE, 2023-2030 ($ MILLION)
2. GLOBAL NIGHT VISION CAMERA DEVICES MARKET RESEARCH AND ANALYSIS BY REGION,2023-2030 ($ MILLION)
3. GLOBAL NIGHT VISION GOGGLES DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
4. GLOBAL NIGHT VISION MONOCULARS & BINOCULARS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
5. GLOBAL NIGHT VISION OTHERS DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
6. GLOBAL NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2030 ($ MILLION)
7. GLOBAL IMAGE INTENSIFIER IN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
8. GLOBAL THERMAL IMAGING IN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
9. GLOBAL INFRARED ILLUMINATION IN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
10. GLOBAL NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2030 ($ MILLION)
11. GLOBAL NIGHT VISION DEVICES FOR PARANORMAL SEARCH MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
12. GLOBAL NIGHT VISION DEVICES FOR SECURITY AND SURVEILLANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
13. GLOBAL NIGHT VISION DEVICES FOR HUNTING AND WILDLIFE OBSERVATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
14. GLOBAL NIGHT VISION DEVICES FOR NAVIGATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
15. GLOBAL NIGHT VISION DEVICES FOR HIDDEN OBJECT DETECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
16. GLOBAL NIGHT VISION DEVICES FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
17. GLOBAL NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2030 ($ MILLION)
18. NORTH AMERICAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2030 ($ MILLION)
19. NORTH AMERICAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE, 2023-2030 ($ MILLION)
20. NORTH AMERICAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2030 ($ MILLION)
21. NORTH AMERICAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2030 ($ MILLION)
22. EUROPEAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2030 ($ MILLION)
23. EUROPEAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE, 2023-2030 ($ MILLION)
24. EUROPEAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2030 ($ MILLION)
25. EUROPEAN NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2030 ($ MILLION)
26. ASIA- PACIFIC NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2030 ($ MILLION)
27. ASIA- PACIFIC NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE, 2023-2030 ($ MILLION)
28. ASIA- PACIFIC NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2030 ($ MILLION)
29. ASIA- PACIFIC NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2030 ($ MILLION)
30. REST OF THE WORLD NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2030 ($ MILLION)
31. REST OF THE WORLD NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY DEVICE, 2023-2030 ($ MILLION)
32. REST OF THE WORLD NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2030 ($ MILLION)
33. REST OF THE WORLD NIGHT VISION DEVICES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2030 ($ MILLION)
1. GLOBAL NIGHT VISION DEVICES MARKET SHARE BY DEVICE, 2023 VS 2030 (%)
2. GLOBAL NIGHT VISION CAMERA DEVICES MARKET SHARE BY REGION, 2023 VS 2030 (%)
3. GLOBAL NIGHT VISION GOGGLES DEVICES MARKET SHARE BY REGION, 2023 VS 2030 (%)
4. GLOBAL NIGHT VISION MONOCULARS & BINOCULARS DEVICES MARKET SHARE BY REGION, 2023 VS. 2030 (%)
5. GLOBAL NIGHT VISION OTHERS DEVICES MARKET SHARE BY REGION, 2023 VS 2030 (%)
6. GLOBAL NIGHT VISION DEVICES MARKET SHARE BY TECHNOLOGY, 2023 VS 2030 (%)
7. GLOBAL IMAGE INTENSIFIER IN NIGHT VISION DEVICES MARKET SHARE BY REGION, 2023 VS 2030 (%)
8. GLOBAL THERMAL IMAGING IN NIGHT VISION DEVICES MARKET SHARE BY REGION, 2023 VS 2030 (%)
9. GLOBAL INFRARED ILLUMINATION IN NIGHT VISION MARKET SHARE BY REGION, 2023 VS 2030 (%)
10. GLOBAL NIGHT VISION DEVICES MARKET SHARE ANALYSIS BY APPLICATION, 2023-2030 ($ MILLION)
11. GLOBAL NIGHT VISION DEVICES FOR PARANORMAL SEARCH MARKET SHARE BY REGION, 2023 VS 2030 (%)
12. GLOBAL NIGHT VISION DEVICES FOR SECURITY AND SURVEILLANCE MARKET SHARE BY REGION, 2023 VS 2030 (%)
13. GLOBAL NIGHT VISION DEVICES FOR HUNTING AND WILDLIFE OBSERVATION MARKET SHARE BY REGION, 2023 VS 2030 (%)
14. GLOBAL NIGHT VISION DEVICES FOR NAVIGATION MARKET SHARE BY REGION, 2023 VS 2030 (%)
15. GLOBAL NIGHT VISION DEVICES FOR HIDDEN OBJECT DETECTION MARKET SHARE BY REGION, 2023 VS 2030 (%)
16. GLOBAL NIGHT VISION DEVICES FOR OTHERS MARKET SHARE BY REGION, 2023 VS 2030 (%)
17. GLOBAL NIGHT VISION DEVICES MARKET SHARE BY REGION, 2023 VS 2030 (%)
18. US NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
19. CANADA NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
20. UK NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
21. FRANCE NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
22. GERMANY NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
23. ITALY NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
24. SPAIN NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
25. REST OF EUROPE NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
26. INDIA NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
27. CHINA NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
28. JAPAN NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
29. SOUTH KOREA NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
30. REST OF ASIA-PACIFIC NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
31. REST OF THE WORLD NIGHT VISION DEVICES MARKET SIZE, 2023-2030 ($ MILLION)
