The global Night Vision Devices Market is anticipated to grow at a considerable CAGR of 8.38% during the forecast period. The key driver for the increase in the market of night vision devices is the increasing demand from the security industry. Bank of America has installed night vision cameras at all of its branches. The cameras are used to monitor the branches for suspicious activity, both inside and outside. The installation of night vision cameras is a sign of the increasing demand from the security industry for night vision devices. Night vision devices can help security guards detect and deter criminals, even in low-light or no-light conditions.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/night-vision-devices-market
Australian security companies are investing heavily in night vision devices. The increasing investment in night vision devices is being driven by several factors, including the growing threat of terrorism, the rising crime rate, and the increasing number of high-profile events that need to be secured. Australia invested about $173 million in new night vision systems. According to a report of the defbrief of December 2020, the Australian defense ministry awarded Missions Systems Australia a $173 million contract for the development and delivery of helmet-mounted fused night vision systems for the defense forces.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Device
o By Technology
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape includes American Technologies Network Corp., Elbit Systems Ltd., L3Harris Technologies, Inc., Teledyne FLIR LLC, and THALES among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Night Vision Devices Market Report Segment
By Device
By Technology
By Application
Global Night Vision Devices Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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