Night Vision Device Market - Forecasts from 2017 to 2022

Night Vision Device market is expected to grow at a CAGR of 7.11% to reach a total market size of US$7.081 billion by 2022, from US$5.023 billion in 2017.

The growing adoption of night vision devices for various applications due to its cost effectiveness is bolstering the demand for these devices. Rising number of terrorist attacks worldwide is further fueling the need for night vision devices by the military and defence sector.

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The other additional factor contributing to the market growth is a burgeoning need for tracking animal activities in wildlife sanctuaries.

By Product

By product, night vision goggles segment will dominate the global night vision device market throughout the forecast period owing to increasing demand from military and defence sector.

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Night vision goggles are small and lightweight which makes them a better choice for a range of applications. Moreover, factors such as low cost and lesser power requirement are also augmenting the demand for night vision goggles over the forecast period.

By Geography

Geographically, North America held the largest share of global night vision device market in 2016 and will remain at its position till 2022 owing to the presence of a large number of key players, along with the early adoption of technology in the region.

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APAC will also witness a significant regional market growth owing to the rising adoption of night vision devices for navigation and security applications.

Competitive Insights

Prominent key market players in Night Vision Device market include Thales Group, L3 Communications, BAE Systems, FLIR Systems, and ATN Corporation among others. Market players are adopting growth strategies like new product launches, M&A and partnerships to expand their product portfolio and gain a larger market share.

In 2016, Harris Corporation launched F5032 lightweight night vision binocular that eliminates the need to change static lenses for personal or mission specific requirements and reduces eye fatigue.

Segmentation

In this report, Night Vision Device market is segmented by technology, product, application, and geography as below:

By Technology
Thermal Imaging
Infrared Illumination
Image Intensification
By Product
Camera
Goggle
Scope
By Application
Navigation
Security and Surveillance
Others
By Geography
Americas
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Others
The Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
Japan
China
India
Australia
Others

Table of Content:

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s Five Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. Night Vision Device Market Forecast by Technology (US$ Billion)
5.1. Thermal Imaging
5.1.1. Market Size and Forecast to 2022
5.2. Infrared Illumination
5.2.1. Market Size and Forecast to 2022
5.3. Image Intensification
5.3.1. Market Size and Forecast to 2022
6. Night Vision Device Market Forecast by Product (US$ Billion)
6.1. Goggle
6.1.1. Market Size and Forecast to 2022
6.2. Camera
6.2.1. Market Size and Forecast to 2022
6.3. Scope
6.3.1. Market Size and Forecast to 2022
7. Night Vision Device Market Forecast by Application (US$ Billion)
7.1. Navigation
7.1.1. Market Size and Forecast to 2022
7.2. Security and Surveillance
7.2.1. Market Size and Forecast to 2022
7.3. Others
7.3.1. Market Size and Forecast to 2022
8. Night Vision Device Market Forecast by Geography (US$ Billion)
8.1. Americas
8.1.1. North America
8.1.1.1. U.S.
8.1.1.1.1. Market Size and Forecast to 2022
8.1.1.2. Canada
8.1.1.2.1. Market Size and Forecast to 2022
8.1.1.3. Mexico
8.1.1.3.1. Market Size and Forecast to 2022
8.1.1.4. Others
8.1.1.4.1. Market Size and Forecast to 2022
8.1.2. South America
8.1.2.1. Brazil
8.1.2.1.1. Market Size and Forecast to 2022
8.1.2.2. Argentina
8.1.2.2.1. Market Size and Forecast to 2022
8.1.2.3. Others
8.1.2.3.1. Market Size and Forecast to 2022
8.2. Europe Middle East and Africa
8.2.1. Europe
8.2.1.1. UK
8.2.1.1.1. Market Size and Forecast to 2022
8.2.1.2. Germany
8.2.1.2.1. Market Size and Forecast to 2022
8.2.1.3. France
8.2.1.3.1. Market Size and Forecast to 2022
8.2.1.4. Others
8.2.1.4.1. Market Size and Forecast to 2022
8.2.2. The Middle East and Africa
8.2.2.1. Saudi Arabia
8.2.2.1.1. Market Size and Forecast to 2022
8.2.2.2. UAE
8.2.2.2.1. Market Size and Forecast to 2022
8.2.2.3. Israel
8.2.2.3.1. Market Size and Forecast to 2022
8.2.2.4. Others
8.2.2.4.1. Market Size and Forecast to 2022
8.3. Asia Pacific
8.3.1. Japan
8.3.1.1. Market Size and Forecast to 2022
8.3.2. China
8.3.2.1. Market Size and Forecast to 2022
8.3.3. India
8.3.3.1. Market Size and Forecast to 2022
8.3.4. Australia
8.3.4.1. Market Size and Forecast to 2022
8.3.5. Others
8.3.5.1. Market Size and Forecast to 2022
9. Competitive Intelligence
9.1. Market Share Analysis
9.2. Investment Analysis
9.3. Recent Deals
9.4. Strategies of Key Players
10. Company Profiles
10.1. Thales Group
10.1.1. Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. BAE Systems
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. L3 Technologies
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. FLIR Systems
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. ATN Corporation
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Elbit Systems
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. Armasight
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. Harris Corporation
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. Rockwell Collins
10.9.1. Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. OPTIX Co.
10.10.1. Overview
10.10.2. Financials
10.10.3. Products and Services
10.10.4. Recent Developments
10.11. Meopta
10.11.1. Overview
10.11.2. Financials
10.11.3. Products and Services
10.11.4. Recent Developments
List of Tables
List of Figures

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