Night Vision Devices Market Analysis and Market Trends 2015-2020 by IndustryARC

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Night Vision Devices Market Forecast (2015 - 2020)


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Night Vision Devices Market: Type (Night Vision Goggles, Night Vision

Monocular, Night Vision Binocular) Components (Image Intensifier

Tubes, Micro Channel Plates); Application (Military, Security,

Surveillance, Search, Rescue)-Forecast(2015-2020)

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Night Vision Devices (NVD) enable visibility of the objects in dark surroundings or low intensity light areas. The ability to recognize and distinguish targets during poor visibility conditions has been a crucial necessity. Night Vision devices has been very prominent in the field of Military/Defense, the equipment such as Night Vision Goggles, Night Vision Binoculars, Night Vision Scopes provide assistance to the solider during dark. Night Vision Devices have successful application in other sectors such as Security, Surveillance, Search and Rescue, etc.


Night Vision Devices Market Overview



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According to IndustryARC’s Report on Night Vision Devices, the Market is estimated to

grow to $20.5 billion in 2020 at a CAGR of 7%. The growing demand for night vision

devices in the commercial sector is set to drive the market primarily.

The Night Vision Device Market generated revenue of $5.89 billion in the Military

Market in 2014. This market is estimated to grow at a low rate of nearly 2% CAGR

through 2020.

Night Vision Devices Market Estimations


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Market Revenue




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Global Night Vision Devices Market Revenue, By Category, 2014 (%)



FLIR Completed acquisition of Lorex Technology, an online portal for night vision and

other security devices, for $60 Million in 2014.

Night vision cameras and goggles remain the largest markets accounting for nearly

90% of the market combined.

Growing military budgets will propel adoption of night vision devices in the APAC

region, particularly in China and India.

Key Market Insights of Night Vision Devices Market




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By 2017, Hidden object detection will become the largest market for night vision

devices surpassing military applications

Military modernisation programs will continue to present a large market for night

vision devices.

Performance issues with focal shift, color and sensitivity will hinder adoption in the

security market.

Key Market Insights of Night Vision Devices Market




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Night Vision Devices Market is precisely segmented into 4 broad segments based on these

factors:

By Category: Scopes, Goggles, Cameras and Others.

By Components: Image Intensifier Tubes , Front Lens, Photo Cathode, Micro Channel

Plate, High Voltage Power Supply, Phosphor Screen , Eyepiece and Others.

By Application: Military, Hunting, Surveillance, Security, Navigation, Hidden Object

Detection, Paranormal Research and Others

By Geography: Americas, Europe, APAC and ROW.

Night Vision Devices Market Segmentation




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Mentioning the leading competitors of the Night Vision Devices Market which are

studied and mentioned in this report:

FLIR Systems Inc.

Raytheon Group

ATN Corporation

Exelis Inc.

L-3 Warrior Systems.

Key Market Players of Night Vision Devices Market


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1.Granular breakdown of the drivers into factors2. Validating all factors in terms of their present impact on the market. 3. Assigning weights to these factors in terms or their relevance & impact on the market. 4. Build the

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