Market Dynamics of Night Vision Devices Market 2015-2020

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Night Vision Devices Market Forecast (2015 - 2020)
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Night Vision Devices Market Forecast (2015 - 2020)
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 Market Forecast (2015 - 2020)
Night Vision Devices Market Overview
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.
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Night Vision Devices Market Forecast (2015 - 2020)
Night Vision Devices Market Estimations

• According to IndustryARCs 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.

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Night Vision Devices Market Forecast (2015 - 2020)
Global Night Vision Devices Market Revenue, By
Category, 2014 ()
Market Revenue
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Night Vision Devices Market Forecast (2015 - 2020)
Key Market Insights of Night Vision Devices
Market

• 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.

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Night Vision Devices Market Forecast (2015 - 2020)
Key Market Insights of Night Vision Devices
Market

• 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.

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Night Vision Devices Market Forecast (2015 - 2020)
Night Vision Devices Market Segmentation

• 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.

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Night Vision Devices Market Forecast (2015 - 2020)
Key Market Players of Night Vision Devices Market

• 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.

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