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Night Vision Device Market 2022 Key Challenges, Operations And Future Forecast 2030

Market Highlights

 The global night vision device market size is expected to reach USD 10.05 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.1% during the forecast period. Increasing popularity of night vision devices for civil applications such as construction sites, camping, firefighting, and monitoring has notably benefitted the market in the past few years. In addition, increased use of advanced technologies such as imaging intensifier and thermal imaging in security and surveillance devices has stimulated the market growth in commercial sector.

Night vision devices are extensively used by military and paramilitary forces to locate enemy targets during night operations. In the civil sector, night vision device are often used by police forces and surveillance bodies. Also, large enterprises are increasingly installing mounted cameras enabled with night vision features to monitor their facilities.

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From the national security point of view, activities such as border infiltration, breach of security, and illegal border trade have increased due to an alarming rise in terrorism across the globe. In such scenarios, night vision devices can help law enforcement personnel in detecting camouflaged humans in darkness, haze, or smoke. As a result, the adoption of night vision devices such as scopes and goggles is rising across the security forces.

Demand for night vision devices is expected to be on the rise over the over the forecast period owing to high usage by the defense forces. High-tech night vision devices result in great accuracy during combat and rescue missions. In addition, a high number of robberies occur during nights as compared to daytime. For instance, in U.S., the rate of robberies occurring at night has doubled in the past ten years. Therefore, law enforcement authorities have to be well equipped with spy gear to address a casualty at any moment, necessitating the use of night vision devices.

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Segmentation:

Night Vision Device Type Outlook (Revenue, USD Million, 2014 – 2025)

·         Camera

·         Goggles

·         Scope

·         Others

Night Vision Device Technology Outlook (Revenue, USD Million, 2014 – 2025)

·         Image Intensifier

·         Thermal Imaging

·         Others

Night Vision Device Application Outlook (Revenue, USD Million, 2014 – 2025)

·         Defense

·         Wildlife Spotting

·         Wildlife Conservation

·         Surveillance

·         Navigation

·         Others

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About Us:

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world’s renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.

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