Night vision devices refer to optoelectronic devices which source, detect and amplify light such as infrared, ultraviolet, gamma and X-rays to provide a clear image in dark surroundings. The image is usually produced in shades of green as it presents an accurate and user-friendly picture to the wearer. These devices are used for navigation, surveillance and targeting. In addition, law enforcement and security agencies use both thermal-imaging and image-enhancement technology for surveillance. Hunters and nature enthusiasts use night vision devices to manoeuvre through the woods at night. For civilian purpose, night vision devices are used in security cameras around residential spaces, camping site, and in search and rescue missions. According to the latest report by IMARC Group, titled “Night Vision Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global Night Vision Devices market reached a value of US$ 7.4 Billion in 2018.
The major factors driving the growth of the market are the numerous advantages offered by night vision devices along with the availability of a large range of products. Moreover, recent technological advancements offering enhanced performance, improved design, convenience and lower costs have further improved the growth prospects of the night vision devices market globally. Apart from this, an upsurge in defence spending and increasing security concerns are some of the other factors facilitating market growth.
Despite the presence of a number of driving forces, the global night vision devices market faces some challenges as well. The high cost of these devices coupled with their limitations are the major hindrances for the adoption of these devices among the consumers. Strict government regulations regarding the usage and exports of these devices further impede the market growth. Intense competition represents another major challenge faced by the market.
Overall, we expect the growth of the global night vision devices market to remain stable during 2019-2024, exhibiting a CAGR of 7.4% and reaching a value of US$ 11.6 Billion by 2024.
Market Summary:
- Based on the device type, the market has been segmented as goggles, cameras, scopes and others. Currently, goggles dominate the market, holding the largest market share.
- On the basis of technology, image intensifiers represent the largest segment, followed by thermal imaging and infrared illumination.
- Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Amongst these, North America is the leading market, accounting for the majority of the market share.
- Based on the end-user, the market has been segmented as the military segment and civil segment. Currently, the military segment dominates the market, accounting for the largest market share.
- The competitive landscape of the market has also been examined with some of the key players being FLIR Systems, Harris Corporation, L3 Technologies, American Technologies Network Corp. and Elbit Systems.
This report provides a deep insight into the global night vision devices market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the night vision devices market in any manner.
Key Questions Answered in This Report:
- How has the global night vision devices market performed so far and how will it perform in the coming years?
- What are the key regions in the global night vision devices market?
- Which are the popular product types in the global night vision devices market?
- What are the key technology segments in the global night vision devices market?
- Who are the major end-users in the global night vision devices market?
- What are the margins in the night vision devices market?
- What are the various stages in the value chain of the night vision devices market?
- What are the key driving factors and challenges in the global night vision devices market?
- What is the structure of the global night vision devices market and who are the key players?
- What is the degree of competition in the global night vision devices market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Night Vision Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Device
5.4 Market Breakup by Technology
5.5 Market Breakup by End User
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
5.11 Price Analysis
5.11.1 Key Price Indicators
5.11.2 Price Structure
5.11.3 Price Trends
6 Market Breakup by Device
6.1 Goggles
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cameras
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Scopes
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Technology
7.1 Image Intensifier
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Thermal Imaging
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Infrared Illumination
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End-User
8.1 Military Segment
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Civil Segment
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 Europe
9.1.1 Overview
9.1.2 Market Trends
9.1.3 Market Segmentation
9.1.4 Market Forecast
9.2 North America
9.2.1 Overview
9.2.2 Market Trends
9.2.3 Market Segmentation
9.2.4 Market Forecast
9.3 Asia Pacific
9.3.1 Overview
9.3.2 Market Trends
9.3.3 Market Segmentation
9.3.4 Market Forecast
9.4 Middle East and Africa
9.4.1 Overview
9.4.2 Market Trends
9.4.3 Market Segmentation
9.4.4 Market Forecast
9.5 Latin America
9.5.1 Overview
9.5.2 Market Trends
9.5.3 Market Segmentation
9.5.4 Market Forecast
10 Night Vision Devices Manufacturing Process
10.1 Product Overview
10.2 Device Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Key Player Profiles
11.3.1 FLIR Systems
11.3.2 Harris Corporation
11.3.3 L3 Technologies
11.3.4 Elbit Systems
11.3.5 American Technologies Network Corp.
List of Figures
Figure 1: Global: Night Vision Devices Market: Major Drivers and Challenges
Figure 2: Global: Night Vision Devices Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Night Vision Devices Market: Breakup by Device (in %), 2018
Figure 4: Global: Night Vision Devices Market: Breakup by Technology (in %), 2018
Figure 5: Global: Night Vision Devices Market: Breakup by End User (in %), 2018
Figure 6: Global: Night Vision Devices Market: Breakup by Region (in %), 2018
Figure 7: Global: Night Vision Devices Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Night Vision Devices Market: Price Structure (US$/Goggle)
Figure 9: Global: Night Vision Devices Industry: SWOT Analysis
Figure 10: Global: Night Vision Devices Industry: Value Chain Analysis
Figure 11: Global: Night Vision Devices Industry: Porter’s Five Forces Analysis
Figure 12: Global: Night Vision Devices (Goggles) Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Night Vision Devices (Goggles) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Night Vision Devices (Cameras) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Night Vision Devices (Cameras) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Night Vision Devices (Scopes) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Night Vision Devices (Scopes) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Night Vision Devices (Other Devices) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Night Vision Devices (Other Devices) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Night Vision Devices (Image Intensifier) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Night Vision Devices (Image Intensifier) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Night Vision Devices (Thermal Imaging) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Night Vision Devices (Thermal Imaging) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Night Vision Devices (Infrared Illumination) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Night Vision Devices (Infrared Illumination) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Night Vision Devices (End-Use in Military) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Night Vision Devices (End-Use in Military) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Night Vision Devices (End-Use in Civil) Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Night Vision Devices (End-Use in Civil) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Europe: Night Vision Devices Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Europe: Night Vision Devices Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: North America: Night Vision Devices Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: North America: Night Vision Devices Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Asia Pacific: Night Vision Devices Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Asia Pacific: Night Vision Devices Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Middle East and Africa: Night Vision Devices Market: Sales Value (in Million US$), 2011 & 2018
Figure 37: Middle East and Africa: Night Vision Devices Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: Latin America: Night Vision Devices Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: Latin America: Night Vision Devices Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: Night Vision Devices Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Night Vision Devices Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Night Vision Devices Market Forecast: Breakup by Device (in Million US$), 2019-2024
Table 3: Global: Night Vision Devices Market Forecast: Breakup by Technology (in Million US$), 2019-2024
Table 4: Global: Night Vision Devices Market Forecast: Breakup by End User (in Million US$), 2019-2024
Table 5: Global: Night Vision Devices Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Night Vision Device Manufacturing: Raw Material Requirements
Table 7: Global: Night Vision Devices Market: Competitive Structure
Table 8: Global: Night Vision Devices Market: Key Players