28 April 2021
The new report the Night Vision Device Market Report to 2031: Forecasts by Type (Camera, Goggles, Scope, and Others), Technology (Image Intensifier, Thermal Imaging, and Others), Application (Defense, Wildlife Spotting, Wildlife Conservation, Surveillance, Navigation, and Others), by Region, Country and Profiles of Leading Companies indicates that the global night vision device market will see $ XX bn in spending in 2020.
The lead analyst of the report said: "The night vision device market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of the night vision device.”
Night vision device will enable the ability to see in dark or low-intensity light night vision devices has been very prominent in military and defense. The equipment such as night-vision goggles, binoculars, and scopes provide assistant to solider during the off-light. Continuous innovation in the night vision technology is primarily driven force for the demand from the military and defence application. Moreover, the growth in the armed conflicts across various regions/countries significantly contributes to the rapid rise in demand for night vision devices for military and defense applications. The government spending on the guarding and combat operation tools is further expected to lead the night vision device globally and create opportunities in the market during the forecast period.
The night vision device technology witnessed a rapid change from a bulky optical instrument to the lightweight and operation-friendly equipment by implementing image intensification technology and other similar technologies. Moreover, the rise in the use of a thermal imaging system that usually detects infrared rays through emitting heat is the primary trend in the global night vision device market. However, the high manufacturing costs limit the production capacity, and therefore, these devices are primarily available to military applications.
The solicitation of proposals by the public-private companies and governments worldwide are expected to mitigate the COVID-19 pandemic impact, which is also estimated to be the key factor fueling the night vision device market growth.
The XX page report contains 127 tables and 251 graphs that add visual analysis in order to explain developing trends within the night vision device market. The report provides $ XX bn forecasts during the forecast period 2021-2031 for the night vision device submarkets, namely by type, i.e., camera, goggles, scope, and others.
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in the night vision device.
The global night vision device market 2021-2031 report will be of value to anyone who wants to understand better the night vision device market and its various segments. It will be useful for businesses who wish to comprehend the part of the market better they are already involved in, or those wishing to enter or expand into a different regional or technical aspect of the night vision device industry.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 20 7549 9987.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Factors such as massive need for automatic labelling machine in food & beverages industry and surge in demand for automated packaging solutions are some of the major factors propelling the market growth.
13 May 2021
Surge in the need of accuracy & faster to reduce human efforts and increased awareness towards automated truck loading system for optimization of the logistics supply are some of the major factors driving the market growth.
13 May 2021
Increased focus towards quality improvement along with end-to-end testing solutions and surge in adoption of System on Chip (SoC) is expected to boost the market growth.
13 May 2021
Benefits such as less consumption of power, better color mixing & lighting effect, and lower environmental hazards are propelling the growth of chip-on-board LED in the market.