“Night Vision Technologies market set to grow to $18.2bn by 2028” says new Visiongain report

01 November 2018
Defence

Visiongain has launched a new energy report Night Vision Technologies Market Forecasts 2018-2028: Forecasts by Products (Goggles, Cameras, Scopes, and Others), by Application (Automotive, Military applications, Residential and Industrial Security applications, and Others), Covering Regions, Global Market and National Markets.

Growing safety concerns among the population and increasing awareness about the night vision technologies among the consumers are the most important factors promoting the growth of night vision technologies market. However, cost effectiveness of the night vision devices increasing the adoption of night vision technology which is expected to enhance the profitability of this market worldwide. Globally, the use of Night vision technologies across numerous application industries has increased significantly on the backdrop of growing safety concerns and government regulations pertaining to use of Night vision technologies. The global Night vision technologies market is expected to grow substantially due to increased usage of night vision technologies based products such as electronic appliances, construction and building materials among others.
The factors shaping the demand for Night vision technologies are grouped as demand side factors and supply side factors. The supply side factors include the factors that affect the supply of raw materials or chemicals that are used as or for the manufacturing of Night vision technologies.

The Visiongain report analyst commented "Growing number of military operations in the night times has resulted in significant growth in the demand for night vision devices significantly over the past few years. Moreover substantial rise in threats of burglary and robbery has increased demand for night vision technologies in the household and residential segments significantly over the past couple of years. The demand for night vision technologies is likely to increase over the next few years from the household and industrial segments at a rapid pace over the period of 2018. This would be primarily backed by increasing level of awareness and growing per capita disposable income. Further, the application of night vision technologies in the automotive segment is likely to drive the market over the forecast period. Both passenger vehicles and commercial vehicles are now enabled with night vision technologies in order to assist the drivers to drive through the nights and dark. It is expected to minimize the risk of accidents and several governments across the world are likely to promote the use of night vision technologies in the automobiles over the years to come."

Leading companies featured in the report who are developing Night Vision Technologies include Autoliv Inc, Bosch, Continental AG, Armasight, BAE Systems, L3 technologies, American technologies, Harris Corporation, Meopta and Newcon Optik.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
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.

Recent News

“Distributed Fibre Optics Sensing market set to grow to $30.7 bn by 2029” says new Visiongain report

Ongoing investment and market consolidation will be strong over the long term as large-scale, ongoing programmes coming to fruition drives investment in the market. Additionally, rising technological advancement in established markets will drive growth in different submarkets.

21 February 2020

Read

“Autonomous Weapons market to total USD 29 billion in 2030”, says new Visiongain report

Today, the industry is a prosperous business and is being driven forward by global arms programmes and procurement activity; high defence spending and significant improvements to the finances of several influential states; and expanded efforts to develop advanced autonomous systems for great-power conflicts.

17 February 2020

Read

“Private Military & Security Services market to total USD 457.3 billion in 2030”, says new Visiongain report

Generally speaking, private military and security providers, or PMSCs, take on and support roles that have been traditionally carried out by national armies and intelligence agencies. Such tasks can range from the provision of armed guards to the maintenance of weapons systems to the training of local forces and security personnel.

11 February 2020

Read

“The growth in production in battle helicopters will have a significant impact on the manufacturing of equipment “, says Visiongain

The Airborne Weapon Delivery Systems Market Report 2020-2030: Forecasts by Product type (Fixed-wing fighter aircraft, Rotary wing and UCAV), By Application (Military agencies, Missile suppliers, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry. To order to facilitate the deployment of rockets, bombs and other weapons, …

23 January 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever