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The global night vision devices market, valued at USD 4.66 billion in 2019, is projected to reach USD 15.71 billion by 2032, reflecting a CAGR of 9.80% during the forecast period.
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The global night vision devices market, valued at USD 4.66 billion in 2019, is projected to reach USD 15.71 billion by 2032, reflecting a CAGR of 9.80% during the forecast period. North America led the market with a 33.26% share in 2019, supported by increasing defense budgets, homeland security adoption, and advancements in night-time surveillance technologies across the United States and Canada. Among device types, goggles accounted for the largest share, driven by their lightweight, compact design and extensive use in military operations and law enforcement missions. Country-level trends highlight strong growth drivers worldwide. The United States is spearheading investments in next-generation systems such as the Enhanced Night Vision Goggle-Binocular (ENVG-B), strengthening its defense modernization. India is expanding adoption through heightened border surveillance and military upgrades, while China’s rising defense expenditure and focus on indigenous technology are fueling expansion. Italy has demonstrated the civil utility of night vision-enabled drones for public surveillance and COVID-19 enforcement, and South Korea is boosting demand with investments in thermal imaging and electro-optics for military and industrial applications. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/night-vision-device-market- 101784 Scope of the Report: The Night Vision Device Market is segmented by: Device Type (Goggles, Monocular & Binoculars, Camera, Glasses, Scopes, Others) Technology (Thermal Imaging, Image Intensifier, Infrared Illumination, Others) Targeting, Navigation, Others) Application (Military & Defense, Wildlife Spotting & Conservation, Surveillance, Region (North America, Europe, Asia-Pacific, LAMEA) Major Companies Profiled in the Report: L3 Technologies Inc American Technologies Network Corp BAE Systems PLC Thales Group SA SATIR Elbit Systems Ltd Teledyne FLIR LLC Collins Aerospace Meopta Excelitas Technologies Corp
Safran Blink Reolink Nightfox Night Vision Sigweis Rexing Inc Bushnell SOLOMARK Tonbo Imaging Tactical Night Vision Company, Inc Night Vision Devices Inc Regional Insights: The regions covered in this Global Night Vision Devices Market report are North America, Europe, Asia-Pacific, and Rest of the World. Based on country level, the market of Managed security service is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc. KEY INDUSTRY DEVELOPMENTS: February 2019: - Thermoteknix Systems Ltd. launched its advanced TiCAM 1000C Biocular Target Locator System at the Security & Policing security event 2019. It is a hand-held camera used for observation, surveillance, and security applications. It is also suitable for dark environments and poor weather conditions. February 2019: - Thales Group announced the co-development of ELFIE night vision devices in collaboration with armed force manufacturer MKU ltd in India. ELFIE will offer easy mobility and night combat facility. The product can be used via helmet mounted or weapon mounted, it is suitable for left and right eyes.