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Monday, November 22, 2021

Global Night Vision Devices Market to be Driven by Increasing Geographical Tensions and Territorial Conflicts in the Forecast Period of 2021-2026

 The new report by Expert Market Research titled, ‘Global Night Vision Devices Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global night vision devices market, assessing the market based on its segments like end-product forms, equipment types, and applications. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market supported the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 8.3 billion
  • Forecast CAGR (2021-2026): 7.3%

Industry Definition and Major Segments

A night vision device allows you to see in the dark and is used for safety in low-light situations. Multi-spectral imaging, optical guiding, and eye tracking are all possible with these devices, which are highly optoelectronic. They're used in the fields of navigation, surveillance, and targeting.

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The night vision market can be divided based on segments like type, technology & end use.

Based on type:

  • Goggles
  • Cameras
  • Scopes
  • Others

Based on technology:

  • Thermal Imaging
  • Image Intensifiers
  • Infrared Illumination

Based on end use:

  • Military Segment
  • Civil Segment

Market Trend

In many countries around the world, government organisations are upgrading their weapons and devices to improve navigation, surveillance, and targeting capabilities. As a result, the demand for such devices grows, resulting in a larger market for night vision devices. Increased defence budgets have resulted from increased demand for night vision devices in combat and patrolling operations. It is also expected to provide better opportunities for manufacturers as a result of the government's increased investment in R&D night vision technology.

Increased geopolitical tensions and territorial conflicts have necessitated the use of advanced electronic equipment, such as night vision devices, to improve vigilance and surveillance in military areas. The night vision devices provide colour images to soldiers in low-light situations in the field. In recent years, these devices have gained popularity among wildfire researchers, which is expected to increase demand for them. The demand has also been propelled by technical and application feasibility, such as head-mounted night vision, combined with a reasonable price. As a result, manufacturers are constantly improving the functionality and design of cameras used in night vision devices in order to increase their effectiveness. Furthermore, due to the high influx of refugees and immigrants, as well as increased cross-border operations, the use of night vision devices in border security has increased.

Key Market Players

The major players within the market are ATN Corp., Elbit Systems of America and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.

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About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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