The Night Vision Device Market was valued at USD 8.35 billion in 2021 and is expected to reach USD 15.46 billion by 2029, registering a CAGR of 8.00% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Over the past few years, quick technological advancements have significantly impacted the night vision device market. In order to improve soldiers' agility and situational awareness, businesses, the government, and the army are constantly trying to develop night vision device using wireless technology. The important trends in controlling the global market include increasing focus on manufacturing night vision devices that are compact, weightless, and power-efficient, as well as integration of night vision devices with a weapon, vehicle, or equipment like tactical headphones.

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Opportunities

  • Increased Progression Of Thermal Imaging And Infrared Technologies

The increased progression of thermal imaging and infrared technologies progress is estimated to generate lucrative opportunities for the market, which will further expand the night vision device market's growth rate in the future. As technology develops quickly, there is an increasing need for wearable night vision devices like improved night vision goggles (ENVG), which include thermal imaging into their design. Goggles, cameras, and other thermal equipment installed on helmets have been at the market's forefront.

  • Development of New Technologies

Additionally, the development of new technologies by market players are creating new technology for uses like aviation, which further offer numerous growth opportunities within the market. Businesses in the sector are also creating new technology for uses like aviation. A 27-inch ShadowSense touch screen technology for the military was introduced in March 2022 by the Canadian technology company Baanto International. This touchscreen satisfies Night Vision Imaging Systems (NVIS) standards, allowing for mission deployment independent of ambient light levels.

Market Players Covered

ATN Corp. (U.S.), Collins Aerospace (U.S.),  Meopta - optika, s.r.o. (Czechia), Visa Outdoor Operations LLC (U.S.), L3 Technologies Inc. (U.S.), L3Harris Technologies, Inc. (U.S.), FLIR Systems, Inc. (U.S.), SATIR (Denmark), BAE Systems (U.K.), Bharat Electronics (India), Thales (France), Raytheon Technologies Corporation (U.S.), Bushnell (U.S.), Yukon Advanced Optics Worldwide (Lithuania), Adorama Camera, Inc (U.S.) and Elbit Systems Ltd. (Israel)

Recent Developments

  • In March 2022, the 27-inch ShadowSense touch screen technology was unveiled by Canadian technology company Baanto International for the armed forces. This touchscreen satisfies Night Vision Imaging Systems (NVIS) standards, allowing for mission deployment independent of ambient light levels.
  • In December 2021, Thales introduced XTRAIM, a new weapon sight that offers day/night decamouflage capabilities that were previously only possible by employing a number of other pieces of gear. Its users may fire precisely at night because to its compatibility with all shoulder-fired assault rifles (HK416) and light machine guns (Minimi).
  • In May 2021, A new night vision camera is now available from Ulefone. It can be used as a wearable body camera that is easily fastened to your jacket, belt, back pocket, etc. by using the very portable device, which functions as a smartphone attachment. The Sony STARVIS IMX307 incredibly light-sensitive CMOS image sensor in the night vision camera makes it perfect for videography, night photography, and low-light photography.
  • In September 2021, The US Army and L3Harris Technologies, Inc. agreed to a $100 million deal for the delivery of ENVG-B (enhanced night vision goggle-binocular) systems. With the use of these integrated devices, the soldiers may more precisely target, engage, and neutralise threats without running the danger of being exposed.

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Global Night Vision Device Market Scope

Category

  • Scopes
  • Goggles
  • Cameras
  • Binoculars
  • Monoculars
  • Others

Component

  • Image Intensifier Tubes
  • Front Lens
  • Photo Cathode
  • Micro Channel Plate
  • High Voltage Power Supply
  • Phosphor Screen
  • Eyepiece
  • Others

Technology

  • Low Light Imaging Process
  • Thermal Imaging Process
  • Infrared Illumination

 Application

  • Law Enforcement
  • Hunting
  • Wild Life Observation
  • Surveillance
  • Security
  • Navigation
  • Hidden Object Detection
  • Entertainment
  • Paranormal Research
  • Material Testing
  • Others

 End User

  • Military
  • Automotive
  • Aerospace
  • Defence
  • Government

Night Vision Device Market Regional Analysis/Insights

The countries covered in the night vision device market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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