Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Night Vision Goggles (NVG) is a special type of night vision device. The Night Vision Goggles do not have any magnification and this allows you to use them while in motion mounted on your head, perfect for night gaming, orienteering, driving, safeguarding and search and rescue applications. They often come with straps or Headgear to fit onto your head for use without hands.

In the coming years there is an increasing demand for Night Vision Goggles in the regions of United States and Europe that is expected to drive the market for more advanced Night Vision Goggles. Increasing of residential fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Night Vision Goggles will drive growth in United States and Europe markets.

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With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Night Vision Goggles market to approach these areas. QYR analysis of the Night Vision Goggles market indicated that North America would account for the highest sales in 2022 with close to 44 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.

The global Night-vision Goggles market was 260 million US$ in 2018 and is expected to 320 million US$ by the end of 2025, growing at a CAGR of 2.8% between 2019 and 2025.

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This report studies the Night-vision Goggles market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Night-vision Goggles in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Orpha

Armasight

ATN

Yukon

Night Optics

Bushnell

NVT

KATOD

ROE

Night Owl

By the product type, the market is primarily split into

Image Intensifier

Thermal Image

By the end users/application, this report covers the following segments

Industrial

Residential

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