The global night vision device market is estimated to reach value of US$ 14,861.2 Mn by 2026 from US$ 6,964.8 Mn in 2017, expanding at a CAGR of 8.9% during the forecast period.
Albany, NY -- (SBWIRE) -- 03/25/2019 -- A new report titled "Night Vision Device Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2018–2026)" has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Night Vision Device market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market's growth and challenges and restraints hindering the market for Night Vision Device across the globe.
The report includes detailed value chain analysis, which is focused on providing an extensive view of the global night vision device market. Porter's Five Forces analysis has also been provided to help understand the competition scenario in the global night vision device market. The study incorporates market attractiveness analysis, wherein type, technology, and application segments of the market have been benchmarked based on their size, growth rate, and attractiveness. In order to offer complete analysis of the overall competition scenario in the global night vision device market, every region mentioned in the report has been provided with attractiveness analysis.
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The market overview chapter in the report explains market trends and dynamics including drivers, restrains, and the current and future opportunities for the night vision device market. Outlook analysis of the global market has also been provided in the report. Additionally, the report provides analysis of different business strategies being adopted by leading players in the night vision device market. The market introduction chapter helps in getting idea of different trends in the global night vision device market.
The study provides a decisive view of the global night vision device market, by segmenting the market, based on type, into personal use and vehicle use. The personal use segment has been sub-divided into scopes, goggles (bi-ocular & monocular), cameras, and others. Based on technology, the market has been divided into image intensifiers, thermal imaging, and others. In terms of application, the market has been segregated into military & defense, law enforcement, hunting, wildlife observation, surveillance & security, navigation, and others. The report provides detailed, region-wise segmentation of the global night vision device market and categorizes it into various levels, thereby providing valuable insights at micro and macro levels.
The report highlights competition scenario in the night vision device market, thereby ranking all major players according to their geographic presence and key recent developments. Insights into the night vision device market is a result of extensive primary interviews, secondary research, and in-house expert panel reviews conducted by TMR. The market estimates have been analyzed by considering the impact of different economic, political, social, legal, and technological factors.
Based on country/sub-region, the market in North America has been divided into the U.S., Canada, and Rest of North America. The Europe market comprises France, Germany, the U.K., and Rest of Europe. The APAC night vision device market includes China, Japan, India, South Korea, and Rest of Asia Pacific. The market in Middle East & Africa has been segmented into GCC, South Africa, and Rest of Middle East & Africa. South America includes Brazil and Rest of South America. The report provides all strategic information required to understand the global night vision device market in terms of type, technology, and application segments. The report provides insights into type, technology, and application segments of the market in various geographies mentioned above.
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary sources such as annual reports, company websites, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, World Bank database, and white papers are usually referred.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews of the night vision device market across geographies. Primary interviews are usually conducted on an ongoing basis with market experts and participants in order to obtain the latest market insights and validate the existing data and analysis. Primary interviews offer new information on important factors such as market trends, market size, competition landscape, and growth trends. These factors help validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by TMR's expert panel.
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The research study comprises profiles of leading companies operating in the global night vision device market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Parameters such as investments in and spending on night vision devices and developments by major market players have been tracked. Some of the key players operating in the global night vision device market are Armasight, ATN Corporation, BAE Systems, FLIR Systems, Inc., Harris Corporation, L-3 Communications, Meopta, Newcon Optik, Optix, Sofradir EC, and Thales Group.
The global night vision device market has been segmented as follows:
Global Night Vision Device Market, by Type
Vehicle Use (Cameras)
Personal Use
Scopes
Goggles (Bi-ocular & Monocular)
Cameras
Others (Binoculars, Clips on, etc.)
Global Night Vision Device Market, by Technology
Image Intensifiers
Thermal Imaging
Others
Global Night Vision Device Market, by Application
Military & Defense
Law Enforcement
Hunting
Wildlife Observation
Surveillance & Security
Navigation
Others
Global Night Vision Device Market, by Region
North America
U.S.
Canada
Rest of North America
Europe
Germany
France
U.K.
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
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