Overview of the global military night vision device market
Terrorist organizations carry out spy operations to achieve their destructive objectives and do not engage in declared warfighting. National and collaborative armed forces are using covert operations to counter such terrorist operations. This technique helps them locate and track the terrorists and contain the threats. Technavio’s market research report identifies that the increasing number of covert operations will be one of the primary growth drivers for the global military night vision device market till 2021. This increase in covert operations drives the demand for special equipment including night vision devices to carry out such covert operations. The equipment may include night vision devices such as goggles, rifles, and advanced optics among other items. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 5% by 2021.
The emergence of night vision devices with thermal imaging is one of the key trends that will gain traction in the global military night vision device market during the estimated period. For instance, a new type of headset that combined night vision and thermal imaging technologies launched by BAE Systems in 2015, streams a live video feed from the thermal weapon sight via Bluetooth. Furthermore, this technology is also used to develop thermal goggles, which improves the soldiers’ capabilities of acquiring and engaging targets.
Competitive landscape and key vendors
The military night vision device market is characterized by the presence of many global and regional vendors. These vendors are increasingly competing against each other based on factors such as cost, product quality, reliability, and aftermarket service.
Key vendors in this market are -
- AE Systems
- FLIR Systems
- Elbit Systems
- L3 Technologies
- Thales
Other prominent vendors in the market include BEL, Harris, and Rockwell Collins.
Segmentation by product and analysis of the military night vision device market
- Wearable and hand-held night vision devices
- Night vision cameras
- Gun and platform-based night vision systems
The wearable and hand-held night vision devices segment contributed the maximum shares during 2016 because these night vision devices require low energy. The segment will continue to grow for the next four years because these devices offer ground soldiers with a hands-free operation as they can be attached to an operator’s vests and helmets.
Segmentation by geography and analysis of the military night vision device market
- Americas
- APAC
- EMEA
American countries are extensively adopting night vision capable devices and platforms for border patrol due to the increasing drug-trafficking and cross-border smuggling activities. The market in Americas will continue to grow in the region during the predicted period the integration of guns and rifles with day and night vision cameras offer precision firing.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global military night vision device market?
- What are the key market trends impacting the growth of the global military night vision device market?
- What are the challenges to market growth?
- Who are the key vendors in the global military night vision device market?
- What are the market opportunities and threats faced by the vendors in the global military night vision device market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global military night vision device market?
Technavio also offers customization on reports based on specific client requirement.
This upcoming report on the global military night vision device market offers insights into the prominent trends and influencing the growth of the aerospace and defense industry. Our reports for the aerospace and defense industry also follow a scrupulous data collection methodology and offer an extensive analysis of fast growing market segments like defense.
Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of primary and secondary data collection methods and assess the changing demand-supply landscape of the defense sector. Few of the key approaches involved in the in this methodology are detailed vendor briefing, online surveys, and consultation of industry journals and publications. Also, by considering the market forecast and size, surging demand for various segments of the defense sector, the market research professionals at Technavio present an all-inclusive picture of the military night vision device market from 2017 to 2021.
This forthcoming market research report on the military night vision device market also covers vendors like BAE Systems, Harris, L3, FLIR Systems, Thales, and Elbit Systems. According to our market research experts, the rising popularity of night vision coupled with thermal imaging is expected to impact the market during the next few years. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on military night vision device market also covers geographies like the Americas, APAC, and EMEA.
The upcoming industry research report for military night vision device market also categorizes the major drivers, prominent trends, as well as the imminent restraints that the defense sector currently experiences. This upcoming report on the military night vision device market presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the aerospace and defense industry. Technavio also offers in-depth market assessments into the sectors such as homeland security and defense technology.
Our market research methodology for the military night vision device market
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