Night-vision Goggles Market Investigation Reveals Enhanced Growth during the forecast Period, 2020-2028

Apr 02, 2020: The Global Night-vision goggles market is estimated to witness an upsurge growth during the forecast period. The night-vision goggle is an optical device, which is used to intensify the clarity of an image and effectively aligns with a person’s line of sight. These devices have become prominent in military applications to carry out operations in light deprived areas, therefore, enhancing adequate risk assessment.

“The rapidly increasing demand to undertake surveillance activities across military and defense fields, high performance headgear for pilots that exhibits optical corrective properties, and the upscaling nature of technological revolution are some of the major factors that are anticipated to propel the growth of night-vision goggles market in the forthcoming years.”

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A typical night-vision goggle consists of an eyepiece, voltage power supply, lenses, image intensifier tubes, camera, and a phosphor screen. According to the applications, the night-vision goggles can be segmented in to military, hunting, paranormal research, wildlife monitoring, hidden objects detection, navigation, security and surveillance, and others. The increasing occurrence of sophisticated attacks is bolstering the military and surveillance segment’s further growth. This factor is identified as a potential source of incremental revenue for the global market.

The night-vision goggles market is driven by the growing adoption of advanced technologies such as image intensifier, analytics infographic and infrared illumination, along with the rising national security concerns is further fueling to its growth. However, the existing drawback of night-vision goggles to handle unanticipated flares of light, which results into impairment of the goggle. This is a major factor hindering the market’s growth. The increasing investments in research & development activities in order to manufacture more stable and affordable night-vision goggles, which is promising new growth opportunities to the market.

Based on geography, the market can be segmented into the U.S., Rest of North America, Germany, Italy, Spain, Rest of Europe, India, China, Japan, Southeast Asia, Rest of Asia Pacific, Southern Africa, GCC countries, Rest of MEA, Brazil and Rest of Latin America. North America is projected to hold the highest market share due to the high integration of latest technological developments and has also marked the evolution of night-vision goggles through generation I, II and III.

The night-vision goggles market is gaining traction in the Asia Pacific region, due to the increasing government spending on developing diagnostics and preventive maintenance applications for military and special forces sector. On commercial level, the Asia Pacific region is examined to hold a significant CAGR and therefore, supplementing the market growth during the forecast year.

The night-vision market is dominated by the presence of prominent players such as ATN, Armasight, BAE Systems, Elbit FLIR Systems, L-3 Communications, Newcon Optik, Harris, Meopta, Optix, Sofradir EC, and Thales, amongst others. The key players are constantly striving to capitalize on the increasing demand for night-vision goggles by incorporating strategic merger & acquisition (MA), joint ventures, collaboration and partnerships with the fellow market participants.

BAE Systems, headquartered in Farnborough, the United Kingdom, have endorsed the Rapid Target Acquisition (RTA) technology to formulate Family of Weapon Sight-Individual (FWS-I) and Enhanced Night Vision Goggle III (ENVG III). These goggles aid in acquiring targets in the most adverse light conditions. They have a user-friendly interface and are therefore, easy to operate. The optimized power consumption mechanism helps in reducing the extra weight as a result of battery loads.

The global Night-vision Goggles market was valued at $XX million in 2017, and Radiant Research analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2017 and 2028.

This report provides detailed historical analysis of global market for Night-vision Goggles from 2013-2018, and provides extensive market forecasts from 2018-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Night-vision Goggles market.

Leading players of Night-vision Goggles including:

• Orpha

• Armasight

• ATN

• Yukon

• Night Optics

• Bushnell

• NVT

• KATOD

• ROE

• Night Owl

Market split by Type, can be divided into:

• Image Intensifier

• Thermal Image

Market split by Application, can be divided into:

• Industrial

• Residential

Market split by Sales Channel, can be divided into:

• Direct Channel

• Distribution Channel

Market segment by Region/Country including:

• North America (United States, Canada and Mexico)

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

• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)

• South America Brazil, Argentina, Colombia and Chile etc.)

• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)

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Table of Contents

Chapter 1 Night-vision Goggles Market Overview

1.1 Night-vision Goggles Definition

1.2 Global Night-vision Goggles Market Size Status and Outlook (2013-2028)

1.3 Global Night-vision Goggles Market Size Comparison by Region (2013-2028)

1.4 Global Night-vision Goggles Market Size Comparison by Type (2013-2028)

1.5 Global Night-vision Goggles Market Size Comparison by Application (2013-2028)

1.6 Global Night-vision Goggles Market Size Comparison by Sales Channel (2013-2028)

1.7 Night-vision Goggles Market Dynamics

1.7.1 Market Drivers/Opportunities

1.7.2 Market Challenges/Risks

1.7.3 Market News (Mergers/Acquisitions/ Expansion)

Chapter 2 Night-vision Goggles Market Segment Analysis by Player

2.1 Global Night-vision Goggles Sales and Market Share by Player (2016-2018)

2.2 Global Night-vision Goggles Revenue and Market Share by Player (2016-2018)

2.3 Global Night-vision Goggles Average Price by Player (2016-2018)

2.4 Players Competition Situation & Trends

2.5 Conclusion of Segment by Player

Chapter 3 Night-vision Goggles Market Segment Analysis by Type

3.1 Global Night-vision Goggles Market by Type

3.1.1 Image Intensifier

3.1.2 Thermal Image

3.2 Global Night-vision Goggles Sales and Market Share by Type (2013-2018)

3.3 Global Night-vision Goggles Revenue and Market Share by Type (2013-2018)

3.4 Global Night-vision Goggles Average Price by Type (2013-2018)

3.5 Leading Players of Night-vision Goggles by Type in 2017

3.6 Conclusion of Segment by Type

Chapter 4 Night-vision Goggles Market Segment Analysis by Application

4.1 Global Night-vision Goggles Market by Application

4.1.1 Industrial

4.1.2 Residential

4.2 Global Night-vision Goggles Sales and Market Share by Application (2013-2018)

4.3 Leading Consumers of Night-vision Goggles by Application in 2017

4.4 Conclusion of Segment by Application

Chapter 5 Night-vision Goggles Market Segment Analysis by Sales Channel

5.1 Global Night-vision Goggles Market by Sales Channel

5.1.1 Direct Channel

5.1.2 Distribution Channel

5.2 Global Night-vision Goggles Sales and Market Share by Sales Channel (2013-2018)

5.3 Leading Distributors/Dealers of Night-vision Goggles by Sales Channel in 2017

5.4 Conclusion of Segment by Sales Channel

Continued………………..

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