Night Vision Device Market is Expected CAGR of 11.1% by 2030

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The global night vision device market size is expected to be worth around US$ 15.05 billion by 2030, according to a new report by Vision Research Reports.

The global night vision device market size was valued at US$ 8.60 billion in 2020 and is anticipated to grow at a CAGR of 11.1% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size USD 15.05 billion by 2030
Growth Rate CAGR of 11.1% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, Technology
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned American Technologies Network Corporation; Harris Corporation; FLIR Systems, Inc.; Raytheon Company; Yukon Advanced Optics Worldwide; Bushnell;  Firefield; Apresys, Inc., Luna Optics; and L3 Technologies, Inc.

Growth Factors

 Increasing popularity of night vision devices for civil applications such as construction sites, camping, firefighting, and monitoring has notably benefitted the market in the past few years. In addition, increased use of advanced technologies such as imaging intensifier and thermal imaging in security and surveillance devices has stimulated the market growth in commercial sector.

Night vision devices are extensively used by military and paramilitary forces to locate enemy targets during night operations. In the civil sector, night vision device are often used by police forces and surveillance bodies. Also, large enterprises are increasingly installing mounted cameras enabled with night vision features to monitor their facilities.

Key Players

 American Technologies Network Corporation; Harris Corporation; FLIR Systems, Inc.; Raytheon Company; Yukon Advanced Optics Worldwide; Bushnell;  Firefield; Apresys, Inc., Luna Optics; and L3 Technologies, Inc.

Market Segmentation

  • Type
    • Camera
    • Goggles
    • Scope
    • Others
  • Technology
    • Image Intensifier
    • Thermal Imaging
    • Others
  • Application
    • Defense
    • Wildlife Spotting
    • Wildlife Conservation
    • Surveillance
    • Navigation
    • Others
  • Region
    • North America
      • The U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
    • Middle East & Africa

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