Growing Prominence of Substitutes Subdues the Market Growth for Night Vision Devices Market

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Night Vision Devices Market Type (Night Vision
Goggles, Night Vision Monocular, Night Vision
Binocular) Components (Image Intensifier Tubes,
Micro Channel Plates) Application (Military,
Security, Surveillance, Search, Rescue) -
Forecast (2015-2020)
Published on 29 February, 2016 Number of
pages 250 Single User Price 4250
The research methodology used to estimate and
forecast Night Vision Devices Market begins with
capturing data on key vendor revenue through the
secondary research.
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Summary of the Report Night vision devices
(NVD) enable visibility of the objects in dark
surroundings or low intensity light areas. The
ability to recognize and distinguish targets
during poor visibility conditions has been a
crucial necessity. Night Vision devices has been
very prominent in the field of Military/Defense,
the equipment such as Night Vision Goggles, Night
Vision Binoculars, Night Vision Scopes provide
assistance to the solider during dark. Night
Vision Devices have successful application in
other sectors such as Security, Surveillance,
Search and Rescue, etc.
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Topics Covered in this report There have been
significant developments in the field of
electronics and optics that have allowed
production of NVDs which help us in intensifying
the images which are not likely to be seen
through naked eyes. Much before the development
of commercial night vision devices, there was a
market in the defence industry for devices that
were used to enhance vision capabilities. After
further developments in thermal imaging,
substrate wafer night vision cameras, goggles and
scopes with improved reliability and image
resolution were deployed. These night vision
devices significantly improved sensitivity and
image intensity and have thus found increased
utilization in the commercial market. The night
vision device Market is estimated to be 13.2
billion in 2014 and is growing at a healthy CAGR
of 7 during the forecast period through 2020.
The increasing demand for security and
surveillance night vision devices along with the
declining prices resulting in cost effective
devices is the key driver for the market.
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The market scenario is different for each
application. Currently, Military is the largest
market segment, however this segment is
exhibiting slow growth. Hidden object detection
is another key market for military, governmental
and commercial markets.  Night Vision devices
market has been segmented based on type of
component, category, application and geography.
Based on the component the market has been
classified into image intensifier tubes, front
lens, photo cathode, micro channel plate, high
voltage power supply, phosphorus screen, and
eyepiece. Major applications of Night Vision
devices include Military Security, Surveillance,
navigation and hidden object detection. Night
vision devices have also been segmented based on
category into goggles, cameras and scopes. The
goggles and cameras market are leading this
segmentation in 2014 and are projected to exhibit
high growth through 2020. Night vision scopes are
forecast to exhibit the highest growth through
2020 led by adoption in the APAC military market.
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Night Vision Devices Market Type (Night Vision
Goggles, Night Vision Monocular, Night Vision
Binocular) Components (Image Intensifier Tubes,
Micro Channel Plates) Application (Military,
Security, Surveillance, Search, Rescue) -
Forecast (2015-2020)
A detailed qualitative analysis of the factors
responsible for driving and restraining growth of
the Night Vision Devices Market and future
opportunities are provided in the report.
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Devices 2015-2020 Market Research Report