U.S. Night Vision Equipment Analysis Report, 2015 to 2025

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U.S. Night Vision Device Market Size, Share,
Analysis, Growth, Trends, Outlook and Forecasts
to 2025 Hexa Research
U.S. Night Vision Device Market is expected to
Reach USD 4.39 Billion by 2025
12 November 2018, The U.S. Night Vision Equipment
Market size is expected to be worth USD 4.39
billion by 2025. Surging demand for night vision
devices from the military sector is one of the
key trends escalating market growth. The
tremendous growth of the military sector is
projected to drive the market over the future
period. Basically, they are used for detecting
objects over long distances and in high-speed
imagining in military operations.
NVDs (Night Vision Devices) are used in broad
number of applications including surveillance,
security, military, hidden object detection,
hunting, paranormal research, navigation, and
others. Use of electronic and optics devices
dates back to world wars. Before the introduction
of NVDs, substrate night wafer cameras and
thermal imagining equipment were used. Owing to
technological advancements in the electronics and
optics industry, NVDs were introduced. Sooner
after their introduction, the market for NVDs
gained significant traction owing to
cost-effectiveness and wide category of features
it offers when compared to other technologies
existing in the market.
High manufacturing cost is anticipated to hamper
market growth over the next coming years. Though,
factors such as increasing need for
technologically-advanced devices, rising
technological advancements in the area
of electronics and optics, and rising expenditure
of military sector on modernization are expected
to be the key growth stimulants of the market.
U.S. held the largest share in the global market
for night vision devices on account of high rate
of deployment of these equipment in different
sectors. Rapid upgradation and advancements in
technology along with domicile of a raft of
industry participants are impelling development
of the market in the country.
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A major difference between old and modern devices
is emergence of image intensifying and thermal
imagining. Image intensifying technologies needs
greater amount of light than thermal imagining
devices to produce illuminated image of
environment by absorbing available light. In
divergence, thermal imagining systems and other
modern night vision systems do not need light as
they show an image with better clarity by
detecting nearby IR radiations that are produced
by objects in the environment. NVDs and thermal
imaging devices convert invisible radiations to
visible spectrum on display.
The U.S. night vision device market is segmented
into infrared systems and light amplification
systems on the basis of equipment type. NVDs
include night vision googles, cameras, monocular,
binoculars, scopes, and other devices. The
industry is expected to record tremendous growth
owing to wide application scope of NVDs in
military, surveillance, and security for
detection of hidden object, hunting, paranormal
research, navigation finding, and other
applications.
A large number of companies are operating in the
industry. Some of the key players are Harris
Corporation ASU, Inc. Ball Aerospace Leonardo
DRS and General Dynamics Mission Systems, Inc.
Companies are undergoing several mergers and
acquisitions in order to enhance production
capacity of their existing manufacturing units.
Robust growth of the military sector and rising
expenditure of the government in modernizing and
purchasing advanced equipment are unfolding ample
of growth opportunities for the market in U.S.
Hexa Research has segmented the U.S. night vision
equipment/device market report based on type and
end-user
Segmentation by Type, 2015 - 2025 (USD Billion)
Computer Systems
Televisions Mobile devices
Segmentation by End-User, 2015 - 2025 (USD
Billion) Metal Wholesalers and reprocessors
Electronic goods manufacturers Others
Key players analyzed Harris Corporation ASU,
Inc.
Ball Aerospace Leonardo DRS General
Dynamics Mission Systems, Inc.
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Table of Content of U.S. Night Vision Device
Market
Chapter 1. Executive Summary Chapter 2.
Methodology and Scope 2.1. Research
methodology 2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope market segmentation
Chapter 4. Night Vision Equipment Market Trends
Drivers Opportunities 4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Supply chain analysis
4.3. Porter's Five Forces analysis Chapter 5.
Night Vision Equipment Market Trends, By
Type 5.1. U.S. night vision equipment market
movement, by type, 2017 2025 5.1.1. Infrared
systems
5.1.1.1. Market estimates and forecast, 2015 -
2025 (USD Billion) 5.1.2. Light amplification
systems 5.1.2.1. Market estimates and forecast,
2015 - 2025 (USD Billion) Chapter 6. Competitive
Landscape 6.1. Competitive landscape analysis,
2017 6.2. Strategic framework
6.3. Company profiles
6.3.1. Harris Corporation
6.3.1.1. Company Overview
6.3.1.2. Product Benchmarking
6.3.1.3. Financial Performance
6.3.1.4. Recent Initiatives
6.3.2. ASU, Inc.
6.3.2.1. Company Overview
6.3.2.2. Product Benchmarking
6.3.2.3. Financial Performance
6.3.2.4. Recent Initiatives
6.3.3. Ball Aerospace
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6.3.3.1. Company Overview
6.3.3.2. Product Benchmarking 6.3.3.3. Financial
Performance 6.3.3.4. Recent Initiatives
6.3.4. Leonardo DRS
6.3.4.1. Company Overview 6.3.4.2. Product
Benchmarking 6.3.4.3. Financial
Performance 6.3.4.4. Recent Initiatives
6.3.5. General Dynamics Mission Systems,
Inc. 6.3.5.1. Company Overview 6.3.5.2. Product
Benchmarking 6.3.5.3. Financial
Performance 6.3.5.4. Recent Initiatives
6.3.6. List of other vendors
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