(2023-2028) Night Vision Devices (NVDs) Market, Top Brands Analysis, Upcoming Demand, Growth Rate, Share, Size and Forecast Report

According to the latest report by IMARC Group, titled "Night Vision Devices (NVDs) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global night vision devices market size reached US$ 10.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 14.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.

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Night Vision Devices (NVDs) Market Overview:

Night vision devices (NVDs) are equipment that assists in amplifying the gamma, ultraviolet and infrared light to produce a user-friendly and accurate image in a dark environment. These devices have navigation and targeting capabilities and are manufactured using an objective lens, image intensifier tube (IIT) screen, eyepiece, and a power source. They rely on the objective lens to gather light particles from the object and aid in focusing these particles on the IIT screen to form an image. They are highly optoelectronic that provide multi-spectral imaging, optical directing, and eye tracking and is widely used in home security, camping search, and security screening at the airport. Along with this, they have applications in wildlife research and photography.

Global Night Vision Devices (NVDs) Market Trends:

A significant rise in terrorist threats and unlawful activities is driving the global market. This can be accredited to the adoption of NVDs by the military and defense industry to cater to the rising demand for night patrolling and combat operations. Moreover, continual technological advancements in integrated sensor technologies to enable better precision and accessible intelligence communication of data and images are propelling the market.

Besides this, numerous initiatives undertaken by the governments of several countries to enhance navigation, surveillance, and targeting capabilities are significantly supporting its demand. Other factors such as reduced costs, enhanced designs, the advent of smart homes and extensive research and development (R&D) activities by leading players are also influencing the market.

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Key Market Segmentation:

Top Night Vision Devices Brands Worldwide:

• FLIR Systems, Inc.
• L3Harris Technologies, Inc.
• Elbit Systems of America, LLC
• American Technologies Network Corporation

Breakup by Device:

• Goggles
• Cameras
• Scopes
• Others

Breakup by Technology:

• Image Intensifier
• Thermal Imaging
• Infrared Illumination

Breakup by End User:

• Military Segment
• Civil Segment

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other

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