Night Vision Device Market to Witness Robust Growth by 2027

Stratview Research has recently published a report on the night vision device Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2027. 

Night vision device Market Segment Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the night vision device market   is estimated to grow at a decent CAGR of 4.5% during the forecast period to reach a value of US$ 8.1 Billion in 2027.

Key Players

The market for night vision device is highly consolidated with the strong presence of key players such as-

  • L3Harris Technologies, Inc.

  • BAE Systems

  • Thales Group

  • Elbit Systems Ltd.

  • Raytheon Technologies

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As per the report, the market is segmented by:

·         by Platform Type (Ground-based NVDAir-based NVD, and Naval-based NVD)

·         by Technology Type (Image Intensification Technology [Gen I-III, Gen-IV], Thermal Technology [SWIR, MWIR, and LWIR], and Fusion Technology [Optical Image Integration and Digital Image Integration])

·         by Product Type (Night Vision Goggle, Weapon Night Sight, and Handheld Thermal Imager)

·         by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Israel, Saudi Arabia, and Others]).


COVID-19 has affected almost every business, irrespective of size, irrespective of region. In the year 2020, the dynamics of the night vision device Market have shifted dramatically. The consumer climate and business practices have evolved significantly, resulting in numerous process changes that will have long-term consequences.

Sneak peek into the Report:

This report serves as a comprehensive source of market analysis. The report's layout has been kept simple in order to have the most business value possible. It offers valuable insights into business dynamics and allows current and potential market participants to make strategic decisions.

The following are the report's key features:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis

  • Market forecast analysis

  • Competitive landscape and dynamics: Market share, product launches, etc.

  • Attractive market segments and associated growth opportunities

  • Emerging trends & Key success factors

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Stratview research also offers custom research for market evaluation, competitive benchmarking, sourcing and procurement, target screening, and other services across sectors, in addition to this thorough review.

Research Methodology

Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.

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