Market Research : Military Night Vision Device Market Globally Grow at a CAGR of 5.3% by 2021

A night vision device is used to enhance visibility in extremely low light conditions. It is an optoelectronic device that displays an illuminated view of the surrounding environment.

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The view generated by the device can be a conversion from both visible spectrums of light and near-infrared (IR) radiations. Thermal IR detection is referred to as thermal imaging, and is used in night vision devices to provide visibility when no ambient light is available for illumination and to increase visibility in a degraded visual environment that involves fogs, mist, or storms.

Technavios analysts forecast the global military night vision device market to grow at a CAGR of 5.3% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global military night vision device market for 2017-2021. To calculate the market size, the report considers new procurements and developments of the night vision devices.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Military Night Vision Device Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BAE Systems
FLIR Systems
Elbit Systems
L3 Technologies
Thales

Other prominent vendors
BEL
Harris
Rockwell Collins

Market driver
Technology advances enhancing night vision capabilities
For a full, detailed list, view our report

Market challenge
Need for further R&D to minimize side-effects of night vision technologies
For a full, detailed list, view our report

Market trend
Emergence of night vision devices with thermal imaging
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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