The Night Vision Devices Market is Predict to reach USD 13.6 Billion by 2030, at a CAGR of 9.2%

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Night Vision Devices Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Night Vision Devices Market size is expected to reach $13.6 billion by 2030, rising at a market growth of 9.2% CAGR during the forecast period.

The Stationary segment is generating the highest revenue in the Global Night Vision Devices Market by Mounting Type in 2022; thereby, achieving a market value of $8.5 billion by 2030. Stationary night vision cameras play a crucial role in border control and monitoring. They are positioned strategically to observe and secure national borders, helping border patrol agencies identify and respond to illegal activities. Night vision cameras installed in parking lots provide enhanced security during the night. They help monitor and prevent criminal activities such as theft, vandalism, and unauthorized vehicle access.

The Goggles segment is registering a CAGR of 9.4% during (2023 - 2030). This enhances mobility and flexibility, making them suitable for various activities, from military operations to outdoor recreation. Night vision goggles are essential for covert surveillance and reconnaissance activities. Their ability to provide clear vision in low-light conditions enhances the effectiveness of operations where discreet observation is critical. Night vision goggles are utilized in military and law enforcement training scenarios to simulate real-world situations in low-light environments. This helps personnel enhance their skills and readiness for nighttime operations.

The Thermal Imaging segment is leading the Global Night Vision Devices Market by Technology in 2022; thereby, achieving a market value of $6.7 billion by 2030. Thermal imaging aids law enforcement in search and rescue missions, helping locate missing persons or suspects in challenging environments. The technology lets officers quickly identify heat sources, such as human bodies, even in dense foliage or debris. Thermal imaging contributes to wildlife conservation efforts by enabling researchers to monitor nocturnal animals without disturbing their natural behavior. This is particularly useful in studying elusive or endangered species.

The Commercial Surveillance segment is experiencing a CAGR of 9.7% during (2023 - 2030). Night vision cameras are a deterrent to criminal activities, as potential intruders are less likely to engage in unlawful behavior if they know they are being monitored, even in the dark. Night vision devices enable continuous surveillance around the clock, allowing businesses to monitor their premises during both day and night. This constant monitoring enhances overall security and helps quickly detect suspicious activities. Night vision devices are employed to secure the perimeters of commercial facilities, including industrial sites, office buildings, and critical infrastructure. This helps in the early detection of unauthorized access and potential security breaches.

Full Report: https://www.kbvresearch.com/night-vision-devices-market/

The North America region dominated the Global Night Vision Devices Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.7 billion by 2030. The Asia Pacific region is anticipating a CAGR of 9.9% during (2023 - 2030). Additionally, The Europe region would exhibit a CAGR of 9% during (2023 - 2030).

List of Key Companies Profiled

Vista Outdoor, Inc.
L3Harris Technologies, Inc.
Teledyne FLIR LLC (Teledyne Technologies Incorporated)
BAE Systems PLC
Thales Group S.A.
RTX Corporation
Elbit Systems Ltd.
Leonardo SpA (Leonardo DRS, Inc.)
ATN Corporation
EOTECH, LLC.

Night Vision Devices Market Report Segmentation

By Mounting Type

Stationary
Portable

By Device Type

Cameras
Goggles
Binoculars & Monoculars
Scope

By Technology

Thermal Imaging
Image Intensification
Infrared Illumination
Digital Imaging

By Application

Law Enforcement
Commercial Surveillance
Navigation
Wildlife Surveillance
Others

By Geography

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA