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US Night Vision Device Market Share

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The U.S. night vision equipment market size is expected to be worth USD 4.39 billion by 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.”
15 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
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6.3.3. Ball Aerospace
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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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives.
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