TMCnet News
Night Vision Device Market by Device Type , Technology, By Application and by Geography - Global Forecast to 2020NEW YORK, Feb. 8, 2016 /PRNewswire/ -- The night vision device market is expected to grow from USD 5.07 billion in 2015 to USD 7.73 billion by 2020, at a CAGR of 8.8% during the forecast period. The factors driving the night vision device market are technological innovation, increase in armed conflicts, and civil & commercial applications of NVD. - By Company Type: Tier 1 – 55 %, Tier 2 – 20%, and Tier 3 – 25% - By Designation: C level – 60%, Director level – 25%, Others – 15% - By Region: North America – 10%, Europe – 20%, APAC – 40%, RoW – 30% Almost every country in the world is investing significantly to modernize their armed forces. With modernization every county wants to enhance its range and increase its surveillance capacity, mobility, lethality and further ignite the demand of night vision devices. The various key market players profiled in the report are as follows: 1. FLIR SYSTEMS 2. EXELIS INC. 3. L-3 Communication 4. American technologies network Corp. 5. Elbit systems 6. Rockwell Collins, Inc. 7. BAE systems 8. Thales group S.A. The report will help the market leaders/new entrants in this market in the following ways: 1. This report segments the night vision device market comprehensively and provides the closest approximation of the revenue numbers for the overall market and the subsegments across the different verticals and regions. 2. The report helps stakeholders to understand the pulse of the market, and provides them information on key market drivers, restraints, challenges, and opportunities. 3. This report will help stakeholders to better understand the competitors and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, newproduct develpoments, partnerships, mergers and acquisitions. Read the full report: http://www.reportlinker.com/p03599070-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/night-vision-device-market-by-device-type--technology-by-application-and-by-geography---global-forecast-to-2020-300216726.html SOURCE Reportlinker |