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COVID-19: Night Vision Devices Market 2020-2024 | Increased Applications In Military Operations to boost the Market Growth | Technavio
[September 01, 2020]

COVID-19: Night Vision Devices Market 2020-2024 | Increased Applications In Military Operations to boost the Market Growth | Technavio


Technavio has been monitoring the night vision devices market and it is poised to grow by $ 3.02 bn during 2020-2024, progressing at a CAGR of about 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Night Vision Devices Market 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Night Vision Devices Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is concentrated, and the degree of concentration will accelerate during the forecast period. American Technologies Network Corp., ASELSAN AS, BAE Systems Plc, Elbit Systems Ltd., FLIR Systems Inc., L3Harris Technologies Inc., Raytheon (News - Alert) Co., Thales Group, United Technologies Corp., and Vista Outdoor Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increased applications in military operations has been instrumental in driving the growth of the market. However, low adoption rate due to high cost might hamper market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts



Night Vision Devices Market 2020-2024: Segmentation

Night Vision Devices Market is segmented as below:


  • Type
    • Goggles
    • Cameras
    • Scopes
    • Others
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

Night Vision Devices Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The night vision devices market report covers the following areas:

  • Night Vision Devices Market Size
  • Night Vision Devices Market Trends
  • Night Vision Devices Market Industry Analysis

This study identifies an increase in military expenditure as one of the prime reasons driving the night vision devices market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Night Vision Devices Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist night vision devices market growth during the next five years
  • Estimation of the night vision devices market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the night vision devices market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of night vision devices market, vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Military - Market size and forecast 2019-2024
  • Civil - Market size and forecast 2019-2024
  • Market opportunity by Application

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Goggles - Market size and forecast 2019-2024
  • Cameras - Market size and forecast 2019-2024
  • Scopes - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Volume driver - Demand led growth
  • Volume driver - External factors
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • American Technologies Network Corp.
  • ASELSAN AS
  • BAE Systems (News - Alert) Plc
  • Elbit Systems Ltd.
  • FLIR Systems Inc.
  • L3Harris Technologies Inc.
  • Raytheon Co.
  • Thales (News - Alert) Group
  • United Technologies Corp.
  • Vista Outdoor Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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