The Worldwide Night Vision Device Industry is Expected to Reach $13.7 Billion by 2026
DUBLIN, March 8, 2022 /PRNewswire/ -- The "Worldwide Night Vision Device Industry" report has been added to ResearchAndMarkets.com's offering.
The Global Night Vision Device Market is estimated to be USD 8.25 Bn in 2021 and is expected to reach USD 13.71 Bn by 2026, growing at a CAGR of 10.70%.
The growing quality of the devices among nature enthusiasts and life researchers may propel the demand. Moreover, the affordable value and technical practicability of providing troopers with sight devices capable of manufacturing color pictures square measure expected to drive the market growth. Law Enforcement authorities use night eyeglasses to conduct activity and confirm the mission readiness of the defense personnel. The rise in terrorist attacks, political tension over boundaries, and security safety light-emitting diode huge demand for NVDs across the military and defense business.
Some of the companies covered in this report are Flir Systems, Exelis Inc., L3 Technologies, American technologies Network corp., Elbit Systems, Rockwell Collins Inc., Bae systems Plc., Leonardo S.p.A, Thales group, Night vision devices, N-Vision Optics, Safran Vectronix AG, Adams Industries Inc., Exelitas Technologies Corp, Opgal Optronic industries Ltd, etc.
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Key Topics Covered:
10 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/qd39tq
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SOURCE Research and Markets