Market Development : Night Vision Systems Market Globally Grow at a CAGR of 7.54% by Revenue During the Period 2017-2021

ResearchMoz presents professional and in-depth study of "Global Night Vision Systems Market 2017-2021".

Night vision devices, with the help of different lenses, enable users seeing objects in the low-light conditions such as moonlight, starlight, and infrared (IR) light. Photocathode tubes convert photons of light into electrons. Electrons are then converted to visible light by throwing them against a phosphorous screen. Hence, it makes objects visible even in a dark environment. Because of the improved safety concerns, night vision systems have become a part of advanced safety systems. These improved safety features, which are a part of advanced driver assistance systems (ADAS), also work well in adverse conditions such as bad weather and poor visibility in night. Night vision systems use various sensors to receive emissions of IR or thermal radiation of objects.

Technavios analysts forecast the global night vision systems market to grow at a CAGR of 7.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global night vision systems market for 2017-2021. To calculate the market size the report include shipments of night vision devices along with night vision systems used in the automotive sector and the sales of night vision devices are considered for revenue calculation.

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The market is divided into the following segments based on geography:

Technavio's report, Global Night Vision Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BAE Systems
Elbit Systems
FLIR Systems

Other prominent vendors
ATN Corporation
L-3 Technologies
Meopta - optika
Newcon Optik
Sofradir EC

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Market driver
Rising government investments in military devices.
For a full, detailed list, view our report

Market challenge
High expense of night vision systems used in automotive sector.
For a full, detailed list, view our report

Market trend
Growing adoption of night vision systems in smartphones.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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