Night Vision Goggles Market Size, Trends and Insights By Product Type (Image Enhancement, Thermal Night Vision Goggles, Infrared Night Vision Goggles), By Application (Defense and Military, Law Enforcement and Security, Surveillance and Monitoring), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- ATN Corp.
- Collins Aerospace
- Meopta
- Visa Outdoor Operations LLC
- L3 Technologies Inc.
- L3Harris Technologies Inc.
- Others
Reports Description
Global Night Vision Goggles Market was valued at USD 240.5 Million in 2024 and is expected to reach USD 347.6 Million by 2033, at a CAGR of 5.7% during the forecast period 2024 – 2033.
Night vision goggles are optical equipment that enable people to see in low light or darkness. They function by enhancing ambient light, such as moonlight or stars, or by detecting heat from objects using infrared technology.
Night Vision Goggles Market: Growth Factors
Demand for infrared-based night vision goggles
Infrared-based night vision goggles are a driving force in the night vision goggles market owing to their capacity to provide enhanced visibility in low-light or no-light conditions. Unlike standard night vision goggles, which just enhance existing light, infrared-based goggles use infrared technology to detect thermal radiation released by objects and turn them into visual pictures.
This allows users to see even in full darkness, making them ideal for military, law enforcement, search and rescue, and surveillance purposes. One advantage of infrared-based night vision goggles is their ability to penetrate smoke, fog, and dust, which can block visibility for other types of night vision equipment.
Moreover, their adaptability to a wide range of environmental circumstances, from urban settings to dense woods or hilly terrain, makes them an excellent choice for professionals working in a variety of environments. Furthermore, advances in infrared technology have resulted in improved picture quality, range, and dependability, driving its use in vital activities.
As the demand for improved situational awareness and night-time operations grows in the military and security sectors, the infrared-based night vision goggles segment is set to expand significantly, driving innovation and competition in the worldwide night vision goggles market.
Surge in terrorist activities
The market for night vision goggles has grown significantly as a result of the increase in terrorist activity, which has raised demand for sophisticated security and surveillance gear. Terrorist groups often operate under the cover of darkness, making night vision technology a crucial asset for law enforcement, military, and security agencies combating such threats.
Night vision goggles provide the capability to see in low-light or nighttime conditions by amplifying available light, including infrared radiation, to produce a clearer image. Investments in night vision technologies are increasing as security agencies and governments look to improve their capacity to identify and eliminate terrorist threats.
These goggles improve situational awareness and response capabilities in urban, rural, and border contexts in addition to giving personnel a tactical advantage in counterterrorism operations by enabling them to carry out covert surveillance and reconnaissance missions under the cover of darkness.
The industry has also grown as a result of the development of night vision technology, which includes improvements in thermal imaging and digital night vision systems. These developments provide enhanced performance, robustness, and adaptability in difficult operating environments.
As a result, the need to protect national security and fight terrorism in an increasingly complex threat scenario has led to a notable expansion of the night vision goggles market globally.
Night Vision Goggles Market: Restraints
High cost
Data privacy issues are important impediments to the growth of the contactless biometrics technologies industry. While contactless biometrics provide convenience and security, they also capture and analyse sensitive personal information, which raises customer concerns about data exploitation or mismanagement.
The incorporation of biometric technology into everyday life, such as for access control, payments, and identity verification, exacerbates these issues as people worry about unwanted access or data breaches. Furthermore, the storage and transfer of biometric data pose complicated security risks, such as identity theft and covert surveillance.
Data protection regulatory frameworks, such as the General Data Protection Regulation (GDPR) in Europe and similar laws elsewhere, place stringent restrictions on the collection, storage, and processing of biometric information, complicating the development and deployment of contactless biometric solutions.
As a result, businesses encounter challenges in establishing customer trust and meeting regulatory criteria, limiting the widespread use and market penetration of contactless biometrics technology.
Night Vision Goggles Market: Opportunities
Innovation in thermal imaging and augmented reality
The augmentation of augmented reality (AR) and thermal imaging technologies has driven the night vision goggles market. Users can now see well in total darkness, inclement weather, and even through obstructed areas like smoke or fog thanks to thermal imaging, which detects heat radiated by objects rather than depending on visible light.
Because of this development, night vision goggles are now used in areas other than law enforcement and the military, like search and rescue, firefighting, and animal observation. By superimposing digital data over the user’s actual view, augmented reality offers still another level of sophistication while improving situational awareness and operational efficiency.
Night vision goggles that combine AR and thermal imaging can give users critical data overlays like maps, navigational cues, or target information right in their field of view, facilitating quicker decision-making and better mission outcomes.
In addition to improving the functionality and adaptability of night vision goggles, this convergence of thermal imaging and augmented reality technology creates new avenues for commercial expansion and innovation across a range of industries.
Night Vision Goggles Market: Segmentation Analysis
The global Night Vision Goggles market is segmented by product type, application, and region. Based on product type, the market is classified into image enhancement, thermal night vision goggles and infrared night vision goggles. Image Enhancement dominated the market in 2023 with a market share of 60.3% and is expected to keep its dominance during the forecast period 2024-2033.
The market for night vision goggles has advanced significantly as a result of the incorporation of picture enhancing technologies. These developments greatly increase the efficacy and utility of night vision systems by enhancing the clarity and visibility of photographs taken in dim or dark conditions.
Image enhancement systems amplify ambient light, including infrared radiation, to create sharper, more detailed images by using complex algorithms and sensor technology. This makes it possible for wearers of night vision goggles to navigate and function in a variety of situations with enhanced situational awareness, from hunting and nocturnal exploration to military operations and law enforcement operations.
Furthermore, the ongoing advancements in image enhancing methods have resulted in the creation of night vision goggles that are lighter, more portable, and more reasonably priced, increasing their availability to a wider range of consumers and businesses. Because of this, the market for night vision goggles has grown significantly.
This growth has been fuelled by the growing need for improved vision in both professional and recreational settings, as well as ongoing technological advancements aimed at further improving affordability and performance.
Based on application, the market is classified into defense and military, law enforcement and security and surveillance and monitoring. Face dominated the market in 2023 with a market share of 44.5% and is expected to keep its dominance during the forecast period 2024-2033.
The market for night vision goggles is mostly driven by the defense and military industries, which spur demand and innovation with their strict regulations and cutting-edge technology. Military troops need night vision goggles to see and navigate in low light or complete darkness.
Detecting threats, conducting reconnaissance, and coordinating actions with better precision in the dark lead to improved situational awareness and operational success. The necessity for night vision equipment is more pressing as defense policies place a greater emphasis on counterinsurgency and asymmetric warfare, which propels ongoing research and development in the field.
The need for sophisticated night vision systems is further fuelled by the fact that conflict is increasingly evolving into urban, densely populated areas, necessitating the use of equipment that can provide tactical advantages in challenging conditions.
Additionally, because of the ongoing tensions and conflicts around the world, defense budgets all over the world continue to devote a significant amount of money to improving night vision capabilities.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 240.5 Million |
Projected Market Size in 2033 | USD 347.6 Million |
Market Size in 2023 | USD 234.1 Million |
CAGR Growth Rate | 5.7% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Product Type, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Night Vision Goggles Market: Regional Analysis
By region, the Night Vision Goggles market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominated the global Night Vision Goggles market in 2023 with a market share of 39.1% and is expected to keep its dominance during the forecast period 2024-2033.
North America significantly drives the night vision goggles market through a combination of technological innovation, military expenditure, and widespread adoption across various sectors.
The region’s strong defense industry, which is supported by large military budgets and an unwavering pursuit of technological superiority, is the main driver behind the creation and acquisition of cutting-edge night vision technologies.
Leading producers and academic institutions that focus on optics and image technologies are also present, which encourages innovation in the North American market. Night vision goggles are widely used in law enforcement, security, search and rescue operations, and leisure pursuits like hunting and wildlife observation in addition to their military uses.
Furthermore, the growing use of surveillance systems and increased security concerns fuel the continuous need for night vision technology in North America’s public and commercial sectors.
North America is well-positioned to maintain its leadership position in propelling the expansion and development of the global night vision market, as technical breakthroughs further improve the performance and cost of night vision goggles, in addition to extending their uses beyond conventional military applications.
Night Vision Goggles Market: Recent Developments
- In September 2021, The US Army and L3Harris Technologies, Inc. agreed to a $100 million deal for the delivery of ENVG-B (enhanced night vision goggle-binocular) systems. The soldiers may more accurately target, engage, and neutralize threats with this integrated equipment without having to worry about being discovered.
- In March 2022, the 27-inch ShadowSense touchscreen technology was unveiled by Baanto International for the armed forces. The Night Vision Imaging Systems (NVIS) standards are met by this touchscreen, enabling mission deployment regardless of ambient light levels.
- In December 2021, Thales developed XTRAIM, a new weapon sight that offers day/night de camouflage capabilities that were previously only possible by employing several other pieces of gear.
List of the prominent players in the Night Vision Goggles Market:
- ATN Corp.
- Collins Aerospace
- Meopta
- Visa Outdoor Operations LLC
- L3 Technologies Inc.
- L3Harris Technologies Inc.
- FLIR Systems Inc.
- SATIR
- BAE Systems
- Bharat Electronics
- Thales
- Raytheon Technologies Corporation
- Bushnell
- Yukon Advanced Optics Worldwide
- Adorama Camera Inc
- Elbit Systems Ltd
- NewconOptik
- Nivisys LLC
- Optix Ltd.
- PYSER-SGI Ltd.
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Night Vision Goggles Market is segmented as follows:
By Product Type
- Image Enhancement
- Thermal Night Vision Goggles
- Infrared Night Vision Goggles
By Application
- Defense and Military
- Law Enforcement and Security
- Surveillance and Monitoring
By Distribution Channel
- Hypermarkets/Supermarkets
- Electronic Stores
- Specialty Stores
- Online
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Night Vision Goggles Market, (2024 – 2033) (USD Billion)
- 2.2 Global Night Vision Goggles Market: snapshot
- Chapter 3. Global Night Vision Goggles Market – Industry Analysis
- 3.1 Night Vision Goggles Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Demand for infrared-based night vision goggles
- 3.2.2 Surge in terrorist activities
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product Type
- 3.7.2 Market Attractiveness Analysis By Application
- Chapter 4. Global Night Vision Goggles Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Night Vision Goggles Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Night Vision Goggles Market – Product Type Analysis
- 5.1 Global Night Vision Goggles Market Overview: By Product Type
- 5.1.1 Global Night Vision Goggles Market Share, By Product Type, 2023 and 2033
- 5.2 Image Enhancement
- 5.2.1 Global Night Vision Goggles Market by Image Enhancement, 2024 – 2033 (USD Billion)
- 5.3 Thermal Night Vision Goggles
- 5.3.1 Global Night Vision Goggles Market by Thermal Night Vision Goggles, 2024 – 2033 (USD Billion)
- 5.4 Infrared Night Vision Goggles
- 5.4.1 Global Night Vision Goggles Market by Infrared Night Vision Goggles, 2024 – 2033 (USD Billion)
- 5.1 Global Night Vision Goggles Market Overview: By Product Type
- Chapter 6. Global Night Vision Goggles Market – Application Analysis
- 6.1 Global Night Vision Goggles Market Overview: By Application
- 6.1.1 Global Night Vision Goggles Market Share, By Application, 2023 and 2033
- 6.2 Defense and Military
- 6.2.1 Global Night Vision Goggles Market by Defense and Military, 2024 – 2033 (USD Billion)
- 6.3 Law Enforcement and Security
- 6.3.1 Global Night Vision Goggles Market by Law Enforcement and Security, 2024 – 2033 (USD Billion)
- 6.4 Surveillance and Monitoring
- 6.4.1 Global Night Vision Goggles Market by Surveillance and Monitoring, 2024 – 2033 (USD Billion)
- 6.1 Global Night Vision Goggles Market Overview: By Application
- Chapter 7. Night Vision Goggles Market – Regional Analysis
- 7.1 Global Night Vision Goggles Market Regional Overview
- 7.2 Global Night Vision Goggles Market Share, by Region, 2023 & 2033 (USD Billion)
- 7.3. North America
- 7.3.1 North America Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.3.1.1 North America Night Vision Goggles Market, by Country, 2024 – 2033 (USD Billion)
- 7.3.1 North America Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.4 North America Night Vision Goggles Market, by Product Type, 2024 – 2033
- 7.4.1 North America Night Vision Goggles Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.5 North America Night Vision Goggles Market, by Application, 2024 – 2033
- 7.5.1 North America Night Vision Goggles Market, by Application, 2024 – 2033 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.6.1.1 Europe Night Vision Goggles Market, by Country, 2024 – 2033 (USD Billion)
- 7.6.1 Europe Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.7 Europe Night Vision Goggles Market, by Product Type, 2024 – 2033
- 7.7.1 Europe Night Vision Goggles Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.8 Europe Night Vision Goggles Market, by Application, 2024 – 2033
- 7.8.1 Europe Night Vision Goggles Market, by Application, 2024 – 2033 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.9.1.1 Asia Pacific Night Vision Goggles Market, by Country, 2024 – 2033 (USD Billion)
- 7.9.1 Asia Pacific Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.10 Asia Pacific Night Vision Goggles Market, by Product Type, 2024 – 2033
- 7.10.1 Asia Pacific Night Vision Goggles Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.11 Asia Pacific Night Vision Goggles Market, by Application, 2024 – 2033
- 7.11.1 Asia Pacific Night Vision Goggles Market, by Application, 2024 – 2033 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.12.1.1 Latin America Night Vision Goggles Market, by Country, 2024 – 2033 (USD Billion)
- 7.12.1 Latin America Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.13 Latin America Night Vision Goggles Market, by Product Type, 2024 – 2033
- 7.13.1 Latin America Night Vision Goggles Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.14 Latin America Night Vision Goggles Market, by Application, 2024 – 2033
- 7.14.1 Latin America Night Vision Goggles Market, by Application, 2024 – 2033 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Night Vision Goggles Market, by Country, 2024 – 2033 (USD Billion)
- 7.15.1 The Middle-East and Africa Night Vision Goggles Market, 2024 – 2033 (USD Billion)
- 7.16 The Middle-East and Africa Night Vision Goggles Market, by Product Type, 2024 – 2033
- 7.16.1 The Middle-East and Africa Night Vision Goggles Market, by Product Type, 2024 – 2033 (USD Billion)
- 7.17 The Middle-East and Africa Night Vision Goggles Market, by Application, 2024 – 2033
- 7.17.1 The Middle-East and Africa Night Vision Goggles Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 ATN Corp.
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Collins Aerospace
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Meopta
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Visa Outdoor Operations LLC
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 L3 Technologies Inc.
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 L3Harris Technologies Inc.
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 FLIR Systems Inc.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 SATIR
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 BAE Systems
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 Bharat Electronics
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Thales
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Raytheon Technologies Corporation
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Bushnell
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Yukon Advanced Optics Worldwide
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 Adorama Camera Inc
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.16 Elbit Systems Ltd
- 8.16.1 Overview
- 8.16.2 Financials
- 8.16.3 Product Portfolio
- 8.16.4 Business Strategy
- 8.16.5 Recent Developments
- 8.17 NewconOptik
- 8.17.1 Overview
- 8.17.2 Financials
- 8.17.3 Product Portfolio
- 8.17.4 Business Strategy
- 8.17.5 Recent Developments
- 8.18 Nivisys LLC
- 8.18.1 Overview
- 8.18.2 Financials
- 8.18.3 Product Portfolio
- 8.18.4 Business Strategy
- 8.18.5 Recent Developments
- 8.19 Optix Ltd.
- 8.19.1 Overview
- 8.19.2 Financials
- 8.19.3 Product Portfolio
- 8.19.4 Business Strategy
- 8.19.5 Recent Developments
- 8.20 PYSER-SGI Ltd.
- 8.20.1 Overview
- 8.20.2 Financials
- 8.20.3 Product Portfolio
- 8.20.4 Business Strategy
- 8.20.5 Recent Developments
- 8.21 Others.
- 8.21.1 Overview
- 8.21.2 Financials
- 8.21.3 Product Portfolio
- 8.21.4 Business Strategy
- 8.21.5 Recent Developments
- 8.1 ATN Corp.
List Of Figures
Figures No 1 to 20
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- ATN Corp.
- Collins Aerospace
- Meopta
- Visa Outdoor Operations LLC
- L3 Technologies Inc.
- L3Harris Technologies Inc.
- FLIR Systems Inc.
- SATIR
- BAE Systems
- Bharat Electronics
- Thales
- Raytheon Technologies Corporation
- Bushnell
- Yukon Advanced Optics Worldwide
- Adorama Camera Inc
- Elbit Systems Ltd
- NewconOptik
- Nivisys LLC
- Optix Ltd.
- PYSER-SGI Ltd.
- Others
FAQs
The major driver for the Night Vision Goggles market demand for infrared-based night vision goggles and surge in terrorist activities.
The “Defense and Military” had the largest share in the global market for Night Vision Goggles.
The “Image Enhancement” category dominated the market in 2023.
The key players in the market are ATN Corp., Collins Aerospace, Meopta, Visa Outdoor Operations LLC, L3 Technologies Inc. , L3Harris Technologies Inc., FLIR Systems Inc., SATIR , BAE Systems, Bharat Electronics, Thales, Raytheon Technologies Corporation, Bushnell, Yukon Advanced Optics Worldwide, Adorama Camera Inc, Elbit Systems Ltd, NewconOptik, Nivisys LLC, Optix Ltd., PYSER-SGI Ltd., Others.
“North America” had the largest share in the Night Vision Goggles Market.
The global market is projected to grow at a CAGR of 5.7% during the forecast period, 2024-2033.
The Night Vision Goggles Market size was valued at USD 240.5 Million in 2024.