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U.S. Night Vision Device Market poised to Show Decent Growth Worldwide by 2024

The U.S. night vision device market size is expected to be worth USD 4.39 billion by 2025. Surging demand for night vision devices from the military sector is one of the key trends escalating market growth.

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U.S. Night Vision Device Market poised to Show Decent Growth Worldwide by 2024

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  1. Your Catalyst to a Lucrative Business U.S. Night Vision Device Market Share, Size, Key Players, Outlook and Forecasts to 2025 | HexaResearch “ The U.S. night vision device market size is expected to be worth USD4.39 billion by2025.” 14 January2019 The U.S. night vision device marketsize is expected to be worth USD 4.39 billion by 2025. Surging demand for night vision devices from the military sector is one of the key trends escalating market growth. The tremendous growth of the military sector is projected to drive the market over the future period. Basically, theyareusedfordetectingobjectsoverlongdistancesandinhigh-speedimagininginmilitaryoperations. NVDs (Night Vision Devices) are used in broad number of applications including surveillance, security, military, hidden object detection, hunting, paranormal research, navigation, and others. Use of electronic and optics devices dates back to world wars. Before the introduction of NVDs, substrate night wafer cameras and thermal imagining equipment were used. Owing to technological advancements in the electronics and optics industry, NVDs were introduced. Sooner after their introduction, the market for NVDs gained significant traction owing to cost-effectiveness and wide category of features it offers when compared to other technologies existing in themarket. High manufacturing cost is anticipated to hamper market growth over the next coming years. Though, factors such as increasing need for technologically-advanced devices, rising technological advancements in the area of electronics and optics, and rising expenditure of military sector on modernization are expected tobethekeygrowthstimulantsofthemarket.U.S.heldthelargestshareintheglobalmarketfornight FollowUs:

  2. Your Catalyst to a Lucrative Business • vision devices on account of high rate of deployment of these equipment in different sectors. Rapid upgradation and advancements in technology along with domicile of a raft of industry participants are impelling development of the market in thecountry. • Browse Details of Report @https://www.hexaresearch.com/research-report/us-fiber-optics-market • A major difference between old and modern devices is emergence of image intensifying and thermal imagining. Image intensifying technologies needs greater amount of light than thermal imagining devices to produce illuminated image of environment by absorbing available light. In divergence, thermal imagining systems and other modern night vision systems do not need light as they show an image with better clarity by detecting nearby IR radiations that are produced by objects in the environment. NVDs and thermal imaging devices convert invisible radiations to visible spectrum on display. • The U.S. night vision device market is segmented into infrared systems and light amplification systems on the basis of equipment type. NVDs include night vision googles, cameras, monocular, binoculars, scopes, and other devices. The industry is expected to record tremendous growth owing to wide application scope of NVDs in military, surveillance, and security for detection of hidden object, hunting, paranormal research, navigation finding, and otherapplications. • A large number of companies are operating in the industry. Some of the key players are Harris Corporation; ASU, Inc.; Ball Aerospace; Leonardo DRS; and General Dynamics Mission Systems, Inc. Companies are undergoing several mergers and acquisitions in order to enhance production capacity of their existing manufacturing units. Robust growth of the military sector and rising expenditure of the government in modernizing and purchasing advanced equipment are unfolding ample of growth opportunities for the market inU.S. • Hexa Research has segmented the U.S. night vision equipment/device market report based on type and end-user • Segmentation by Type, 2015 - 2025 (USDBillion) • ComputerSystems • Televisions • Mobiledevices • Segmentation by End-User, 2015 - 2025 (USDBillion) • Metal Wholesalers andreprocessors • Electronic goodsmanufacturers • Others • Key playersanalyzed • HarrisCorporation • ASU,Inc. FollowUs:

  3. Your Catalyst to a Lucrative Business • BallAerospace • LeonardoDRS • General Dynamics Mission Systems,Inc. • Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/communications- infrastructure-industry • AboutUs: • Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growthinitiatives. • ContactUs: • Ryan Shaw HexaResearch • Felton Office Plaza 6265 Highway9 • Felton, California 95018 UnitedStates • Phone:+1-800-489-3075 • Email:sales@hexaresearch.com • Website -https://www.hexaresearch.com FollowUs:

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