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Global Night Vision Devices Market is valued $17,128 million in the year 2017 and is anticipated to grow with a CAGR of 7.0% from the year 2018 to 2023. Night vision devices is segmented based on the different categories in which goggles is valued high and followed by cameras which are having the market share of $7,940 and $7,547 in the year 2017 and is expected to grow with a CAGR of 6.3% and 7.4% respectively from the year 2018 to 2023.
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Night Vision Devices Market is growing with a CAGR of 7.0% during the forecast year 2019 to 2024. Contact : sales@industryarc.com
Americas region holds the largest market share and growth in the Night Vision Devices Market, and is anticipated to reach $4.9 billion by 2023 at a CAGR of 12.4%. However, APAC witnesses highest growth during the forecast period and is expected to reach $3.5 billion by 2023 at a CAGR of 14.7%. The use of Night Vision Devices has seen an upsurge in this region due to the increased focus on public security and surveillance. Contact: sales@industryarc.com
Selected Analysis Done in the Full Report: • The product life cycle analysis for night vision devices consists of four significant stages, namely manufacturing, certification & testing, distribution, end-user and recycling. The night vision devices pass through each stage during its life-cycle. • In its first stage, the desired night vision device will be created and is simulated in the R&D of either a manufacturer or academic universities/ research institutes, through the fabrication of a prototype. The prototype is subjected to several developing and testing phases before the specifications for commercial product are finalized. Contact : sales@industryarc.com
Excerpts on Market Growth Factors: • The Night Vision Device Market is currently in the growth stage and is slowly shifting towards the mature stage. • The growth for Night Vision Devices is seen due to increased adoption in the commercial market, especially in the security and surveillance segments. • Night Vision Goggles are forecast to remain the leading market through 2020 to reach $9.3 billion at a CAGR of 6.3%. • The Night Vision Camera Market is projected to exhibit the highest revenue growth from $5.7 billion in 2014 to reach $9 billion through 2020. Contact : sales@industryarc.com
Key Players of the Night Vision Devices Market ATN Corp(U.S.) ExelisInc. FLIR Systems, Inc Raytheon Co. L3 Communications Holding, Inc And 15+ more Download Sample Report Contact : sales@industryarc.com
You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com
About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com
