ReportsnReports.com adds Global Night Vision Devices Market 2016-2020 latest research report, the analysts forecast the global night vision devices market to grow at a CAGR of 5.22% during the period 2016-2020.
Complete report on night vision devices market spread across 55 pages, analyzing 12 major companies and providing 31 data exhibits is now available at http://www.reportsnreports.com/reports/523298-global-night-vision-devices-market-2016-2020.html.
The global night vision devices market an analyst said popularity of the Snooper scope is raising among customers. A Snooper scope helps smartphones function like a night vision camera with the appropriate app in Android and iOS. It uses a magnetic grip to attach to the camera of the smartphone. A screw port is present at the bottom of Snooper scope, which can be mounted on a tripod. It can also be connected to the iPhone or Android device through Wi-Fi. It helps user take photographs and make HD videos and store them directly in the phone or a secure digital card. This product will drive market growth during the forecast period, as Snooper scope is expected to become popular among passionate professional photographers and individual customers.
According to the night vision devices market report, night vision devices find high application in military equipment such as guns. Based on investments made in the military, the exhibit below lists the top 10 nations with the highest military expenses. However, the US leads, as the country experiences significant demand for night vision devices. The Future Soldier 2030 Initiative was launched by the US Army in 2009 with the objective to equip soldiers with advanced equipment, weapons, and body armor. This initiative will help increase the adoption of night vision devices in the US. Order a copy of Global Night Vision Devices Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=523298.
This report covers the present scenario and the growth prospects of the global night vision devices market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the shipment of night vision devices.
Product-based Segmentation of the Night Vision Devices Market - Night vision goggles, Night vision cameras and Night vision scopes
Night vision devices market research analysts have estimated the night vision goggles product segment to account for approximately 47% of the total market share by 2020. The extensive use of night vision goggles in the military and law enforcement segments is a major factor that will result in the steady growth of this market segment during the next four years.
Segmentation by End User and Analysis of the Night Vision Devices Market – Civil and Military
The military segment dominated this market during 2015 and is anticipated to continue its market dominance until 2020 owing to the extensive use of night vision goggles, monoculars, and binoculars by soldiers. Night vision devices are in high demand among the Special Forces as they help soldiers to carry out activities like counter-terrorism, covert ops, hostage rescues, high-value targets, and person hunting. Extensive market research carried out by the analysts at has shown that the military market segment will post an impressive market value of nearly USD 4 billion by 2020.
The global market for night vision devices is characterized by the presence of players that are well established in the global night vision optics and thermal imaging markets. Since the market is growing steadily, startups such as Tonbo Imaging have entered this market to take advantage of the market’s growth potential.
Key players in the global night vision devices market: Armasight, ATN, BAE Systems, Elbit Systems, FLIR Systems, Harris, L-3 Communications, Meopta, Newcon Optik, Optix, Sofradir EC, Thales.
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