DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wvhm9s/night_vision) has announced the addition of the "Night Vision Devices (2015 - 2020): By Type (Night Vision Goggles, Night Vision Monocular, Night Vision Binocular, Others); Components; Application" report to their offering.
The report estimates the global Night Vision Devices market size to be around $11 billion in 2013 and this is expected to increase to around $14 billion by 2020, growing at a CAGR of 2.98% during the forecast period.
Night Vision devices has been very prominent in the field of Military/Defense, the equipment's such as Night Vision Goggles, Night Vision Binoculars, Night Vision Scopes provide assistance to the solider during dark. Night Vision Devices have successful application in other sectors such as Security, Surveillance, Search and Rescue, etc.
Night vision Devices are categorized under Electro Optic Systems. The market revenue of Night Vision Devices had experienced a significant drop in the year 2013. The global Electro Optics is estimated to grow by 2.98 per cent by 2020. Military is the major industrial user of Night Vision Devices, It is found that US Military budget for the year 2015 is $637 Billion, and various other countries have been investing more on Military equipment's up-gradation. Japan has projected defense expenditure to be $42 Billion for the year 2015.
Homeland security is a key application for Night vision devices in today's market. Photonis USA, Inc being leader in night vision sensor technologies has taken up development projects in Homeland Security which can detect presence of Gas, chemical, Radiation, Etc. Increasing developments in surveillance, security and other sectors will contribute to the growth of Night Vision Devices market.
Key Topics Covered:
1. Night Vision Devices - Market Overview
2. Executive Summary
3. Night Vision Devices - Market Landscape
4. Global Night Vision Devices - Market Forces
5. Global Night Vision Devices Market - Strategic Analysis
6. Global Night Vision Devices Market - By Category
7. Global Night Vision Devices Market - By Components
8. Global Night Vision Devices Market - By Application
9. Global Night Vision Devices Market - Geographic Analysis
10. Market Entropy
11. Investment Opportunities - Analysis by Target companies/customers, Capital Investments, ROI, Payback Period and Source of Funds.
12. Company Profiles
- FLIR Systems, Inc.
- SAT Infrared Technology CoLTD (SATIR)
- Thermoteknix Systems Ltd.
- Spectroscopy Instruments GMBH
- Newcon Optik (Division of Newcon International Ltd.)
- American Technologies Network Corp.
- Armasight, Inc.
- Aurora Tactical, LLC
- Carson Industries, Inc.
- Exelis Inc.
- Hoffman Engineering Pty Ltd
- Intevac Photonics, Inc.
- L-3 Warrior Systems, Inc.
- Nightline, Inc.
- Nivisys, LLC
- N-Vision Optics, LLC
- Photonis USA, Inc
- Topag Lasertecknic GMBH
- Lexel Imaging System Inc.
- ProxiVision GMBH
- Meopta U.S.A., Inc.
For more information visit http://www.researchandmarkets.com/research/wvhm9s/night_vision
