Night Vision Goggles (NVG) is a special type of night vision device. The Night Vision Goggles do not have any magnification and this allows you to use them while in motion mounted on your head, perfect for night gaming, orienteering, driving, safeguarding and search and rescue applications. They often come with straps or Headgear to fit onto your head for use without hands.
Globally, the Night Vision Goggles industry market is low concentrated as the manufacturing technology of Night Vision Goggles is relatively matures than some high-tech equipment. And some enterprises, like Orpha, Armasight, ATN, Yukon, etc. are well-known for the wonderful performance of their Night Vision Goggles and related services. At the same time, North America, occupied 44.78% sales market share in 2016, is remarkable in the global Night Vision Goggles industry because of their market share and technology status of Night Vision Goggles.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Night Vision Goggles market to approach these areas. QYR analysis of the Night Vision Goggles market indicated that North America would account for the highest sales in 2025 with close to 44 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
In the coming years there is an increasing demand for Night Vision Goggles in the regions of United States and Europe that is expected to drive the market for more advanced Night Vision Goggles. Increasing of residential fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Night Vision Goggles will drive growth in United States and Europe markets.
The Night Vision Goggles Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Night Vision Goggles industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Night Vision Goggles by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Night Vision Goggles market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Night Vision Goggles market for 2015-2027.
Key Companies
Orpha
Armasight
ATN
Yukon
Night Optics
Bushnell
NVT
KATOD
ROE
Night Owl
Night Vision Goggles Market by Type
Image Intensifier
Thermal Image
Night Vision Goggles Market by Application
Industrial
Residential
Night Vision Goggles Market by Region
United States
Europe
China
Japan
Other Regions
Night Vision Goggles Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
At the same time, we classify Night Vision Goggles according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Night Vision Goggles market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Night Vision Goggles market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Night Vision Goggles market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Night Vision Goggles market for the forecast period 2021 - 2027?
• What are the driving forces in the Night Vision Goggles market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Night Vision Goggles industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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