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.
What is Night Vision Device Market?
Night vision device will enable the ability to see in dark or low intensity light Night vision devices has been very prominent in the field of military and defense. The equipment’s such as night vision googles, binoculars and scopes provide assistant to solider during dark. Night vision devices has been segmented based on the components used. The different components used in night vision devices are image intensifier tubes, front lens, photo cathode, eyepiece and many more. Image intensifier tubes are capable of detecting and amplifying low level images formed by weak emissions. Photo electrode is negatively charged electrode used in light detecting devices such as image intensifier, phototube which is coated with photosensitive compound.
What are the major applications for Night Vision Device Market?
The major applications of night vision device market includes research institutions, material testing, hunting, security, navigation, wild life observation. Soldiers use night vision devices while defending an area or while scanning for opposition.
Market Research and Market Trends of Night Vision Device Market:
- The Ring Spotlight Cam monitors homes, allowing users to see, hear, and speak to anyone on the property from a phone, tablet, or PC. It offers 1080HD video, a wide-angle camera lens, a built-in microphone and speakers, and infrared night vision sensors.
- Recently IBM has received a patent for inventing a technology in Google Glass. A red-color projector is included for each eyeglass lens. When the Google glass user enters a low-light environment the projectors automatically project red light into each eye. This glasses projects a higher contrast images giving the glasses a night vision googles kind of a feel.
- BAE system announced a new type of headset that combined night vision and thermal imaging technologies. The new goggle which is attached to a weapon stream a live video feed from the thermal weapon sight via Bluetooth. By integrated night vision and thermal imaging capabilities into one displays the view on the goggle, this headset will enhance the soldier’s capabilities of acquiring and engaging targets.
- The snooper scope smartphone attachment is night vision lens which can be that attached to a cellphones camera to let users have expert vision while in the dark. The device is directly attached on to smartphones making it an affordable attachment to have in the place of a set of expensive binoculars. This device can be easily dismounted after the use.
Who are the Major Players in Industry and Factory Automation market?
The companies referred in the market research report includes ABB Ltd, Emerson electronic Co, Siemens AG, Kuka AG, fanuc Corporation, Schneider Electric SE, Yokogawa Electric Corporation and more than 10 other companies.
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