Market Analysis Report U.S. Night Vision Device Market

Your Catalyst to a Lucrative Business U.S. Night Vision Device Market Share, Size, Key Players, Outlook and Forecasts to 2025 | Hexa Research “ The U.S. night vision device market size is expected to be worth USD 4.39 billion by 2025.” 14 January 2019 The U.S. night vision device market size is expected to be worth USD 4.39 billion by 2025. Surging demand for night vision devices from the military sector is one of the key trends escalating market growth. The tremendous growth of the military sector is projected to drive the market over the future period. Basically, they are used for detecting objects over long distances and in high-speed imagining in military operations. NVDs (Night Vision Devices) are used in broad number of applications including surv eillance, security, military, hidden object detection, hunting, paranormal research, navigation, and others. Use of electronic and optics devices dates back to world wars. Before the introduction of NVDs, substrate night wafer cameras and thermal imagining equipment were used. Owing to technological advancements in the electronics and optics industry, NVDs were introduced. Sooner after their introduction, the market for NVDs gained significant traction owing to cost-effectiveness and wide category of features it offers when compared to other technologies existing in the market. High manufacturing cost is anticipated to hamper market growth over the next coming years. Though, factors such as increasing need for technologically-advanced devices, rising technological advancements in the area of electronics and optics, and rising expenditure of military sector on modernization are expected to be the key growth stimulants of the market. U.S. held the largest share in the global market for night Follow Us: