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(IT-NEWSWIRE.COM, October 07, 2018 ) The key factors driving the growth of night vision device market include, rising military expenditure & modernization, increased requirement of advanced and enhanced night vision devices, and emerging technology. Moreover, factors such as wireless technology allied with night vision devices, development of night vision devices through thermal imaging, and lightweight night vision devices are the major trends that are expected to provide significant opportunities for night vision device market to grow. However, high initial cost and budgets cut have led to reduced procurement of night vision devices that may in turn hamper the night vision device market growth.
Night vision devices facilitate the capability to see in low intensity or dark light. There have been major technological advancements and developments in the area of electronics & optics that have endorsed production of night vision devices in order to assist in intensifying the images that are unlikely to be seen with bare eyes. These devices have been very significant in the field of military and defence, the equipment's including night vision cameras, goggles, and scopes provide assistance to the soldiers during low light or dark conditions.
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Leading Players:
1. L3 Technologies, Inc. 2. BAE Systems 3. Elbit Systems Ltd. 4. FLIR Systems, Inc. 5. Harris Corporation
The "Global Night Vision Device Market Analysis to 2025" is a specialized and in-depth study of the night vision device industry with a focus on the global market trend. The report aims to provide an overview of global night vision device market with detailed market segmentation by device, technology, application, and geography. The global night vision device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the night vision device market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global night vision device market based on device, technology and application. It also provides market size and forecast till 2025 for overall Night vision device market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.
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Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
Also, key night vision device market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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