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Night Vision Equipment Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Night Vision Equipment Manufacturing Market Research Report | Technology | Scientific Systems & Devices | Oct 2015

Into the night: Reduced defense spending will force NVD manufacturers to seek new markets

IBISWorld’s Night Vision Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
FLIR FLIR market share
Harris Corporation Harris Corporation market share
L-3 Communications Holdings Inc. L-3 Communications Holdings Inc. market share
Industry Statistics & Market Size
Revenue
$4bn
Annual Growth 10-15
-5.9%
Annual Growth 15-20
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Profit
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Employment
9,371
Businesses
38
Industry Analysis & Industry Trends

Over the past five years, conditions got dimmer for the Night Vision Equipment Manufacturing industry. The industry was minimally affected by the economic downturn, however, the recession eventually strained local and state government budgets, with governments having to cut down spending on law enforcement, including industry products, in order to balance their rising deficits. Additionally, the withdrawal of troops from the Middle East caused federal funding for defense to contract as well, adding to the decline in revenue. In the five years to 2020, the industry is projected to stabilize as defense and homeland security budgets are cut, yet demand from state and local governments rises.... purchase to read more

Industry Report - Industry Products Chapter

Infrared systems

Night vision devices and components based on infrared technology accounts for 65.4% of industry revenue. Devices in this category use various sensors and chemicals to detect infrared radiation and convert it into visible light. Thermal imaging devices are also included in this product category. Thermal imaging devices usually detect radiation in the long-infrared range of the electromagnetic spectrum and produce images of that radiation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Night Vision Equipment Manufacturing Industry?

This industry manufactures night vision devices and components. This includes imaging devices that use image intensification, active illumination and thermal vision technology. Example of products include, night vision goggles, thermal imaging cameras and various sensor systems.

Industry Products
Infrared systemsLight amplification systems
 
Industry Activities
Developing night vision devicesManufacturing night vision devices


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