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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 | Aug 2014

In the dark: Reduced defense spending will constrain revenue for NVD manufacturers

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
Exelis Exelis market share
FLIR FLIR market share
L-3 Communications Holdings Inc. L-3 Communications Holdings Inc. market share
Industry Statistics & Market Size
Revenue
$560m
Annual Growth 09-14
-4.7%
Annual Growth 14-19
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Profit
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Employment
1,622
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 2019, the industry is projected to continue declining as defense and homeland security budgets are cut along with a decrease in US conflict involvement. Although, the decline will be partially mitigated by the advancement in technology.... purchase to read more

Industry Report - Industry Products Chapter

Night vision equipment generally consists of four essential parts: an objective lens, an eyepiece, a power supply and an intensifier tube. These devices gather existing light through the front lens, and the intensifier tube changes light particles to recreate the observed scene.

Night vision monocular scopes

Night vision monocular scopes make up about 30.0% of total industry revenue. Monocular scopes have one eyepiece and are usually handheld or mounted on a weapon. Additionally, night vision monocular scopes can be added to special cameras to take photographs with a night vision camera adapter. Their compact size and light weight make them more versatile than other night vision equipment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Night Vision Equipment Manufacturing Industry?

This industry manufactures night vision devices. These devices include image intensifier tubes, which are protective and generally water-resistant housing and mounting systems.

Industry Products
Night vision gogglesNight vision monocular scopesNight vision binoculars
 
Industry Activities
Developing night vision devicesManufacturing night vision devices


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