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