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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Investment Chapter

The Night Vision Equipment Manufacturing industry is characterized by a moderate level of capital intensity. The industry requires significant machinery and equipment, which is used for researching, developing, manufacturing and testing new equipment. IBISWorld estimates that for every dollar spent on labor, industry companies allocate $0.14 toward capital.

Over the past five years, industry capital intensity has increased. As the number of features, designs and applications for night vision equipment grows, industry firms that want to gain market share and stay competitive need to expand their manufacturing equipment. Additionally, improved automation in the manufacturing process has reduced the industry's dependence on low-skilled labor... 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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