Into the night: The industry will benefit from a turnaround in demand for night vision equipment

Over the five years to 2016, conditions dimmed for the Night Vision Equipment Manufacturing industry. The longer term impact of the recession eventually strained local and state government budgets, with governments having to cut spending on law enforcement to balance their rising deficits. Moreover, greater federal budget deficit concerns and the withdrawal of troops from the Middle East caused federal funding for defense to contract. Consequently, demand for industry products plunged from previously abnormal levels. Therefore, in the five years to 2016, industry revenue is expected to decline. The industry is projected to stabilize over the next five years, as defense and homeland security budgets bottom out...purchase to read more.

Industry Statistics & Market Size
Annual Growth 11-16
Forecast Growth 16-21

Industry Threats & Opportunities

  • The industry is projected to stabilize as defense and homeland security budgets bottom out
  • US military allies increased their purchases of industry products as they fought alongside the United States
  • Steadily growing demand from local and state law enforcement agencies will be an upside
  • Industry Report - Industry Key Buyers Chapter

    This industry has a medium level of market share concentration, with the four largest companies accounting for just over 40.0% of revenue in 2016. The top three industry players, Harris, L-3 Communications and FLIR Systems, generate an estimated 37.4%. The industry's remaining market share consists of smaller companies.The market for night vision equipment manufacturing is competitive, where large and niche players compete on the basis of continued product innovation. The industry is characterized by a relatively stable number of players; contractors that have established relationships with the US military dominate the industry. In ...purchase to read more.

    Additional Insights for the Night Vision Equipment Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Night Vision Equipment Manufacturing Industry are

  • Ability to quickly adopt new technology
  • Having a good reputation
  • Undertaking technical research and development
  • IBISWorld analysts also discuss how external factors such as Federal funding for defense and Federal funding for homeland security in the Night Vision Equipment Manufacturing industry impact industry performance..

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    What's in this report

    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 systems
  • Light amplification systems
  • Industry Activities
  • Developing night vision devices
  • Manufacturing night vision devices
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for defense
  • Federal funding for homeland security
  • Local and state government investment
  • Price of plastic materials and resin
  • Trade-weighted index

  • Current Performance
  • Demand falls
  • International trade
  • Other trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Major markets
  • Technological developments
  • Table: Night Vision Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Night Vision Equipment Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Retail Trade
  • Convenience Stores
  • Professional, Scientific and Technical Services
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Plastic Products Miscellaneous Manufacturing
  • Semiconductor Machinery Manufacturing
  • Wire & Spring Manufacturing

  • Products & Services
  • Infrared systems
  • Light amplification systems
  • Chart: Night Vision Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • US government defense budget
  • International government defense budgets
  • Technology change
  • Global conflicts

  • Major Markets
  • Domestic market
  • Export market
  • Chart: Major Market Segmentation for the Night Vision Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Night Vision Equipment Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Night Vision Equipment Manufacturing Industry

  • Industry Globalization
    FLIR Systems Inc., Harris Corporation, L-3 Communications Holdings Inc.,
  • Table: FLIR Systems Inc. - financial performance
  • Table: Harris Corporation - financial performance
  • Table: L-3 Communications Holdings Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Night Vision Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Night Vision Equipment Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Federal funding for defense (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Active Infrared Technology
  • Technology that gives great detail even if the surroundings are completely dark.
  • Enhanced Night Vision Goggles (Envg)
  • A device that combines thermal and image-intensification technologies into one product.
  • Image Intensification
  • Technology that amplifies available light.
  • Intensifier Tube
  • A photocathode tube used in night vision equipment to change light particles so they can be amplified and changed back into visible light.
  • Microchannel Plate
  • A plate added to Generation 2 night vision devices for increased sensitivity, clearer images and brighter viewing capabilities.
  • Night Vision Device (Nvd)
  • A piece of night vision equipment.
  • Passive Infrared Technology
  • Technology that uses light radiating from objects like the moon and stars to enhance the normal amounts of reflected infrared in the environment.
  • Thermal Imaging
  • Technology that detects heat differences.
  • What Our Customers Say

    Why buy this report?

    The Night Vision Equipment Manufacturing Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Night Vision Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Night Vision Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Night Vision Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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