Home > Blossary: Night Vision Device Market by Device Type (Camera, Scope, Goggle), Technology, By Application (Military, Surveillance, Security, Hunting)
The night vision device market was valued at USD 5.07 Billion in 2015, and is expected to grow at a CAGR of 8.8% from 2015 to 2020, to reach USD 7.73 Billion by 2020. Night vision devices have been used from the time of World Wars, as they help in high speed imaging and have the ability to detect objects at a long distance. The report aims at estimating the market size and future growth potential of night vision device market across different segments such as device, technology, application and geography. The base year considered for the study is 2014, and the market size is forecast from 2015 to 2020. The increasing military expenditure, along with rising need for technologically advanced night vision devices is driving the growth of the market.

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