The Night Vision Cameras Market Report 2019-2023 focuses on the global Night Vision Cameras status, future forecast, growth opportunity, key market, and key players.
The Night Vision Cameras Market report studies the global market size of Night Vision Cameras in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Night Vision Cameras in these regions. This research report categorizes the global Night Vision Cameras market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Night Vision Cameras include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- Photonis USA
- Elbit Systems Ltd.
- Rockwell Collins
- ELIR Systems
- Panasonic Corporation
- BAE Systems PLC
- TAK Technologies Private Limited
- Harris Corporation
- Tactical Night Vision Company
- General Dynamics Global Imaging
- Sony Corporation
- Sharp Corporation
Overview of Night Vision Cameras Market Research Report 2019-2023:-
The global night vision cameras market is expected to register a CAGR of 18.23% during the forecast period. The scope of the market covers brand asset management systems, library asset management systems and production asset management systems.
Globally, the drive to enhance the safety and security across different industries is facilitating the market, to grow significantly. Night vision cameras are majorly adopted in manufacturing, services, transportation, and military & defense sectors. This incorporation is higher in countries, such as the United States, the United Kingdom, India, China, and Brazil, owing to the large size of the concerned industries and higher awareness among consumers. The military and defense sector is expected to hold the major share of the market owing to the increasing military budget focused on security and surveillance coupled with technological developments of unmanned airborne surveillance system and drones.
Transportation Industry to Register the Fastest Growth during the Forecast Period
The Transportation industry is major end-user that makes use of night vision cameras extensively. Wired night vision cameras are used in the manufacturing plants. Further, night vision car cameras are being increasingly used in automobiles, especially in autonomous self-driving cars particularly for navigation applications. The automotive industry is undergoing a wave of innovation andâwith the advent of groundbreaking technologies, such as the Internet of Things (IoT), making vehicles safer than ever before – is witnessing a paradigm shift from the traditional models. With enhanced GPS, location and maintenance live recording, reminders, driving assistance and Wi-Fi services the demand for connected cars has been soaring and it is estimated that connected cars will account for 75% of the 92 million cars shipped globally in 2020. Major automobile manufacturers, like BMW, Mercedes, and Audi have incorporated night vision cameras with animal detection and pedestrian marking lights features to avoid potential accidents. This is expected to drive the adoption of night vision cameras during the forecast period.
Regional Analysis of The Market
North America is expected to be the dominant market, with U.S. accounting for maximum consumption, owing to its large army and military requirements. Asia-Pacific, excluding Japan and Western Europe, is expected to grow significantly during the forecast period due to high demand in the region, which is driven by security and surveillance needs. In the near future, with the development of smart cities, and technological advancements, the demand for night vision cameras with better picture resolution and quality is set to grow at a significant pace.
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Reasons to Purchase this Report
Key questions answered in the Night Vision Cameras Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Night Vision Cameras market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Night Vision Cameras Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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