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Terrorist attacks are predicted to drive the growth of the military night vision devices market in the future.

The global military night vision device market size is expected to grow from $3.94 billion in 2022 to $4.39 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The global military night vision device market size is expected to reach $6.4 billion in 2027 at a CAGR of 9.9%.

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 Global Military Night Vision Device Market Segments Include:

• By Type: Camera, Goggles, Monocular And Binoculars, Rifle Scope, Other Types
• By Technology: Thermal Imaging, Image Intensifier, Infrared Illumination, Other Technologies
• By Application: Surveillance, Targeting, Navigation, Other Applications
• By End User: Military Segment, Civil Segment
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global military night vision device market in 2021.

Major Market Players in the military night vision device market include American Technologies Network Corporation, Teledyne FLIR LLC, L3 Harris Technologies Inc., Thales Group SA, British Aerospace PLC, Elbit Vision Systems Ltd.

Technological developments are a major trend that is gaining traction in the military night vision gadget market. Companies in the military night vision equipment market are embracing new technology in order to maintain their market position. For example, in September 2021, L3Harris Technologies Inc., a US-based defence contractor and provider of information technology services, launched the (ENVG-B) system and was awarded $100 million by the US Army for delivering enhanced night vision goggle technology. This technology improves soldiers’ surveillance, mobility, awareness, target engagement, lethality, and survivability. The ENVG-B, STORM II laser rangefinder, and tactical radios such as the AN/PRC-163 and AN/PRC-171 are current examples of how the company is assisting the Army’s goal of improving troop situational awareness, mobility, and lethality.

The Military Night Vision Device Global Market Report 2023  provides a military night vision device market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The military night vision device market forecast analyzes military night vision device market size, military night vision device market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Military night vision equipment are a variety of gadgets used by military personnel to navigate, observe, and engage targets in low-light or total darkness. Soldiers use them to improve visibility in low-light situations, gain a tactical advantage in the dark, and discover potential threats before launching an assault.

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