Global Military Image Intensifier Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Risk and Opportunity Assessment, Country-level Analysis for Every Segment, Key Player’s Market Share Analysis, Competitive Landscape and Supply Chain Analysis.
Market Research Future (MRFR) expects the global military image intensifier market to record a growth rate of close to 6.34% during the forecast period (2018-2023).
Top players competing in the worldwide military image intensifier market include Thales Group (France), Photonis USA Pennsylvania, Inc. (France), FLIR Systems, Inc. (US), Harris Corporation (US), ASELSAN A.Ş. (Turkey), L3 Technologies, Inc. (US), Photek Limited (UK), Alpha Optics Systems (Canada), Yukon Advanced Optics Worldwide (Lithuania), to mention a few.
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Market Boosters and Top Challenges
Image intensifiers are used to increase visibility in the low light levels or in total darkness, with the support of technologies such as gamma rays imaging, x-ray imaging etc. It enjoys high demand in the defense sector; however, its demand is growing significantly in other fields like electronics, healthcare, biotechnology etc. Image intensifiers help provide the army with DRI abilities which stands for detection, recognition and identification.
The military image intensifier market is advancing at an accelerated pace, on account of surge in internal and external military situations such as border tensions, terrorism, increasing domestic criminal activities and erratic war condition. Besides, increasing government investments in the defense sector also boosts the demand for advanced warfare technologies and devices.
Some additional factors promoting market growth across the globe include mounting demand for enhanced imaging solutions coupled with surge in the number of research and development (R&D) activities.
Market Segmentation
The Military Image Intensifier Market has been examined thoroughly in the MRFR report, with respect to segments like generation, diameter and application.
With regard to generation, the market is considered for gen 0, gen 1, gen 2, and gen 3. Between these, the gen 3 segment can observe the highest growth rate over the review period. Gen 3 military image intensifier helps improve the battery performance and offers better sensitivity to light, enabling users to get enhanced image quality.
Diameter-wise, the market includes <18 mm, 18 mm, 25 mm, and >25 mm. Out of these, the 18 mm segment has the most potential to achieve the highest CAGR in the following years, on account of benefits it offered like high image resolution and extended detection range.
Given the application segment, the market consists of cameras, scopes, and goggles. The goggles segment can attain the highest growth rate in the years to come, due to the high number of defense equipment modernization programs by the governments of several countries.
Regional Outlook
The global military image intensifier market is geographically distributed into Europe, North America, Asia Pacific (APAC), and Rest of the World (RoW).
North America is the highest revenue-generating market for military image intensifier. It is considered as one of the most advanced regions when it comes to adoption of advanced technologies. The military sector in the region is known for early adopters of highly advanced image intensifiers that ensure the safety of its defense forces. The market growth in the region benefits from the increasing need to counter the high number of terrorist attacks. Voluminous defense expenditure coupled with rising adoption of military image intensifier tubes by government as well as defense bodies also stimulates market growth. Citing a reference, in June 2018, L3 Technologies Inc. got a three-year contract from the US Army Contracting Command to develop next-generation binocular night vision goggles that elevate targeting, maneuverability and mobility for ground forces.
The APAC market can gain substantial traction at the fastest growth rate in subsequent years, on account of rising terrorist activities and the increasing demand for counter-terrorism operations. Surge in military budget in countries like India and China also triggers growth of the image intensifier market in the region.
The evolving nature of warfare combined with increased use of military image intensifiers for special operations are believed to be factors that are supporting market growth in Europe.
Table Of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Military Image Intensifier Market, By Generation
1.1.2. Global Military Image Intensifier Market, By Diameter
1.1.3. Global Military Image Intensifier Market, By Application
1.1.4. Global Military Image Intensifier Market, By Region
2. Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Generation Estimation
3.5. Forecast Model
3.6. List Of Assumptions
Continued…….
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List Of Tables
Table 1 Global Military Image Intensifier Market, By Region, 2018–2023
Table 2 North America: Military Image Intensifier Market, By Country, 2018–2023
Table 3 Europe: Military Image Intensifier Market, By Country, 2018–2023
Table 4 Asia-Pacific: Military Image Intensifier Market, By Country, 2018–2023
Table 5 Rest Of The World: Military Image Intensifier Market, By Region, 2018–2023
Table 6 Global Military Image Intensifier, Generation Market, By Region, 2018–2023
Table 7 North America: Military Image Intensifier, Generation Market, By Country, 2018–2023
Continued……..
List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down & Bottom-Up Approaches
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter’s Five Forces Analysis
FIGURE 7 Value Chain Analysis
Continued…….
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