Military Image Intensifier Tube Market Research Report: Information by Generation (Generation I, Generation II and Generation III), Phosphor Type (Green Phosphor and White Phosphor) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

Military Image Intensifier Tube Market Snapshot

Military Image Intensifier Tube Market is Expected to Register an 8.51% CAGR During the Forecast Period.

The is expected to witness substantial growth during the forecast period. North America is estimated to be a prominent market due to increasing defense expenditure and growing adoption of military image intensifier tubes by governments and defines agencies. Europe held the second-largest share of the military image intensifier tube market in 2018. Increasing defense expenditure in Asia-Pacific and the rest of the world are projected to drive the growth of the military image intensifier tube market in the coming years.

MILITARY IMAGE INTENSIFIER TUBE MARKET, BY REGION, 2018, (%)  

Source: MRFR Analysis

 MILITARY IMAGE INTENSIFIER TUBE MARKET, 2019–2024 (USD MILLION)  

Source: MRFR Analysis

The changing nature of warfare and increased use of military image intensifier tubes for special operations are the key drivers for the growth of the market. In 2018, North America accounted for 67.28% of the Global market, followed by Europe with 27.92%.

Synopsis

The Global Market has been segmented based on generation, phosphor type, and region. By generation, the market has been classified as generation I, generation II and generation III. On the basis of phosphor type, the global market has been divided into green phosphor and white phosphor.

Regional Analysis

The Global Market has been segmented, by region, into Asia-Pacific, North America, Europe, and the rest of the world. In North America, increasing defense expenditure and the growing adoption of  by government and defense bodies are propelling market growth. For example, in June 2018, L3 Technologies Inc. received a three-year contract from the US Army Contracting Command to provide soldiers with next-generation binocular night vision goggles that improve mobility, targeting, and maneuverability for ground forces. Additionally, the presence of prominent image intensifier tube providers such as Harris Corporation and L3 Technologies Inc. is bolstering market growth.

The generation II segment is expected to dominate the market.

Generation II military image intensifier tubes provide the ability to see in extremely low light conditions, such as on moonless nights. Generation II NVDs are available in handheld monocular, goggle, and binocular configurations and some can be helmet- and/or weapon-mounted. The generation II segment of the global military image intensifier tube market is projected to register a CAGR of 8.18% during the forecast period.

Companies Covered

The key players in the global military image intensifier tube are Aselsan (SA), L3 Technologies Inc. (US), Harris Corporation (US), Thales Group (France), Armasight Inc. (US), American Technologies Network, Corp. (US), Bel Optronic Devices Limited (India), Bushnell Inc. (US), Harder Digital GmbH (Germany), JSC Katod (Russia), New Con International Limited (Canada), Night Owl Optics Inc. (US), Photek Limited (UK), Photonis Technologies (US) and Yukon Advanced Optics Worldwide Ltd (Lithuania).

Key Developments  

• In June 2018, L3 Technologies, Inc. signed a three-year contract, worth approximately USD 391 Million, with the US Army Contracting Command to provide compact next-generation night vision goggles.

• In May 2018, Photonis and Night Vision Devices, Inc. entered into a strategic partnership where the latter became the exclusive distributor and integrator of Photonis’s lightweight image intensifier tubes.

Market Segmentation

• By Generation: Generation I, Generation II and Generation III


• By Phosphor Type: Green Phosphor and White Phosphor


• By Region: North America, Europe, Asia-Pacific and Rest of the World