Military Night Vision Device Market Report 2025

The military night vision device market size has grown rapidly in recent years. It will grow from $4.77 billion in 2024 to $5.26 billion in 2025 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to military modernization initiatives, threat perception and national security, counterinsurgency operations, urban warfare and special operations, global peacekeeping missions.

The military night vision device market size is expected to see strong growth in the next few years. It will grow to $7.6 billion in 2029 at a compound annual growth rate (CAGR) of 9.6%. The growth in the forecast period can be attributed to enhanced connectivity and communication, cybersecurity and electronic warfare concerns, rise in asymmetric warfare, focus on energy efficiency, global climate change considerations. Major trends in the forecast period include thermal imaging technology, integration of augmented reality (AR) features, miniaturization and lightweight designs, digital night vision, fusion night vision systems, wireless connectivity and data sharing.

The anticipated increase in terrorist attacks is poised to drive the growth of the military night vision devices market in the future. Terrorism, characterized by a rise in violent acts aimed at causing harm, fear, or disruption, prompts the need for effective countermeasures. Military night vision systems play a crucial role in preventing terrorist attacks by enabling military personnel to operate in low-light conditions, enhancing their ability to detect and thwart potential threats. As of March 2023, the Global Terrorism Index for 2022 reported an average increase of 0.4 deaths per terrorist attack, with attacks becoming more lethal and resulting in 1.7 deaths on average compared to 1.3 deaths in 2021. The total deaths attributed to terrorist activities in 2022 reached 6,701. Consequently, the escalating threat of terror attacks serves as a driving force behind the growth of the military night vision devices market.

The increase in global military spending is expected to propel the military night vision device market forward. Military spending, involving financial allocations for armed forces and defense capabilities, encompasses components such as military night vision devices, contributing to improved reconnaissance and surveillance capabilities, especially in low-light conditions. According to the Stockholm International Peace Research Institute (SIPRI), global military spending reached $904 billion in North America in 2022, witnessing a 0.7% increase compared to 2021. Additionally, Canada's military spending in 2022 rose by 3% to $26.9 billion. The rising trend in military expenditure globally is driving the demand for military night vision devices.

Leading companies in the military night vision device market are concentrating on establishing strategic partnerships to secure a competitive advantage. These collaborations are essential for accelerating technological advancements and improving product development to better address the changing needs of military forces around the globe. For example, in April 2024, Anduril Industries Inc., a U.S.-based defense technology firm, partnered with Microsoft, a U.S.-based technology company, to enhance the U.S. Army's Integrated Visual Augmentation System (IVAS). This partnership focuses on integrating Anduril's Lattice software with Microsoft’s IVAS hardware and software platforms. The goal of this integration is to equip soldiers with real-time situational awareness by processing data from various sensors, including those attached to weapon systems and drones. The upgraded goggles will include features such as night vision and thermal imaging capabilities.

Major companies operating in the military night vision device market focus on developing revolutionary solutions, such as Fused Night Vision Goggles (FNVG), catering to dismounted soldiers. Fused Night Vision Goggles integrate multiple night vision technologies to provide enhanced visibility across diverse conditions. For instance, in October 2023, Thermoteknix Systems, a US-based specialist in thermal imaging and augmented reality, launched the Fused Night Vision Goggle with Augmented Reality (FNVG-AR). This lightweight, fused binocular night vision goggle integrates advanced 16 mm white phosphor night vision tubes and a high-resolution thermal imager with optical sensor fusion. The FNVG-AR connects seamlessly to battle management systems, offering live blue force tracking, navigation data, and real-time video streaming for enhanced situational awareness among dismounted soldiers.

In July 2024, Force Ordnance, part of the Australian-based Lightforce Group, which specializes in providing sovereign defense capabilities, partnered with Theon Sensors S.A. to supply advanced optical systems to the Australian Defence Force (ADF), specifically for the Dismounted Combat Program. This partnership aims to significantly enhance Australia’s sovereign defense capabilities, particularly in night vision and thermal imaging technologies. Theon Sensors S.A. is a Greece-based developer and manufacturer of customizable night vision and thermal imaging systems designed for military and security applications.

Major companies operating 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., Bharat Electronics Limited, Meopta USA Inc., Newcon Optik, Collins Aerospace, Bushnell Corporation, Luna optics Inc., ABB Ltd., Armasight, Night Optics USA, Bering Optics, Hard Head Veterans LLC, Custom Night Vision, FLIR Systems Inc., OpticsPlanet Inc., Yukon Advanced Optics, Sightmark LLC, Carl Zeiss Sports Optics GmbH, Trijicon Inc., US Night Vision Corp., Vortex Optics.

Asia-Pacific was the fastest growing region in the military night vision devices market in 2024. The regions covered in the military night vision device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the military night vision device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Military night vision devices encompass a variety of tools designed for use by military personnel to navigate, surveil, and engage targets in low-light or complete darkness. These devices are crucial for improving visibility in low-light settings, providing a tactical advantage in the dark, and detecting potential threats before initiating an assault.

The primary types of military night vision devices include cameras, goggles, monoculars and binoculars, rifle scopes, and others. Cameras are integral components in military night vision systems, capturing and processing light in low-light conditions. These devices operate using various technologies, such as thermal imaging, image intensifiers, infrared illumination, and others, and find applications in surveillance, targeting, navigation, and more. Military night vision devices are utilized in both military and civilian contexts.

The military night vision device market research report is one of a series of new reports that provides military night vision device market statistics, including military night vision device industry global market size, regional shares, competitors with a military night vision device market share, detailed military night vision device market segments, market trends and opportunities, and any further data you may need to thrive in the military night vision device industry. This military night vision device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The military night vision device market consists of the sales of illuminators, image intensifier tubes, mounting systems, and telescopic lenses. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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