The market for Image Intensifier Units Market is expected to reach USD$ 850.0 Mn in 2027.
Globally, the Image Intensifier Units Market is expected to grow with a CAGR of more than 4.9% during the forecast period from 2019 to 2027, starting from US$ 850.0 million in 2018. Image intensifiers are devices used to recognize images and objects with the help of a camera in low light. These devices comprise a vacuum tube with numerous multiplication and conversion screens. Initially, image intensifiers were developed for nighttime viewing and surveillance. This market is mainly driven by the increasing demand for high-speed imaging in various industries.
Technological advancements have made image intensifier units more robust and useful compared to traditional ones. Based on years of research, scientists have combined image intensifiers with infrared technology to offer improved vision in any light condition. These enhanced capabilities have expanded the application of these units in military operations.
The U.S. Army uses these tools from a few select units to a wider soldier population. Additional advancements focus on digital displays that will enable users to pass and receive information to and from other sensors on the battlefield. Such advancements are fueling the growth of the market for image intensifier units. However, limited operational hours and the increasing use of refurbished devices are likely to hinder the market growth during the forecast period.
During the forecast period, the 18 mm image intensifier units are expected to drive the market with the highest CAGR. This growth is mainly attributed to factors such as the reliability and quality of these devices. These devices are highly used in military and defense surveillance, hence their high demand. Also, 18-mm image intensifiers are strong and durable, and their photo response is much better than other categories of image intensifiers. However, the introduction of 16-mm-diameter image intensifier tubes might hamper the market for 18-mm devices, as 16-mm image intensifiers are more compact and lighter in weight than devices with 18-mm devices.
North America dominates the image intensifier unit market, holding the largest market share of around 40% of the global image intensifier unit market. North America is the major revenue-generating region, as it is one of the most progressive regions with regard to the adoption of advanced technologies.
This region has always been ahead in order to use highly progressive image intensifiers to safeguard the defense forces of this region. This region experienced significant growth during the forecast period based on the rising need to tackle the increasing number of terrorist activities.
Moreover, increasing research and development activities and security concerns in this region also enhance the demand for image intensifiers in North America. Europe and Asia-Pacific also hold a significant market share based on their strong military bases and the increasing requirement for advanced devices for safety and the improvement of the defense system.
Some of the prominent players operating in the Harris are Armasight Inc., Thales Group, Inframet, PHOTONIS Technologies SAS, Canon Medical Systems, Night Owl, Harder Digital GmbH, Roper Scientific, Argus Imaging BV, ATN, Melamed.CZ, Bushnell, Yukon Advanced Optics, Dantec Dynamics, ProxiVision GmbH, TAK Technologies Pvt. Ltd., DEP Technologies, OPTEXIM JSC, and Photek, among others.
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.
The Image Intensifier Units Market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global image intensifier units market based on diameter, application, and geography. Key segments covered in the report are as follows:
The market for Image Intensifier Units Market is expected to reach USD$ 850.0 Mn in 2027.
The Image Intensifier Units Market is expected to see significant CAGR growth over the coming years, at 4.9%.
The report is forecasted from 2019 -2027.
The base year of this report is 2018.
Canon Medical Systems, Night Owl, Harder Digital GmbH, Roper Scientific, Argus Imaging BV, ATN, Melamed.CZ, Bushnell, Yukon Advanced Optics, Dantec Dynamics, ProxiVision GmbH, TAK.are some of the major players in the global market.