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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
L3Harris Technologies, Inc. is an aerospace and defence company that was founded in 2019 and is based in Florida, United States. Their expertise lies in wireless equipment, avionic and electronic systems, tactical radios, and night vision equipment, among others.
BAE Systems Plc is a defence and space manufacturing company that was founded in 1999 and is headquartered in Farnborough, United Kingdom. They are one of the largest defence contractors across the globe with major market bases in Australia, Oman, Saudi Arabia, Turkey, Sweden, India, Qatar, and Japan, among others.
Thales Group is an IT services and consulting company that was founded in 2000 and is based in Paris, France. The group regularly invests in deep tech and digital innovations such as artificial intelligence, big data, quantum technology, cybersecurity, and connectivity to build a better future.
Other market players include Elbit Systems Ltd., Raytheon Technologies Corporation, Excelitas Technologies Corp., Leonardo DRS, Inc., Rheinmetall AG, Teledyne FLIR LLC, and Rolta India Limited, among others.
Weapon Night Sight Market Report Snapshots
Weapon Night Sight Market Size
Weapon Night Sight Market Analysis
Weapon Night Sight Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market for weapon night sight reached a value of approximately USD 8.56 billion in 2023.
The market for weapon night sight is expected to grow at a CAGR of 8.3% between 2024 and 2032.
The market for weapon night sight is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 17.54 billion by 2032.
The major market drivers include growing requirement of energy efficient light sources for military operations and increasing investments by various governments to update military equipment.
The key trends fuelling the growth of the market include rising acts of terrorism and border conflicts, increasing investments towards research and development activities by key players in the market, and technological advancements.
The primary product types of weapon night sight in the market are gun-mounted, and vehicle-mounted.
The significant technologies of weapon night sight in the market include thermal imaging, and imaging intensifier, among others.
The key players in the global weapon night sight market are L3Harris Technologies, Inc., BAE Systems Plc, Thales Group, Elbit Systems Ltd., Raytheon Technologies Corporation, Excelitas Technologies Corp., Leonardo DRS, Inc., Rheinmetall AG, Teledyne FLIR LLC, and Rolta India Limited, among others.
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