Weapon Night Sight Market is Forecasted to Reach US$ 3.2 Billion in 2028, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global Weapon Night Sight Market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2028: US$ 3.2 billion

Growth (CAGR): 5.1% during 2023-2028

Leading Product Type: Gun-mounted weapon night sight

Leading Technology Type: Thermal technology

Leading Platform Type: Ground-based platform

Leading Region: North America

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Weapon Night Sight Market:

The global Weapon Night Sight Market is segmented based on Product type, Technology type, Platform type and region.

Based on Product Type

“Gun-mounted weapon night sight holds the dominant share and is also likely to continue its supremacy throughout the forecast period”.

• The market is segmented into gun-mounted and vehicle-mounted weapon night sights.
• It is primarily due to its wide usage, lower cost, portability features, and easy-to-use interface. These systems are largely used by the armed forces during stealth missions.

Based on Technology Type

“Weapon night sights embedded with thermal technology have generated a large demand”.

• The market is classified as image intensification technology, thermal technology, and fusion technology. All three technology types are further bifurcated with the sole aim of providing a panoramic view of the market. Image intensification is divided into generations I-III and IV systems. Similarly, thermal night sights are segmented into SWIR, MWIR, and LWIR, and fused night sights into optical and digital image integration.
• In recent years, weapon night sights embedded with thermal technology have generated a large demand. This is because the performance of thermal weapon sights is not affected by the absence of a light source, as they work exclusively on detecting the heat radiation of the target and their surroundings. Therefore, with the increasing anti-terrorism missions across the globe, the demand for thermal weapon night sights is expected to increase.

Based on Platform type

“The ground-based platform is likely to continue to be the major demand generator for weapon night sights in the coming years”.

• The market is bifurcated into ground-based, air-based, and naval-based platforms.
• As these devices are frequently used by dismounted soldiers for enhanced night-firing capabilities in several ground-based combat missions, the ground-based platform is likely to continue to be the major demand generator for weapon night sights in the coming years.

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that North America is likely to maintain its supremacy in the weapon night sight market throughout the forecast period. This growth outlook is mainly attributed to the following:

• As the weapon night sights substantially augment the night-firing capabilities of the armed forces, the US DoD has been extensively investing in them. Moreover, the region is the home to the major companies in the market such as L3Harris Technologies, Inc., Raytheon Technologies Corporation, and Elbit Systems of America, LLC, which are among the major contractors for the regional defense authorities.

Weapon Night Sight Market Drivers:

Some of the key drivers listed in the report are given below.

• Increasing Global Defense Spending and Soldier Modernization Programs: Countries are increasing their night-fighting capabilities in response to growing geopolitical tensions and cross-border conflicts. To enhance target acquisition in low light, militaries are providing infantry troops with sophisticated night sights as part of larger soldier upgrading initiatives.
• Growing Use of Night Vision in Border Security and Counterterrorism Operations: Night vision weapon sights have become crucial for specialized units conducting border patrol, counterinsurgency, and anti-terrorism operations. These systems provide crucial tactical advantages in covert missions and high-stakes scenarios where darkness traditionally favored adversaries. The proliferation of unconventional warfare tactics has intensified military procurement of sophisticated night vision technologies.
• Innovation in Multi-Spectral Imaging Systems; Contemporary night sights incorporate cutting-edge fusion technologies combining image intensification, thermal detection, and digital processing capabilities. These advanced systems deliver comprehensive multi-spectral visualization in durable, field-ready packages. Emerging features including wireless integration, customizable targeting reticles, and automated threat identification are revolutionizing nighttime military operations.

Competitive Landscape: Top 10 Companies in the Weapon Night Sight Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

·      L3Harris Technologies, Inc.

·      BAE Systems plc

·      Elbit Systems Ltd.

·      Raytheon Technologies Corporation

·      Thales Group

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the data center liquid cooling market, answering critical questions like

-       How big is the sales opportunity?

-       Which regions offer the best sales opportunities?

-       Which are the most attractive market segments?

-       Which are the top players and their market positioning?

-       How complex is the business environment?

-       What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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