Published Date : May 12, 2016
Over the past few years, there has been an increase in the use of night vision surveillance cameras for the military operations. In 2015, in terms of revenue, the military operations held the maximum share in the global night vision surveillance cameras market. Night vision devices were primarily introduced for soldiers who need monoculars, binoculars, and goggles at night. Most of the night vision devices have high demand in specialty forces who are involved in tough activities such as hostage rescues, individual tracking, counter-terrorism, and night security.
Governments of many nations are taking constant efforts to invest in the military segment. Nations such as Australia and China have augmented their defense budget for 2016. These trends and developments are expected to surge the global demand for night vision surveillance cameras. Face recognition, monitoring of critical assets, threat detection, traffic management, and security threat control are some of the applications of night vision surveillance cameras. The growing application of night vision surveillance cameras is expected to propel the global market in the years to come.
Moreover, the growing fear of cross-border infiltration and terrorism have boosted the demand for night vision surveillance cameras in the recent past. Going forward, the global market for night vision surveillance cameras is expected to register swift growth due to the increasing production of night vision products and the advancements in the technology. Over the past decade, night vision cameras have been playing an important role in the military segment and in the public sector.
What would Propel Global Night Vision Surveillance Cameras Market?
Considering the increasing competition, leading players in the global night vision surveillance cameras market are expected to introduce better-quality night vision devices in the near future.