"Increasing Demand for High-Speed Imaging is Primarily Driving the Image Intensifier Units Market"

Globally, the Image Intensifier Units Market is expected to grow with a CAGR of more than 4.9% during the forecast period from 2021 to 2029, starting from US$ 1438.5 Mn in 2020. Image intensifiers are the devices used to recognize images and objects with the help of a camera at low light. These devices comprises of a vacuum tube with numerous multiplication and conversion screens. Initially, the image intensifiers were developed for night-time viewing and surveillance. This market is mainly driven by increasing demand for high-speed imaging in various industries. Technological advancements have made the image intensifier units more robust and useful compared to the traditional ones. Based on years of research, scientists have combined the 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 image intensifier units’ market. However, limited operational hours, and increasing use of refurbished devices are likely to hinder the market growth during the forecast period. 

"18 33 Image Intensifiers are expected to dominate the market during the forecast period"

During the forecast period, the 18 mm image intensifier units are expected to drive the market with a highest CAGR. This growth is mainly contributed to factors such as reliability and quality of these devices. These devices are highly used in military and defense surveillance, hence has the highest demand. Also, 18 mm image intensifiers are strong and durable and its photo response is much better than other categories of image intensifiers. However, introduction of the 16 mm diameter image intensifier tubes might hamper the market for 18 mm devices as 16 mm image intensifiers are compact and lighter in weight than the devices with 18 mm devices.

"Asia Pacific to Register the Fastest Growth"

North America dominates the image intensifier units market by holding largest market share of around 40% of the global image intensifier units 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 experiences a 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 concern 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 base and increasing requirement of advanced devices for safety and improvement of the defense system.

Some of the prominent players operating in the Harris, Armasight Inc., Thales Group, Inframet, PHOTONIS Technologies SAS, Canon Medical Systems, Night Owl, HARDER.digital GmbH, Roper Scientific, Argus Imaging BV, ATN, Meomed.cz, Bushnell, Yukon Advanced Optics, Dantec Dynamics, ProxiVision GmbH, TAK Technologies Pvt. Ltd., DEP Technologies, and OPTEXIM JSC and Photek, among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Image Intensifier Units market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Image Intensifier Units market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Image Intensifier Units market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Image Intensifier Units market?
• Which is the largest regional market for Image Intensifier Units market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Image Intensifier Units market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Image Intensifier Units market worldwide?