The global night vision goggle market size was valued at USD 2.7 billion in 2024, and is projected to reach USD 3.5 billion by 2030, witnessing a market growth CAGR of 3.8 % from 2025 to 2030, according to an analysis by Stratview Research.
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Market Statistics
Market Size in 2024: USD 2.7 billion
Market Size in 2025: USD 2.8 billion
Market Size in 2030: USD 3.5 billion
Growth (CAGR): 3.8% during 2025-30
Cumulative Sales Opportunity 2025 to 2030: USD 18.85 billion
Leading Product Type: Hemet-Mounted
Leading Device Type: Binocular
Leading Platform Type: Group-based platform
Leading Technology Type: Fusion Technology
Leading Region: North America
Forecast Period: 2025-2030
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights & Market Share Analysis of the Night Vision Goggle Market:
The global night vision goggle market is segmented based on product type, device type, platform type, technology type and region.
Based on Product type –
- The market is segmented into helmet-mounted display and handheld goggle. Between these product types, helmet-mounted display is expected to remain the biggest market category in the coming years.
- These night vision goggles efficiently track the area where soldiers can see and can extrapolate the visual information.
- These goggles help in the provision of a close-up simulation of the soldier’s natural vision. They also act as a force multiplier during critical missions. As a result, the development of helmet-mounted displays is growing rapidly.
Based on the Device type -
- The market is segmented into binoculars, monocular, and others. Among these device types, binocular is expected to maintain their dominance in the market during the forecast period.
- These are most suitable for ground-based missions, due to the twin-viewing tubes providing a bigger field of view, considered ideal for surveillance, imaging, and scouting.
- Binocular devices provide better depth perception and a more natural viewing experience, making them particularly valuable for tasks like navigation, target identification, and overall situational awareness.
Based on the Platform type –
- The market is segmented into ground-based platforms, air-based platforms, and naval-based platforms. Among these platform types, the ground-based platform is likely to continue as the major demand generator for night vision goggles in the foreseeable future.
- These devices are frequently used by dismounted soldiers for every ground-based operation and mission. Moreover, several counter-terrorism missions occur in low-light environments or during nighttime, which simultaneously increases the usage of night vision goggles.
Based on the Technology type –
- The market is segmented into image intensification technology, thermal technology, and fusion technology. In recent years, goggles embedded with fusion technology have proved to be excellent tools for night vision and have generated a large demand. These goggles detect thermal radiation as well as enhance (or magnify) the light of the environment and translate it into a picture.
- Therefore, with the increasing focus on curbing terrorism and with the growing border disputes, the demand for night vision devices equipped with fusion advanced technology is expected to increase in the years to come.
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Which Region Shows the Most Promising Growth Forecast and Opportunity?
"North America, the largest military spender, is expected to remain the major market for night vision goggles, and it held a revenue share of more than 45% in 2022."
- North America, the largest military spender, is expected to remain the major market for night vision goggles, and it held a revenue share of more than 45% in 2022. This is attributed to the extensive investments made by the US DoD. Concurrently, the Asia-Pacific is expected to witness the fastest growth in the night vision goggles market in the coming years.
- The key factor responsible for the rapid regional growth, apart from the swift rise in the overall military expenditure, is the increasing penetration of the regional market players, such as Thermeye Tech (Hangzhou Kexin Import and Export Co., Ltd.), JPNV, Bharat Electronics Limited (BEL), and MKU LIMITED.
What is a night vision goggle?
A night vision goggle is a highly advanced optical instrument that enables images to be produced at low light levels. These electro-optical devices form images by measuring the temperature difference or by enhancing the light source of the environment instead of relying on its sources. These goggles give soldiers an edge, allowing them to see in dark environments and execute their military operations in the dead of night. Hence, they have become crucial for a soldier during military operations.
Night Vision Goggle Market Drivers:
Some of the key drivers listed in the report are given below.
- Increasing Global Military Spending and Tactical Equipment Modernization: Governments worldwide are ramping up defense budgets and investing in advanced soldier-worn technologies to enhance nighttime combat effectiveness.
- Growing Need for Special Operations and Border Security Capabilities: NVGs are becoming increasingly important in surveillance, exploration, and stealth operations as border tensions and asymmetric warfare increase. In order to identify and eliminate threats during nighttime patrols and tactical missions, border security forces, law enforcement, and counterterrorism units are depending more and more on night vision.
- Technological Advancements in NVG Design and Performance: Modern NVGs are growing rapidly with features like Gen III and Gen IV intensifier tubes, white phosphor displays, and integrated infrared (IR) illuminators.
- Expanding Use in Civilian and Commercial Sectors: Beyond defense, NVGs are seeing rising adoption in sectors like search and rescue, wildlife conservation, outdoor recreation, and security services.
- As technology becomes more accessible and affordable, commercial-grade NVGs are gaining popularity among adventure sports enthusiasts, private security contractors, and emergency responders, broadening the market beyond military users.
Competitive Landscape: Top Companies in the Night Vision Goggle Market:
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the night vision goggle market -
- L3Harris Technologies, Inc.
- BAE Systems plc
- Thales Group
- Elbit Systems Ltd.
- Raytheon Technologies Corporation
- Leonardo DRS
- Rheinmetall AG
- Excelitas Technologies Corp.
- ASELSAN A.S.
- Hensoldt AG
Note: The above list does not necessarily include all the top players in the market.
What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the 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?
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