Image Intensifier Market Trends, Revenue, Major Players, Share Analysis & Forecast by 2027
The report offers insightful information about the market dynamics of the Image Intensifier market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Image Intensifier market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Image Intensifier market.
The image intensifier market size was USD 890.5 Million in 2021 and is expected to register a revenue CAGR of 3.1% during the forecast period, according to the latest analysis by Emergen Research. Increasing military expenditure across the world is a key factor driving revenue growth of the market. Ability of night vision equipment to give military operations an advantage at night has greatly raised product demand, thus increasing demand for image intensifiers. With advent of sensor fusion technology, which is anticipated to drive market growth due to its ability to transfer images for intelligence gathering, new developments in the field of image intensification and thermal devices have been successful in providing vision over a wide range of spectrum.
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