The “Image Intensifiers – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 risis, the global market for Image Intensifiers estimated at US$953.2 Million in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 6.3% over the analysis period 2020-2027.
Goggles, one of the segments analyzed in the report, is projected to record a 7% CAGR and reach US$469.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cameras segment is readjusted to a revised 6.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $281.5 Million, While China is Forecast to Grow at 5.8% CAGR
The Image Intensifiers market in the U.S. is estimated at US$281.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$255.7 Million by the year 2027 trailing a CAGR of 5.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.
Scopes Segment to Record 5.2% CAGR
In the global Scopes segment, USA, Canada, Japan, China and Europe will drive the 5.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$144.4 Million in the year 2020 will reach a projected size of US$206.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$167.6 Million by the year 2027.
Select Competitors (Total 35 Featured):
- Alpha Optics Systems Inc.
- Argus Imaging B.V.
- Canon Medical Systems Corporation
- FLIR Systems, Inc. (Armasight)
- Harris Corporation
- L3 Technologies, Inc.
- Meomed Ltd
- Pennsylvania S.A.
- Photek Ltd.
- PHOTONIS France S.A.S.
- Siemens Corporation
- Thales S.A.
- Yukon advance optics
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 35
- Disclaimer: The following Press Release comes to you under a network of a strategic syndication partnership with PR Newswire. Prittle Prattle News takes no editorial responsibility for the same.