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Image Intensifier Market to Grow 7.6 Percent

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The total world market for image intensifier-type night-vision devices was $378.4 million for 1998, according to a recent report released by Frost & Sullivan in Mountain View, Calif. The company also predicted annual growth of 7.6 percent, reaching $499.6 million by 2005, despite increasing competition from uncooled infrared imaging systems in land-based applications. Military buyers spent $302.3 million in 1998 -- a negative 8 percent growth rate, which reflects the cyclical nature of procurement. Compound annual growth rate for this segment is 3.7 percent. In the less-saturated...Read full article

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