Close

Search

Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
share
Email Facebook Twitter Google+ LinkedIn Comments

Image Intensifier Market to Grow 7.6 Percent

Photonics Spectra
Feb 1999
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 market segment of law enforcement and commercial buyers, spending reached $76.1 million, which represented a 0.8 percent growth rate and a 5.5 percent compound annual growth rate.
Several factors are stimulating sales in both segments, including the increasingly small scale of military operations, the US government's war on drugs and the gradual loosening of American export controls.

Businessdefenselight speed

Comments
Terms & Conditions Privacy Policy About Us Contact Us
back to top

Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA, info@photonics.com
x Subscribe to Photonics Spectra magazine - FREE!
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.