Night Vision Cameras Market Size

Statistics for the 2023 & 2024 Night Vision Cameras market size, created by Mordor Intelligence™ Industry Reports. Night Vision Cameras size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Night Vision Cameras Industry

Night Vision Cameras Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 5.82 Billion
Market Size (2029) USD 10.17 Billion
CAGR (2024 - 2029) 11.78 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Night Vision Cameras Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Night Vision Camera Market Analysis

The Night Vision Cameras Market size is estimated at USD 5.82 billion in 2024, and is expected to reach USD 10.17 billion by 2029, growing at a CAGR of 11.78% during the forecast period (2024-2029).

Night vision cameras protect valuable assets by capturing video evidence of vandalism, theft, and any other unauthorized activity in low-light conditions. Most standard security systems or cameras often fail to fulfill this task. Advanced night vision security cameras enable an impressive array of features to make after-hours video surveillance easy, efficient, and accurate. They are one of the fastest-growing security systems in the global market. As a result, these cameras are being preferred across various industries and in some cases, by several individuals for residential, public infrastructure, and industrial applications.

  • Night vision cameras have several advantages, such as providing a clear view of low-lit areas across various applications. However, such cameras only produce black-and-white images, which is an acceptable compromise in most cases. Various researchers at the University of California, Irvine, aimed to enhance night vision by making an Artificial Intelligence that fills in the blind spots and colorizes the images. The colorization, however, only works with portraits, but in the near future, it may be possible to colorize other features for a more natural feel that turns night into day.
  • Invisible Night Vision cameras are specifically designed for bird boxes, bird feeders, or other nest boxes monitoring support invisible night vision, which, unlike commonly used security cameras with night vision, are equipped with 940nm infrared(IR) LEDs for illumination and serve bird-friendly night vision because only a dim red light will be emitted, which will not spook birds or wildlife, or disturb their natural sleep cycles if the night vision is turned on automatically in a sudden manner. This enables nature lovers to be able to watch crisp black-and-white images of evening activities of birds or wildlife of interest on their mobile devices, allowing them to explore and enjoy the nightly activities of birds or wildlife of interest.
  • Technical developments in thermal imaging cameras will enable companies to incorporate those techniques in their products and capture a vast market share in the future. For example, Cooled thermal imaging cameras necessitate cooling equipment capable of cooling the camera's thermal detector to temperatures as low as 200 Kelvin (-100 F). Several cooling techniques are currently used, including cryogenic liquefied gases, Peltier coolers, and Stirling coolers. A stirling cooler is a cooling device that alternately compresses and releases gas to regulate temperature.
  • These night-vision systems are subjected to challenging battlefield circumstances and extensive military use. The expense of replacing and maintaining a night vision gadget is prohibitively expensive. Refurbishment, repair, or upgrade is a low-cost alternative solution. The increased prices of near-vision device systems relate to practical and durable hardware. Because an image tube can cost millions of dollars to develop, build, and install, the equipment contains a more significant capital expenditure necessary to invest in it. Because of the sensitivity of the cooled infrared detector system, cooled thermal imaging cameras give the best image quality and the most significant variation in ambient temperature. Still, the cooling systems have a limited lifetime.
  • During COVID-19, the South Diego Chula Vista Police Department announced an investment of over USD 11,000 in acquiring two drones equipped with night vision cameras to mitigate the risk for the officers in these areas. The department aimed to watch over people living on the streets with these drones amid the outbreak. Even in most of the countries, the use of night vision cameras has been increased significantly, In Post COVID scenario, India planned to deploy drones powered by artificial intelligence to zoom in on these localities with night-vision cameras.

Night Vision Cameras Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)