Night Vision System (NVS) Industry - Regional Synopsis
Asia Pacific industry is expected to account for largest revenue share of 37% by 2037, backed by launch of new products with new technology by key players following by merges, acquisition, partnership, and collaboration.is estimated to boost the market growth in this region. Hanwha Systems Co., a major South Korean defence contractor, has partnered with vehicle-related sensor producer Truwin Co. to develop car sensors and semiconductors to assist autonomous driving technologies.
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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of night vision system is evaluated at USD 484.74 million.
Night Vision System (NVS) Market size was valued at USD 433.85 million in 2024 and is set to exceed USD 2.32 billion by 2037, expanding at over 13.8% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is expected to account for largest revenue share of 37% by 2037, backed by launch of new products with new technology by key players following by merges, acquisition, partnership, and collaboration.
The major players in the market are Veoneer HoldCo, LLC., Aptiv, Continental AG, Robert Bosch GmbH, Valeo, Magna International Inc., and more.
