Market Forecast
The Riflescope Market is projected to be valued at USD 6.29 Billion by 2025, registering a CAGR of over 3.41% from 2019 to 2025. Market growth can be attributed to the demand for riflescopes in shooting sports and hunting. Furthermore, innovations in the field of optics are expected to positively impact market growth. Riflescopes are also used in the military by snipers and ground troops. A rise in government investments in the upgrade of armaments is projected to fuel Riflescope Market growth during the forecast period.
Market USP
Innovations in the field of optics
Growth Opportunities in the Market
- Dominance of telescopic riflescope in the market: The telescopic segment accounted for the larger market share in 2018 and is expected to remain dominant during the forecast period. The segment accounted for over 43% of the global market share. Telescopic rifle scopes offer a magnified view that enables users to shoot at long ranges and assist in target identification.
- 8–15x magnification segment expected to lead the market: The 8–15x magnification segment was the largest in 2018 valued at approximately USD 1.14 billion. Its competitive costs and widespread use in hunting and shooting sports are expected to positively impact market growth.
- Thermal imaging segment to dominate the market: The thermal imaging segment led the market in 2018 with a value of approximately USD 890.4 million. The use of thermal imaging riflescopes by the military during covert operations is expected to drive the growth of the segment. The military modernization programs undertaken by the governments in countries such as the US, China, and India are further projected to fuel the demand for thermal imaging riflescopes.
- Medium range (100–500 Yards) riflescopes in high demand: The benefits offered by medium range (100–500 yards) riflescopes such as wide field of view, target accuracy, and cost-effectiveness are expected to drive the growth of the segment. The use of medium-range riflescopes for hunting is also fueling demand.
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Key Players
- Aimpoint (Sweden)
- BSA Optics (US)
- Burris Company (US)
- Bushnell (US)
- Carl Zeiss AG (Germany)
- Eotech (US)
- FLIR Systems (US)
- Hawke Optics (UK)
- Hensoldt (Germany)
- Leica Camera (Germany)
- Leupold & Stevens, Inc. (US)
- Nightforce Optics, Inc. (US)
- Nikon Corporation (Japan)
- Primary Arms LLC (US)
- Schmidt & Bender GmbH & Co. Kg (Germany)
- Sig Sauer (US)
- Steiner (US)
- Trijicon, Inc. (US)
- US Optics (US)
- Vortex Optics (US)
The latest trending report Global Riflescope Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Riflescope market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Riflescope industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Riflescope and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/17462-riflescope-market-analysis-reportThe major players covered in Riflescope are:BushnellNightforceNikonLeupoldHawke OpticsBurrisHensoldtWALTHERSchmidt-BenderBSATascoMeoptaVortex OpticsMillettSwarovskiLEAPERSBarskaGamoWeaveropticsAimpointNantong Universal Optical InstrumentZeissSam Electrical EquipmentsNorinco GroupHolosunSightmarkSIGSightronNtansSimmonsBy Type, Riflescope market has been segmented intoTelescopic SightCollimating Optical SightReflex SightBy Application, Riflescope has been segmented into:HuntingShooting SportsArmed ForcesThe report offers in-depth assessment of the growth and other aspects of the Riflescope market in important countries (regions), including:North America (United States, Canada and Mexico)Europe (Germany, France, UK, Russia and Italy)Asia-Pacific (China, Japan, Korea, India and Southeast Asia)South America (Brazil, Argentina, etc.
)Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Riflescope Market @ https://www.decisiondatabases.com/contact/download-sample-17462The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Riflescope product scope, market overview, market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Riflescope, with price, sales, revenue and global market share of Riflescope in 2018 and 2019.Chapter 3, the Riflescope competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Riflescope breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Riflescope market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Riflescope sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Riflescope Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-17462Other Reports by DecisionDatabases.com:Global Sports Rifle Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Large Caliber Ammunition Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Small Caliber Ammunition Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Attached on top of a weapon, sighted and used for aiming, riflescope provides better vision, accuracy, helps in longer shots, etc. Manufacturers are providing various advanced features in the riflescope to make it easy to aim and shoot. New technology is being used to make actual shooting similar to a computer game. Manufacturers are also integrating night-vision and thermal imaging optics technology in riflescope. Meanwhile, the concept of smart rifle is also gaining traction among the shooting community. The report, compiled by Research Report Insights, provides in-depth analysis of the global riflescope market for the forecast period 2017-2022, and offers key insights about future market direction.
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The next section offers an overview of the riflescope market. This comprises an introduction to the market, along with a standard definition of the product – riflescope. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
According to the report compiled by Research Report Insights, the global market for riflescope is likely to experience moderate growth. The market is estimated to bring in US$ 5,455.7 million revenue towards the end of 2022.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
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The scope of Research Report Insights report is to analyze the global riflescope market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Riflescope manufacturers, stakeholders, and suppliers in the global sporting goods & accessories industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.
The report commences with a brief information of the global riflescope market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global riflescope market.
Considering the broad scope of the global riflescope market, the report by Research Report Insights provides in-depth and segment-wise analysis and forecast. The global riflescope market is segmented on the basis of product type, technology, application, and region. This segmentation also offers detailed country-wise analysis on all the key parameters.
In order to offer readers with up-to-date information about the latest advancements in the global riflescope market, the report provides updates about market opportunities, which can benefit leading manufacturers of riflescope. With continuous evolution of the sporting goods & accessories industry, keeping a record of latest developments and trends is fundamental for riflescope manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Report Analysis@ https://www.researchreportinsights.com/report/rd/110114641/Riflescope-Market
Besides, the report also represents the market performance by value chain analysis which will help to provide better product differentiation along with the analysis of each segment regarding opportunity, market attractiveness index and growth rate.
Hunting is the major application of riflescope, which accounted for 24.4%.
Shooting sports and hunting have emerging to be a fast-growing market of riflescope in developed countries.
According to this study, over the next five years the Riflescope market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 5490 million by 2024, from US$ 3800 million in 2019.
Browse the complete Riflescope market Report and TOC @ https://www.decisiondatabases.com/ip/16195-riflescope-market-analysis-report The key manufacturers covered in this report: BushnellLeupoldBurrisNikonSchmidt-BenderWALTHERHawke OpticsNightforceBSAHensoldtVortex OpticsBarskaAimpointLEAPERSTascoSwarovskiWeaveropticsMeoptaGamoMillettZeiss Segmentation by product type: Telescopic SightCollimating Optical SightReflex Sight Segmentation by application: HuntingShooting SportsArmed Forces This report also splits the market by region: AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapan…….
Download Free Sample Report of Global Riflescope Market Report @ https://www.decisiondatabases.com/contact/download-sample-16195 Research objectives To study and analyze the global Riflescope consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.To understand the structure of Riflescope market by identifying its various subsegments.Focuses on the key global Riflescope manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Riflescope with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the consumption of Riflescope submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.
Global Red Dot Riflescope Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe.
Though equipped with a gun that fires bullets, the right-click button could be held to scroll the observing area of the screen in the way of the mouse courser, without moving your character, thereby fundamentally raising the watching range in one direction.
Red Dot Riflescope Market by Product Type: -Telescopic SightCollimating Optical Sight Red Dot Riflescope Market by Applications: -Shooting SportsArmed ForcesOther View Full Report with TOC @ https://www.millioninsights.com/industry-reports/red-dot-riflescope-market The Key Factor That Drives the Growth of Red Dot Riflescope Market Research Report by Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026Top Key Manufacturers of Red Dot Riflescope market are:-BushnellLeupoldBurrisNikonSchmidt-BenderWALTHEROther Geographical Analysis of Red Dot Riflescope Market:- North America • Europe • China • Japan • Southeast Asia • India Red Dot Riflescope Market is categorized based on product type, applications, and geography.
Red Dot Riflescope Market is categorized based on application into Hunting, Shooting Sports, Armed Forces, Other Red Dot Riflescope Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe).
North America has been at the forefront with regards to Red Dot Riflescope Market and will continue to rule the roost in the years to come.
Some of the key players that fuel the growth of the Red Dot Riflescope Market include Burris, Nikon, Schmidt-Bender, Bushnell, Leupold, Nightforce, WALTHER, Hawke Optics, BSA, Hensoldt, Vortex Optics, Nantong Universal Optical Instrument, Weaveroptics, Millett, LEAPERS, Tasco, Swarovski, Meopta, Zeiss, Sightron, Gamo, Simmons, Sightmark, Norinco Group, Barska, Aimpoint, Ntans, Sam Electrical Equipment’s.
Global Riflescope MarketThe Global Riflescope Market report gives a comprehensive overview of the Riflescope market scenario to present accurate forecasts of the upcoming years with special focus on the competitive landscape, market segmentation, current and emerging trends, and strategic recommendations to help readers gain a robust footing in the market.
The report also focuses on the comprehensive analysis of the competitive landscape along with descriptive company profiles, market share, product portfolio, financial standings, market reach, global position, and strategic business expansion plans.The report is furnished with the latest market scenario pertaining to the COVID-19 pandemic and its after-effects on the Riflescope industry and the key segments.
The pandemic has disrupted the workflow of the industry and created financial difficulties.
The report assesses the complete impact of the pandemic on the market and offers key insights into the market scenario along with trends and demands disruptions.
The report also offers an outlook on the market scenario in the forecast timeline.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/393Some of the players profiled in the report are Bushnell, Leupold, Burris, Nikon, Schmidt-Bender, WALTHER, Hawke Optics, Nightforce, BSA, Hensoldt, Vortex Optics, Barska, Aimpoint, LEAPERS, Tasco, Swarovski, Weaveroptics, Meopta, Gamo, Millett, Zeiss, Sightron, Simmons, Sightmark, Norinco Group, SAM ELECTRICAL EQUIPMENTS, Nantong Universal Optical Instrument, Ntans.
The Global Riflescope Market is segmented as follows:Segmentation by Product Type:Telescopic SightCollimating Optical SightReflex SightSegmentation by Application/End-user:HuntingShooting SportsArmed ForcesOtherRequest a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/393Market Segmentation by Regions:North America (U.S., Canada)Europe (U.K., Italy, Germany, France, Rest of EU)Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)Latin America (Chile, Brazil, Argentina, Rest of Latin America)Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)Key Questions Answered by the Report:Which market segment or sub-segment is expected to grow at the highest CAGR during the forecast timeline?What is the forecast valuation of the Riflescope market?Who are the leading players in the industry?