Crystal Market Research has announced the addition of "Riflescope Market Analysis and Forecasts 2018-2023" Market Research report to their database.
The Global Riflescope Market was worth USD 4.78 billion in 2014 and is expected to reach approximately USD 7.03 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.38% during the forecast period.
Riflescope Market - Competitive Insights:
The leading players in the market are Burris Optics, Leupold & Stevens Inc, Vortex Optics, Nikon Optics and Bushnell Optics. New contracts and product launches were the major development factors implemented by the organizations in the riflescope market. The strategy of new product launches held share of 82 percent of the total developments registered in the market between 2011 and 2016.
A Riflescope is a scope mounted on the highest point of a rifle that enhances one's point by amplifying and pinpointing an objective. A riflescope is otherwise called optical sight and gives a positive come back to zero from any elevation modification. It is chiefly used for hunting, and discovers application in Armed Forces and shooting sports. The riflescope market is evaluated to develop significantly in the upcoming years. This development of the market can be credited to the ascent in shooting sports exercises, expanding selection of riflescopes in military, and advancements in technology. The market in Europe is foreseen to witness huge development, attributable to the prevalence of hunting sports.
Riflescope Market - Technology Outlook and Trend Analysis:
Riflescopes with the thermal imaging/infrared innovation are progressively discovering applications in Armed Forces, attributable to their utility in night missions. Animal hunters who hunt around evening time likewise make use of thermal imaging/infrared riflescopes. Inferable from these elements, the warm imaging/infrared portion is assessed to develop at a significant CAGR amid the figure time frame.
Riflescope Market - Table of Contents:
4.Riflescope Market, By Sight Type
5.Riflescope Market, By Technology
6.Riflescope Market, By Application
7.Riflescope Market, By Region
9.Rest of the World
10. Company Profiles
Riflescope Market - Sight Type Outlook and Trend Analysis:
In applications that require precision such as hunting or sniping, iron sights have been largely opted over telescopic sights. Telescopic sights render enhanced vision and assists shooters aim better at the objective. Precision in attack is anticipated to drive the riflescope market for telescopic sight type.
The Riflescope Market is segmented as follows-
Riflescope Market - By sight type:
Riflescope Market - By Technology:
Riflescope Market - By Application:
Riflescope Market - Application Outlook and Trend Analysis:
Based on applications, the Armed Forces segment is foreseen to develop at the highest CAGR amid the forecast period; the hunting application segment is anticipated to rule the market during the forecast period.
Riflescope Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Riflescope Market - Regional Outlook and Trend Analysis:
Europe is anticipated to rule the riflescope market amid the forecast period, owing to the rising popularity of animal hunting activities, soldier modernization activities, and shooting sports. North America is foreseen to be the second-largest market for riflescopes.
Riflescope Market - List of Tables:
Table: Global Riflescope Market, By Sight Type, 2014-2023($Million)
Table: Telescopic Market, By Region, 2014-2023($Million)
Table: Reflex Market, By Region, 2014-2023($Million)
Table: Global Riflescope Market, By Technology, 2014-2023($Million)
Table: Electro Optic Market, By Region, 2014-2023($Million)
Table: Thermal Imaging/Infrared Market, By Region, 2014-2023($Million)
Table: Laser Market, By Region, 2014-2023($Million)
Riflescope Market - List of Figures:
Figure: Global Riflescope Market Share, By Sight Type, 2014 & 2023
Figure: Global Riflescope Market, By Technology, 2014 & 2023 ($Million)
Figure: Global Riflescope Market, By Application, 2014 & 2023 ($Million)
Figure: Global Riflescope Market, By Region, 2014 & 2023 ($Million)
Figure: Bushnell: Net Revenues, 2014-2016 ($Million)
Figure: Bushnell: Net Revenue Share, By Segment, 2016
Figure: Bushnell: Net Revenue Share, By Geography, 2016
Reason to Buy -
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Riflescope market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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