ID: MRFR/A&D/7146-HCR | August 2022 | Region: Global | 168 Pages
Table of Contents
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.2. Global Riflescope Market, by Sight Type
1.3. Global Riflescope Market, by Magnification
1.4. Global Riflescope Market, by Technology
1.5. Global Riflescope Market, by Range
1.6. Global Riflescope Market, by Application
1.7. Global Riflescope Market, by Region
2. MARKET INTRODUCTION
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
3. MARKET RESEARCH METHODOLOGY
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
4. MARKET FACTOR ANALYSIS
4.1. Supply Chain Analysis
4.2. Porterβs Five Forces Analysis
5. MARKET DYNAMICS
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. GLOBAL RIFLESCOPE MARKET, BY SIGHT TYPE
6.1. Introduction
6.2. Telescopic
6.3. Reflex
7. GLOBAL RIFLESCOPE MARKET, BY MAGNIFICATION
7.1. Introduction
7.2. Less than 8x
7.3. 8β15x
7.4. More than 15x
8. GLOBAL RIFLESCOPE MARKET, BY TECHNOLOGY
8.1. Introduction
8.2. EO/IR
8.3. Thermal Imaging
8.4. Laser
9. GLOBAL RIFLESCOPE MARKET, BY RANGE
9.1. Introduction
9.2. Short Range (Less than 100 Yards)
9.3. Medium Range (100β500 Yards)
9.4. Long Range (More than 500 Yards)
10. GLOBAL RIFLESCOPE MARKET, BY APPLICATION
10.1. Introduction
10.2. Military & Defense
10.3. Hunting
10.4. Sports
11. GLOBAL RIFLESCOPE MARKET, BY REGION
11.1. Introduction
11.2. North America
11.2.1. US
11.2.2. Canada
11.3. Europe
11.3.1. UK
11.3.2. Germany
11.3.3. France
11.3.4. Russia
11.3.5. Italy
11.3.6. Spain
11.3.7. Ukraine
11.3.8. Netherlands
11.3.9. Rest of Europe
11.4. Asia-Pacific
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia
11.4.5. South Korea
11.4.6. Rest of Asia-Pacific
11.5. Middle East & Africa
11.5.1. Saudi Arabia
11.5.2. UAE
11.5.3. Rest of the Middle East & Africa
11.6. Latin America
11.6.1. Brazil
11.6.2. Rest of Latin America
12. COMPETITIVE LANDSCAPE
12.1. Introduction
12.2. Market Strategy
12.3. Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)
13. COMPANY PROFILES
(Company overview, financial information, products & services offered, key developments, and SWOT analysis to be provided)
13.1. Aimpoint
13.2. BSA Optics
13.3. Burris Company
13.4. Bushnell
13.5. Carl Zeiss AG
13.6. Eotech
13.7. Flir Systems
13.8. Hawke Optics
13.9. Hensoldt
13.10. Leica Camera
Other companies profiled in the report:
13.11. Leupold & Stevens, Inc.
13.12. Nightforce Optics, Inc.
13.13. Nikon
13.14. Primary Arms
13.15. Schmidt & Bender GmbH & Co. Kg
13.16. Sig Sauer
13.17. Steiner
13.18. Trijicon, Inc.
13.19. US Optics
13.20. Vortex Optics
14. APPENDIX
14.1. References
14.2. Related Reports
14.3. List of Abbreviations
LIST OF TABLES
Table 1 Global Riflescope Market, by Sight Type, 2020β2027
Table 2 Global Riflescope Market, by Magnification, 2020β2027
Table 3 Global Riflescope Market, by Technology, 2020β2027
Table 4 Global Riflescope Market, by Range, 2020β2027
Table 5 Global Riflescope Market, by Application, 2020β2027
Table 6 Global Riflescope Market, by Region, 2020β2027
Table 7 North America: Riflescope Market, by Country, 2020β2027
Table 8 North America: Riflescope Market, by Sight Type, 2020β2027
Table 9 North America: Riflescope Market, by Magnification, 2020β2027
Table 10 North America: Riflescope Market, by Technology, 2020β2027
Table 11 North America: Riflescope Market, by Range, 2020β2027
Table 12 North America: Riflescope Market, by Application, 2020β2027
Table 13 US: Riflescope Market, by Sight Type, 2020β2027
Table 14 US: Riflescope Market, by Magnification, 2020β2027
Table 15 US: Riflescope Market, by Technology, 2020β2027
Table 16 US: Riflescope Market, by Range, 2020β2027
Table 17 US: Riflescope Market, by Application, 2020β2027
Table 18 Canada: Riflescope Market, by Sight Type, 2020β2027
Table 19 Canada: Riflescope Market, by Magnification, 2020β2027
Table 20 Canada: Riflescope Market, by Technology, 2020β2027
Table 21 Canada: Riflescope Market, by Range, 2020β2027
Table 22 Canada: Riflescope Market, by Application, 2020β2027
Table 23 Canada: Riflescope Market, by Technology, 2020β2027
Table 24 Europe: Riflescope Market, by Country, 2020β2027
Table 25 Europe: Riflescope Market, by Sight Type, 2020β2027
Table 26 Europe: Riflescope Market, by Magnification, 2020β2027
Table 27 Europe: Riflescope Market, by Technology, 2020β2027
Table 28 Europe: Riflescope Market, by Range, 2020β2027
Table 29 Europe: Riflescope Market, by Application, 2020β2027
Table 30 UK: Riflescope Market, by Sight Type, 2020β2027
Table 31 UK: Riflescope Market, by Magnification, 2020β2027
Table 32 UK: Riflescope Market, by Technology, 2020β2027
Table 33 UK: Riflescope Market, by Range, 2020β2027
Table 34 UK: Riflescope Market, by Application, 2020β2027
Table 35 Germany: Riflescope Market, by Sight Type, 2020β2027
Table 36 Germany: Riflescope Market, by Magnification, 2020β2027
Table 37 Germany: Riflescope Market, by Technology, 2020β2027
Table 38 Germany: Riflescope Market, by Range, 2020β2027
Table 39 Germany: Riflescope Market, by Application, 2020β2027
Table 40 France: Riflescope Market, by Sight Type, 2020β2027
Table 41 France: Riflescope Market, by Magnification, 2020β2027
Table 42 France: Riflescope Market, by Technology, 2020β2027
Table 43 France: Riflescope Market, by Range, 2020β2027
Table 44 France: Riflescope Market, by Application, 2020β2027
Table 45 Russia: Riflescope Market, by Sight Type, 2020β2027
Table 46 Russia: Riflescope Market, by Magnification, 2020β2027
Table 47 Russia: Riflescope Market, by Technology, 2020β2027
Table 48 Russia: Riflescope Market, by Range, 2020β2027
Table 49 Russia: Riflescope Market, by Application, 2020β2027
Table 50 Italy: Riflescope Market, by Sight Type, 2020β2027
Table 51 Italy: Riflescope Market, by Magnification, 2020β2027
Table 52 Italy: Riflescope Market, by Technology, 2020β2027
Table 53 Italy: Riflescope Market, by Range, 2020β2027
Table 54 Italy: Riflescope Market, by Application, 2020β2027
Table 55 Spain: Riflescope Market, by Sight Type, 2020β2027
Table 56 Spain: Riflescope Market, by Magnification, 2020β2027
Table 57 Spain: Riflescope Market, by Technology, 2020β2027
Table 58 Spain: Riflescope Market, by Range, 2020β2027
Table 59 Spain: Riflescope Market, by Application, 2020β2027
Table 60 Ukraine: Riflescope Market, by Sight Type, 2020β2027
Table 61 Ukraine: Riflescope Market, by Magnification, 2020β2027
Table 62 Ukraine: Riflescope Market, by Technology, 2020β2027
Table 63 Ukraine: Riflescope Market, by Range, 2020β2027
Table 64 Ukraine: Riflescope Market, by Application, 2020β2027
Table 65 Netherlands: Riflescope Market, by Sight Type, 2020β2027
Table 66 Netherlands: Riflescope Market, by Magnification, 2020β2027
Table 67 Netherlands: Riflescope Market, by Technology, 2020β2027
Table 68 Netherlands: Riflescope Market, by Range, 2020β2027
Table 69 Netherlands: Riflescope Market, by Application, 2020β2027
Table 70 Rest of Europe: Riflescope Market, by Sight Type, 2020β2027
Table 71 Rest of Europe: Riflescope Market, by Magnification, 2020β2027
Table 72 Rest of Europe: Riflescope Market, by Technology, 2020β2027
Table 73 Rest of Europe: Riflescope Market, by Range, 2020β2027
Table 74 Rest of Europe: Riflescope Market, by Application, 2020β2027
Table 75 Asia-Pacific: Riflescope Market, by Country, 2020β2027
Table 76 Asia-Pacific: Riflescope Market, by Sight Type, 2020β2027
Table 77 Asia-Pacific: Riflescope Market, by Magnification, 2020β2027
Table 78 Asia-Pacific: Riflescope Market, by Technology, 2020β2027
Table 79 Asia-Pacific: Riflescope Market, by Range, 2020β2027
Table 80 Asia-Pacific: Riflescope Market, by Application, 2020β2027
Table 81 China: Riflescope Market, by Sight Type, 2020β2027
Table 82 China: Riflescope Market, by Magnification, 2020β2027
Table 83 China: Riflescope Market, by Technology, 2020β2027
Table 84 China: Riflescope Market, by Range, 2020β2027
Table 85 China: Riflescope Market, by Application, 2020β2027
Table 86 Japan: Riflescope Market, by Sight Type, 2020β2027
Table 87 Japan: Riflescope Market, by Magnification, 2020β2027
Table 88 Japan: Riflescope Market, by Technology, 2020β2027
Table 89 Japan: Riflescope Market, by Range, 2020β2027
Table 90 Japan: Riflescope Market, by Application, 2020β2027
Table 91 India: Riflescope Market, by Sight Type, 2020β2027
Table 92 India: Riflescope Market, by Magnification, 2020β2027
Table 93 India: Riflescope Market, by Technology, 2020β2027
Table 94 India: Riflescope Market, by Range, 2020β2027
Table 95 India: Riflescope Market, by Application, 2020β2027
Table 96 Australia: Riflescope Market, by Sight Type, 2020β2027
Table 97 Australia: Riflescope Market, by Magnification, 2020β2027
Table 98 Australia: Riflescope Market, by Technology, 2020β2027
Table 99 Australia: Riflescope Market, by Range, 2020β2027
Table 100 Australia: Riflescope Market, by Application, 2020β2027
Table 101 South Korea: Riflescope Market, by Sight Type, 2020β2027
Table 102 South Korea: Riflescope Market, by Magnification, 2020β2027
Table 103 South Korea: Riflescope Market, by Technology, 2020β2027
Table 104 South Korea: Riflescope Market, by Range, 2020β2027
Table 105 South Korea: Riflescope Market, by Application, 2020β2027
Table 106 Rest of Asia-Pacific: Riflescope Market, by Sight Type, 2020β2027
Table 107 Rest of Asia-Pacific: Riflescope Market, by Magnification, 2020β2027
Table 108 Rest of Asia-Pacific: Riflescope Market, by Technology, 2020β2027
Table 109 Rest of Asia-Pacific: Riflescope Market, by Range, 2020β2027
Table 110 Rest of Asia-Pacific: Riflescope Market, by Application, 2020β2027
Table 111 Middle East & Africa: Riflescope Market, by Country, 2020β2027
Table 112 Middle East & Africa: Riflescope Market, by Sight Type, 2020β2027
Table 113 Middle East & Africa: Riflescope Market, by Magnification, 2020β2027
Table 114 Middle East & Africa: Riflescope Market, by Technology, 2020β2027
Table 115 Middle East & Africa: Riflescope Market, by Range, 2020β2027
Table 116 Middle East & Africa: Riflescope Market, by Application, 2020β2027
Table 117 Saudi Arabia: Riflescope Market, by Sight Type, 2020β2027
Table 118 Saudi Arabia: Riflescope Market, by Magnification, 2020β2027
Table 119 Saudi Arabia: Riflescope Market, by Technology, 2020β2027
Table 120 Saudi Arabia: Riflescope Market, by Range, 2020β2027
Table 121 Saudi Arabia: Riflescope Market, by Application, 2020β2027
Table 122 UAE: Riflescope Market, by Sight Type, 2020β2027
Table 123 UAE: Riflescope Market, by Magnification, 2020β2027
Table 124 UAE: Riflescope Market, by Technology, 2020β2027
Table 125 UAE: Riflescope Market, by Range, 2020β2027
Table 126 UAE: Riflescope Market, by Application, 2020β2027
Table 127 Rest of the Middle East & Africa: Riflescope Market, by Sight Type, 2020β2027
Table 128 Rest of the Middle East & Africa: Riflescope Market, by Magnification, 2020β2027
Table 129 Rest of the Middle East & Africa: Riflescope Market, by Technology, 2020β2027
Table 130 Rest of the Middle East & Africa: Riflescope Market, by Range, 2020β2027
Table 131 Rest of the Middle East & Africa: Riflescope Market, by Application, 2020β2027
Table 132 Latin America: Riflescope Market, by Country, 2020β2027
Table 133 Latin America: Riflescope Market, by Sight Type, 2020β2027
Table 134 Latin America: Riflescope Market, by Magnification, 2020β2027
Table 135 Latin America: Riflescope Market, by Technology, 2020β2027
Table 136 Latin America: Riflescope Market, by Range, 2020β2027
Table 137 Latin America: Riflescope Market, by Application, 2020β2027
Table 138 Brazil: Riflescope Market, by Sight Type, 2020β2027
Table 139 Brazil: Riflescope Market, by Magnification, 2020β2027
Table 140 Brazil: Riflescope Market, by Technology, 2020β2027
Table 141 Brazil: Riflescope Market, by Range, 2020β2027
Table 142 Brazil: Riflescope Market, by Application, 2020β2027
Table 143 Rest of Latin America: Riflescope Market, by Sight Type, 2020β2027
Table 144 Rest of Latin America: Riflescope Market, by Magnification, 2020β2027
Table 145 Rest of Latin America: Riflescope Market, by Technology, 2020β2027
Table 146 Rest of Latin America: Riflescope Market, by Range, 2020β2027
Table 147 Rest of Latin America: Riflescope Market, by Application, 2020β2027
LIST OF FIGURES
FIGURE 1 Research Process of MRFR
FIGURE 2 Top-Down & Bottom-Up Approaches
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Riflescope Market Share, by Sight Type, 2020 (%)
FIGURE 9 Global Riflescope Market, by Sight Type, 2020β2027 (USD Million)
FIGURE 10 Global Riflescope Market Share, by Magnification, 2020 (%)
FIGURE 11 Global Riflescope Market, by Magnification, 2020β2027 (USD Million)
FIGURE 12 Global Riflescope Market Share, by Technology, 2020 (%)
FIGURE 13 Global Riflescope Market, by Technology, 2020β2027 (USD Million)
FIGURE 14 Global Riflescope Market Share, by Range, 2020 (%)
FIGURE 15 Global Riflescope Market, by Range, 2020β2027 (USD Million)
FIGURE 16 Global Riflescope Market Share, by Application, 2020 (%)
FIGURE 17 Global Riflescope Market, by Application, 2020β2027 (USD Million)
FIGURE 18 Global Riflescope Market Share (%), by Region, 2020
FIGURE 19 Global Riflescope Market, by Region, 2020β2027 (USD Million)
FIGURE 20 North America: Riflescope Market Share (%), 2020
FIGURE 21 North America: Riflescope Market, by Country, 2020β2027 (USD Million)
FIGURE 22 Europe: Riflescope Market Share (%), 2020
FIGURE 23 Europe: Riflescope Market, by Country, 2020β2027 (USD Million)
FIGURE 24 Asia Pacific: Riflescope Market Share (%), 2020
FIGURE 25 Asia Pacific: Riflescope Market, by Country, 2020β2027 (USD Million)
FIGURE 26 Middle East & Africa: Riflescope Market Share (%), 2020
FIGURE 27 Middle East & Africa: Riflescope Market, by Country, 2020β2027 (USD Million)
FIGURE 28 Latin America: Riflescope Market Share (%), 2020
FIGURE 29 Latin America: Riflescope Market, by Country, 2020β2027 (USD Million)
$1213.07Million
6.87%
North American
2020-2030
The protection and safeguard of military forces is a global concern. The rise in awareness to protect the military snipers is diversifying across the world because the world's peace lies in their hands. These crucial factors are rising the markets related to the military field. All the military equipment and materials markets receive huge attention and opportunities from government entities. Riflescope market is one of the markets related to defense sector services. The above factors are even driving the Riflescope market Growth due to its military requirements.
A riflescope is defined as the telescopic sight on a rifle. It is usually mounted on a rifle to see the targeted object. The riflescope functions as a telescope to aim a particular object with its provided lens. It helps the military snipers to aim at the targeted object and attack them. Due to this advantage, the Riflescope Market is receiving widespread demand from defense sectors worldwide. Riflescopes are advanced in features; they consist of various properties such as magnification, the field of view, objective lens diameter, and other important properties fueling up the Riflescope Market. These features and properties help the military forces in various military operations and missions while targeting the opponents and their attacks. Hence, due to these features, the Riflescope Market is rising high. The growing demand for enhanced targeting capabilities by the military forces, especially the snipers, is propelling the Riflescope Market.
The government's support and its increased investments in the military markets to provide better services to the defense sectors are encouraging the Riflescope Market Trends. The investments by the defense entities for the procurement of improved and advanced military equipment, for example, riflescopes for military snipers, are accelerating the Riflescope Market Growth.
Due to all these growth factors, the Riflescope Market is registered to reach its expected CAGR of 5.41% of the value of worth USD 9516.97 Billion by 2030 during the review period.
COVID-19 Analysis
The COVID-19 pandemic has shown a worse impact on the various market sector. It faced challenging situations due to huge revenue losses. But the pandemic period has shown moderate impact on the Riflescope Market because riflescopes in military forces were of prime importance. The supply of these products was of high priority due to the rise of terrorist attacks. But due to the lockdown effect, the manufacturing operation and production process were halted. Still, soon it started resuming after the global pandemic started decreasing gradually—the Riflescope Market Value to achieve its estimated growth rate in the coming years.
Chief Factors Existing In The Market
Key Market Drivers
The chief driver of the Riflescope Market Forecast is boosting up the market at the global level. The increase in demand for riflescopes in sports like shooting and hunting is driving the market. The advancement in riflescope technology for precision, especially in a military operation, largely propels the Riflescope Market Share. These chief drivers make the market's growth rate emerge in the forecast period.
Market Challenges
The Riflescope Market is facing challenging factors due to various reasons. The high-cost issues for manufacturing advanced riflescopes have been challenging for the market. But the key players are working on it to provide affordable services to the defense sector.
Market Opportunities
The Riflescope Market Analysis is noticing emerging opportunities due to its worldwide demand. The investments of defense entities and government support are uplifting the market with huge opportunities.
Market Restraints
The restraining factors of the Riflescope Market are hampering the growth during the processing period. The stringent government regulations for hunting activities are limiting the growth rate of the Riflescope Market.
Cumulative Evaluation Of The Market
The Riflescope Market has been showing consistent growth in past years, and it will continue its growth in the coming years with high CAGR value. The key drivers of the market are driving its growth factors—the rising growth opportunities to emerge the Riflescope Market Value in the future years. The growth limiting factors are limited the market growth, but the key players are trying their best to overcome the issues of the market during the progression period. The COVID-19 effect was noticed in the market's growth rate, but in the future years, the Riflescope Market Forecast will restore its loss.
Market Segmentation
The Riflescope Market Size is segmented into various sub-segments based on sight type, magnification, technology, and range.
The Riflescope Market is divided into telescopic and reflex in the sight type segment. Between these, the telescopic segment has accounted for the largest market share of the Riflescope Market Share. This is due to its advanced features, such as accurate aiming and illumination, which improve precision. The reflex segment features rapid target engagement, easy operability, and increased visibility. These features uplift the reflex segment.
By Magnification
Based on the magnification segment, the Riflescope Market is classified into various magnification lens measurements such as less than 8x, 8 to 15x, and more than 15x. 8x are short-range rifles that are used for short-range shootings. The hunting and shooting activities are driving the 8x segment. The 8 to 15x segment holds the largest market share of the Riflescope Market Share, and features like short-range and accuracy drive this sub-segment. The more than 15x magnification segment is mostly used by military snipers because of its higher magnification and resolution.
By Technology
The Riflescope Market Size is segmented into EO/IR, thermal imaging, and laser. Due to advanced optic capability, the EO/IR riflescopes can shoot the target with accuracy. The thermal imaging sound enhanced surveillance, high visibility, and alert for false alarms. These features are boosting up the segment. The laser riflescopes are widely used in tactical missions with features like targeting the object in low light with accuracy.
By Range
The Riflescope Market is categorized into short-range, medium-range, and long-range in the range segment. Among these, the short-range segment has been dominating the market for the past years due to its features like rapid target acquisition, wide-field view, and lightweight. The medium-range riflescopes enable users to experience enhanced target acquisition of clearer vision to the long-distance target. The long ranges are usually used in military forces. The long-range segment shows a significant growth rate during the forecast period due to the increased terror attacks.
The geographical status of the Riflescope Market Outlook shows the development of the market in various regions of the world such as North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The North American region is the dominating region, and it will remain the largest regional market among other regions. The use of riflescopes in the European Countries enhances the regional growth of the Riflescope market. The Asia Pacific market reached the highest CAGR value during the evaluation period due to shooting sports and hunting in developed countries like Japan, Australia, and South Korea. The regional market of the Middle East & Africa, and Latin American even show a steady growth rate due to the use of rifles for security and military activities.
Competitive Intensity Within The Industry
Below listed are the key players worldwide responsible for propelling the Riflescope Market Outlook at the global level.
Recent Market Developments
US has provided at least 600,000 infantry weapons, including M16 rifles, 162,000 pieces of communication equipment, and 16,000 night-vision goggle devices to Afghan forces since 2003. As per Forbes, the sights on night-vision sniper rifle scopes can cost up to $35,000, but the majority cost between $5,000 and $10,000.
Report Overview
The complete overview of the Riflescope Market states the role of marketing dynamics and its impact on the market. The drivers of the Riflescope Market Trends are accelerating market growth. The key players check the restraining and challenging factors so that it doesn’t show a bad impact on the market. The COVID analysis report shows the revenue loss and further processes to restore the market's growth rate, and the regional analysis states the growth of Riflescope Market Analysis in various developing countries across the globe. The development of the market to be noticed in the future years. Further, the Riflescope Market Value reached its estimated USD value with a high CAGR.
Key Industrial Segments
By Sight Type
By Magnification
By Technology
By Range
Report Attribute/Metric | Details |
---|---|
Market Size | USD 9516.97 Billion (2030) |
CAGR | 5.41% (2020-2030) |
Base Year | 2019 |
Forecast Period | 2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Sight Type, Magnification, Application |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | 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) |
Key Market Opportunities | Stringent government regulations for hunting |
Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The North American region is considered the dominating region of the Riflescope market.
The segments of the Riflescope Market are sight type, magnification, technology, and range.
The estimated value of the Riflescope Market was 6.29 Billion during the forecast period.