Riflescope Market Research Report - Global Forecast till 2030

Riflescope Market Research Report: Information by Sight Type (Telescopic and Reflex), Magnification (Less than 8x, 8–15x and More than 15x), Technology (EO/IR, Thermal Imaging and Laser), Range (Short Range [Less than 100 Yards], Medium-Range [100–500 Yards] and Long Range [More than 500 Yards]), Application (Military & Defense, Hunting and Sports) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030

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. Porter’s 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. 8–15x

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 (100–500 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, 2020–2027

Table 2 Global Riflescope Market, by Magnification, 2020–2027

Table 3 Global Riflescope Market, by Technology, 2020–2027

Table 4 Global Riflescope Market, by Range, 2020–2027

Table 5 Global Riflescope Market, by Application, 2020–2027

Table 6 Global Riflescope Market, by Region, 2020–2027

Table 7 North America: Riflescope Market, by Country, 2020–2027

Table 8 North America: Riflescope Market, by Sight Type, 2020–2027

Table 9 North America: Riflescope Market, by Magnification, 2020–2027

Table 10 North America: Riflescope Market, by Technology, 2020–2027

Table 11 North America: Riflescope Market, by Range, 2020–2027

Table 12 North America: Riflescope Market, by Application, 2020–2027

Table 13 US: Riflescope Market, by Sight Type, 2020–2027

Table 14 US: Riflescope Market, by Magnification, 2020–2027

Table 15 US: Riflescope Market, by Technology, 2020–2027

Table 16 US: Riflescope Market, by Range, 2020–2027

Table 17 US: Riflescope Market, by Application, 2020–2027

Table 18 Canada: Riflescope Market, by Sight Type, 2020–2027

Table 19 Canada: Riflescope Market, by Magnification, 2020–2027

Table 20 Canada: Riflescope Market, by Technology, 2020–2027

Table 21 Canada: Riflescope Market, by Range, 2020–2027

Table 22 Canada: Riflescope Market, by Application, 2020–2027

Table 23 Canada: Riflescope Market, by Technology, 2020–2027

Table 24 Europe: Riflescope Market, by Country, 2020–2027

Table 25 Europe: Riflescope Market, by Sight Type, 2020–2027

Table 26 Europe: Riflescope Market, by Magnification, 2020–2027

Table 27 Europe: Riflescope Market, by Technology, 2020–2027

Table 28 Europe: Riflescope Market, by Range, 2020–2027

Table 29 Europe: Riflescope Market, by Application, 2020–2027

Table 30 UK: Riflescope Market, by Sight Type, 2020–2027

Table 31 UK: Riflescope Market, by Magnification, 2020–2027

Table 32 UK: Riflescope Market, by Technology, 2020–2027

Table 33 UK: Riflescope Market, by Range, 2020–2027

Table 34 UK: Riflescope Market, by Application, 2020–2027

Table 35 Germany: Riflescope Market, by Sight Type, 2020–2027

Table 36 Germany: Riflescope Market, by Magnification, 2020–2027

Table 37 Germany: Riflescope Market, by Technology, 2020–2027

Table 38 Germany: Riflescope Market, by Range, 2020–2027

Table 39 Germany: Riflescope Market, by Application, 2020–2027

Table 40 France: Riflescope Market, by Sight Type, 2020–2027

Table 41 France: Riflescope Market, by Magnification, 2020–2027

Table 42 France: Riflescope Market, by Technology, 2020–2027

Table 43 France: Riflescope Market, by Range, 2020–2027

Table 44 France: Riflescope Market, by Application, 2020–2027

Table 45 Russia: Riflescope Market, by Sight Type, 2020–2027

Table 46 Russia: Riflescope Market, by Magnification, 2020–2027

Table 47 Russia: Riflescope Market, by Technology, 2020–2027

Table 48 Russia: Riflescope Market, by Range, 2020–2027

Table 49 Russia: Riflescope Market, by Application, 2020–2027

Table 50 Italy: Riflescope Market, by Sight Type, 2020–2027

Table 51 Italy: Riflescope Market, by Magnification, 2020–2027

Table 52 Italy: Riflescope Market, by Technology, 2020–2027

Table 53 Italy: Riflescope Market, by Range, 2020–2027

Table 54 Italy: Riflescope Market, by Application, 2020–2027

Table 55 Spain: Riflescope Market, by Sight Type, 2020–2027

Table 56 Spain: Riflescope Market, by Magnification, 2020–2027

Table 57 Spain: Riflescope Market, by Technology, 2020–2027

Table 58 Spain: Riflescope Market, by Range, 2020–2027

Table 59 Spain: Riflescope Market, by Application, 2020–2027

Table 60 Ukraine: Riflescope Market, by Sight Type, 2020–2027

Table 61 Ukraine: Riflescope Market, by Magnification, 2020–2027

Table 62 Ukraine: Riflescope Market, by Technology, 2020–2027

Table 63 Ukraine: Riflescope Market, by Range, 2020–2027

Table 64 Ukraine: Riflescope Market, by Application, 2020–2027

Table 65 Netherlands: Riflescope Market, by Sight Type, 2020–2027

Table 66 Netherlands: Riflescope Market, by Magnification, 2020–2027

Table 67 Netherlands: Riflescope Market, by Technology, 2020–2027

Table 68 Netherlands: Riflescope Market, by Range, 2020–2027

Table 69 Netherlands: Riflescope Market, by Application, 2020–2027

Table 70 Rest of Europe: Riflescope Market, by Sight Type, 2020–2027

Table 71 Rest of Europe: Riflescope Market, by Magnification, 2020–2027

Table 72 Rest of Europe: Riflescope Market, by Technology, 2020–2027

Table 73 Rest of Europe: Riflescope Market, by Range, 2020–2027

Table 74 Rest of Europe: Riflescope Market, by Application, 2020–2027

Table 75 Asia-Pacific: Riflescope Market, by Country, 2020–2027

Table 76 Asia-Pacific: Riflescope Market, by Sight Type, 2020–2027

Table 77 Asia-Pacific: Riflescope Market, by Magnification, 2020–2027

Table 78 Asia-Pacific: Riflescope Market, by Technology, 2020–2027

Table 79 Asia-Pacific: Riflescope Market, by Range, 2020–2027

Table 80 Asia-Pacific: Riflescope Market, by Application, 2020–2027

Table 81 China: Riflescope Market, by Sight Type, 2020–2027

Table 82 China: Riflescope Market, by Magnification, 2020–2027

Table 83 China: Riflescope Market, by Technology, 2020–2027

Table 84 China: Riflescope Market, by Range, 2020–2027

Table 85 China: Riflescope Market, by Application, 2020–2027

Table 86 Japan: Riflescope Market, by Sight Type, 2020–2027

Table 87 Japan: Riflescope Market, by Magnification, 2020–2027

Table 88 Japan: Riflescope Market, by Technology, 2020–2027

Table 89 Japan: Riflescope Market, by Range, 2020–2027

Table 90 Japan: Riflescope Market, by Application, 2020–2027

Table 91 India: Riflescope Market, by Sight Type, 2020–2027

Table 92 India: Riflescope Market, by Magnification, 2020–2027

Table 93 India: Riflescope Market, by Technology, 2020–2027

Table 94 India: Riflescope Market, by Range, 2020–2027

Table 95 India: Riflescope Market, by Application, 2020–2027

Table 96 Australia: Riflescope Market, by Sight Type, 2020–2027

Table 97 Australia: Riflescope Market, by Magnification, 2020–2027

Table 98 Australia: Riflescope Market, by Technology, 2020–2027

Table 99 Australia: Riflescope Market, by Range, 2020–2027

Table 100 Australia: Riflescope Market, by Application, 2020–2027

Table 101 South Korea: Riflescope Market, by Sight Type, 2020–2027

Table 102 South Korea: Riflescope Market, by Magnification, 2020–2027

Table 103 South Korea: Riflescope Market, by Technology, 2020–2027

Table 104 South Korea: Riflescope Market, by Range, 2020–2027

Table 105 South Korea: Riflescope Market, by Application, 2020–2027

Table 106 Rest of Asia-Pacific: Riflescope Market, by Sight Type, 2020–2027

Table 107 Rest of Asia-Pacific: Riflescope Market, by Magnification, 2020–2027

Table 108 Rest of Asia-Pacific: Riflescope Market, by Technology, 2020–2027

Table 109 Rest of Asia-Pacific: Riflescope Market, by Range, 2020–2027

Table 110 Rest of Asia-Pacific: Riflescope Market, by Application, 2020–2027

Table 111 Middle East & Africa: Riflescope Market, by Country, 2020–2027

Table 112 Middle East & Africa: Riflescope Market, by Sight Type, 2020–2027

Table 113 Middle East & Africa: Riflescope Market, by Magnification, 2020–2027

Table 114 Middle East & Africa: Riflescope Market, by Technology, 2020–2027

Table 115 Middle East & Africa: Riflescope Market, by Range, 2020–2027

Table 116 Middle East & Africa: Riflescope Market, by Application, 2020–2027

Table 117 Saudi Arabia: Riflescope Market, by Sight Type, 2020–2027

Table 118 Saudi Arabia: Riflescope Market, by Magnification, 2020–2027

Table 119 Saudi Arabia: Riflescope Market, by Technology, 2020–2027

Table 120 Saudi Arabia: Riflescope Market, by Range, 2020–2027

Table 121 Saudi Arabia: Riflescope Market, by Application, 2020–2027

Table 122 UAE: Riflescope Market, by Sight Type, 2020–2027

Table 123 UAE: Riflescope Market, by Magnification, 2020–2027

Table 124 UAE: Riflescope Market, by Technology, 2020–2027

Table 125 UAE: Riflescope Market, by Range, 2020–2027

Table 126 UAE: Riflescope Market, by Application, 2020–2027

Table 127 Rest of the Middle East & Africa: Riflescope Market, by Sight Type, 2020–2027

Table 128 Rest of the Middle East & Africa: Riflescope Market, by Magnification, 2020–2027

Table 129 Rest of the Middle East & Africa: Riflescope Market, by Technology, 2020–2027

Table 130 Rest of the Middle East & Africa: Riflescope Market, by Range, 2020–2027

Table 131 Rest of the Middle East & Africa: Riflescope Market, by Application, 2020–2027

Table 132 Latin America: Riflescope Market, by Country, 2020–2027

Table 133 Latin America: Riflescope Market, by Sight Type, 2020–2027

Table 134 Latin America: Riflescope Market, by Magnification, 2020–2027

Table 135 Latin America: Riflescope Market, by Technology, 2020–2027

Table 136 Latin America: Riflescope Market, by Range, 2020–2027

Table 137 Latin America: Riflescope Market, by Application, 2020–2027

Table 138 Brazil: Riflescope Market, by Sight Type, 2020–2027

Table 139 Brazil: Riflescope Market, by Magnification, 2020–2027

Table 140 Brazil: Riflescope Market, by Technology, 2020–2027

Table 141 Brazil: Riflescope Market, by Range, 2020–2027

Table 142 Brazil: Riflescope Market, by Application, 2020–2027

Table 143 Rest of Latin America: Riflescope Market, by Sight Type, 2020–2027

Table 144 Rest of Latin America: Riflescope Market, by Magnification, 2020–2027

Table 145 Rest of Latin America: Riflescope Market, by Technology, 2020–2027

Table 146 Rest of Latin America: Riflescope Market, by Range, 2020–2027

Table 147 Rest of Latin America: Riflescope Market, by Application, 2020–2027

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, 2020–2027 (USD Million)

FIGURE 10 Global Riflescope Market Share, by Magnification, 2020 (%)

FIGURE 11 Global Riflescope Market, by Magnification, 2020–2027 (USD Million)

FIGURE 12 Global Riflescope Market Share, by Technology, 2020 (%)

FIGURE 13 Global Riflescope Market, by Technology, 2020–2027 (USD Million)

FIGURE 14 Global Riflescope Market Share, by Range, 2020 (%)

FIGURE 15 Global Riflescope Market, by Range, 2020–2027 (USD Million)

FIGURE 16 Global Riflescope Market Share, by Application, 2020 (%)

FIGURE 17 Global Riflescope Market, by Application, 2020–2027 (USD Million)

FIGURE 18 Global Riflescope Market Share (%), by Region, 2020

FIGURE 19 Global Riflescope Market, by Region, 2020–2027 (USD Million)

FIGURE 20 North America: Riflescope Market Share (%), 2020

FIGURE 21 North America: Riflescope Market, by Country, 2020–2027 (USD Million)

FIGURE 22 Europe: Riflescope Market Share (%), 2020

FIGURE 23 Europe: Riflescope Market, by Country, 2020–2027 (USD Million)

FIGURE 24 Asia Pacific: Riflescope Market Share (%), 2020

FIGURE 25 Asia Pacific: Riflescope Market, by Country, 2020–2027 (USD Million)

FIGURE 26 Middle East & Africa: Riflescope Market Share (%), 2020

FIGURE 27 Middle East & Africa: Riflescope Market, by Country, 2020–2027 (USD Million)

FIGURE 28 Latin America: Riflescope Market Share (%), 2020

FIGURE 29 Latin America: Riflescope Market, by Country, 2020–2027 (USD Million)


Riflescope Market

Riflescope Market Size Valued at USD 1213.07Million, market Grow at a CAGR Of 6.87% by 2020 -2030

Segmentation

By Sight Type Telescopic Reflex
By Magnification Less Than 8x 8–15x More Than 15x
By Technology Eo/Ir Thermal Imaging Laser
By Range Short Range Medium Range Long Range
By Application Military & Defense Hunting Sports

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)
  • 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)

Drivers

  • Increasing Demand in Hunting and Shooting Sports
  • Advancements in Riflescope Technology for Precision
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Riflescope Market Overview


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.


By Sight Type

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.


Regional Analysis

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.



  • 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)

  • 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)


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



  • Telescopic

  •  Reflex


By Magnification



  • Less than 8x

  • 8–15x

  • More than 15x


By Technology



  • EO/IRThermal Imaging

  • Laser


By Range



  • Short Range (Less than 100 Yards)

  • Medium Range (100–500 Yards)

  • Long Range (More than 500 Yards)



Report Scope:
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

  • Increasing Demand in Hunting and Shooting Sports.
  • Advancements in Riflescope Technology for Precision


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    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.