“Increasing popularity of hunting games, shooting sports, and need for precision shooting are expected to drive the riflescope market during the forecast period”
The riflescope market is estimated to grow from USD 5.36 billion in 2016 to USD 6.87 billion in 2022, at a CAGR of 4.24% during the forecast period. Increase in the popularity of hunting activities and shooting games is expected to drive the riflescope market. The riflescope market is expected to witness technological advancements for application in the military. The advent of night vision scopes has led to an increase in the use of riflescopes in military, by law enforcement agencies and Special Forces. However, high cost of riflescopes and ban on hunting in some countries of the Asia-Pacific region are the major restraints in the growth for the riflescope market.
“Based on application, the hunting segment is expected to lead the riflescope market during the forecast period”
On the basis of application, the hunting segment accounted for the largest share of the riflescope market in 2016. Hunting is popular in North America and Europe. Governments in these regions issue hunting licenses for different seasons. The growth of the population of certain animal species have driven governments to encourage animal hunting to control their population. However, countries in the Asia-Pacific region such as India and China prohibit animal hunting.
“Europe is expected to lead the riflescope market during the forecast period”
Europe is projected to lead the riflescope market during the forecast period. Europe accounted for the largest share of the riflescope market in 2016. The increasingly popularity of hunting and rise in the number shooting events are the key drivers for growth of the riflescope market. Soldier modernization programs have resulted in increased demand for riflescopes in countries such as the U.K., the Netherlands, Germany, and France, as rifles are now equipped with advanced riflescopes.
“Profile break-up of primary participants of the riflescope market”
- By Company Type - Tier 1 – 35 %, Tier 2 – 45% and Tier 3 – 20%
- By Designation – C level – 35%, Director level – 25%, Others – 40%
- By Region – North America - 45%, Europe – 20%, APAC – 30%, RoW – 5%
Major companies profiled in the riflescope market report are Bushnell Optics (U.S.), Leupold & Stevens (U.S.), Burris Optics (U.S.), Nikon Optics (U.S.), Walther (Germany), Schmidt & Bender (Germany), Nightforce Optics (U.S.), and Hawke Optics (U.K.).
Research Coverage:
The riflescope market has been segmented on the basis of sight type, technology, application, and region. On the basis of sight type, the riflescope market has been segmented into telescopic and reflex. On the basis of technology, the riflescope market has been segmented into electro optic, thermal imaging/infrared, and laser. On the basis of application, the riflescope market has been segmented into hunting, shooting sports, and Armed Forces.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis —industry analysis (industry & technology trends, and patent analysis), market-share analysis of top players and company profiles. These together comprise and discuss basic views on competitive landscape, emerging and high-growth segments of the riflescope market, high-growth regions and countries, and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.
The report provides insights into the following pointers:
- Market Penetration: Comprehensive information on the riflescope market and products offered by the top 10 players in the riflescope market
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the riflescope market
- Market Development: Comprehensive information about lucrative markets - the report analyses markets for riflescopes across regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the riflescope market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the riflescope market
TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 REGIONAL SCOPE 15
1.3.3 YEARS CONSIDERED 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 MARKET STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 21
2.1.2.2 Breakdown of primaries 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
2.4.1 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN THE RIFLESCOPE MARKET, 2016-2022 30
4.2 RIFLESCOPE MARKET, BY APPLICATION 31
4.3 RIFLESCOPE MARKET, BY SIGHT TYPE 31
4.4 RIFLESCOPE MARKET, BY TECHNOLOGY 32
4.5 RIFLESCOPE MARKET, BY REGION 32
4.6 LIFE CYCLE ANALYSIS, BY REGION 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 34
5.1.1 RIFLESCOPE MARKET 34
5.2 MARKET DYNAMICS 35
5.2.1 DRIVERS 35
5.2.1.1 Increase in use of riflescopes in hunting and shooting sports is expected to drive the riflescope market 35
5.2.1.1 Advancement in riflescope technology for precision attack 36
5.2.2 RESTRAINTS 36
5.2.2.1 Ban on hunting 36
5.2.3 OPPORTUNITIES 36
5.2.3.1 Military upgradation programs to drive the demand for advanced riflescopes 36
5.2.4 CHALLENGES 37
5.2.4.1 High cost of riflescopes 37
6 INDUSTRY TRENDS 38
6.1 INTRODUCTION 38
6.2 TECHNOLOGY TRENDS 38
6.2.1 FIBER LASER TECHNOLOGY 38
6.2.2 ADVANCED BALLISTIC CALCULATORS 38
6.2.3 MINIATURIZED ELECTRO OPTICS 39
6.2.4 PRECISION-GUIDED FIREARM 39
6.2.5 RAPID ADAPTIVE ZOOM FOR ASSAULT RIFLES (RAZAR) 39
6.3 INNOVATION & PATENT REGISTRATIONS 40
7 RIFLESCOPE MARKET, BY SIGHT TYPE 41
7.1 INTRODUCTION 42
7.2 TELESCOPIC 43
7.3 REFLEX 44
8 RIFLESCOPE MARKET, BY TECHNOLOGY 45
8.2 INTRODUCTION 46
8.3 ELECTRO OPTIC 47
8.4 THERMAL IMAGING/INFRARED 48
8.5 LASER 49
9 RIFLESCOPE MARKET, BY APPLICATION 50
9.1 INTRODUCTION 51
9.2 HUNTING 53
9.3 ARMED FORCES 53
9.4 SHOOTING SPORTS 54
10 RIFLESCOPE MARKET, BY REGION 55
10.1 INTRODUCTION 56
10.2 NORTH AMERICA 57
10.2.1 BY APPLICATION 58
10.2.2 BY SIGHT TYPE 59
10.2.3 BY TECHNOLOGY 59
10.2.4 BY COUNTRY 59
10.2.4.1 U.S. 60
10.2.4.1.1 By application 60
10.2.4.1.2 By sight type 60
10.2.4.1.3 By technology 61
10.2.4.2 Canada 61
10.2.4.2.1 By application 61
10.2.4.2.2 By sight type 62
10.2.4.2.3 By technology 62
10.3 EUROPE 62
10.3.1 BY APPLICATION 64
10.3.2 BY SIGHT TYPE 64
10.3.3 BY TECHNOLOGY 64
10.3.4 BY COUNTRY 65
10.3.4.1 U.K. 65
10.3.4.1.1 By application 65
10.3.4.1.2 By sight type 66
10.3.4.1.3 By technology 66
10.3.4.2 Russia 67
10.3.4.2.1 By application 67
10.3.4.2.2 By sight type 67
10.3.4.2.3 By technology 68
10.3.4.3 Germany 68
10.3.4.3.1 By application 68
10.3.4.3.2 By sight type 69
10.3.4.3.3 By technology 69
10.3.4.4 France 70
10.3.4.4.1 By application 70
10.3.4.4.2 By sight type 70
10.3.4.4.3 By technology 71
10.3.4.5 ITALY 71
10.3.4.5.1 By application 71
10.3.4.5.2 By sight type 72
10.3.4.5.3 By technology 72
10.3.4.6 Spain 73
10.3.4.6.1 By application 73
10.3.4.6.2 By sight type 73
10.3.4.6.3 By technology 74
10.3.4.7 Ukraine 74
10.3.4.7.1 By application 74
10.3.4.7.2 By sight type 75
10.3.4.7.3 By technology 75
10.3.4.8 Netherlands 76
10.3.4.8.1 By application 76
10.3.4.8.2 By sight type 76
10.3.4.8.3 By technology 77
10.4 ASIA-PACIFIC 77
10.4.1 BY APPLICATION 79
10.4.2 BY SIGHT TYPE 79
10.4.3 BY TECHNOLOGY 79
10.4.4 BY COUNTRY 80
10.4.4.1 China 80
10.4.4.1.1 By application 80
10.4.4.1.2 By sight type 81
10.4.4.1.3 By technology 81
10.4.4.2 India 82
10.4.4.2.1 By application 82
10.4.4.2.2 By sight type 82
10.4.4.2.3 By technology 83
10.4.4.3 Australia 83
10.4.4.3.1 By application 83
10.4.4.3.2 By sight type 84
10.4.4.3.3 By technology 84
10.4.4.4 Japan 85
10.4.4.4.1 By application 85
10.4.4.4.2 By sight type 85
10.4.4.4.3 By technology 86
10.4.4.5 South korea 86
10.4.4.5.1 By application 86
10.4.4.5.2 By sight type 87
10.4.4.5.3 By technology 87
10.5 REST OF THE WORLD (ROW) 88
10.5.1 BY APPLICATION 88
10.5.2 BY SIGHT TYPE 88
10.5.3 BY TECHNOLOGY 89
10.5.4 BY COUNTRY 89
10.5.4.1 Israel 90
10.5.4.1.1 By application 90
10.5.4.1.2 By sight type 90
10.5.4.1.3 By technology 91
10.5.4.2 Mexico 91
10.5.4.2.1 By application 91
10.5.4.2.2 By sight type 92
10.5.4.2.3 By technology 92
11 COMPETITIVE LANDSCAPE 93
11.1 INTRODUCTION 93
11.2 BRAND ANALYSIS 94
11.3 RANK ANALYSIS 95
11.4 COMPETITIVE SITUATIONS AND TRENDS 96
11.4.1 CONTRACTS 97
11.4.2 NEW PRODUCT LAUNCHES 98
12 COMPANY PROFILES 99
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 INTRODUCTION 99
12.2 BUSHNELL 99
12.3 LEUPOLD & STEVENS, INC. 103
12.4 BURRIS OPTICS 106
12.5 SCHMIDT & BENDER 108
12.6 NIGHTFORCE OPTICS 110
12.7 HAWKE OPTICS 112
12.8 BSA OPTICS 113
12.9 HENSOLDT 115
12.10 VORTEX OPTICS 116
12.11 WALTHER ARMS 117
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies
13 APPENDIX 118
13.1 DISCUSSION GUIDE 118
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 121
13.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 123
13.4 AVAILABLE CUSTOMIZATIONS 124
13.5 RELATED REPORTS 124
13.6 AUTHOR DETAILS 125
LIST OF TABLES
TABLE 1 REGIONAL ANALYSIS OF RIFLESCOPE APPLICATIONS 26
TABLE 2 MILITARY UPGRADATION PROGRAMS 37
TABLE 3 TECHNOLOGY MAPPING 40
TABLE 4 IMPORTANT INNOVATION & PATENT REGISTRATIONS, 2001-2016 40
TABLE 5 RIFLESCOPE MARKET FOR SIGHT TYPE, BY REGION, 2014-2022 (USD MILLION) 42
TABLE 6 TELESCOPIC SEGMENT, BY REGION, 2014-2022 (USD MILLION) 43
TABLE 7 REFLEX SEGMENT, BY REGION, 2014-2022 (USD MILLION) 44
TABLE 8 RIFLESCOPE TECHNOLOGY MARKET SIZE, BY REGION, 2014-2022 (USD MILLION) 47
TABLE 9 ELECTRO OPTIC SEGMENT, BY REGION, 2014-2022 (USD MILLION) 47
TABLE 10 THERMAL IMAGING/INFRARED SEGMENT, BY REGION, 2014-2022 (USD MILLION) 48
TABLE 11 LASER SEGMENT, BY REGION, 2014-2022 (USD MILLION) 49
TABLE 12 RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 51
TABLE 13 RIFLESCOPE APPLICATION MARKET, BY REGION, 2014-2022 (USD MILLION) 52
TABLE 14 HUNTING SEGMENT, BY REGION, 2014-2022 (USD MILLION) 53
TABLE 15 ARMED FORCES SEGMENT, BY REGION, 2014-2022 (USD MILLION) 54
TABLE 16 SHOOTING SPORTS SEGMENT, BY REGION, 2014-2022 (USD MILLION) 54
TABLE 17 RIFLESCOPE MARKET SIZE, BY REGION, 2014-2022 (USD MILLION) 56
TABLE 18 NORTH AMERICA RIFLESCOPE MARKET SIZE, BY APPLICATION,
2014-2022 (USD MILLION) 58
TABLE 19 NORTH AMERICA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE,
2014-2022 (USD MILLION) 59
TABLE 20 NORTH AMERICA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY,
2014-2022 (USD MILLION) 59
TABLE 21 NORTH AMERICA RIFLESCOPE MARKET SIZE, BY COUNTRY,
2014-2022 (USD MILLION) 59
TABLE 22 U.S. RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 60
TABLE 23 U.S. RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 60
TABLE 24 U.S. RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 61
TABLE 25 CANADA RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 61
TABLE 26 CANADA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 62
TABLE 27 CANADA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 62
TABLE 28 EUROPE RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 64
TABLE 29 EUROPE RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 64
TABLE 30 EUROPE RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 64
TABLE 31 EUROPE RIFLESCOPE MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION) 65
TABLE 32 U.K. RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 65
TABLE 33 U.K. RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 66
TABLE 34 U.K. RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 66
TABLE 35 RUSSIA RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 67
TABLE 36 RUSSIA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2016-2022 (USD MILLION) 67
TABLE 37 RUSSIA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 68
TABLE 38 GERMANY RIFLESCOPE MARKET SIZE, BY APPLICATION,
2014-2022 (USD MILLION) 68
TABLE 39 GERMANY RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 69
TABLE 40 GERMANY RIFLESCOPE MARKET SIZE, BY TECHNOLOGY,
2014-2022 (USD MILLION) 69
TABLE 41 FRANCE RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 70
TABLE 42 FRANCE RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 70
TABLE 43 FRANCE RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 71
TABLE 44 ITALY RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 71
TABLE 45 ITALY RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 72
TABLE 46 ITALY RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 72
TABLE 47 SPAIN RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 73
TABLE 48 SPAIN RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 73
TABLE 49 SPAIN RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 74
TABLE 50 UKRAINE RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 74
TABLE 51 UKRAINE RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 75
TABLE 52 UKRAINE RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 75
TABLE 53 NETHERLANDS RIFLESCOPE MARKET SIZE, BY APPLICATION,
2014-2022 (USD MILLION) 76
TABLE 54 NETHERLANDS RIFLESCOPE MARKET SIZE, BY SIGHT TYPE,
2014-2022 (USD MILLION) 76
TABLE 55 NETHERLANDS RIFLESCOPE MARKET SIZE, BY TECHNOLOGY,
2014-2022 (USD MILLION) 77
TABLE 56 ASIA-PACIFIC RIFLESCOPE MARKET SIZE, BY APPLICATION,
2014-2022 (USD MILLION) 79
TABLE 57 ASIA-PACIFIC RIFLESCOPE MARKET SIZE, BY SIGHT TYPE,
2014-2022 (USD MILLION) 79
TABLE 58 ASIA-PACIFIC RIFLESCOPE MARKET SIZE, BY TECHNOLOGY,
2014-2022 (USD MILLION) 79
TABLE 59 ASIA-PACIFIC RIFLESCOPE MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION) 80
TABLE 60 CHINA RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 80
TABLE 61 CHINA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 81
TABLE 62 CHINA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 81
TABLE 63 INDIA RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 82
TABLE 64 INDIA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 82
TABLE 65 INDIA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 83
TABLE 66 AUSTRALIA RIFLESCOPE MARKET SIZE, BY APPLICATION,
2014-2022 (USD MILLION) 83
TABLE 67 AUSTRALIA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 84
TABLE 68 AUSTRALIA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY,
2014-2022 (USD MILLION) 84
TABLE 69 JAPAN RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 85
TABLE 70 JAPAN RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 85
TABLE 71 JAPAN RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 86
TABLE 72 SOUTH KOREA RIFLESCOPE MARKET SIZE, BY APPLICATION,
2014-2022 (USD MILLION) 86
TABLE 73 SOUTH KOREA RIFLESCOPE MARKET SIZE, BY SIGHT TYPE,
2014-2022 (USD MILLION) 87
TABLE 74 SOUTH KOREA RIFLESCOPE MARKET SIZE, BY TECHNOLOGY,
2014-2022 (USD MILLION) 87
TABLE 75 ROW RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 88
TABLE 76 ROW RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 88
TABLE 77 ROW RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 89
TABLE 78 ROW RIFLESCOPE MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION) 89
TABLE 79 ISRAEL RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 90
TABLE 80 ISRAEL RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 90
TABLE 81 ISRAEL RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 91
TABLE 82 MEXICO RIFLESCOPE MARKET SIZE, BY APPLICATION, 2014-2022 (USD MILLION) 91
TABLE 83 MEXICO RIFLESCOPE MARKET SIZE, BY SIGHT TYPE, 2014-2022 (USD MILLION) 92
TABLE 84 MEXICO RIFLESCOPE MARKET SIZE, BY TECHNOLOGY, 2014-2022 (USD MILLION) 92
TABLE 85 BRAND ANALYSIS OF TOP PLAYERS IN THE RIFLESCOPE MARKET 94
TABLE 86 CONTRACTS, JANUARY 2011-JANUARY 2017 97
TABLE 87 NEW PRODUCT LAUNCHES, JANUARY 2011-JANUARY 2017 98
LIST OF FIGURES
FIGURE 1 RIFLESCOPE MARKET SEGMENTATION 15
FIGURE 2 REPORT FLOW 18
FIGURE 3 RESEARCH DESIGN 19
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
AND REGION 21
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 22
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 7 DATA TRIANGULATION 24
FIGURE 8 RIFLESCOPE MARKET, BY APPLICATION, 2016 (USD MILLION) 27
FIGURE 9 RIFLESCOPE MARKET, BY TECHNOLOGY, 2016 (USD MILLION) 28
FIGURE 10 RIFLESCOPE MARKET, BY TECHNOLOGY, 2016 & 2022 (USD MILLION) 28
FIGURE 11 NEW PRODUCT LAUNCHES WAS THE KEY GROWTH STRATEGY FROM JANUARY 2011 TO JANUARY 2017 29
FIGURE 12 RISING POPULARITY OF HUNTING SPORTS IN NORTH AMERICA AND EUROPE
IS EXPECTED TO DRIVE THE RIFLESCOPE MARKET 30
FIGURE 13 BASED ON APPLICATION, THE ARMED FORCES SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 31
FIGURE 14 BASED ON SIGHT TYPE, THE REFLEX SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 31
FIGURE 15 BASED ON TECHNOLOGY, THE THERMAL IMAGING/INFRARED SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 32
FIGURE 16 EUROPE ACCOUNTED FOR THE LARGEST SHARE OF THE RIFLESCOPE MARKET
IN 2016 32
FIGURE 17 EUROPE RIFLESCOPE MARKET IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 33
FIGURE 18 RIFLESCOPE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 35
FIGURE 19 REFLEX SEGMENT IS ESTIMATED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 42
FIGURE 20 THERMAL IMAGING/INFRARED SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 46
FIGURE 21 ARMED FORCES PROJECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 51
FIGURE 22 EUROPE LED THE RIFLESCOPE APPLICATION MARKET IN 2016 52
FIGURE 23 EUROPE ACCOUNTED FOR THE LARGEST SHARE OF THE GLOBAL RIFLESCOPE MARKET IN 2016 56
FIGURE 24 NORTH AMERICA REGIONAL SNAPSHOT: THE U.S. IS EXPECTED TO LEAD
THE RIFLESCOPE MARKET DURING THE FORECAST PERIOD 58
FIGURE 25 REGIONAL SNAPSHOT: GERMANY IS EXPECTED TO LEAD THE RIFLESCOPE MARKET IN EUROPE DURING THE FORECAST PERIOD 63
FIGURE 26 REGIONAL SNAPSHOT: CHINA TO LEAD THE ASIA-PACIFIC RIFLESCOPE MARKET DURING THE FORECAST PERIOD 78
FIGURE 27 COMPANIES ADOPTED NEW PRODUCT LAUNCHES AS THE KEY GROWTH STRATEGY FROM JANUARY 2011 TO JANUARY 2017 93
FIGURE 28 TOP PLAYERS IN THE RIFLESCOPE MARKET 95
FIGURE 29 RIFLESCOPE MARKET WITNESSED SIGNIFICANT GROWTH FROM 2011 TO 2017 96
FIGURE 30 NEW PRODUCT LAUNCHES AND CONTRACTS WERE THE KEY GROWTH STRATEGIES ADOPTED BY THE MARKET PLAYERS BETWEEN
JANUARY 2011 AND JANUARY 2017 97