1. Market Research
  2. > Aerospace and Defence Market Trends

Riflescope Market by Sight Type, Technology, Application, and Region - Global Forecast to 2022

  • March 2017
  • 127 pages
  • MarketsandMarkets
Report ID: 4767738

Summary

Table of Contents

Search Inside

“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

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Ahmad helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Military Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

Global Military Biometrics Market: Overview Biometric systems are becoming increasingly popular in wearable devices such as smart watches, eye glasses and fitness bands. These devices are equipped biometric ...

Metamaterial Market by Material Type, Application, Vertical and Geography - Global Forecast to 2025

  • $ 5650
  • Industry report
  • April 2017
  • by MarketsandMarkets

“The overall metamaterial market is expected to grow at a CAGR of 63.1%” The overall metamaterial market is expected to reach USD 4,634.8 million by 2025, growing at a CAGR of 63.1% between 2017 and ...

Digital Radio Frequency Memory Market by Platform, Application, Architecture - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“The Digital Radio Frequency Memory (DRFM) market is projected to grow at a CAGR of 12.16% from 2016 to 2022” The Digital Radio Frequency Memory (DRFM) market is projected to reach USD 1,222.2 million ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.