Riflescopes Market
PUBLISHED: 2020 ID: SMRC18762
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Riflescopes Market

Riflescopes - Global Market Outlook (2018-2027)

4.5 (89 reviews)
4.5 (89 reviews)
Published: 2020 ID: SMRC18762

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Riflescopes Market is accounted for $6.29 billion in 2018 and is expected to reach $9.26 billion by 2027 growing at a CAGR of 4%. Rising demand for riflescopes for hunting and shooting sports and advancements in riflescope technology for precision attack are likely to boost the growth of the market. However, Ban on hunting is likely to hamper the profit boundaries.

Riflescope is a telescopic vision usually attached on the top of the rifle. Riflescope helps to enhance vision, improve accuracy, increase rifle range, helps in longer shots, and also helps in scoring better at the shooting competition. There are various types of riflescope available in the market depending on the type of shooting; for instance, riflescope used in hunting will be different from the riflescope used in sports and armed forces. Riflescope also differs in weight, need for riflescope magnification also depends on the target size. Manufacturers are developing high-quality of riflescope for various applications. With the focus on technology, manufacturers are launching new riflescopes including various features. For instance, a new rifle has been introduced with an in-built laser range finder to ensure accuracy; it also includes a riflescope with the color graphics display. Similarly, more such innovative technologies are being introduced in the riflescope.

Based on the sight type, the telescopic segment is projected to grow at the high. Telescopic sights are optical telescopes loaded with different forms of graphic image pattern reticles installed in the optical equipment to offer an accurate aiming point. Telescopic riflescopes are expected to have greater market share than reflex due to their existing as well as increasing demand for hunting applications.

Based on geography Asia Pacific riflescopes market is projected to grow at the high. Countries such as China, India, Australia, Japan, and South Korea are considered in this regional market analysis. One of the strongest growth factors for the riflescopes industry in China is the increased defence budget of the country. High domestic production base and increased consumption of assault and sniper rifles by its defence   sector are expected to drive the market for riflescopes in China.

Some of the key players in the Riflescopes market include Sig Sauer, Schmidt & Bender GmbH & Co Kg, Primary Arms, Nikon, Nightforce Optics Inc, Leupold & Stevens Inc, Leica Camera, Hensoldt, Hawke Optics, Flir Systems, Eotech, Carl Zeiss AG, Bushnell, Burris Company, BSA Optics and Aimpoint.
 
Magnifications Covered:

• 1-8x
• 8-15x
• >15x

Sight Types Covered:
• Reflex
• Telescopic

Technologies Covered:
• Laser
• Electro Optic (Eo/Ir)
• Thermal Imaging

Ranges Covered:
• Short (50 to 100 Yards)
• Medium (100 to 500 Yards)
• Long (>500 Yards)

Applications Covered:
• Shooting Sports
• Hunting
• Armed Forces
     
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand
o South Korea      
o Rest of Asia Pacific      
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary   
     
2 Preface   
 
 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 Technology Analysis 
 3.7 Application Analysis 
 3.8 Emerging Markets  
 3.9 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Riflescopes Market, By Magnification
 5.1 Introduction  
 5.2 1-8x   
 5.3 8-15x   
 5.4 >15x   
     
6 Global Riflescopes Market, By Sight Type

 6.1 Introduction  
 6.2 Reflex   
 6.3 Telescopic  
     
7 Global Riflescopes Market, By Technology
 7.1 Introduction  
 7.2 Laser   
 7.3 Electro Optic (Eo/Ir)  
 7.4 Thermal Imaging  
     
8 Global Riflescopes Market, By Range 
 8.1 Introduction  
 8.2 Short (50 to 100 Yards) 
 8.3 Medium (100 to 500 Yards) 
 8.4 Long (>500 Yards)  
     
9 Global Riflescopes Market, By  Application 
 9.1 Introduction  
 9.2 Shooting Sports  
 9.3 Hunting   
 9.4 Armed Forces  
     
10 Global Riflescopes Market, By Geography
 10.1 Introduction  
 10.2 North America  
  10.2.1 US  
  10.2.2 Canada  
  10.2.3 Mexico  
 10.3 Europe   
  10.3.1 Germany  
  10.3.2 UK  
  10.3.3 Italy  
  10.3.4 France  
  10.3.5 Spain  
  10.3.6 Rest of Europe 
 10.4 Asia Pacific  
  10.4.1 Japan  
  10.4.2 China  
  10.4.3 India  
  10.4.4 Australia  
  10.4.5 New Zealand 
  10.4.6 South Korea 
  10.4.7 Rest of Asia Pacific 
 10.5 South America  
  10.5.1 Argentina 
  10.5.2 Brazil  
  10.5.3 Chile  
  10.5.4 Rest of South America
 10.6 Middle East & Africa 
  10.6.1 Saudi Arabia 
  10.6.2 UAE  
  10.6.3 Qatar  
  10.6.4 South Africa 
  10.6.5 Rest of Middle East & Africa
     
11 Key Developments  
 
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers 
 11.3 New Product Launch 
 11.4 Expansions  
 11.5 Other Key Strategies 
     
12 Company Profiling   
 12.1 Sig Sauer   
 12.2 Schmidt & Bender GmbH & Co Kg
 12.3 Primary Arms  
 12.4 Nikon   
 12.5 Nightforce Optics Inc 
 12.6 Leupold & Stevens Inc 
 12.7 Leica Camera  
 12.8 Hensoldt   
 12.9 Hawke Optics  
 12.10 Flir Systems  
 12.11 Eotech   
 12.12 Carl Zeiss AG  
 12.13 Bushnell   
 12.14 Burris Company  
 12.15 BSA Optics  
 12.16 Aimpoint   


List of Tables    
1 Global Riflescopes Market Outlook, By Region (2017-2027) ($MN)
2 Global Riflescopes Market Outlook, By Magnification (2017-2027) ($MN)
3 Global Riflescopes Market Outlook, By 1-8x (2017-2027) ($MN)
4 Global Riflescopes Market Outlook, By 8-15x (2017-2027) ($MN)
5 Global Riflescopes Market Outlook, By >15x (2017-2027) ($MN)
6 Global Riflescopes Market Outlook, By Sight Type (2017-2027) ($MN)
7 Global Riflescopes Market Outlook, By Reflex (2017-2027) ($MN)
8 Global Riflescopes Market Outlook, By Telescopic (2017-2027) ($MN)
9 Global Riflescopes Market Outlook, By Technology (2017-2027) ($MN)
10 Global Riflescopes Market Outlook, By Laser (2017-2027) ($MN)
11 Global Riflescopes Market Outlook, By Electro Optic (Eo/Ir) (2017-2027) ($MN)
12 Global Riflescopes Market Outlook, By Thermal Imaging (2017-2027) ($MN)
13 Global Riflescopes Market Outlook, By Range (2017-2027) ($MN)
14 Global Riflescopes Market Outlook, By Short (50 to 100 Yards) (2017-2027) ($MN)
15 Global Riflescopes Market Outlook, By Medium (100 to 500 Yards) (2017-2027) ($MN)
16 Global Riflescopes Market Outlook, By Long (>500 Yards) (2017-2027) ($MN)
17 Global Riflescopes Market Outlook, By  Application (2017-2027) ($MN)
18 Global Riflescopes Market Outlook, By Shooting Sports (2017-2027) ($MN)
19 Global Riflescopes Market Outlook, By Hunting (2017-2027) ($MN)
20 Global Riflescopes Market Outlook, By Armed Forces (2017-2027) ($MN)
21 North America Riflescopes Market Outlook, By Country (2017-2027) ($MN)
22 North America Riflescopes Market Outlook, By Magnification (2017-2027) ($MN)
23 North America Riflescopes Market Outlook, By 1-8x (2017-2027) ($MN)
24 North America Riflescopes Market Outlook, By 8-15x (2017-2027) ($MN)
25 North America Riflescopes Market Outlook, By  >15x (2017-2027) ($MN)
26 North America Riflescopes Market Outlook, By Sight Type (2017-2027) ($MN)
27 North America Riflescopes Market Outlook, By Reflex (2017-2027) ($MN)
28 North America Riflescopes Market Outlook, By Telescopic (2017-2027) ($MN)
29 North America Riflescopes Market Outlook, By Technology (2017-2027) ($MN)
30 North America Riflescopes Market Outlook, By Laser (2017-2027) ($MN)
31 North America Riflescopes Market Outlook, By Electro Optic (Eo/Ir) (2017-2027) ($MN)
32 North America Riflescopes Market Outlook, By Thermal Imaging (2017-2027) ($MN)
33 North America Riflescopes Market Outlook, By Range (2017-2027) ($MN)
34 North America Riflescopes Market Outlook, By Short (50 to 100 Yards) (2017-2027) ($MN)
35 North America Riflescopes Market Outlook, By Medium (100 to 500 Yards) (2017-2027) ($MN)
36 North America Riflescopes Market Outlook, By Long (>500 Yards) (2017-2027) ($MN)
37 North America Riflescopes Market Outlook, By  Application (2017-2027) ($MN)
38 North America Riflescopes Market Outlook, By Shooting Sports (2017-2027) ($MN)
39 North America Riflescopes Market Outlook, By Hunting (2017-2027) ($MN)
40 North America Riflescopes Market Outlook, By Armed Forces (2017-2027) ($MN)
41 Europe Riflescopes Market Outlook, By Country (2017-2027) ($MN)
42 Europe Riflescopes Market Outlook, By Magnification (2017-2027) ($MN)
43 Europe Riflescopes Market Outlook, By 1-8x (2017-2027) ($MN)
44 Europe Riflescopes Market Outlook, By 8-15x (2017-2027) ($MN)
45 Europe Riflescopes Market Outlook, By >15x (2017-2027) ($MN)
46 Europe Riflescopes Market Outlook, By Sight Type (2017-2027) ($MN)
47 Europe Riflescopes Market Outlook, By Reflex (2017-2027) ($MN)
48 Europe Riflescopes Market Outlook, By Telescopic (2017-2027) ($MN)
49 Europe Riflescopes Market Outlook, By Technology (2017-2027) ($MN)
50 Europe Riflescopes Market Outlook, By Laser (2017-2027) ($MN)
51 Europe Riflescopes Market Outlook, By Electro Optic (Eo/Ir) (2017-2027) ($MN)
52 Europe Riflescopes Market Outlook, By Thermal Imaging (2017-2027) ($MN)
53 Europe Riflescopes Market Outlook, By Range (2017-2027) ($MN)
54 Europe Riflescopes Market Outlook, By Short (50 to 100 Yards) (2017-2027) ($MN)
55 Europe Riflescopes Market Outlook, By Medium (100 to 500 Yards) (2017-2027) ($MN)
56 Europe Riflescopes Market Outlook, By Long (>500 Yards) (2017-2027) ($MN)
57 Europe Riflescopes Market Outlook, By  Application (2017-2027) ($MN)
58 Europe Riflescopes Market Outlook, By Shooting Sports (2017-2027) ($MN)
59 Europe Riflescopes Market Outlook, By Hunting (2017-2027) ($MN)
60 Europe Riflescopes Market Outlook, By Armed Forces (2017-2027) ($MN)
61 Asia Pacific Riflescopes Market Outlook, By Country (2017-2027) ($MN)
62 Asia Pacific Riflescopes Market Outlook, By Magnification (2017-2027) ($MN)
63 Asia Pacific Riflescopes Market Outlook, By 1-8x (2017-2027) ($MN)
64 Asia Pacific Riflescopes Market Outlook, By 8-15x (2017-2027) ($MN)
65 Asia Pacific Riflescopes Market Outlook, By >15x (2017-2027) ($MN)
66 Asia Pacific Riflescopes Market Outlook, By Sight Type (2017-2027) ($MN)
67 Asia Pacific Riflescopes Market Outlook, By Reflex (2017-2027) ($MN)
68 Asia Pacific Riflescopes Market Outlook, By Telescopic (2017-2027) ($MN)
69 Asia Pacific Riflescopes Market Outlook, By Technology (2017-2027) ($MN)
70 Asia Pacific Riflescopes Market Outlook, By Laser (2017-2027) ($MN)
71 Asia Pacific Riflescopes Market Outlook, By Electro Optic (Eo/Ir) (2017-2027) ($MN)
72 Asia Pacific Riflescopes Market Outlook, By Thermal Imaging (2017-2027) ($MN)
73 Asia Pacific Riflescopes Market Outlook, By Range (2017-2027) ($MN)
74 Asia Pacific Riflescopes Market Outlook, By Short (50 to 100 Yards) (2017-2027) ($MN)
75 Asia Pacific Riflescopes Market Outlook, By Medium (100 to 500 Yards) (2017-2027) ($MN)
76 Asia Pacific Riflescopes Market Outlook, By Long (>500 Yards) (2017-2027) ($MN)
77 Asia Pacific Riflescopes Market Outlook, By  Application (2017-2027) ($MN)
78 Asia Pacific Riflescopes Market Outlook, By Shooting Sports (2017-2027) ($MN)
79 Asia Pacific Riflescopes Market Outlook, By Hunting (2017-2027) ($MN)
80 Asia Pacific Riflescopes Market Outlook, By Armed Forces (2017-2027) ($MN)
81 South America Riflescopes Market Outlook, By Country (2017-2027) ($MN)
82 South America Riflescopes Market Outlook, By Magnification (2017-2027) ($MN)
83 South America Riflescopes Market Outlook, By 1-8x (2017-2027) ($MN)
84 South America Riflescopes Market Outlook, By 8-15x (2017-2027) ($MN)
85 South America Riflescopes Market Outlook, By >15x (2017-2027) ($MN)
86 South America Riflescopes Market Outlook, By Sight Type (2017-2027) ($MN)
87 South America Riflescopes Market Outlook, By Reflex (2017-2027) ($MN)
88 South America Riflescopes Market Outlook, By Telescopic (2017-2027) ($MN)
89 South America Riflescopes Market Outlook, By Technology (2017-2027) ($MN)
90 South America Riflescopes Market Outlook, By Laser (2017-2027) ($MN)
91 South America Riflescopes Market Outlook, By Electro Optic (Eo/Ir) (2017-2027) ($MN)
92 South America Riflescopes Market Outlook, By Thermal Imaging (2017-2027) ($MN)
93 South America Riflescopes Market Outlook, By Range (2017-2027) ($MN)
94 South America Riflescopes Market Outlook, By Short (50 to 100 Yards) (2017-2027) ($MN)
95 South America Riflescopes Market Outlook, By Medium (100 to 500 Yards) (2017-2027) ($MN)
96 South America Riflescopes Market Outlook, By Long (>500 Yards) (2017-2027) ($MN)
97 South America Riflescopes Market Outlook, By  Application (2017-2027) ($MN)
98 South America Riflescopes Market Outlook, By Shooting Sports (2017-2027) ($MN)
99 South America Riflescopes Market Outlook, By Hunting (2017-2027) ($MN)
100 South America Riflescopes Market Outlook, By Armed Forces (2017-2027) ($MN)
101 Middle East & Africa Riflescopes Market Outlook, By Country (2017-2027) ($MN)
102 Middle East & Africa Riflescopes Market Outlook, By Magnification (2017-2027) ($MN)
103 Middle East & Africa Riflescopes Market Outlook, By 1-8x (2017-2027) ($MN)
104 Middle East & Africa Riflescopes Market Outlook, By 8-15x (2017-2027) ($MN)
105 Middle East & Africa Riflescopes Market Outlook, By >15x (2017-2027) ($MN)
106 Middle East & Africa Riflescopes Market Outlook, By Sight Type (2017-2027) ($MN)
107 Middle East & Africa Riflescopes Market Outlook, By Reflex (2017-2027) ($MN)
108 Middle East & Africa Riflescopes Market Outlook, By Telescopic (2017-2027) ($MN)
109 Middle East & Africa Riflescopes Market Outlook, By Technology (2017-2027) ($MN)
110 Middle East & Africa Riflescopes Market Outlook, By Laser (2017-2027) ($MN)
111 Middle East & Africa Riflescopes Market Outlook, By Electro Optic (Eo/Ir) (2017-2027) ($MN)
112 Middle East & Africa Riflescopes Market Outlook, By Thermal Imaging (2017-2027) ($MN)
113 Middle East & Africa Riflescopes Market Outlook, By Range (2017-2027) ($MN)
114 Middle East & Africa Riflescopes Market Outlook, By Short (50 to 100 Yards) (2017-2027) ($MN)
115 Middle East & Africa Riflescopes Market Outlook, By Medium (100 to 500 Yards) (2017-2027) ($MN)
116 Middle East & Africa Riflescopes Market Outlook, By Long (>500 Yards) (2017-2027) ($MN)
117 Middle East & Africa Riflescopes Market Outlook, By  Application (2017-2027) ($MN)
118 Middle East & Africa Riflescopes Market Outlook, By Shooting Sports (2017-2027) ($MN)
119 Middle East & Africa Riflescopes Market Outlook, By Hunting (2017-2027) ($MN)
120 Middle East & Africa Riflescopes Market Outlook, By Armed Forces (2017-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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