In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Astronomical Telescope market for 2018-2023.
Astronomical telescope is an optical instrument used to view heavenly bodies such moon,stars, planets and distant objects. Astronomical telescope consists of two convex lenses: objective and eye piece. The objective is a convex lens of large focal length and large aperture. It usually made of two convex lenses in contact with each other to reduce the chromatic and spherical aberrations. The eye piece is also a convex lens .Its focal length is smaller than that of objective. It is also a combination of two lenses.
Currently, the market of astronomical telescope is getting more and more concentrated. The global largest producer of astronomical telescope Synta, which holds three top brands of astronomical telescope (Celestron, Meade and Sky Watcher) and OEM for other brands, is announced to accounts for about 60% of the global total market.
As to the product types and applications of astronomical telescope, refracting telescope and reflector telescope are main types and entry-level telescope account for about 90% of the total market.
Over the next five years, LPI(LP Information) projects that Astronomical Telescope will register a 8.6% CAGR in terms of revenue, reach US$ 290 million by 2023, from US$ 180 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Astronomical Telescope market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Astronomical Telescope consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Astronomical Telescope market by identifying its various subsegments.
Focuses on the key global Astronomical Telescope manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Astronomical Telescope with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Astronomical Telescope submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.