In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Rifle Scopes market for 2018-2023.
Riflescope, also known as optical sight, is has unique features which provide a positive and repeatable return to your zero from any elevation adjustment. It is widely used for hunting, shooting sports, armed forces, etc.
Riflescope is a fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately-owned companies. The top three producers account for 16.68% of the market in terms of volume. Most companies involved in this industry are professional manufacturers of riflescope and binocular with no other major products, while some players are well known lens producers that supply high-quality products, such as Nikon and Zeiss.
The riflescope is driven by several factors, among which the most crucial ones are hunting, shooting sports and armed forces. Hunting is the major application of riflescope, which accounted for 23.14%. of world riflescope consumption in 2016 in terms of volume. Shooting sports and hunting have emerging to be a fast-growing market of riflescope in developed countries.
Over the next five years, LPI(LP Information) projects that Rifle Scopes will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Rifle Scopes 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:
Collimating Optical Sight
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:
Sam Electrical Equipments
Nantong Universal Optical Instrument
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 Rifle Scopes 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 Rifle Scopes market by identifying its various subsegments.
Focuses on the key global Rifle Scopes 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 Rifle Scopes 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 Rifle Scopes 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.