Published On : January 2018 Pages : 90 Category: Equipment Machine & Tooling Report Code : ME01497
Industry Trend Analysis
The global Riflescope Market was worth USD 4.38% during the forecast period. A riflescope is a scope mounted on the highest point of a rifle that enhances one's point by amplifying and pinpointing an objective. A riflescope is otherwise called optical sight and gives a positive come back to zero from any elevation modification. It is chiefly used for hunting, and discovers application in Armed Forces and shooting sports. The riflescope market is evaluated to develop significantly in the upcoming years. This development of the market can be credited to the ascent in shooting sports exercises, expanding selection of riflescopes in military, and advancements in technology. The market in Europe is foreseen to witness huge development, attributable to the prevalence of hunting sports. billion in 2017 and is expected to reach approximately USD billion by 2023, while registering itself at a compound annual growth rate (CAGR) of
Sight Type Outlook and Trend Analysis
In applications that require precision such as hunting or sniping, iron sights have been largely opted over telescopic sights. Telescopic sights render enhanced vision and assists shooters aim better at the objective. Precision in attack is anticipated to drive the riflescope market for telescopic sight type.
Technology Outlook and Trend Analysis
Riflescopes with the thermal imaging/infrared innovation are progressively discovering applications in Armed Forces, attributable to their utility in night missions. Animal hunters who hunt around evening time likewise make use of thermal imaging/infrared riflescopes. Inferable from these elements, the warm imaging/infrared portion is assessed to develop at a significant CAGR amid the figure time frame.
Application Outlook and Trend Analysis
Based on applications, the Armed Forces segment is foreseen to develop at the highest CAGR amid the forecast period; the hunting application segment is anticipated to rule the market during the forecast period.
Regional Outlook and Trend Analysis
Europe is anticipated to rule the riflescope market amid the forecast period, owing to the rising popularity of animal hunting activities, soldier modernization activities, and shooting sports. North America is foreseen to be the second-largest market for riflescopes.
Competitive Insights
The leading players in the market are Burris Optics, Leupold & Stevens Inc, Vortex Optics, Nikon Optics and Bushnell Optics. New contracts and product launches were the major development factors implemented by the organizations in the riflescope market. The strategy of new product launches held share of 82 percent of the total developments registered in the market between 2017 and 2017.
The Riflescope Market is segmented as follows-
By sight type:
By Technology:
By Application:
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Advancement in Riflescope Technology for Precision Attack
3.2.1.2. Increase in Use of Riflescopes in Hunting and Shooting Sports is Expected to Drive the Market
3.2.2. Restraints
3.2.2.1. Ban on Hunting
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities
4. Riflescope Market, By Sight Type
4.1. Introduction
4.2. Riflescope Market Assessment and Forecast, By Sight Type, 2017-2023
4.3. Telescopic
4.3.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.4. Reflex
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5. Riflescope Market, By Technology
5.1. Introduction
5.2. Riflescope Market Assessment and Forecast, By Technology, 2017-2023
5.3. Electro Optic
5.3.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5.4. Thermal Imaging/Infrared
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5.5. Laser
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6. Riflescope Market, By Application
6.1. Introduction
6.2. Riflescope Market Assessment and Forecast, By Application, 2017-2023($Billion)
6.3. Hunting
6.3.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.4. Armed Forces
6.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.5. Shooting Sports
6.5.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
7. Riflescope Market, By Region
7.1. Introduction
7.2. Riflescope Market Assessment and Forecast, By Region, 2017-2023($Billion)
7.3. North America
7.3.1. Market Assessment and Forecast, By Country, 2017-2023($Billion)
7.3.2. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.3.3. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.3.4. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.3.5. U.S.
7.3.5.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.3.5.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.3.5.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.3.6. Canada
7.3.6.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.3.6.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.3.6.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.3.7. Mexico
7.3.7.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.3.7.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.3.7.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4. Europe
7.4.1. Market Assessment and Forecast, By Country, 2017-2023($Billion)
7.4.2. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.4. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.5. Germany
7.4.5.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.5.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.5.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.6. France
7.4.6.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.6.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.6.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.7. UK
7.4.7.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.7.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.7.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.8. Italy
7.4.8.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.8.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.8.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.9. Spain
7.4.9.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.9.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.9.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
7.4.10. Rest of Europe
7.4.10.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
7.4.10.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.10.3. Market Assessment and Forecast, By Application, 2017-2023($Billion)
8. Asia-Pacific
8.1.1. Market Assessment and Forecast, By Country, 2017-2023($Billion)
8.1.2. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.3. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.4. Market Assessment and Forecast, By Application,2017-2023($Billion)
8.1.5. Japan
8.1.5.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.5.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.5.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
8.1.6. China
8.1.6.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.6.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.6.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
8.1.7. Australia
8.1.7.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.7.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.7.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
8.1.8. India
8.1.8.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.8.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.8.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
8.1.9. South Korea
8.1.9.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.9.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.9.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
8.1.10. Rest of Asia-Pacific
8.1.10.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
8.1.10.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.10.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9. Rest of the World
9.1.1. Market Assessment and Forecast, By Country, 2017-2023($Billion)
9.1.2. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.4. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.5. Brazil
9.1.5.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.5.2. Market Assessment and Forecast, By Technology , 2017-2023($Billion)
9.1.5.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.6. Turkey
9.1.6.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.6.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.6.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.7. Saudi Arabia
9.1.7.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.7.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.7.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.8. South Africa
9.1.8.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.8.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.8.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.9. United Arab Emirates
9.1.9.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.9.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.9.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
9.1.10. Others
9.1.10.1. Market Assessment and Forecast, By Sight Type, 2017-2023($Billion)
9.1.10.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.10.3. Market Assessment and Forecast, By Application,2017-2023($Billion)
10. Company Profiles
10.1. Bushnell
10.1.1. Business Overview
10.1.2. Product Portfolio
10.1.3. Key Financials
10.1.4. Strategic Developments
10.2. Leupold & Stevens, Inc.
10.2.1. Business Overview
10.2.2. Product Portfolio
10.2.3. Key Financials
10.2.4. Strategic Developments
10.3. Burris Optics
10.3.1. Business Overview
10.3.2. Product Portfolio
10.3.3. Key Financials
10.3.4. Strategic Developments
10.4. Schmidt & Bender
10.4.1. Business Overview
10.4.2. Product Portfolio
10.4.3. Strategic Developments
10.5. Nightforce Optics
10.5.1. Business Overview
10.5.2. Product Portfolio
10.5.3. Strategic Developments
10.6. Hawke Optics
10.6.1. Business Overview
10.6.2. Product Portfolio
10.6.3. Strategic Developments
10.7. BSA Optics
10.7.1. Business Overview
10.7.2. Product Portfolio
10.7.3. Strategic Developments
10.8. Hensoldt
10.8.1. Business Overview
10.8.2. Product Portfolio
10.8.3. Strategic Developments
10.9. Vortex Optics
10.9.1. Business Overview
10.9.2. Product Portfolio
10.9.3. Strategic Developments
10.10.Walther Arms
10.10.1. Business Overview
10.10.2. Product Portfolio
10.10.3. Strategic Developments
List of Tables
Table: Global Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Telescopic Market, By Region, 2017-2023($Million)
Table: Reflex Market, By Region, 2017-2023($Million)
Table: Global Riflescope Market, By Technology, 2017-2023($Million)
Table: Electro Optic Market, By Region, 2017-2023($Million)
Table: Thermal Imaging/Infrared Market, By Region, 2017-2023($Million)
Table: Laser Market, By Region, 2017-2023($Million)
Table: Global Riflescope Market, By Application, 2017-2023($Million)
Table: Hunting Market, By Region, 2017-2023($Million)
Table: Armed Forces Market, By Region, 2017-2023($Million)
Table: Shooting Sports Market, By Region, 2017-2023($Million)
Table: North America Riflescope Market, By Country, 2017-2023($Million)
Table: North America Riflescope Market, By Sight Type, 2017-2023($Million)
Table: North America Riflescope Market, By Technology, 2017-2023($Million)
Table: North America Riflescope Market, By Application, 2017-2023($Million)
Table: U.S. Riflescope Market, By Sight Type, 2017-2023($Million)
Table: U.S. Riflescope Market, By Technology, 2017-2023($Million)
Table: U.S. Riflescope Market, By Application, 2017-2023($Million)
Table: Canada Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Canada Riflescope Market, By Technology, 2017-2023($Million)
Table: Canada Riflescope Market, By Application, 2017-2023($Million)
Table: Mexico Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Mexico Riflescope Market, By Technology, 2017-2023($Million)
Table: Mexico Riflescope Market, By Application, 2017-2023($Million)
Table: Europe Riflescope Market, By Country, 2017-2023($Million)
Table: Europe Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Europe Riflescope Market, By Technology, 2017-2023($Million)
Table: Europe Riflescope Market, By Application, 2017-2023($Million)
Table: Germany Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Germany Riflescope Market, By Technology, 2017-2023($Million)
Table: Germany Riflescope Market, By Application, 2017-2023($Million)
Table: France Riflescope Market, By Sight Type, 2017-2023($Million)
Table: France Riflescope Market, By Technology, 2017-2023($Million)
Table: France Riflescope Market, By Application, 2017-2023($Million)
Table: UK Riflescope Market, By Sight Type, 2017-2023($Million)
Table: UK Riflescope Market, By Technology, 2017-2023($Million)
Table: UK Riflescope Market, By Application, 2017-2023($Million)
Table: Italy Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Italy Riflescope Market, By Technology, 2017-2023($Million)
Table: Italy Riflescope Market, By Application, 2017-2023($Million)
Table: Spain Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Spain Riflescope Market, By Technology, 2017-2023($Million)
Table: Spain Riflescope Market, By Application, 2017-2023($Million)
Table: Rest of Europe Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Rest of Europe Riflescope Market, By Technology, 2017-2023($Million)
Table: Rest of Europe Riflescope Market, By Application, 2017-2023($Million)
Table: Asia-Pacific Riflescope Market, By Country, 2017-2023($Million)
Table: Asia-Pacific Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Asia-Pacific Riflescope Market, By Technology, 2017-2023($Million)
Table: Asia-Pacific Riflescope Market, By Application, 2017-2023($Million)
Table: Japan Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Japan Riflescope Market, By Technology, 2017-2023($Million)
Table: Japan Riflescope Market, By Application, 2017-2023($Million)
Table: China Riflescope Market, By Sight Type, 2017-2023($Million)
Table: China Riflescope Market, By Technology, 2017-2023($Million)
Table: China Riflescope Market, By Application, 2017-2023($Million)
Table: Australia Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Australia Riflescope Market, By Technology, 2017-2023($Million)
Table: Australia Riflescope Market, By Application, 2017-2023($Million)
Table: India Riflescope Market, By Sight Type, 2017-2023($Million)
Table: India Riflescope Market, By Technology, 2017-2023($Million)
Table: India Riflescope Market, By Application, 2017-2023($Million)
Table: South Korea Riflescope Market, By Sight Type, 2017-2023($Million)
Table: South Korea Riflescope Market, By Technology, 2017-2023($Million)
Table: South Korea Riflescope Market, By Application, 2017-2023($Million)
Table: Rest of Asia-Pacific Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Rest of Asia-Pacific Riflescope Market, By Technology, 2017-2023($Million)
Table: Rest of Asia-Pacific Riflescope Market, By Application, 2017-2023($Million)
Table: Rest of the World Riflescope Market, By Country, 2017-2023($Million)
Table: Rest of the World Riflescope Market, By Sight Type, 2017-2023($Million)
Table: rest of the World Riflescope Market, By Technology, 2017-2023($Million)
Table: Rest of the World Riflescope Market, By Application, 2017-2023($Million)
Table: Brazil Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Brazil Riflescope Market, By Technology, 2017-2023($Million)
Table: Brazil Riflescope Market, By Application, 2017-2023($Million)
Table: Turkey Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Turkey Riflescope Market, By Technology, 2017-2023($Million)
Table: Turkey Riflescope Market, By Application, 2017-2023($Million)
Table: Saudi Arabia Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Saudi Arabia Riflescope Market, By Technology, 2017-2023($Million)
Table: Saudi Arabia Riflescope Market, By Application, 2017-2023($Million)
Table: South Africa Riflescope Market, By Sight Type, 2017-2023($Million)
Table: South Africa Riflescope Market, By Technology, 2017-2023($Million)
Table: South Africa Riflescope Market, By Application, 2017-2023($Million)
Table: United Arab Emirates Riflescope Market, By Sight Type, 2017-2023($Million)
Table: United Arab Emirates Riflescope Market, By Technology, 2017-2023($Million)
Table: United Arab Emirates Riflescope Market, By Application, 2017-2023($Million)
Table: Others Riflescope Market, By Sight Type, 2017-2023($Million)
Table: Others Riflescope Market, By Technology, 2017-2023($Million)
Table: Others Riflescope Market, By Application, 2017-2023($Million)
Table: Bushnell: Key Strategic Developments, 2017-2017
Table: Leupold & Stevens, Inc.: Key Strategic Developments, 2017-2017
Table: Burris Optics: Key Strategic Developments, 2017-2017
Table: Schmidt & Bender: Key Strategic Developments, 2017-2017
Table: Nightforce Optics: Key Strategic Developments, 2017-2017
Table: Hawke Optics: Key Strategic Developments, 2017-2017
Table: BSA Optics: Key Strategic Developments, 2017-2017
Table: Hensoldt: Key Strategic Developments, 2017-2017
Table: Vortex Optics: Key Strategic Developments, 2017-2017
Table: Walther Arms: Key Strategic Developments, 2017-2017
List of Figures
Figure: Global Riflescope Market Share, By Sight Type, 2017 & 2023
Figure: Global Riflescope Market, By Technology, 2017 & 2023 ($Million)
Figure: Global Riflescope Market, By Application, 2017 & 2023 ($Million)
Figure: Global Riflescope Market, By Region, 2017 & 2023 ($Million)
Figure: Bushnell: Net Revenues, 2017-2017 ($Million)
Figure: Bushnell: Net Revenue Share, By Segment, 2017
Figure: Bushnell: Net Revenue Share, By Geography, 2017
Figure: Leupold & Stevens, Inc.: Net Revenues, 2017-2017 ($Million)
Figure: Leupold & Stevens, Inc.: Net Revenue Share, By Segment, 2017
Figure: Leupold & Stevens, Inc.: Net Revenue Share, By Geography, 2017
Figure: Burris Optics: Net Revenues, 2017-2017 ($Million)
Figure: Burris Optics: Net Revenue Share, By Segment, 2017
Figure: Burris Optics: Net Revenue Share, By Geography, 2017
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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