The global binoculars market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The growth of the market can be attributed to factors such as increasing demand for high-quality binoculars in emerging economies and growing popularity of outdoor activities among millennials.
Roof prism binoculars are expected to dominate the global market during the forecast period, accounting for over 50% share in terms of revenue by 2030. Porro prism binoculars are expected to account for over 30% share in terms of revenue by 2030, owing to their compact size and lightweight design that makes them suitable for use while hunting or shooting outdoors or while on a boat or ship at sea.
Some Of The Growth Factors Of This Market:
- The growth of the Binoculars market is driven by the increasing demand for binoculars in various industries such as military, law enforcement, and sports.
- The increasing number of people who are interested in outdoor activities such as bird watching and hunting is also driving the growth of this market.
- The growing popularity of outdoor activities among children is also a factor that will drive the growth of this market in future years.
- Increasing awareness about eye health and safety among consumers will also drive the growth of this market in future years due to increased demand for binoculars with protective eyewear features such as anti-fog coating, anti-reflective coating, and UV protection features which help protect eyes from harmful light rays emitted from screens or sunlight exposure during outdoor activities like bird watching or hunting which can cause eye strain or fatigue over time if not protected properly with these features on binoculars lenses.
- Increasing use of binoculars by law enforcement agencies to monitor crowds at public events like concerts or sporting events will also drive the growth of this market.
Industry Growth Insights published a new data on “Binoculars Market”. The research report is titled “Binoculars Market research by Types (Roof Prism Binoculars, Porro Prism Binoculars, Others, ), By Applications (Hunting & shooting Series, Outdoor Series, Marine Series, Tactical and Military Series, Others, ), By Players/Companies Bushnell, Nikon, Tasco, Pulsar, Steiner, Zeiss, Olympus, Simmons, Leica, Canon, Ricoh, Meade Instruments, Kowa, Swarovski Optik, Celestron, Leupold, Alpen, Meopta, Opticron, Vixen, Lunt Engineering, Barska, Fujifilm, Levenhuk, Bosma, TianLang, Visionking, CAS Nanjing Astronomical Instruments, Yunnan Yuanjin Optical Instruments, Jaxy Optical Instrument”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Binoculars Market Research Report
By Type
Roof Prism Binoculars, Porro Prism Binoculars, Others,
By Application
Hunting & shooting Series, Outdoor Series, Marine Series, Tactical and Military Series, Others,
By Companies
Bushnell, Nikon, Tasco, Pulsar, Steiner, Zeiss, Olympus, Simmons, Leica, Canon, Ricoh, Meade Instruments, Kowa, Swarovski Optik, Celestron, Leupold, Alpen, Meopta, Opticron, Vixen, Lunt Engineering, Barska, Fujifilm, Levenhuk, Bosma, TianLang, Visionking, CAS Nanjing Astronomical Instruments, Yunnan Yuanjin Optical Instruments, Jaxy Optical Instrument
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Binoculars Market Report Segments:
The global Binoculars market is segmented on the basis of:
Types
Roof Prism Binoculars, Porro Prism Binoculars, Others,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hunting & shooting Series, Outdoor Series, Marine Series, Tactical and Military Series, Others,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bushnell
- Nikon
- Tasco
- Pulsar
- Steiner
- Zeiss
- Olympus
- Simmons
- Leica
- Canon
- Ricoh
- Meade Instruments
- Kowa
- Swarovski Optik
- Celestron
- Leupold
- Alpen
- Meopta
- Opticron
- Vixen
- Lunt Engineering
- Barska
- Fujifilm
- Levenhuk
- Bosma
- TianLang
- Visionking
- CAS Nanjing Astronomical Instruments
- Yunnan Yuanjin Optical Instruments
- Jaxy Optical Instrument
Highlights of The Binoculars Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Roof Prism Binoculars
- Porro Prism Binoculars
- Others
- By Application:
- Hunting & shooting Series
- Outdoor Series
- Marine Series
- Tactical and Military Series
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Binoculars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Binoculars are a pair of optical instruments that use lenses to magnify an image. They are typically used to see objects at a greater distance, such as when viewing wildlife or scenery.
Some of the major players in the binoculars market are Bushnell, Nikon, Tasco, Pulsar, Steiner, Zeiss, Olympus, Simmons, Leica, Canon, Ricoh, Meade Instruments, Kowa, Swarovski Optik, Celestron, Leupold, Alpen, Meopta, Opticron, Vixen, Lunt Engineering, Barska, Fujifilm, Levenhuk, Bosma, TianLang, Visionking, CAS Nanjing Astronomical Instruments, Yunnan Yuanjin Optical Instruments, Jaxy Optical Instrument.
The binoculars market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Binoculars Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Binoculars Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Binoculars Market - Supply Chain
4.5. Global Binoculars Market Forecast
4.5.1. Binoculars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Binoculars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Binoculars Market Absolute $ Opportunity
5. Global Binoculars Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Binoculars Market Size and Volume Forecast by Type
5.3.1. Roof Prism Binoculars
5.3.2. Porro Prism Binoculars
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Binoculars Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Binoculars Market Size and Volume Forecast by Application
6.3.1. Hunting & shooting Series
6.3.2. Outdoor Series
6.3.3. Marine Series
6.3.4. Tactical and Military Series
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Binoculars Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Binoculars Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Binoculars Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Binoculars Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Binoculars Demand Share Forecast, 2019-2026
9. North America Binoculars Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Binoculars Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Binoculars Market Size and Volume Forecast by Application
9.4.1. Hunting & shooting Series
9.4.2. Outdoor Series
9.4.3. Marine Series
9.4.4. Tactical and Military Series
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Binoculars Market Size and Volume Forecast by Type
9.7.1. Roof Prism Binoculars
9.7.2. Porro Prism Binoculars
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Binoculars Demand Share Forecast, 2019-2026
10. Latin America Binoculars Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Binoculars Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Binoculars Market Size and Volume Forecast by Application
10.4.1. Hunting & shooting Series
10.4.2. Outdoor Series
10.4.3. Marine Series
10.4.4. Tactical and Military Series
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Binoculars Market Size and Volume Forecast by Type
10.7.1. Roof Prism Binoculars
10.7.2. Porro Prism Binoculars
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Binoculars Demand Share Forecast, 2019-2026
11. Europe Binoculars Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Binoculars Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Binoculars Market Size and Volume Forecast by Application
11.4.1. Hunting & shooting Series
11.4.2. Outdoor Series
11.4.3. Marine Series
11.4.4. Tactical and Military Series
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Binoculars Market Size and Volume Forecast by Type
11.7.1. Roof Prism Binoculars
11.7.2. Porro Prism Binoculars
11.7.3. Others
11.8. Basis Point Share (BS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Binoculars Demand Share, 2019-2026
12. Asia Pacific Binoculars Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Binoculars Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Binoculars Market Size and Volume Forecast by Application
12.4.1. Hunting & shooting Series
12.4.2. Outdoor Series
12.4.3. Marine Series
12.4.4. Tactical and Military Series
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Binoculars Market Size and Volume Forecast by Type
12.7.1. Roof Prism Binoculars
12.7.2. Porro Prism Binoculars
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Binoculars Demand Share, 2019-2026
13. Middle East & Africa Binoculars Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Binoculars Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Binoculars Market Size and Volume Forecast by Application
13.4.1. Hunting & shooting Series
13.4.2. Outdoor Series
13.4.3. Marine Series
13.4.4. Tactical and Military Series
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Binoculars Market Size and Volume Forecast by Type
13.7.1. Roof Prism Binoculars
13.7.2. Porro Prism Binoculars
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Binoculars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Binoculars Market: Market Share Analysis
14.2. Binoculars Distributors and Customers
14.3. Binoculars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bushnell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nikon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tasco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pulsar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Steiner
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zeiss
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Olympus
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Simmons
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Leica
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Canon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ricoh
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Meade Instruments
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kowa
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Swarovski Optik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Celestron
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Leupold
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Alpen
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Meopta
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Opticron
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Vixen
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
