Market Overview:
The global monoculars market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for monoculars from personal, commercial, and military applications. Additionally, the growing awareness about the benefits of using monoculars is also contributing to the growth of this market. Based on type, ordinary monoculars are expected to account for a larger share of the global monoculars market than changeable magnification monoculars during the forecast period. This can be attributed to their low cost and easy availability compared with changeable magnification monoculars.
Product Definition:
A monocular is a lightweight optical instrument with a single lens that is used to magnify objects. Monoculars are often used by birdwatchers, hikers, and hunters to get a closer view of their surroundings.
Ordinary Monoculars:
Monoculars are instruments that help in enhancing and magnifying only one eye, used by people who have lost their sight in only one eye or cannot see with both eyes. Monoculars are available in two forms: non-electric and electric. Non-electric monoculars consist of a simple lens attached to the frame of an eyeglass or goggles by a cable; while electric ones have a small video screen instead of lenses.
Changeable Magnification Monoculars:
Changeable magnification monoculars are binocular devices that offer two different magnification settings. The first setting is usually for everyday use and the second one can be used for special purposes such as bird watching, wildlife observation or studying maps etc. These products are mostly preferred by people who have bad eyesight and cannot adjust to the normal magnifying glasses.
The global market size was valued at USD 648 million in 2016.
Application Insights:
The personal application segment held the largest share of over 70.0% in 2017. The growing preference for monoculars by individuals for outdoor activities such as hiking, bird watching and camping is expected to be a key factor driving the demand over the forecast period. Furthermore, increasing use of monocular devices by sportspersons for better vision during games and practices is anticipated to further fuel market growth over the coming years.
The commercial application segment is expected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising adoption in various industries such as construction, oil & gas, transportation.
Regional Analysis:
North America dominated the global monoculars market in 2017. The U.S., being a developed economy, has witnessed an increase in demand for high-tech devices such as monoculars over the past few years. This growth is attributed to their increasing application across various sectors including military and commercial sectors.
Asia Pacific is expected to be one of the fastest growing regions with a CAGR of XX% from 2018 to 2030 owing to rapid developments taking place across several economies including China.
Growth Factors:
- Increasing demand for monoculars from the military and defense sector owing to its compact size and lightweight.
- Growing popularity of bird watching, hunting, and other outdoor activities that require use of monoculars for enhanced viewing experience.
- Technological advancements in optical lens design and construction that have resulted in better quality monoculars with superior magnification power.
- Rising disposable income levels of consumers across the globe that has led to an increase in demand for premium quality monoculars products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Monoculars Market Research Report
By Type
Ordinary Monoculars, Changeable Magnification Monoculars
By Application
Personal, Commercial, Military
By Companies
Pulsar, Nikon, Brunton, Flir, Orion, Leica, Opticron, Vortex, Minox, Zeiss, Carson, Bushnell
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Monoculars Market Report Segments:
The global Monoculars market is segmented on the basis of:
Types
Ordinary Monoculars, Changeable Magnification Monoculars
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
Personal, Commercial, Military
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:
- Pulsar
- Nikon
- Brunton
- Flir
- Orion
- Leica
- Opticron
- Vortex
- Minox
- Zeiss
- Carson
- Bushnell
Highlights of The Monoculars 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:
- Ordinary Monoculars
- Changeable Magnification Monoculars
- By Application:
- Personal
- Commercial
- Military
- 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 Monoculars 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Monoculars are a type of eyeglasses that use only one lens. They are often used by people who have difficulty seeing in distance or with glare.
Some of the major companies in the monoculars market are Pulsar, Nikon, Brunton, Flir, Orion, Leica, Opticron, Vortex, Minox, Zeiss, Carson, Bushnell.
The monoculars market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Monoculars 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. Monoculars Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Monoculars Market - Supply Chain
4.5. Global Monoculars Market Forecast
4.5.1. Monoculars Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Monoculars Market Size (000 Units) and Y-o-Y Growth
4.5.3. Monoculars Market Absolute $ Opportunity
5. Global Monoculars 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. Monoculars Market Size and Volume Forecast by Type
5.3.1. Ordinary Monoculars
5.3.2. Changeable Magnification Monoculars
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Monoculars 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. Monoculars Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Commercial
6.3.3. Military
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Monoculars 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. Monoculars 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 Monoculars 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. Monoculars 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 Monoculars Demand Share Forecast, 2019-2026
9. North America Monoculars 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 Monoculars 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 Monoculars Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Commercial
9.4.3. Military
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Monoculars Market Size and Volume Forecast by Type
9.7.1. Ordinary Monoculars
9.7.2. Changeable Magnification Monoculars
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 Monoculars Demand Share Forecast, 2019-2026
10. Latin America Monoculars 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 Monoculars 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 Monoculars Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Commercial
10.4.3. Military
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Monoculars Market Size and Volume Forecast by Type
10.7.1. Ordinary Monoculars
10.7.2. Changeable Magnification Monoculars
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 Monoculars Demand Share Forecast, 2019-2026
11. Europe Monoculars 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 Monoculars 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 Monoculars Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Commercial
11.4.3. Military
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Monoculars Market Size and Volume Forecast by Type
11.7.1. Ordinary Monoculars
11.7.2. Changeable Magnification Monoculars
11.8. Basis Point Share (BPS) 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 Monoculars Demand Share, 2019-2026
12. Asia Pacific Monoculars 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 Monoculars 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 Monoculars Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Commercial
12.4.3. Military
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Monoculars Market Size and Volume Forecast by Type
12.7.1. Ordinary Monoculars
12.7.2. Changeable Magnification Monoculars
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 Monoculars Demand Share, 2019-2026
13. Middle East & Africa Monoculars 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 Monoculars 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 Monoculars Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Commercial
13.4.3. Military
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Monoculars Market Size and Volume Forecast by Type
13.7.1. Ordinary Monoculars
13.7.2. Changeable Magnification Monoculars
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 Monoculars Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Monoculars Market: Market Share Analysis
14.2. Monoculars Distributors and Customers
14.3. Monoculars Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pulsar
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. Brunton
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Flir
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Orion
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Leica
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Opticron
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Vortex
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Minox
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zeiss
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Carson
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Bushnell
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook