Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Optical Telescope Market by Type (Refracting telescope, Reflector Telescope, Catadioptric telescope), By Application (Amateur astronomy hobby (Enter-level telescope), Professional research (Advanced astronomical telescope), Others (Intermediate level)) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Optical Telescope Market by Type (Refracting telescope, Reflector Telescope, Catadioptric telescope), By Application (Amateur astronomy hobby (Enter-level telescope), Professional research (Advanced astronomical telescope), Others (Intermediate level)) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131708 3300 Consumer Goods 377 248 Pages 5 (39)
                                          

Market Overview:


The global optical telescope market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced astronomical telescopes for professional research and the rising popularity of amateur astronomy hobby. Refracting telescopes are expected to hold the largest share of the global optical telescope market in 2018, owing to their low cost and easy portability. Reflector telescopes are expected to grow at a higher CAGR during the forecast period as they offer superior performance than refracting telescopes. Catadioptric telescopes are anticipated to witness high growth during the forecast period due their ability offer wide field views and compact size. North America is estimated hold the largest share ofthe global optical telescope market in 2018, followed by Europe and Asia Pacific respectively.


Global Optical Telescope Industry Outlook


Product Definition:


An optical telescope is an instrument used to view distant objects by collecting electromagnetic radiation emitted by them and focusing it into an image. The importance of optical telescopes is that they allow us to see farther into space than we can with our eyes alone, which gives us a better understanding of the universe around us.


Refracting telescope:


Refracting telescopes are optical instruments that are used to gather information from objects in space. They work by bending the light onto a screen or film, which is then viewed through the eyepiece. Refracting scopes can be either portable or fixed, and their size and type vary depending on their usage.


Reflector Telescope:


Reflector telescope is a device that focuses light from the object to be viewed. It works by directing the light towards a large, highly polished metal surface, which then reflects the light back to where it came from. The product has numerous applications in optical telescopes and can also be used in solar observing.


The reflector technology was first developed for military intelligence purposes; however, it soon found its way into science education as well.


Application Insights:


Amateur astronomy hobby (Enter-level telescope) application segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to growing public interest in astronomy and space sciences. This can be attributed to popularization of science through various media such as television, newspapers, magazines, radio and internet which has created awareness about Universe beyond Earth.


The professional research application segment is expected to grow at a CAGR of XX% from 2018 to 2030 due mainlyto increasing government funding for research projects relatedto planetary systems including stars around other galaxies and planets within our Solar System with a specific focus on planet discovery using advanced optical telescopes.


Regional Analysis:


North America dominated the global market in 2017, owing to the presence of a large number of amateur astronomers and researchers. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities by universities and research institutes for developing advanced optical instruments. For instance, in 2015, University of Toronto’s Department of Astronomy & Astrophysics started working on a next-generation adaptive optics (NEO) telescope project that will be able to observe faint astronomical objects with high accuracy.


Asia Pacific is anticipated to grow at an exponential rate during the forecast period owing to growing interest among people towards astronomy as well as various government initiatives for building advanced optical telescopes. In 2016, China initiated plans for constructing world's largest optical telescope located in Mauna Kea volcano which will have ability see through clouds! Such developments are expected boost regional growth over the coming years.


Growth Factors:


  • Increasing demand for astronomy and space research
  • Growing popularity of astrophotography
  • Proliferation of large ground-based telescopes
  • Development of new telescope technologies and applications
  • Expansion of international cooperation in astronomical research

Scope Of The Report

Report Attributes

Report Details

Report Title

Optical Telescope Market Research Report

By Type

Refracting telescope, Reflector Telescope, Catadioptric telescope

By Application

Amateur astronomy hobby (Enter-level telescope), Professional research (Advanced astronomical telescope), Others (Intermediate level)

By Companies

Celestron, Meade, Vixen Optics, TAKAHASHI, ASTRO-PHYSICS, Bushnell, Bresser, ORION, Barska, Sky Watcher, Bosma, SharpStar, Visionking, TianLang

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

248

Number of Tables & Figures

174

Customization Available

Yes, the report can be customized as per your need.


Global Optical Telescope Market Report Segments:

The global Optical Telescope market is segmented on the basis of:

Types

Refracting telescope, Reflector Telescope, Catadioptric telescope

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

Amateur astronomy hobby (Enter-level telescope), Professional research (Advanced astronomical telescope), Others (Intermediate level)

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:

  1. Celestron
  2. Meade
  3. Vixen Optics
  4. TAKAHASHI
  5. ASTRO-PHYSICS
  6. Bushnell
  7. Bresser
  8. ORION
  9. Barska
  10. Sky Watcher
  11. Bosma
  12. SharpStar
  13. Visionking
  14. TianLang

Global Optical Telescope Market Overview


Highlights of The Optical Telescope Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Refracting telescope
    2. Reflector Telescope
    3. Catadioptric telescope
  1. By Application:

    1. Amateur astronomy hobby (Enter-level telescope)
    2. Professional research (Advanced astronomical telescope)
    3. Others (Intermediate level)
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Optical Telescope 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

Global Optical Telescope Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Optical Telescope 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. Optical Telescope Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Optical Telescope Market - Supply Chain
   4.5. Global Optical Telescope Market Forecast
      4.5.1. Optical Telescope Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Optical Telescope Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Optical Telescope Market Absolute $ Opportunity

5. Global Optical Telescope 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. Optical Telescope Market Size and Volume Forecast by Type
      5.3.1. Refracting telescope
      5.3.2. Reflector Telescope
      5.3.3. Catadioptric telescope
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Optical Telescope 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. Optical Telescope Market Size and Volume Forecast by Application
      6.3.1. Amateur astronomy hobby (Enter-level telescope)
      6.3.2. Professional research (Advanced astronomical telescope)
      6.3.3. Others (Intermediate level)
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Optical Telescope 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. Optical Telescope 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 Optical Telescope 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. Optical Telescope 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 Optical Telescope Demand Share Forecast, 2019-2029

9. North America Optical Telescope 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 Optical Telescope 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 Optical Telescope Market Size and Volume Forecast by Application
      9.4.1. Amateur astronomy hobby (Enter-level telescope)
      9.4.2. Professional research (Advanced astronomical telescope)
      9.4.3. Others (Intermediate level)
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Optical Telescope Market Size and Volume Forecast by Type
      9.7.1. Refracting telescope
      9.7.2. Reflector Telescope
      9.7.3. Catadioptric telescope
   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 Optical Telescope Demand Share Forecast, 2019-2029

10. Latin America Optical Telescope 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 Optical Telescope 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 Optical Telescope Market Size and Volume Forecast by Application
      10.4.1. Amateur astronomy hobby (Enter-level telescope)
      10.4.2. Professional research (Advanced astronomical telescope)
      10.4.3. Others (Intermediate level)
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Optical Telescope Market Size and Volume Forecast by Type
      10.7.1. Refracting telescope
      10.7.2. Reflector Telescope
      10.7.3. Catadioptric telescope
   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 Optical Telescope Demand Share Forecast, 2019-2029

11. Europe Optical Telescope 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 Optical Telescope 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 Optical Telescope Market Size and Volume Forecast by Application
      11.4.1. Amateur astronomy hobby (Enter-level telescope)
      11.4.2. Professional research (Advanced astronomical telescope)
      11.4.3. Others (Intermediate level)
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Optical Telescope Market Size and Volume Forecast by Type
      11.7.1. Refracting telescope
      11.7.2. Reflector Telescope
     11.7.3. Catadioptric telescope
   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 Optical Telescope Demand Share, 2019-2029

12. Asia Pacific Optical Telescope 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 Optical Telescope 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 Optical Telescope Market Size and Volume Forecast by Application
      12.4.1. Amateur astronomy hobby (Enter-level telescope)
      12.4.2. Professional research (Advanced astronomical telescope)
      12.4.3. Others (Intermediate level)
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Optical Telescope Market Size and Volume Forecast by Type
      12.7.1. Refracting telescope
      12.7.2. Reflector Telescope
      12.7.3. Catadioptric telescope
   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 Optical Telescope Demand Share, 2019-2029

13. Middle East & Africa Optical Telescope 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 Optical Telescope 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 Optical Telescope Market Size and Volume Forecast by Application
      13.4.1. Amateur astronomy hobby (Enter-level telescope)
      13.4.2. Professional research (Advanced astronomical telescope)
      13.4.3. Others (Intermediate level)
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Optical Telescope Market Size and Volume Forecast by Type
      13.7.1. Refracting telescope
      13.7.2. Reflector Telescope
      13.7.3. Catadioptric telescope
   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 Optical Telescope Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Optical Telescope Market: Market Share Analysis
   14.2. Optical Telescope Distributors and Customers
   14.3. Optical Telescope Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Celestron
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Meade
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Vixen Optics
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. TAKAHASHI
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. ASTRO-PHYSICS
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Bushnell
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Bresser
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. ORION
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Barska
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Sky Watcher
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Bosma
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. SharpStar
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Visionking
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. TianLang
         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

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