Market Overview:
The global sighting devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for sighting devices in shooting sports and hunting applications, and the rising adoption of sighting devices by armed forces across the globe. Telescopic sights are expected to hold a dominant position in the global sighting devices market during the forecast period, owing to their superior features such as magnification power and long-range accuracy. However, collimating optical sights are anticipated to witness high growth rates during the forecast period due to their low price point and easy installation process. North America is estimated to account for a major share of the global sightings device market in 2018, followed by Europe and Asia Pacific.
Product Definition:
Sighting devices are tools that help people see things from a distance. They can be used for navigation, hunting, or other activities.
Telescopic Sight:
A telescopic sight is a device that enables the user to see far away objects with the help of lenses and mirrors. It works by reflecting light from an object located at a distant place to the eye where it appears as if the object is right in front of you. The basic working principle behind these devices is simple; however, its application in real life situations turns out to be quite complicated.
Collimating Optical Sight:
Collimating optical sight is a device that helps in adjusting the aim of rifles, shotguns and handguns. It’s an optical instrument that consists of two eyepiece lenses which are connected by a tube. By moving the first lens towards or away from the target, user can adjust the aim of weapon accordingly. These sights are used in rifles to help users to accurately hit targets at long distances and they also offer high visibility during night time operations as well as indoors.
Application Insights:
Armed forces was the largest application segment in 2017 and is expected to grow at a CAGR of XX% over the forecast period. Increasing use of rifles for military purposes has led to increase in target shooting activities across countries, which is likely to propel demand for rifle scopes over the forecast period. Furthermore, government initiatives such as National Target Practice Week are intended towards encouraging participation in outdoor sports including shooting and hunting which will further boost market growth during future years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of prominent players such as Trijicon Inc.; Leupold & Stevens, Inc.; and EOTech, LLC. The U.S. is one of the largest markets for sporting goods and hunting equipment in North America due to high disposable income of its citizens coupled with a strong preference for outdoor recreational activities such as fishing, shooting sports, hiking/camping etc.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand from countries like India.
Growth Factors:
- Increasing demand for sighting devices from the defense sector
- Growing popularity of sighting devices among hunters and shooters
- Rising demand for sighting devices in the commercial sector
- Technological advancements in sighting devices industry
- Growing awareness about the benefits of using sighting devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Sighting Devices Market Research Report
By Type
Telescopic Sight, Collimating Optical Sight, Reflex Sight
By Application
Hunting, Shooting Sports, Armed Forces
By Companies
Bushnell, Leupold, Burris, Nikon, Schmidt-Bender, WALTHER, Hawke Optics, Nightforce, BSA, Hensoldt, Vortex Optics, Barska, Aimpoint, LEAPERS, Tasco, Swarovski, Weaveroptics, Meopta, Gamo, Millett, Zeiss, Sightron, Simmons, Sightmark, Norinco Group, SAM ELECTRICAL EQUIPMENTS, Nantong Universal Optical Instrument, Ntans, Holosun, SIG
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Sighting Devices Market Report Segments:
The global Sighting Devices market is segmented on the basis of:
Types
Telescopic Sight, Collimating Optical Sight, Reflex Sight
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 Sports, Armed Forces
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
- Leupold
- Burris
- Nikon
- Schmidt-Bender
- WALTHER
- Hawke Optics
- Nightforce
- BSA
- Hensoldt
- Vortex Optics
- Barska
- Aimpoint
- LEAPERS
- Tasco
- Swarovski
- Weaveroptics
- Meopta
- Gamo
- Millett
- Zeiss
- Sightron
- Simmons
- Sightmark
- Norinco Group
- SAM ELECTRICAL EQUIPMENTS
- Nantong Universal Optical Instrument
- Ntans
- Holosun
- SIG
Highlights of The Sighting Devices 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:
- Telescopic Sight
- Collimating Optical Sight
- Reflex Sight
- By Application:
- Hunting
- Shooting Sports
- Armed Forces
- 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 Sighting Devices 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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- Correctly Positioning New Products
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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?
A sighting device is a tool used to help hunters or shooters locate their target. Sighting devices can be as simple as a scope, binoculars, or rifle scopes. They can also include electronic sights and rangefinders.
Some of the key players operating in the sighting devices market are Bushnell, Leupold, Burris, Nikon, Schmidt-Bender, WALTHER, Hawke Optics, Nightforce, BSA, Hensoldt, Vortex Optics, Barska, Aimpoint, LEAPERS, Tasco, Swarovski, Weaveroptics, Meopta, Gamo, Millett, Zeiss, Sightron, Simmons, Sightmark, Norinco Group, SAM ELECTRICAL EQUIPMENTS, Nantong Universal Optical Instrument, Ntans, Holosun, SIG.
The sighting devices market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sighting Devices 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. Sighting Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sighting Devices Market - Supply Chain
4.5. Global Sighting Devices Market Forecast
4.5.1. Sighting Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sighting Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sighting Devices Market Absolute $ Opportunity
5. Global Sighting Devices 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. Sighting Devices Market Size and Volume Forecast by Type
5.3.1. Telescopic Sight
5.3.2. Collimating Optical Sight
5.3.3. Reflex Sight
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sighting Devices 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. Sighting Devices Market Size and Volume Forecast by Application
6.3.1. Hunting
6.3.2. Shooting Sports
6.3.3. Armed Forces
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sighting Devices 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. Sighting Devices 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 Sighting Devices 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. Sighting Devices 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 Sighting Devices Demand Share Forecast, 2019-2026
9. North America Sighting Devices 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 Sighting Devices 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 Sighting Devices Market Size and Volume Forecast by Application
9.4.1. Hunting
9.4.2. Shooting Sports
9.4.3. Armed Forces
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sighting Devices Market Size and Volume Forecast by Type
9.7.1. Telescopic Sight
9.7.2. Collimating Optical Sight
9.7.3. Reflex Sight
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 Sighting Devices Demand Share Forecast, 2019-2026
10. Latin America Sighting Devices 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 Sighting Devices 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 Sighting Devices Market Size and Volume Forecast by Application
10.4.1. Hunting
10.4.2. Shooting Sports
10.4.3. Armed Forces
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sighting Devices Market Size and Volume Forecast by Type
10.7.1. Telescopic Sight
10.7.2. Collimating Optical Sight
10.7.3. Reflex Sight
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 Sighting Devices Demand Share Forecast, 2019-2026
11. Europe Sighting Devices 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 Sighting Devices 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 Sighting Devices Market Size and Volume Forecast by Application
11.4.1. Hunting
11.4.2. Shooting Sports
11.4.3. Armed Forces
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sighting Devices Market Size and Volume Forecast by Type
11.7.1. Telescopic Sight
11.7.2. Collimating Optical Sight
11.7.3. Reflex Sight
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y rowth 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 Sighting Devices Demand Share, 2019-2026
12. Asia Pacific Sighting Devices 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 Sighting Devices 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 Sighting Devices Market Size and Volume Forecast by Application
12.4.1. Hunting
12.4.2. Shooting Sports
12.4.3. Armed Forces
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sighting Devices Market Size and Volume Forecast by Type
12.7.1. Telescopic Sight
12.7.2. Collimating Optical Sight
12.7.3. Reflex Sight
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 Sighting Devices Demand Share, 2019-2026
13. Middle East & Africa Sighting Devices 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 Sighting Devices 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 Sighting Devices Market Size and Volume Forecast by Application
13.4.1. Hunting
13.4.2. Shooting Sports
13.4.3. Armed Forces
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sighting Devices Market Size and Volume Forecast by Type
13.7.1. Telescopic Sight
13.7.2. Collimating Optical Sight
13.7.3. Reflex Sight
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 Sighting Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sighting Devices Market: Market Share Analysis
14.2. Sighting Devices Distributors and Customers
14.3. Sighting Devices 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. Leupold
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Burris
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nikon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schmidt-Bender
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. WALTHER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hawke Optics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nightforce
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BSA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hensoldt
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Vortex Optics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Barska
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Aimpoint
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LEAPERS
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tasco
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Swarovski
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Weaveroptics
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. Gamo
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Millett
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
