Market Overview:
The global 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. Based on type, the global telescope market is segmented into refracting telescopes, reflector telescopes, and catadioptric telescopes. The refracting telescope segment is expected to hold the largest share of the global telescope market in 2018 owing to its low cost and easy portability. However, the reflector telescope segment is projected to grow at a higher CAGR during the forecast period as it offers superior performance than other types of telescopes. Based on application,the global telescope market is divided into amateur astronomy hobby (entry-level), professional research (advanced astronomical), and others (intermediate level).
Product Definition:
A telescope is an optical instrument that aids in the observation of distant objects by collecting and amplifying light. The importance of telescopes is primarily in their ability to allow humans to view distant objects, including other planets in our solar system and galaxies beyond our own. Telescopes have also been used for scientific research, including the discovery of new planets and stars.
Refracting telescope:
Refracting telescopes are optical instruments that are used to gather information from distant objects by bending and focusing light on a glass or transparent film. Refracting is the oldest type of reflecting telescope, which was invented in 1608 by Dutch spectacle maker Zacharias Janssen. It's named as such because it uses a curved piece of glass instead of a mirror to collect the light. The image formed can be viewed normally without any further lenses or adjustments.
Reflector Telescope:
Reflector telescope is a type of optical reflector which is used to concentrate light from the headlights and streetlights. It consists of two mirrors, namely concave mirror and convex mirror. The main goal of using a reflector telescope in observing or photography is to spread the light into an even pattern across the horizon for better visibility. It helps in improving contrast ratio by making bright objects even brighter and dark objects darker as well as it increases color saturation.
Application Insights:
Amateur astronomy hobby (Enter-level telescope) application segment dominated the overall market in terms of revenue share in 2017. The professional research application segment is expected to witness the fastest growth over the forecast period. Advanced astronomical telescopes are large and expensive instruments, thus only a few institutions own them. These telescopes are used by professionals for researching various celestial objects such as planets, stars and galaxies.
The Others application category includes planetariums, observatories and educational institutes that possess intermediate level or larger telescopes. Planetariums mainly project images of night sky on a screen or sell tickets for viewing specific events predicted by astronomer regarding different star systems located beyond Earth's atmosphere called extraterrestrial planets etcetera). Observatories conduct research on space objects using large optical devices such as reflector telescope which enables them to capture faint object details etcetera).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing number of amateur astronomers and technological advancements associated with modern telescope equipment. Moreover, presence of major manufacturers such as Meade Instruments Inc., Celestron, and Sky-Watcher has also contributed to the growth in North America. Europe is expected to grow at a significant rate over the forecast period owing to growing interest among people towards space exploration and research activities associated with it. This region is home for several professional observatories as well as large number of amateur astronomers who use reflector telescopes for their research work or just for hobby purpose.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period due its increasing population along with rising disposable income especially in countries like India & China which are some of largest markets across this region; hence driving demand from applications other than professional astronomy hobbyists (amateur).
Growth Factors:
- Increasing demand for astronomy and space research
- Growing popularity of astrophotography
- Proliferation of large aperture telescopes
- Development of innovative telescope technologies
- Expansion in the number of amateur astronomers
Scope Of The Report
Report Attributes
Report Details
Report Title
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Telescope Market Report Segments:
The global 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:
- Celestron
- Meade
- Vixen Optics
- TAKAHASHI
- ASTRO-PHYSICS
- Bushnell
- Bresser
- ORION
- Barska
- Sky Watcher
- Bosma
- SharpStar
- Visionking
- TianLang
Highlights of The Telescope 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:
- Refracting telescope
- Reflector Telescope
- Catadioptric telescope
- By Application:
- Amateur astronomy hobby (Enter-level telescope)
- Professional research (Advanced astronomical telescope)
- Others (Intermediate level)
- 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 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 telescope is an instrument used to view distant objects. It consists of a lens and a mirror, which allows the user to see objects that are far away.
Some of the key players operating in the telescope market are Celestron, Meade, Vixen Optics, TAKAHASHI, ASTRO-PHYSICS, Bushnell, Bresser, ORION, Barska, Sky Watcher, Bosma, SharpStar, Visionking, TianLang.
The telescope market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 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. Telescope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Telescope Market - Supply Chain
4.5. Global Telescope Market Forecast
4.5.1. Telescope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Telescope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Telescope Market Absolute $ Opportunity
5. Global 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. 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 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. 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 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. 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 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. 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 Telescope Demand Share Forecast, 2019-2029
9. North America 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 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 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 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 Telescope Demand Share Forecast, 2019-2029
10. Latin America 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 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 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 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 Telescope Demand Share Forecast, 2019-2029
11. Europe 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 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 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 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 (PS) 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 Telescope Demand Share, 2019-2029
12. Asia Pacific 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 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 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 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 Telescope Demand Share, 2019-2029
13. Middle East & Africa 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 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 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 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 Telescope Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Telescope Market: Market Share Analysis
14.2. Telescope Distributors and Customers
14.3. 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
