Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global 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 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: 131709 3300 Machinery & Equipment 377 242 Pages 4.6 (32)
                                          

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).


Global Telescope Industry Outlook


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:

  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 Telescope Market Overview


Highlights of The 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 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 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

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

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