Market Overview:
The global weapon scope market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced optics in military and law enforcement applications, and rising adoption of weapon scopes for hunting purposes. Based on type, the telescopic sight segment is expected to lead the global weapon scope market during the forecast period. This can be attributed to their high accuracy and magnification capabilities as compared with other types of sights. Based on application, military and law enforcement applications are expected to account for a major share of the global weapon scope market during the forecast period. This can be attributed to increasing investments by governments in advanced optics technologies for use by security forces.
Product Definition:
A weapon scope is a device that attaches to a firearm to magnify the image of the target. This allows for more accurate shooting, especially at longer ranges.
Telescopic sight:
As the name suggests, telescopic sight is a device that helps in enhancing vision. It’s an optical instrument that uses lenses and mirrors to gather light and reflect it towards the eye. The main function of a telescopic sight is to help aim at objects at long distances. They are mostly used for military or hunting purposes where soldiers are required to shoot from a greater distance with accuracy.
Collimating optical sight:
Collimating optical sight is a type of weapon scope that helps in adjusting the aim with the help of lenses. It’s major use is to aligning bullets with the target which makes it easier to hit. These scopes are mostly used by military and law enforcement personnel as they require high precision for aiming at a particular object.
Application Insights:
The hunting application segment accounted for the largest share of over 50.0% in 2017 and is anticipated to maintain its lead over the forecast period. The rising importance of gun ownership among male adults in developed countries including U.S., Canada, and France is expected to boost demand for rifles with scopes attached during hunting trips, which will further propel industry growth.
The military and law enforcement application segment accounted for a significant market share in 2017 owing to extensive use by armed forces across various regions coupled with increasing police force personnel across developing countries including India, China, Brazil etc. Furthermore, governments from different regions are making stringent laws regarding animal protection which will increase scope for rifle scopes with high magnification lenses that can spot even small targets at long distances thus propelling industry growth during the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high demand for military and law enforcement weapons, as well as hunting weapons. In addition, rising cases of gun violence in some countries such as U.S., are anticipated to drive the demand for guns and related accessories including weapon scopes over the next eight years.
Asia Pacific is projected to be one of fastest-growing regional markets from 2018 to 2030 due a large number of armed forces personnel deployed by various governments across this region coupled with increasing terrorist activities at national level which has led nations like India and China deploy more troops on their borders thus driving up product sales over past few years. Furthermore, growing popularity of shooting games among youths will also have a positive impact on industry growth over next few years (Ref: Google Trends).
Growth Factors:
- Increasing demand for firearms and shooting sports
- Rising awareness about the benefits of using weapon scopes
- Technological advancements in scope design and construction
- Growing popularity of precision shooting competitions
- Proliferation of online retail channels for selling weapon scopes
Scope Of The Report
Report Attributes
Report Details
Report Title
Weapon Scope Market Research Report
By Type
Telescopic sight, Collimating optical sight, Reflex sight
By Application
Hunting, Military and Law enforcement, Other
By Companies
Aimpoint, Leupold & Stevens, Schmidt &Bender, EOTech, Burris, Vortex Optics, Trijicon, Nikon, Night Force, Bushnell, US optics, Kahles, Mueller, Night Optics Usa, Holosun, Tasco, NcSTAR, BSA Optics, Meprolight, Pulsar
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 Weapon Scope Market Report Segments:
The global Weapon Scope 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, Military and Law enforcement, Other
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:
- Aimpoint
- Leupold & Stevens
- Schmidt &Bender
- EOTech
- Burris
- Vortex Optics
- Trijicon
- Nikon
- Night Force
- Bushnell
- US optics
- Kahles
- Mueller
- Night Optics Usa
- Holosun
- Tasco
- NcSTAR
- BSA Optics
- Meprolight
- Pulsar
Highlights of The Weapon Scope 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
- Military and Law enforcement
- Other
- 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 Weapon Scope 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?
A weapon scope is a device that attaches to a firearm and allows the user to see farther away, making it easier to hit targets.
Some of the key players operating in the weapon scope market are Aimpoint, Leupold & Stevens, Schmidt &Bender, EOTech, Burris, Vortex Optics, Trijicon, Nikon, Night Force, Bushnell, US optics, Kahles, Mueller, Night Optics Usa, Holosun, Tasco, NcSTAR, BSA Optics, Meprolight, Pulsar.
The weapon scope market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Weapon Scope 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. Weapon Scope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Weapon Scope Market - Supply Chain
4.5. Global Weapon Scope Market Forecast
4.5.1. Weapon Scope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Weapon Scope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Weapon Scope Market Absolute $ Opportunity
5. Global Weapon Scope 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. Weapon Scope 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 Weapon Scope 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. Weapon Scope Market Size and Volume Forecast by Application
6.3.1. Hunting
6.3.2. Military and Law enforcement
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Weapon Scope 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. Weapon Scope 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 Weapon Scope 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. Weapon Scope 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 Weapon Scope Demand Share Forecast, 2019-2026
9. North America Weapon Scope 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 Weapon Scope 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 Weapon Scope Market Size and Volume Forecast by Application
9.4.1. Hunting
9.4.2. Military and Law enforcement
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Weapon Scope 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 Weapon Scope Demand Share Forecast, 2019-2026
10. Latin America Weapon Scope 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 Weapon Scope 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 Weapon Scope Market Size and Volume Forecast by Application
10.4.1. Hunting
10.4.2. Military and Law enforcement
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Weapon Scope 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 Weapon Scope Demand Share Forecast, 2019-2026
11. Europe Weapon Scope 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 Weapon Scope 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 Weapon Scope Market Size and Volume Forecast by Application
11.4.1. Hunting
11.4.2. Military and Law enforcement
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Weapon Scope 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 Growth Projections by Type
11.10. arket 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 Weapon Scope Demand Share, 2019-2026
12. Asia Pacific Weapon Scope 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 Weapon Scope 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 Weapon Scope Market Size and Volume Forecast by Application
12.4.1. Hunting
12.4.2. Military and Law enforcement
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Weapon Scope 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 Weapon Scope Demand Share, 2019-2026
13. Middle East & Africa Weapon Scope 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 Weapon Scope 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 Weapon Scope Market Size and Volume Forecast by Application
13.4.1. Hunting
13.4.2. Military and Law enforcement
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Weapon Scope 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 Weapon Scope Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Weapon Scope Market: Market Share Analysis
14.2. Weapon Scope Distributors and Customers
14.3. Weapon Scope Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aimpoint
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 & Stevens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schmidt &Bender
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EOTech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Burris
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vortex Optics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trijicon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nikon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Night Force
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bushnell
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. US 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. Kahles
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mueller
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Night Optics Usa
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Holosun
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Tasco
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NcSTAR
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. BSA Optics
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Meprolight
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Pulsar
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook