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Riflescopes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global riflescopes market exhibited moderate growth during 2015-2020. A riflescope is a telescopic vision device attached on the top of automatic or snipers rifles and is used for the identification and magnification of the target. They are commonly available with air-gun, handgun, shotgun, muzzleloader, crossbow and purpose-specific scope configurations. The novel variants also include in-built laser range finders connected to color graphics displays. They aid in enhancing vision, improving accuracy and increasing rifle range. They also offer various benefits, such as anti-reflective, efficient light transmission and night vision capabilities for improved targeting. As a result, riflescopes are widely used for shooting sports, hunting, law enforcement and military applications.

The rapid modernization of military and defense industries across the globe represents one of the key factors driving the growth of the market. Riflescopes are widely used in hazy weather conditions to spot the intended targets with maximum accuracy. Moreover, the increasing participation in shooting sports and hunting activities is also driving the market growth. Additionally, various technological advancements, such as the integration of riflescopes with smart rangefinders, a global positioning system (GPS) geotagging and Rapid Adaptive Zoom for Assault Rifles (RAZAR) technologies, are acting as other growth-inducing factors. These innovations aid in conducting precision attacks and minimizing or eliminating the focal adjustments required before using the rifles. Other factors, including increasing investments to upgrade the defense infrastructure, especially in the developing economies, along with the utilization of thermal imaging and laser aiming mechanisms, are anticipated to drive the market further. Looking forward, IMARC Group expects the global riflescopes market to grow at a CAGR of around 5% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global riflescopes market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, sight type, technology and application.

Breakup by Sight Type:

  • Telescopic
  • Reflex
  • Others
     

Breakup by Technology:

  • Electro-Optic
  • Thermal Imaging
  • Laser
     

Breakup by Application:

  • Hunting
  • Armed Forces
  • Shooting Sports
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BSA Optics, Burris Company Inc., Bushnell Corporation (Vista Outdoor Inc.), Hawke Sport Optics LLC, Hensoldt Sensors GmbH, Leupold & Stevens Inc., Nightforce Optics Inc, Nikon Corporation, Schmidt-Bender, SIG Sauer Inc. and Vortex Optics.

Key Questions Answered in This Report:

  • How has the global riflescopes market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global riflescopes market?
  • What are the key regional markets?
  • What is the breakup of the market based on the sight type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global riflescopes market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Riflescopes Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Sight Type
    6.1    Telescopic
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Reflex
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Technology
    7.1    Electro-Optic
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Thermal Imaging
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Laser
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Application
    8.1    Hunting
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Armed Forces
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Shooting Sports
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    BSA Optics
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Burris Company Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Bushnell Corporation (Vista Outdoor Inc.)
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Hawke Sport Optics LLC
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Hensoldt Sensors GmbH
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Leupold & Stevens Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Nightforce Optics Inc
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Nikon Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Schmidt-Bender
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    SIG Sauer Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Vortex Optics
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio

List of Figures

Figure 1: Global: Riflescopes Market: Major Drivers and Challenges
Figure 2: Global: Riflescopes Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Riflescopes Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Riflescopes Market: Breakup by Sight Type (in %), 2020
Figure 5: Global: Riflescopes Market: Breakup by Technology (in %), 2020
Figure 6: Global: Riflescopes Market: Breakup by Application (in %), 2020
Figure 7: Global: Riflescopes Market: Breakup by Region (in %), 2020
Figure 8: Global: Riflescopes (Telescopic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Riflescopes (Telescopic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Riflescopes (Reflex) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Riflescopes (Reflex) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Riflescopes (Other Sight Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Riflescopes (Other Sight Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Riflescopes (Electro-Optic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Riflescopes (Electro-Optic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Riflescopes (Thermal Imaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Riflescopes (Thermal Imaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Riflescopes (Laser) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Riflescopes (Laser) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Riflescopes (Hunting) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Riflescopes (Hunting) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Riflescopes (Armed Forces) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Riflescopes (Armed Forces) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Riflescopes (Shooting Sports) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Riflescopes (Shooting Sports) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Riflescopes (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Riflescopes (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: North America: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: United States: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: United States: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Canada: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Canada: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Asia-Pacific: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Asia-Pacific: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: China: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: China: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Japan: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Japan: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: India: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: India: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: South Korea: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: South Korea: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Australia: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Australia: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Indonesia: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Indonesia: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Others: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Others: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Europe: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Europe: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Germany: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Germany: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: France: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: France: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: United Kingdom: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: United Kingdom: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Italy: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Italy: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Spain: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Spain: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Russia: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Russia: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Others: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Others: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Latin America: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Latin America: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Brazil: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Brazil: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Mexico: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Mexico: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Middle East and Africa: Riflescopes Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Middle East and Africa: Riflescopes Market: Breakup by Country (in %), 2020
Figure 76: Middle East and Africa: Riflescopes Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Global: Riflescopes Industry: SWOT Analysis
Figure 78: Global: Riflescopes Industry: Value Chain Analysis
Figure 79: Global: Riflescopes Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Riflescopes Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Riflescopes Market Forecast: Breakup by Sight Type (in Million US$), 2021-2026
Table 3: Global: Riflescopes Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 4: Global: Riflescopes Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Riflescopes Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Riflescopes Market: Competitive Structure
Table 7: Global: Riflescopes Market: Key Players

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