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Sports Optic Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global sports optic market reached a value of US$ 2.13 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.6 Billion by 2027 exhibiting a CAGR of 3.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Sports optics refer to the devices used for magnifying distant objects for improved clarity and enhanced performance. Binoculars, rangefinders, rifle scopes and telescopes are some of the commonly available sports optics that are manufactured using plastic, glass and metallic frames. They are widely used in numerous sports, such as hunting, horse racing, golf, rifle shooting and water and snow sports, to assess the range of the target, improve the viewing experience, collect information and aim accurately. These devices can operate in the visible, ultraviolet (UV) and infrared (IR) range and offer enhanced clarity, portability, sharpness, magnification and dim and night vision functionalities.

 

 
 

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Sports Optic Market Trends:

The increasing preference for recreational and sports activities among the masses is one of the key factors driving the growth of the market. Sports optics are widely used in sporting events, such as rifle, target, archery and handgun shooting to ensure precise aiming and accurate shooting over long distances. Additionally, the widespread utilization of telescopic sports optics for water and snow sports to prevent corneal scratches, eye infections, exposure to chemicals and saltwater and improve underwater visibility is favoring the market growth. Moreover, various product innovations, such as the launch of three-dimensional (3D) view optics that provide high-resolution images of distant objects, are providing a thrust to the market growth. In line with this, the introduction of sports optics that assists in measuring the distance, intensifying and illuminating the target in dim and no-light conditions is positively impacting the market growth. Other factors, including the increasing expenditure capacities of the consumers, along with the implementation of various government initiatives to promote sports training among the masses, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sports optic market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, distribution channel and application.

Breakup by Type:

 

 
 

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  • Telescopes
  • Binoculars
  • Rifle Scopes
  • Rangefinders
     

Breakup by Distribution Channel:

  • Online
  • Offline
     

Breakup by Application:

  • Shooting Sports
  • Golf
  • Water Sports
  • Wheel Sports
  • Snow Sports
  • Horse Racing
  • Others
     

Breakup by Region:

 

 
 

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  • 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 American Technologies Network Corp, Burris Company Inc., Bushnell Inc. (Vista Outdoor Inc.), Carl Zeiss AG, Celestron LLC (Synta Technology Corporation of Taiwan), Karl Kaps GmbH & Co. KG, Leica Camera Aktiengesellschaft, Leupold & Stevens Inc., Meopta - optika s.r.o, Nikon Corporation, Primary Arms L.L.C., Teledyne Flir LLC (Teledyne Technologies Incorporated) and Trijicon Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Technologies Network Corp, Burris Company Inc., Bushnell Inc. (Vista Outdoor Inc.), Carl Zeiss AG, Celestron LLC (Synta Technology Corporation of Taiwan), Karl Kaps GmbH & Co. KG, Leica Camera Aktiengesellschaft, Leupold & Stevens Inc., Meopta - optika s.r.o, Nikon Corporation, Primary Arms L.L.C., Teledyne Flir LLC (Teledyne Technologies Incorporated) and Trijicon Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global sports optic market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global sports optic market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the distribution channel?
  • 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 sports optic 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 Sports Optic Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Telescopes
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Binoculars
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Rifle Scopes
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Rangefinders
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Distribution Channel
    7.1    Online
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Offline
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Shooting Sports
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Golf
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Water Sports
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Wheel Sports
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Snow Sports
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Horse Racing
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others
        8.7.1 Market Trends
        8.7.2 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    American Technologies Network Corp
           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 Inc. (Vista Outdoor Inc.)
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Carl Zeiss AG
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 SWOT Analysis
        14.3.5    Celestron LLC (Synta Technology Corporation of Taiwan)
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Karl Kaps GmbH & Co. KG
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Leica Camera Aktiengesellschaft
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Leupold & Stevens Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Meopta - optika, s.r.o
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Nikon Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Primary Arms L.L.C.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Teledyne Flir LLC (Teledyne Technologies Incorporated)
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis
        14.3.13    Trijicon Inc.
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Sports Optic Market: Major Drivers and Challenges
Figure 2: Global: Sports Optic Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Sports Optic Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Sports Optic Market: Breakup by Type (in %), 2021
Figure 5: Global: Sports Optic Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Sports Optic Market: Breakup by Application (in %), 2021
Figure 7: Global: Sports Optic Market: Breakup by Region (in %), 2021
Figure 8: Global: Sports Optic (Telescopes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Sports Optic (Telescopes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Sports Optic (Binoculars) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Sports Optic (Binoculars) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Sports Optic (Rifle Scopes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Sports Optic (Rifle Scopes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Sports Optic (Rangefinders) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Sports Optic (Rangefinders) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Sports Optic (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Sports Optic (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Sports Optic (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Sports Optic (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Sports Optic (Shooting Sports) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Sports Optic (Shooting Sports) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Sports Optic (Golf) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Sports Optic (Golf) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Sports Optic (Water Sports) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Sports Optic (Water Sports) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Sports Optic (Wheel Sports) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Sports Optic (Wheel Sports) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Sports Optic (Snow Sports) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Sports Optic (Snow Sports) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Sports Optic (Horse Racing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Sports Optic (Horse Racing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Sports Optic (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Sports Optic (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Sports Optic Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Sports Optic Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Sports Optic Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Sports Optic Industry: SWOT Analysis
Figure 84: Global: Sports Optic Industry: Value Chain Analysis
Figure 85: Global: Sports Optic Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Sports Optic Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Sports Optic Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Sports Optic Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Sports Optic Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Sports Optic Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Sports Optic Market: Competitive Structure
Table 7: Global: Sports Optic Market: Key Players

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