Global Riflescope Market: Share, Industry Size, Growth, Opportunities and Forecast to 2018-2024
February 9, 2019
Bharat Book Bureau Provides the Trending Market Research Report on “Global Riflescope Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Riflescope Market to reach USD 6.4 billion in 2018 to USD 10.4 billion by 2024, at a CAGR of 7.24% during the forecast period from 2018 to 2024.
Global Riflescope Market, also known as optical sight, is has unique features which provide a positive and repeatable return to your zero from any elevation adjustment. It is widely used for hunting, shooting sports, armed forces, etc.
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https://www.bharatbook.com/marketreports/Sample/Reports/1361795Scope of the Report:
In 2016, the world sales volume of riflescope reached to 9099 K Units. Globally, riflescope producers are concentrated in USA, Japan and Germany. Leading players in riflescope industry are Bushnell, Leupold, Burris, Nikon and Schmidt-Bender.
Riflescope is a fragmented industry with a variety of manufacturers ranging from large multinational corporations to small privately owned companies. The top three producers account for 18.36% of the market in terms of revenue. Most companies involved in this industry are professional manufacturers of riflescope and binocular with no other major products, while some players are well known lens producers that supply high-quality products, such as Nikon and Zeiss.
The riflescope is driven by several factors, among which the most crucial ones are hunting, shooting sports and armed forces. Hunting is the major application of riflescope, which accounted for 24.4%. of world riflescope consumption in 2016 in terms of volume. Shooting sports and hunting have emerging to be a fast-growing market of riflescope in developed countries.
The worldwide market for Riflescope is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 5490 million US$ in 2024, from 3800 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Riflescope in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers:
SAM ELECTRICAL EQUIPMENTS
Nantong Universal Optical Instrument
Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers:
Collimating Optical Sight
Market Segment by Applications, can be divided into:
Browse our full report with Table of Contents :
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