The riflescope market is estimated to grow from USD 5.36 Billion in 2016 to USD 6.87 Billion in 2022, at a CAGR of 4.24% during the forecast period. Increasing popularity of shooting sports and animal hunting is expected to drive the riflescope market during the forecast period.
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This report forecasts the riflescope market and its dynamics over the next six years, while also recognizing market application gaps, recent developments in the market, and high potential countries. The objectives of the report are to study the factors influencing the market, map major industry players and competitor landscaping.
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This report forecasts the riflescope market and its dynamics over the next six years, while also recognizing market application gaps, recent developments in the market, and high potential countries. The objectives of the report are to study the factors influencing the market, map major industry players and competitor landscaping.
- Based on sight type, the telescopic segment is projected to lead the riflescope market during the forecast period
- Based on technology, the thermal imaging/infrared segment of the riflescope market is estimated to grow at the highest CAGR during the forecast period
- The Europe riflescope market is expected to grow at the highest CAGR during the forecast period
The major challenge for system manufacturers is high cost. The major players in the riflescope market are Bushnell (U.S.), Leupold & Stevens Inc. (U.S.), and Burris Optics (U.S.). This report provides detailed information and forecasts the riflescope market from 2016 to 2022. The riflescope market has been segmented on the basis of application, sight type, technology, and region.
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On the basis of application, the Armed Forces segment is estimated to grow at the highest CAGR during the forecast period. Based on application, the hunting segment is estimated to lead the riflescope market during the forecast period. On the basis of technology, the riflescope market has been segmented into electro optic, thermal imaging/infrared, and laser. The thermal imaging/infrared segment is projected to grow at the highest CAGR during the forecast period.
Browse 87 market data tables and 30 figures spread through 125 pages and in-depth TOC on "Riflescope Market"
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