Tuesday 2 May 2017

Attractive Opportunities in the Riflescope Market, 2016-2022

The report "Riflescope Market by Sight Type (Telescopic Sight, Reflex Sight), Technology (Electro Optic, Thermal Imaging/ Infrared, Laser ), Application (Hunting, Armed Forces, Shooting Sports), and Region - Global Forecast to 2022", 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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The market size estimations for various segments and subsegments of the riflescope market were arrived at through extensive secondary research and government sources such as company website, corporate filings such as annual reports, investor presentations, and financial statements, and trade, business, and professional associations, among others. orroboration with primaries and further market triangulation with the help of statistical techniques using econometric tools were carried out.

All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

The ecosystem of the market comprises manufacturers, raw material suppliers, distributors, and end users. The key end users of the market are civilians and Armed Forces. Key manufacturers in the riflescope market are Bushnell Optics (U.S.), Leupold & Stevens (U.S.), Burris Optics (U.S.), Vortex Optics (U.S.), and Nikon Optics (U.S.).

“This study answers several questions for stakeholders, primarily, which segments to focus on over the next six years for prioritizing efforts and investments.”

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