Weapon Scope is a piece of lighted telescopic equipment that's used for different range shooting. The global Weapon Scope market is valued at million US$ in 2021 is expected to reach xx million US$ by the end of 2027, growing at a CAGR of 5.2 % during 2022-2027.
The Weapon Scope is devices with a series of lenses used for magnification and some reticule that indicates where the bullet should impact. The Weapon Scope has various components: the objective, magnifying and ocular lenses, and erector. There are various types of rifle scope mount such as one-piece mount, scope rings, weaver scope mounts, integral mounts, and others. the demand for rifles and advanced scopes increased due to the growing use of these firearms from the armed forces and hunting. It is difficult to get a clear view in low light conditions. Thus, there is increasing demand for night vision scopes from the armed forces. This type of scope provides a wider field view, more natural image, long battery life, and is highly reliable. Night vision scopes will survive the weather as the internal technological structure is less fragile than other technologies.
Top Key players in the Weapon Scope Market have been identified through secondary research, and their market shares have been determined through primary and secondary research.The companies referred in the market research report includes Aimpoint, Leupold & Stevens, Schmidt &Bender, EOTech, Burris, Vortex Optics, Trijicon, Nikon, Night Force, Bushnell, US optics, Kahles, Mueller, Night Optics Usa, Holosun, Tasco, NcSTAR, BSA Optics, Meprolight, Pulsar and others.
Aimpoint Launches the Next Generation of Acro™ Red Dot Sights
May 24, 2021- Aimpoint®, the originator and worldwide leader in reflex sighting technology,
has once again advanced the standard for pistol mounted optics with the release of the next generation Acro™
red dot sights. This second-generation sights incorporate an improved LED emitter coupled with a higher
capacity CR2032 battery to provide five years (50,000 hours) of constant-on power while getting you on target
faster and more accurately.
Weapon Scope Market is segmented based on the type, applications, companies and regions.
By Type, Weapon Scope Market has been segmented into
The end user’s industry application on Weapon Scope Market is,
In 2020, North America dominated the market, with a market value of USD 306.3 million. The largest defence spending, military modernization programmes, a huge number of shooting ranges, and increased procurement of advanced weapons from the US Army are all contributing to the growth. Key players such as LEUPOLD & STEVENS, INC., Trijicon, Inc., U.S. Optics, Hawke Optics, and others are also driving the industry forward in the area. Between 2021 and 2028, Asia Pacific is expected to grow at a rapid pace. The increase is attributable to rising defence spending in emerging economies like China and India. The market is predicted to develop as demand for modern weaponry rises and the number of shooting ranges grows. The Indian Army inked a contract with Sig Sauer Inc. for 72,400 rifles costing Rs 700 crores in 2019.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.2 % over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Aimpoint, Leupold & Stevens, Schmidt &Bender, EOTech, Burris, Vortex Optics, Trijicon, Nikon, Night Force, Bushnell, US optics, Kahles, Mueller, Night Optics Usa, Holosun, Tasco, NcSTAR, BSA Optics, Meprolight, Pulsar |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 123 |
Customization Available | Yes, the report can be customized as per your needs |
• Evaluate Weapon Scope market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
• Get a quick outlook on the Weapon Scope market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
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Who are the key players in Weapon Scope Market?
Aimpoint, Leupold & Stevens, Schmidt &Bender, EOTech, Burris, Vortex Optics, Trijicon, Nikon, Night Force, Bushnell, US optics, Kahles, Mueller, Night Optics Usa, Holosun, Tasco, NcSTAR, BSA Optics, Meprolight, Pulsar
What regions does this Weapon Scope Market report cover?
North America (the 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.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Weapon Scope Market?
Telescopic sight, Collimating optical sight, Reflex sight
What are the major end-use applications of the Weapon Scope Market?
Hunting Military and Law enforcement Other
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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