Sports Optic Market Demand, Size, Share & Forecast 2032

Sports Optic Market

Sports Optic Market By Product (Binoculars, Rangefinders, Riflescopes, And Telescopes), By Application (Golf, Horse Racing, Shooting Sports, Snow Sports, Water Sports, Wheel Sports, And Others) and By Region: Global Industry Perspective, Comprehensive Analysis, And Forecast, 2024 - 2032

Category: Consumer Goods Report Format : PDF Pages: 240 Report Code: ZMR-4769 Published Date: May-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 2,124.30 Million USD 2,754.40 Million 3.05% 2023

Sports Optic Market: Industry Perspective

The global sports optic market size was worth around USD 2,124.30 million in 2023 and is predicted to grow to around USD 2,754.40 million by 2032 with a compound annual growth rate (CAGR) of roughly 3.05% between 2024 and 2032.

Global Sports Optic Market SizeRequest Free Sample

The report analyzes and forecasts the sports optic market on a global and regional level. The study offers past data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million). The assessment of sports optic market dynamics gives a brief thought about the drivers and restraints of the sports optic market along with their impact on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the sports optics market on a global level.

The report gives a transparent view of the sports optics market. We have included a detailed competitive scenario and portfolio of the leading vendors operating in the sports optic market. To understand the competitive landscape in the sports optic market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Sports Optic MarketRequest Free Sample

The study provides a crucial view of the sports optic market by segmenting it based on product, application, and region. All the segments of the sports optic market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Sports Optic Market: Report Scope

 

Report Attributes Report Details
Report Name Sports Optic Market
Market Size in 2023 USD 2,124.30 Million
Market Forecast in 2032 USD 2,754.40 Million
Growth Rate CAGR of 3.05%
Number of Pages 240
Key Companies Covered Leupold & Stevens, Nikon, Carl Zeiss, Bushnell, Burris, Trijicon, Celestron, Swarovski, Leica Camera, American Technologies Network, Vortex Optics, Hawke, Nightforce Optics, Meopta, Athlon, FLIR Systems, EOTech, SIG Sauer, and others.
Segments Covered By Product, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

 

Sports Optic Market: Regional Analysis

The regional segment comprises the current and forecast demand for North America, Asia Pacific, Latin America, Europe, and Middle East and Africa. 

North America is tipped to retain a significant share of the global sports optic market. This dominance is fueled by the presence of major players like Leupold & Stevens, Trijicon, Bushnell, Burris, and Celestron. An example of this strength is Burris's 2019 partnership with America's Shooting Team, supplying spotting scopes and binoculars.

The Asia Pacific region is emerging as a promising market, driven by the growth of small and medium-sized businesses and developing economies in India and China. Additionally, the increasing number of stadiums and upcoming sporting events like the Asian Games and the World Masters Games are expected to further propel the market growth in Asia Pacific.

Sports Optic Market: Competitive Analysis

The global sports optic market is dominated by players like:

  • Leupold & Stevens
  • Nikon
  • Carl Zeiss
  • Bushnell
  • Burris
  • Trijicon
  • Celestron
  • Swarovski
  • Leica Camera
  • American Technologies Network
  • Vortex Optics
  • Hawke
  • Nightforce Optics
  • Meopta
  • Athlon
  • FLIR Systems
  • EOTech
  • SIG Sauer.

This report segments the global sports optic market into:

By Product Analysis

  • Binoculars
  • Rangefinders
  • Riflescopes
  • Telescopes

By Application Analysis

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

By Regional Analysis

  • North America

    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Sports optics are specialized optical instruments designed to enhance a user's vision in outdoor activities and sports. These tools magnify or improve clarity of distant objects, allowing for better target acquisition, tracking, and overall situational awareness.
 

According to a study, the global sports optic market size was worth around USD 2,124.30 million in 2023 and is expected to reach USD 2,754.40 million by 2032.
 

The global sports optic market is expected to grow at a CAGR of 3.05% during the forecast period.
 

North America is expected to dominate the sports optic market over the forecast period.
 

Leading players in the global sports optic market include Leupold & Stevens, Nikon, Carl Zeiss, Bushnell, Burris, Trijicon, Celestron, Swarovski, Leica Camera, American Technologies Network, Vortex Optics, Hawke, Nightforce Optics, Meopta, Athlon, FLIR Systems, EOTech, and SIG Sauer., among others.
 

The sports optic market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.

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