Sports Optic Market Report by Type (Telescopes, Binoculars, Rifle Scopes, Rangefinders), Distribution Channel (Online, Offline), Application (Shooting Sports, Golf, Water Sports, Wheel Sports, Snow Sports, Horse Racing, and Others), and Region 2024-2032

Sports Optic Market Report by Type (Telescopes, Binoculars, Rifle Scopes, Rangefinders), Distribution Channel (Online, Offline), Application (Shooting Sports, Golf, Water Sports, Wheel Sports, Snow Sports, Horse Racing, and Others), and Region 2024-2032


The global sports optic market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2032, exhibiting a growth rate (CAGR) of 2.62% during 2024-2032.

Sports optics refer to the devices used for magnifying distant objects for improved clarity and enhanced performance. Binoculars, rangefinders, rifle scopes and telescopes are some of the commonly available sports optics that are manufactured using plastic, glass and metallic frames. They are widely used in numerous sports, such as hunting, horse racing, golf, rifle shooting and water and snow sports, to assess the range of the target, improve the viewing experience, collect information and aim accurately. These devices can operate in the visible, ultraviolet (UV) and infrared (IR) range and offer enhanced clarity, portability, sharpness, magnification and dim and night vision functionalities.

Sports Optic Market Trends:
The increasing preference for recreational and sports activities among the masses is one of the key factors driving the growth of the market. Sports optics are widely used in sporting events, such as rifle, target, archery and handgun shooting to ensure precise aiming and accurate shooting over long distances. Additionally, the widespread utilization of telescopic sports optics for water and snow sports to prevent corneal scratches, eye infections, exposure to chemicals and saltwater and improve underwater visibility is favoring the market growth. Moreover, various product innovations, such as the launch of three-dimensional (3D) view optics that provide high-resolution images of distant objects, are providing a thrust to the market growth. In line with this, the introduction of sports optics that assists in measuring the distance, intensifying and illuminating the target in dim and no-light conditions is positively impacting the market growth. Other factors, including the increasing expenditure capacities of the consumers, along with the implementation of various government initiatives to promote sports training among the masses, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sports optic market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, distribution channel and application.

Breakup by Type:
Telescopes
Binoculars
Rifle Scopes
Rangefinders

Breakup by Distribution Channel:

Online
Offline

Breakup by Application:

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

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Technologies Network Corp, Burris Company Inc., Bushnell Inc. (Vista Outdoor Inc.), Carl Zeiss AG, Celestron LLC (Synta Technology Corporation of Taiwan), Karl Kaps GmbH & Co. KG, Leica Camera Aktiengesellschaft, Leupold & Stevens Inc., Meopta - optika s.r.o, Nikon Corporation, Primary Arms L.L.C., Teledyne Flir LLC (Teledyne Technologies Incorporated) and Trijicon Inc.

Key Questions Answered in This Report

1. What was the size of the global sports optic market in 2023?
2. What is the expected growth rate of the global sports optic market during 2024-2032?
3. What are the key factors driving the global sports optic market?
4. What has been the impact of COVID-19 on the global sports optic market?
5. What is the breakup of the global sports optic market based on the type?
6. What is the breakup of the global sports optic market based on the distribution channel?
7. What is the breakup of the global sports optic market based on the application?
8. What are the key regions in the global sports optic market?
9. Who are the key players/companies in the global sports optic market?


1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Sports Optic Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Telescopes
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Binoculars
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Rifle Scopes
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Rangefinders
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Online
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Offline
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Shooting Sports
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Golf
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Water Sports
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Wheel Sports
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Snow Sports
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Horse Racing
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 American Technologies Network Corp
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Burris Company Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Bushnell Inc. (Vista Outdoor Inc.)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Carl Zeiss AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Celestron LLC (Synta Technology Corporation of Taiwan)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Karl Kaps GmbH & Co. KG
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Leica Camera Aktiengesellschaft
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Leupold & Stevens Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Meopta - optika, s.r.o
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Nikon Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Primary Arms L.L.C.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Teledyne Flir LLC (Teledyne Technologies Incorporated)
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 Trijicon Inc.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio

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