Global Thermal Rifle Scope Market Growth 2025-2031

The global Thermal Rifle Scope market size is predicted to grow from US$ 779 million in 2025 to US$ 1093 million in 2031; it is expected to grow at a CAGR of 5.8% from 2025 to 2031.

The thermal rifle scope market is witnessing significant growth due to the increasing adoption of thermal imaging technology in military and defense applications, hunting and sports shooting, and law enforcement activities. The market is expected to continue its upward trajectory in the coming years. The North American region, particularly the United States, is a major market for thermal rifle scopes. The high demand is driven by the presence of a large number of military and law enforcement agencies, as well as a significant hunting and shooting culture.The thermal rifle scope market is highly concentrated, with a few key players dominating the market. These companies have established strong brand recognition, extensive distribution networks, and a wide product portfolio. Some of the major players in the market include FLIR Systems, Inc., ATN Corporation, Pulsar, Trijicon, and Leupold & Stevens, Inc.The market offers opportunities for companies to develop advanced thermal rifle scopes with improved image quality, longer detection ranges, and enhanced durability. Integration of features like wireless connectivity and augmented reality can also open up new avenues for growth.The increasing defense budgets in emerging economies and the rising popularity of hunting and shooting sports in these regions present significant growth opportunities for thermal rifle scope manufacturers. Companies can focus on expanding their presence in these markets through strategic partnerships and collaborations.Thermal rifle scopes are relatively expensive compared to traditional scopes, which can limit their adoption among budget-conscious customers. Manufacturers need to find ways to reduce costs without compromising on quality to make the technology more accessible.Some countries have strict regulations on the use of thermal imaging technology, especially in civilian applications. Compliance with these regulations can pose challenges for manufacturers and limit market growth in certain regions.

LP Information, Inc. (LPI) ' newest research report, the “Thermal Rifle Scope Industry Forecast” looks at past sales and reviews total world Thermal Rifle Scope sales in 2024, providing a comprehensive analysis by region and market sector of projected Thermal Rifle Scope sales for 2025 through 2031. With Thermal Rifle Scope sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Rifle Scope industry.

This Insight Report provides a comprehensive analysis of the global Thermal Rifle Scope landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermal Rifle Scope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermal Rifle Scope market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Rifle Scope and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Rifle Scope.

This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Rifle Scope market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Uncooled Thermal Rifle Scopes
Cooled Thermal Rifle Scopes

Segmentation by Application:
Hunting
Law Enforcement and Military
Home Defense
Sporting Events and Outdoor Activities
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ATN Corp
Pulsar
AGM Global Vision
Sig Sauer
Armasight
PARD-tech
Trijicon
InfiRay
HIKMICRO
FLIR
Burris
Bering Optics
Infratech
GSCI
Steiner
Opgal
L3Harris
Nitevizor
OPTIX
Thermion
Meprolight
Yukon Advanced Optics
EOTech
Luna Optics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thermal Rifle Scope market?

What factors are driving Thermal Rifle Scope market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Thermal Rifle Scope market opportunities vary by end market size?

How does Thermal Rifle Scope break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.