Global Riflescopes Industry Report 2023: Europe, Middle East & Africa (EMEA) Commanded Largest Market Share of 39.63% in 2022 - Forecasts to 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Riflescopes Market by Range, Magnification, Sight Type, Function, Technology, Application - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The market, projected to reach USD 11.83 billion by 2030, shows immense growth potential.

The Global Riflescopes Market is experiencing significant growth, with its market size valued at USD 5.98 billion in 2022 and projected to reach USD 11.83 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 8.88%.

This analysis takes into account data from 2018 to 2021 as historical years, with 2022 serving as the base year, and forecasts from 2024 to 2030. Key factors driving market share include a variety of range options, magnification types, sight types, functions, technologies, and applications.

The market landscape has also been deeply impacted by the Cumulative Impact of COVID-19, Russia-Ukraine Conflict, and High Inflation. The report considers how these macroeconomic factors have disrupted supply chains, altered consumer behavior, and influenced government policies.

It also addresses the impact of political and economic uncertainties in Eastern Europe, especially the Russia-Ukraine Conflict, on aspects like demand-supply balances, price pressures, and trade dynamics. Additionally, the implications of High Inflation on the global economy, including fiscal measures to mitigate its effects on demand and supply, are also discussed.

The FPNV Positioning Matrix is a crucial tool for evaluating the Global Riflescopes Market, providing a nuanced view of vendors based on key metrics such as Business Strategy and Product Satisfaction. The matrix categorizes vendors into four quadrants based on their performance levels: Forefront (F), Pathfinder (P), Niche (N), and Vital (V). This helps users make informed decisions tailored to their specific needs.

For a comprehensive view of the competitive landscape, the Market Share Analysis is indispensable. It compares vendors' contributions to overall revenue, customer base, and other critical factors, offering companies valuable insights into their performance and competition level. The analysis also reveals the competitiveness of the sector in terms of accumulation, fragmentation dominance, and amalgamation trends during the base year studied.

Market Segmentation & Coverage:

• The Long (> 500 yards) commanded largest market share of 63.22% in 2022, followed by Medium (100 to 500 yards).
• The > 15x commanded largest market share of 43.47% in 2022, followed by 8-15x.
• The Telescopic is projected to witness significant market share during forecast period.
• The Night Sights is projected to witness significant market share during forecast period.
• The Electro-optic/Infrared commanded largest market share of 38.16% in 2022, followed by Thermal Imaging.
• The Armed Forces commanded largest market share of 54.14% in 2022, followed by Shooting Sports.
• Europe, Middle East & Africa commanded largest market share of 39.63% in 2022, followed by Americas.

Competitive Portfolio

• Aimpoint AB
• ATN Corporation
• BARSKA
• BSA Optics
• Burris Company
• Bushnell Corporation
• Carl Zeiss AG
• CVLIFE
• Eotech, LLC
• Hawke Optics Limited
• Leapers, Inc.
• Leica Camera AG
• Leupold & Stevens, Inc.
• Nightforce Optics, Inc.
• Schmidt & Bender GmbH & Co. KG
• Sig Sauer, Inc.
• Sightmark
• Steiner by Beretta Holding S.p.A.
• Swarovski-Optik AG & Co. KG
• Teledyne FLIR LLC
• Trijicon, Inc.
• U.S. Optics
• Vanguard World, LLC
• Vertex Optics Inc.
• Vortex Optics
• Zerotech International Pty Ltd.

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Riflescopes Market, by Range, 2022 vs 2030

4.3. Riflescopes Market, by Magnification, 2022 vs 2030

4.4. Riflescopes Market, by Sight Type, 2022 vs 2030

4.5. Riflescopes Market, by Function, 2022 vs 2030

4.6. Riflescopes Market, by Technology, 2022 vs 2030

4.7. Riflescopes Market, by Application, 2022 vs 2030

4.8. Riflescopes Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Growing Popularity For Hunting And Shooting Sports

5.1.1.2. Increasing Terrorism, National Threats and need for Precision Defence Equipment

5.1.1.3. Growth in the Riflescope Availability Through E-Commerce for Recreational Activities

5.1.2. Restraints

5.1.2.1. High Products cost Associated with the Riflescope

5.1.3. Opportunities

5.1.3.1. Technology Advancements in Riflescope for Increase Accuracy or Precision Attack

5.1.3.2. Growing Investments for Advanced Military Equipments

5.1.4. Challenges

5.1.4.1. Technical Complexities of Riflescopes

5.2. Market Trends

5.3. Cumulative Impact of COVID-19

5.4. Cumulative Impact of Russia-Ukraine Conflict

5.5. Cumulative Impact of High Inflation

5.6. Porter's Five Forces Analysis

5.7. Value Chain & Critical Path Analysis

5.8. Regulatory Framework

5.9. Client Customization

5.9.1. Pricing Analysis

6. Riflescopes Market, by Range

6.1. Introduction

6.2. Long (> 500 yards)

6.3. Medium (100 to 500 yards)

6.4. Short (50 to 100 yards)

7. Riflescopes Market, by Magnification

7.1. Introduction

7.2. 1-8x

7.3. 8-15x

7.4. > 15x

8. Riflescopes Market, by Sight Type

8.1. Introduction

8.2. Reflex

8.3. Telescopic

9. Riflescopes Market, by Function

9.1. Introduction

9.2. Day Sights

9.3. Night Sights

10. Riflescopes Market, by Technology

10.1. Introduction

10.2. Electro-optic/Infrared

10.3. Laser

10.4. Thermal Imaging

11. Riflescopes Market, by Application

11.1. Introduction

11.2. Armed Forces

11.3. Hunting

11.4. Shooting Sports

For more information about this report visit https://www.researchandmarkets.com/r/sprt2s

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