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The binoculars market is forecasted to grow by USD 172.55 mn during 2023-2028, accelerating at a CAGR of 4.01% during the forecast period. The report on the binoculars market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a rise in the popularity of outdoor recreational activities, growing online sales for binoculars, and increasing use of binoculars for sporting events.
The binoculars market is segmented as below:
By Application
- Military
- Wildlife observation and hunting
- Astronomy
- Others
By Type
- Roof prism binoculars
- Porro prism binoculars
- Galilean binoculars
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the binoculars market covers the following areas:
- Binoculars market sizing
- Binoculars market forecast
- Binoculars market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global binoculars market: American Technologies Network Corp., Barska Optics, BERETTA HOLDING SA, Canon Inc., Carl Zeiss AG, Celestron Acquisition LLC, Eschenbach Optik GmbH, FUJIFILM Corp., Guangzhou Bosma Corp., Jaxy Optical Instrument Co. ltd., Leupold and Stevens Inc., Nikon Corp., Olympus Europa SE and Co. KG, Sony Group Corp., Vista Outdoor Inc., Vortex Optics, Meade Instruments, Opticron, Ricoh Imaging Co. Ltd., Shengzhen China Visionking Optical Technology Co. Ltd., Yukon Advanced Optics Worldwide, and Fabbrica dArmi Pietro Beretta S.p.A..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increased demand for multifunctional binoculars.'
According to the report, one of the major drivers for this market is the rise in popularity of outdoor recreational activities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Technologies Network Corp.
- Barska Optics
- BERETTA HOLDING SA
- Canon Inc.
- Carl Zeiss AG
- Celestron Acquisition LLC
- Eschenbach Optik GmbH
- FUJIFILM Corp.
- Guangzhou Bosma Corp.
- Jaxy Optical Instrument Co. ltd.
- Leupold and Stevens Inc.
- Nikon Corp.
- Olympus Europa SE and Co. KG
- Sony Group Corp.
- Vista Outdoor Inc.
- Vortex Optics
- Meade Instruments
- Opticron
- Ricoh Imaging Co. Ltd.
- Shengzhen China Visionking Optical Technology Co. Ltd.
- Yukon Advanced Optics Worldwide
- Fabbrica dArmi Pietro Beretta S.p.A.