Firearm Sight Market Report 2025

The firearm sight market size has grown steadily in recent years. It will grow from $1.61 billion in 2024 to $1.68 billion in 2025 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to military and defense sector demand, civilian market expansion, influence of law enforcement needs, development of night vision sights.

The firearm sight market size is expected to see steady growth in the next few years. It will grow to $2.04 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to rapid development of reflex sights, customization and modular systems, advancements in materials and construction, rise in terrorism. Major trends in the forecast period include smart optical enhancements, customizable and modular systems, user-friendly controls and interfaces, advancement in training functionalities, wireless connectivity and integration.

The increasing military expenditure is anticipated to drive the growth of the firearm sight market in the future. Military expenditure refers to the funds that a nation allocates for military measures or resources. These expenditures are directed toward acquiring new systems, upgrading existing ones, and conducting research, development, testing, and evaluation of new systems, all of which can stimulate market growth. For instance, in April 2024, the Ministry of Defence, a UK-based government department responsible for the nation's defense, reported that defense spending rose from $68.63 billion in 2022/23 to $70.45 billion in 2023/24. Consequently, the rise in defense spending is propelling the growth of the firearm sight market.

The projected increase in demand for firearms is expected to drive the growth of the firearm sight market in the future. Firearms, as portable barreled weapons designed to expel projectiles, have seen a surge in demand. Firearm sights, serving as aiming devices, play a crucial role in assisting shooters to align their firearm with precision for enhanced accuracy. For example, in January 2022, data from The Trace, a US-based non-profit journalism outlet focused on gun-related news, indicated a significant increase in firearm purchases. Americans acquired 18.9 million guns in 2021, with the year-end figure reaching 21.8 million firearms. This uptick in firearm demand is a key factor propelling the growth of the firearm sight market.

Leading companies in the firearm market are increasingly dedicated to developing advanced products, such as innovative pistols, to cater to the needs of both recreational shooters and professionals. Innovative pistols refer to firearms that utilize state-of-the-art design and technology to improve performance, reliability, and user experience. For example, in October 2024, Heckler & Koch USA, a US-based firearms manufacturer, launched the all-new CC9 pistol. This new CC9 pistol features an optics-ready design with a direct mount for red dot sights, which enhances target acquisition for users. It comes equipped with a tritium front sight and a blacked-out rear sight, ensuring excellent visibility in various lighting conditions. This micro-compact firearm blends advanced ergonomics and modularity, making it ideal for concealed carry and everyday use while maintaining reliability through rigorous testing standards.

Major companies in the firearm sight market are actively engaged in the development of innovative products to solidify their positions. As an example, in July 2023, American Technologies Network, Corp. (ATN), a US-based leader in the tech optics industry and a manufacturer of high-end night vision devices, introduced the Next Generation ThOR 5 XD and 5 XD LRF Series Smart HD Thermal Rifle Scopes. These advanced thermal rifle scopes feature a first-to-market 1280x1024, 60Hz 12-micron ultra-sensitive HD thermal sensor, enhancing the experience for hunting enthusiasts in the field. The ThOR 5 boasts a faster quad-core processor, enabling users to record and stream video simultaneously, and its more compact design contributes to a more convenient usage experience. Additionally, ATN provides customers with the ability to create personalized reticles using their online reticle editor, allowing customization of colors, intensities, and shapes in the fifth-generation product line. This exemplifies the industry's commitment to introducing cutting-edge products to meet the evolving needs of users.

In January 2022, EOTech Inc., a US-based company specializing in the manufacturing of electro-optic and night vision products and solutions, successfully acquired Intevac Photonics for an undisclosed amount. This strategic acquisition brought together the combined resources of both companies, enhancing their ability to serve the US military. The collaboration aimed to facilitate the development of new product lines and access to broader markets. Intevac Photonics, the acquired company, is a leader in the field of night vision optic technologies designed for military applications.

Major companies operating in the firearm sight market include Nikon Sport Optics, Lucid Optics, SIG Sauer, Swarovski Optik KG., Leupold & Stevens Inc., Burris Company Inc., Vortex Optics, Bushnell Inc., Sellmark Corporation., Trijicon Inc, Meopta USA Inc, EOTech Inc., Meprolight, Crimson Trace Corporation, Primary Arms LLC, Leapers Inc., KAHLES Gesellschaft M.b.H., Steiner EOptics Inc, Holosun Technologies Inc, TruGlo Inc, Athlon Optics, Lightforce USA Incorporated., High Speed Gear, Aimpoint AB, NcSTAR Inc., DI Optical, Swampfox Optics, Delta Optical Thin Film A/S., Command Arms Accessories LLC, Black Spider LLC, Trijicon Electro Optics, Birmingham Small Arms Company Limited., Firefield, Docter Optics SE., Pulsar.

North America was the largest region in the firearm sight market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the firearm sight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the firearm sight market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A firearm sight is an optical device attached to a gun to aid in aiming, helping align the muzzle with the shooter's eye.

The main types of firearm sights include full-size, microdots, and mini reflexes. A full-size firearm sight is characterized by the visibility of the entire front of the gun in the rear sight. These sights find applications in ground-based, air-based, and sea-based platforms, serving diverse purposes such as hunting and military use.

The firearm sight market research report is one of a series of new reports that provides firearm sight market statistics, including firearm sights industry global market size, regional shares, competitors with a firearm sight market share, detailed firearm sight market segments, market trends, and opportunities, and any further data you may need to thrive in the firearm sights industry. This firearm sight market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The firearm sight market consists of sales of reflector sight, iron sight, globe sight, and telescopic sight. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. This market is segmented into reflector sight, iron sight, globe sight, and other sights.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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