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Non-military Riflescope Market, Global Outlook and Forecast 2024-2030

Non-military Riflescope Market, Global Outlook and Forecast 2024-2030

  • Published on : 21 November 2024
  • Pages :173
  • Report Code:SMR-8019773

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Report overview

The global Non-military Riflescope market size was valued at US$ 892.4 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 5.5% during the forecast period 2024-2030.
The United States Non-military Riflescope market size was valued at US$ 312.3 million in 2024 and is projected to reach US$ 423.4 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
Non-military Riflescopes are optical sighting devices designed for civilian use in hunting, sports shooting, and recreational applications, featuring various magnification ranges and reticle options.
The global Non-military Riflescope market is experiencing steady growth, driven by hunting and sports shooting activities. In 2023, total unit sales reached 2.8 million, with hunting applications accounting for 60% of demand. The competitive shooting segment is growing at 6.8% annually. The market saw a 20% increase in demand for digital scopes in 2023. Traditional optical scopes dominate with a 75% market share, while smart scopes are growing at 12% annually. North America leads with a 45% market share, while Europe is the fastest-growing region at 6.5% CAGR. The industry is focusing on developing advanced optical technologies, with a 25% growth in R&D investments for enhanced precision and features.
Report Overview Non-Military Riflescope refers to a riflescope designed for civilian or recreational shooting purposes, excluding military or tactical applications. This report provides a deep insight into the global Non-military Riflescope market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc. The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Non-military Riflescope Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market. In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Non-military Riflescope market in any manner. Global Non-military Riflescope Market: Market Segmentation Analysis The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments. Key Company Bushnell Leupold Burris Nikon Schmidt-Bender WALTHER Hawke Optics Nightforce BSA Hensoldt Vortex Optics Barska Aimpoint LEAPERS Tasco Swarovski Weaveroptics Meopta Gamo Millett Zeiss Sightron Simmons Sightmark Norinco Group Sam Electrical Equipments Nantong Universal Optical Instrument Ntans Holosun SIG Market Segmentation (by Type) Telescopic Sight Collimating Optical Sight Reflex Sight Market Segmentation (by Application) Hunting Shooting Sports Geographic Segmentation