Report overview
The global Military Riflescope market size was valued at US$ 1.67 billion in 2024 and is projected to reach US$ 2.45 billion by 2030, at a CAGR of 6.6% during the forecast period 2024-2030.
The United States Military Riflescope market size was valued at US$ 567.8 million in 2024 and is projected to reach US$ 812.4 million by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.
Military Riflescopes are advanced optical sighting devices specifically designed for military and tactical applications, featuring enhanced durability, night vision capabilities, and advanced targeting systems.
The global Military Riflescope market is experiencing strong growth, driven by defense modernization programs and tactical requirements. In 2023, total unit sales reached 850,000, with combat rifles accounting for 55% of demand. The sniper applications segment is growing at 7.5% annually. The market saw a 25% increase in demand for digital thermal scopes in 2023. Advanced optical scopes dominate with a 65% market share, while smart tactical scopes are growing at 15% annually. North America leads with a 40% market share, while Asia Pacific is the fastest-growing region at 7.8% CAGR. The industry is focusing on developing AI-enhanced targeting systems, with a 30% growth in R&D investments.
Report Overview
Military Riflescope has unique features which provide a positive and repeatable return to your zero from any elevation adjustment.
This report provides a deep insight into the global 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 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 Military Riflescope market in any manner.
Global 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)
Anti-materiel Rifle
Sniper Rifle
Geographic Segmentation
