Sports Optic Market

Global Sports Optic Market Size, Trends & Analysis - Forecasts to 2029 By Product Type (Telescopes, Binoculars, Rifle Scopes, Rangefinders, and Other Product Types), By Application (Shooting Sports, Golf, Water Sports, Wheel Sports, Snow Sports, Horse Racing, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on July 20 2024 with the latest and most recent market numbers

Global Sports Optic Market Size

The global sports optic market is projected to grow at a CAGR of 3.1% from 2024 to 2029.

The increasing global participation in sports is fueling demand for sports optics such as riflescopes, spotting scopes, binoculars, and telescopic sights. This increase is notably noticeable in activities like bird watching, hunting, and target shooting. As enthusiasts seek better experiences and precision in their undertakings, the market for specialist optical equipment grows, indicating the importance of excellent optics in various recreational and competitive activities.

The sports optics companies are constantly innovating their products to meet changing consumer tastes and technological advancements. Effective marketing methods, such as sports event sponsorships and athlete endorsements, help to raise brand awareness and generate sales growth. For instance, in February 2023, Tifosi Optics launched the Rail XC, the latest addition to its popular Rail series, addressing the needs of individuals with smaller face profiles. This iteration maintains the features of its predecessor, the Rail, such as a rimless design, Grilamid TR-90 frames, and adjustable nose and ear pieces. However, the Rail XC incorporates a shallower lens cut and weighs only 31g, appealing to those seeking a more compact shield-style frame.

Sports optics are being revolutionized by technological advancements such as high-definition lenses, image stabilization, and lightweight materials. These enhancements greatly enhance the performance and usability of optical equipment, meeting the needs of both experts and enthusiasts. High-definition lenses offer greater clarity and precision, while picture stabilization ensures consistent viewing experiences, mainly during motion or long-distance observation. Additionally, the choice of lightweight materials improves portability while maintaining durability. These technical advancements attract a larger audience, resulting in market growth as consumers seek cutting-edge devices with greater functionality and user experience in a variety of sporting and recreational activities.

The growing popularity of outdoor recreational activities such as camping, hiking, and wildlife viewing drives demand for sports optics. Consumers seek high-quality optical devices to increase their outdoor experiences and improve wildlife observation. This trend drives market expansion as consumers choose goods with higher clarity, durability, and performance in outdoor conditions. As outdoor enthusiasts strive to immerse themselves in nature and discover their surroundings, the need for sports optics grows, propelling the market forward.

However, some consumers may find modern sports optics technology, such as high-definition lenses and image stabilization systems, prohibitively expensive, limiting market penetration, particularly in nations with limited disposable incomes.

global sports optic market

Global Sports Optic Market: By Product

The binocular segment is expected to hold the largest share of the market during the forecast period. The segment's growth is due to its versatility in various outdoor activities such as animal observation, bird watching, and sporting events. Binoculars allow users to see distant things with more clarity and detail, making them essential equipment for both professionals and enthusiasts.

The rifle scopes segment is expected to be the fastest-growing segment in the market from 2024 to 2029. This growth is propelled by increasing participation in hunting and shooting sports worldwide and advancements in rifle sight technology, such as improved magnification, reticle designs, and durability. Furthermore, the increased need for precision and accuracy in gun usage drives rifle scope adoption, resulting in segment growth.

Global Sports Optic Market: By Application

The snow sports segment is anticipated to be the fastest-growing segment in the market from 2024 to 2029. The expected growth of the segment is due to the growing popularity of snowboarding, skiing, and other winter sports, driving demand for specialized sports optics like goggles and sunglasses that provide better clarity and visibility in snowy circumstances. Furthermore, technological improvements, such as anti-fog coatings and interchangeable lenses, improve the performance and usability of sports optics for winter sports enthusiasts, driving market growth.

The shooting sports segment is expected to hold the largest share of the market over the forecast period. Shooting sports involve a wide range of activities, such as target shooting, competitive shooting, and hunting, which attract a diversified and dedicated participant base. Furthermore, the precision and accuracy required in shooting sports necessitate the use of high-quality optics such as riflescopes and red dot sights, which increases demand in this market. Additionally, advances in optical technology continue to improve the performance and appeal of sports optics for shooting enthusiasts, contributing to the segment's growth.

asia pacific sports optic market

Global Sports Optic Market: By Region

North America is expected to be the largest region in the market. The primary reasons boosting the market growth in this region include high rates of engagement in outdoor activities such as hunting, shooting sports, and wildlife observation. For instance, Winnebago Industries released insights regarding outdoor industry trends and consumer behavior from its third annual spotlight survey. In 2022, 82% of Americans reported engaging in outdoor pursuits like camping, hiking, boating, or visiting state and national parks, marking a notable rise from 60% in 2020 and 79% in 2021.

Furthermore, the region has a large consumer base with great purchasing power, which fuels demand for premium sports optical products. Additionally, technological improvements and a strong outdoor recreation culture contribute to North America's dominance in the sports optic market.

Asia Pacific is predicted to witness rapid growth during the forecast period. The regional market growth is attributed to rising disposable incomes, urbanization, and an increased interest in outdoor leisure activities. Rising participation in sports such as hiking, camping, and wildlife observation, combined with the region's largely untapped market potential, contributes to the expansion of the sports optics industry. Furthermore, technological developments and the expansion of e-commerce platforms are likely to drive market penetration in the Asia Pacific region.

Global Sports Optic Market Share and Competitor Analysis

Nikon Corporation, Carl Zeiss AG, Bushnell Corporation (Vista Outdoor), Trijicon Inc, Swarovski Optik, Celestron, LLC, Burris Optics, Vortex Optics, Leica Camera AG, and Karl Kaps GmbH & Co. KG., among others, are some of the key players operating in the global sports optic market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Sports Optic Market: Recent Developments

In January 2023, ZEISS introduced the ZEISS SFL 40, expanding its SF line of binoculars with exceptional optical performance, low weight, and a compact design. Available in 8x40 and 10x40 models, the SFL series offers a comfortable viewing experience for hunters, thanks to its lightweight magnesium housing and ergonomic design. Featuring an ultra-high-definition (UHD) concept, the binoculars deliver sharp detail and natural color fidelity, making them ideal for observing games in various lighting conditions. The SmartFocus system ensures intuitive operation, while the LotuTec coating ensures clear visibility even in adverse weather.

In January 2024, Swarovski Optik collaborated with industrial designer Marc Newson to create the Swarovski Optik AX Visio smart binoculars. Developed over five years, these binoculars feature a precision 10x32 optic system and 390 hardware parts. They include a wildlife-focused AI system identifying over 9,000 birds and other animals. Additionally, they boast a built-in camera for photography and videography, with content-sharing capabilities via a smartphone app.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL SPORTS OPTIC MARKET, BY PRODUCT TYPE

4.1   Introduction

4.2   Sports Optic Market: Product Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Telescopes

4.4.1        Telescopes Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Binoculars

4.5.1        Binoculars Market Estimates and Forecast, 2021-2029 (USD Million)

4.6   Rifle Scopes

4.6.1        Rifle Scopes Market Estimates and Forecast, 2021-2029 (USD Million)

4.7   Rangefinders

4.7.1        Rangefinders Market Estimates and Forecast, 2021-2029 (USD Million)

4.8   Other Product Types

4.8.1        Other Product Types Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL SPORTS OPTIC MARKET, BY APPLICATION

5.1   Introduction

5.2   Sports Optic Market: Application Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Shooting Sports

5.4.1        Shooting Sports Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Golf

5.5.1        Golf Market Estimates and Forecast, 2021-2029 (USD Million)

5.6   Water Sports

5.6.1        Water Sports Market Estimates and Forecast, 2021-2029 (USD Million)

5.7   Wheel Sports

5.7.1        Wheel Sports Market Estimates and Forecast, 2021-2029 (USD Million)

5.8   Snow Sports

5.8.1        Snow Sports Market Estimates and Forecast, 2021-2029 (USD Million)

5.9   Horse Racing

5.9.1        Horse Racing Market Estimates and Forecast, 2021-2029 (USD Million)

5.10 Others

5.10.1      Others Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL SPORTS OPTIC MARKET, BY REGION

6.1   Introduction

6.2   North America Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.1        By Product Type

6.2.2        By Application

6.2.3        By Country

6.2.3.1     U.S. Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.1.1        By Product Type

6.2.3.1.2        By Application

6.2.3.2     Canada Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.2.1        By Product Type

6.2.3.2.2        By Application

6.2.3.3     Mexico Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.3.1        By Product Type

6.2.3.3.2        By Application

6.3   Europe Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.1        By Product Type

6.3.2        By Application

6.3.3        By Country

6.3.3.1     Germany Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.1.1        By Product Type

6.3.3.1.2        By Application

6.3.3.2     U.K. Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.2.1        By Product Type

6.3.3.2.2        By Application

6.3.3.3     France Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.3.1        By Product Type

6.3.3.3.2        By Application

6.3.3.4     Italy Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.4.1        By Product Type

6.3.3.4.2        By Application

6.3.3.5     Spain Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.5.1        By Product Type

6.3.3.5.2        By Application

6.3.3.6     Netherlands Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Product Type

6.3.3.6.2        By Application

6.3.3.7     Rest of Europe Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Product Type

6.3.3.6.2        By Application

6.4   Asia Pacific Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.1        By Product Type

6.4.2        By Application

6.4.3        By Country

6.4.3.1     China Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.1.1        By Product Type

6.4.3.1.2        By Application

6.4.3.2     Japan Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.2.1        By Product Type

6.4.3.2.2        By Application

6.4.3.3     India Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.3.1        By Product Type

6.4.3.3.2        By Application

6.4.3.4     South Korea Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.4.1        By Product Type

6.4.3.4.2        By Application

6.4.3.5     Singapore Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.5.1        By Product Type

6.4.3.5.2        By Application

6.4.3.6     Malaysia Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Product Type

6.4.3.6.2        By Application

6.4.3.7     Thailand Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Product Type

6.4.3.6.2        By Application

6.4.3.8     Indonesia Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.7.1        By Product Type

6.4.3.7.2        By Application

6.4.3.9     Vietnam Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.8.1        By Product Type

6.4.3.8.2        By Application

6.4.3.10  Taiwan Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.10.1 By Product Type

6.4.3.10.2 By Application

6.4.3.11  Rest of Asia Pacific Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.11.1 By Product Type

6.4.3.11.2 By Application

6.5   Middle East and Africa Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.1        By Product Type

6.5.2        By Application

6.5.3        By Country

6.5.3.1     Saudi Arabia Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.1.1        By Product Type

6.5.3.1.2        By Application

6.5.3.2     U.A.E. Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.2.1        By Product Type

6.5.3.2.2        By Application

6.5.3.3     Israel Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.3.1        By Product Type

6.5.3.3.2        By Application

6.5.3.4     South Africa Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.4.1        By Product Type

6.5.3.4.2        By Application

6.5.3.5     Rest of Middle East and Africa Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.5.1        By Product Type

6.5.3.5.2        By Application

6.6   Central and South America Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.1        By Product Type

6.6.2        By Application

6.6.3        By Country

6.6.3.1     Brazil Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.1.1        By Product Type

6.6.3.1.2        By Application

6.6.3.2     Argentina Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.2.1        By Product Type

6.6.3.2.2        By Application

6.6.3.3     Chile Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Product Type

6.6.3.3.2        By Application

6.6.3.3     Rest of Central and South America Sports Optic Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Product Type

6.6.3.3.2        By Application

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        Nikon Corporation

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Carl Zeiss AG

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Bushnell Corporation (Vista Outdoor)

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Trijicon Inc

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        Swarovski Optik

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        Burris Optics

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Celestron, LLC  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        Vortex Optics

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        Leica Camera AG

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Karl Kaps GmbH & Co. KG.

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

2 Telescopes Market, By Region, 2021-2029 (USD Mllion)      

3 Binoculars Market, By Region, 2021-2029 (USD Mllion)     

4 Rangefinders Market, By Region, 2021-2029 (USD Mllion)

5 Rifle Scopes Market, By Region, 2021-2029 (USD Mllion)   

6 Other Product Types Market, By Region, 2021-2029 (USD Mllion) 

7 Global Sports Optic Market, By Application, 2021-2029 (USD Mllion)       

8 Shooting Sports Market, By Region, 2021-2029 (USD Mllion)         

9 Golf Market, By Region, 2021-2029 (USD Mllion)

10 Water Sports Market, By Region, 2021-2029 (USD Mllion)

11 Wheel Sports Market, By Region, 2021-2029 (USD Mllion)

12 Snow Sports Market, By Region, 2021-2029 (USD Mllion)

13 Horse Racing Market, By Region, 2021-2029 (USD Mllion)

14 OtherS Market, By Region, 2021-2029 (USD Mllion)

15 Regional Analysis, 2021-2029 (USD Mllion)

16 North America Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

17 North America Sports Optic Market, By Application, 2021-2029 (USD Mllion)

18 North America Sports Optic Market, By COUNTRY, 2021-2029 (USD Mllion)

19 U.S. Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

20 U.S. Sports Optic Market, By Application, 2021-2029 (USD Mllion)

21 Canada Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)   

22 Canada Sports Optic Market, By Application, 2021-2029 (USD Mllion)      

23 Mexico Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

24 Mexico Sports Optic Market, By Application, 2021-2029 (USD Mllion)       

25 Europe Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)   

26 Europe Sports Optic Market, By Application, 2021-2029 (USD Mllion)      

27 Europe Sports Optic Market, By Country, 2021-2029 (USD Mllion)              

28 Germany Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

29 Germany Sports Optic Market, By Application, 2021-2029 (USD Mllion)   

30 U.K. Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

31 U.K. Sports Optic Market, By Application, 2021-2029 (USD Mllion)

32 France Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

33 France Sports Optic Market, By Application, 2021-2029 (USD Mllion)       

34 Italy Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

35 Italy Sports Optic Market, By Application, 2021-2029 (USD Mllion)

36 Spain Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

37 Spain Sports Optic Market, By Application, 2021-2029 (USD Mllion)          

38 Netherlands Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

39 Netherlands Sports Optic Market, By Application, 2021-2029 (USD Mllion)

40 Rest Of Europe Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

41 Rest Of Europe Sports Optic Market, By Application, 2021-2029 (USD Mllion)

42 Asia Pacific Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

43 Asia Pacific Sports Optic Market, By Application, 2021-2029 (USD Mllion)

44 Asia Pacific Sports Optic Market, By Country, 2021-2029 (USD Mllion)

45 China Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

46 China Sports Optic Market, By Application, 2021-2029 (USD Mllion)          

47 Japan Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

48 Japan Sports Optic Market, By Application, 2021-2029 (USD Mllion)          

49 India Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

50 India Sports Optic Market, By Application, 2021-2029 (USD Mllion)            

51 South Korea Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

52 South Korea Sports Optic Market, By Application, 2021-2029 (USD Mllion)

53 Singapore Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

54 Singapore Sports Optic Market, By Application, 2021-2029 (USD Mllion)

55 Thailand Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

56 Thailand Sports Optic Market, By Application, 2021-2029 (USD Mllion)   

57 Malaysia Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

58 Malaysia Sports Optic Market, By Application, 2021-2029 (USD Mllion)   

59 Indonesia Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

60 Indonesia Sports Optic Market, By Application, 2021-2029 (USD Mllion)

61 Vietnam Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)  

62 Vietnam Sports Optic Market, By Application, 2021-2029 (USD Mllion)     

63 Taiwan Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)    

64 Taiwan Sports Optic Market, By Application, 2021-2029 (USD Mllion)       

65 Rest of APAC Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

66 Rest of APAC Sports Optic Market, By Application, 2021-2029 (USD Mllion)           

67 Middle East and Africa Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

68 Middle East and Africa Sports Optic Market, By Application, 2021-2029 (USD Mllion)   

69 Middle East and Africa Sports Optic Market, By Country, 2021-2029 (USD Mllion)

70 Saudi Arabia Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

71 Saudi Arabia Sports Optic Market, By Application, 2021-2029 (USD Mllion)

72 UAE Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

73 UAE Sports Optic Market, By Application, 2021-2029 (USD Mllion)

74 Israel Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

75 Israel Sports Optic Market, By Application, 2021-2029 (USD Mllion)         

76 South Africa Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

77 South Africa Sports Optic Market, By Application, 2021-2029 (USD Mllion)

78 Rest Of Middle East and Africa Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)       

79 Rest Of Middle East and Africa Sports Optic Market, By Application, 2021-2029 (USD Mllion)  

80 Central and  South America Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)     

81 Central and South America Sports Optic Market, By Application, 2021-2029 (USD Mllion)         

82 Central and South America Sports Optic Market, By Country, 2021-2029 (USD Mllion)

83 Brazil Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

84 Brazil Sports Optic Market, By Application, 2021-2029 (USD Mllion)         

85 Chile Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

86 Chile Sports Optic Market, By Application, 2021-2029 (USD Mllion)           

87 Argentina Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)

88 Argentina Sports Optic Market, By Application, 2021-2029 (USD Mllion)

89 Rest Of Central and South America Sports Optic Market, By Product Type, 2021-2029 (USD Mllion)       

90 Rest Of Central and South America Sports Optic Market, By Application, 2021-2029 (USD Mllion)       

91 Nikon Corporation: Products & Services Offering              

92 Carl Zeiss AG: Products & Services Offering           

93 Bushnell Corporation (Vista Outdoor): Products & Services Offering  

94 Trijicon Inc: Products & Services Offering               

95 Swarovski Optik: Products & Services Offering    

96 BURRIS OPTICS: Products & Services Offering          

97 Celestron, LLC : Products & Services Offering       

98 Vortex Optics: Products & Services Offering          

99 Leica Camera AG, Inc: Products & Services Offering           

100 Karl Kaps GmbH & Co. KG.: Products & Services Offering 

101 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Sports Optic Market Overview

2 Global Sports Optic Market Value From 2021-2029 (USD Mllion)

3 Global Sports Optic Market Share, By Product Type (2023)

4 Global Sports Optic Market Share, By Application (2023)

5 Global Sports Optic Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Sports Optic Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Sports Optic Market

10 Impact Of Challenges On The Global Sports Optic Market

11 Porter’s Five Forces Analysis

12 Global Sports Optic Market: By Product Type Scope Key Takeaways

13 Global Sports Optic Market, By Product Type Segment: Revenue Growth Analysis

14 Telescopes Market, By Region, 2021-2029 (USD Mllion)

15 Binoculars Market, By Region, 2021-2029 (USD Mllion)         

16 RangefindersMarket, By Region, 2021-2029 (USD Mllion)

17 Rifle Scopes Market, By Region, 2021-2029 (USD Mllion)     

18 Other Product Types Market, By Region, 2021-2029 (USD Mllion)   

19 Global Sports Optic Market: By Application Scope Key Takeaways

20 Global Sports Optic Market, By Application Segment: Revenue Growth Analysis

21 Shooting Sports Market, By Region, 2021-2029 (USD Mllion)

22 Golf Market, By Region, 2021-2029 (USD Mllion)

23 Water Sports Market, By Region, 2021-2029 (USD Mllion)

24 Wheel Sports Market, By Region, 2021-2029 (USD Mllion)

25 Snow Sports Market, By Region, 2021-2029 (USD Mllion)

26 Horse Racing Market, By Region, 2021-2029 (USD Mllion)

27 Others Market, By Region, 2021-2029 (USD Mllion)

28 Regional Segment: Revenue Growth Analysis

29 Global Sports Optic Market: Regional Analysis

30 North America Sports Optic Market Overview

31 North America Sports Optic Market, By Product Type

32 North America Sports Optic Market, By Application

33 North America Sports Optic Market, By Country

34 U.S. Sports Optic Market, By Product Type

35 U.S. Sports Optic Market, By Application

36 Canada Sports Optic Market, By Product Type

37 Canada Sports Optic Market, By Application

38 Mexico Sports Optic Market, By Product Type

39 Mexico Sports Optic Market, By Application

40 Four Quadrant Positioning Matrix

41 Company Market Share Analysis

42 Nikon Corporation: Company Snapshot

43 Nikon Corporation: SWOT Analysis

44 Nikon Corporation: Geographic Presence

45 Carl Zeiss AG: Company Snapshot

46 Carl Zeiss AG: SWOT Analysis

47 Carl Zeiss AG: Geographic Presence

48 Bushnell Corporation (Vista Outdoor): Company Snapshot

49 Bushnell Corporation (Vista Outdoor): SWOT Analysis

50 Bushnell Corporation (Vista Outdoor): Geographic Presence

51 Trijicon Inc: Company Snapshot

52 Trijicon Inc: Swot Analysis

53 Trijicon Inc: Geographic Presence

54 Swarovski Optik: Company Snapshot

55 Swarovski Optik: SWOT Analysis

56 Swarovski Optik: Geographic Presence

57 Burris Optics: Company Snapshot

58 Burris Optics: SWOT Analysis

59 Burris Optics: Geographic Presence

60 Celestron, LLC : Company Snapshot

61 Celestron, LLC : SWOT Analysis

62 Celestron, LLC : Geographic Presence

63 Vortex Optics: Company Snapshot

64 Vortex Optics: SWOT Analysis

65 Vortex Optics: Geographic Presence

66 Leica Camera AG, Inc.: Company Snapshot

67 Leica Camera AG, Inc.: SWOT Analysis

68 Leica Camera AG, Inc.: Geographic Presence

69 Karl Kaps GmbH & Co. KG.: Company Snapshot

70 Karl Kaps GmbH & Co. KG.: SWOT Analysis

71 Karl Kaps GmbH & Co. KG.: Geographic Presence

72 Other Companies: Company Snapshot

73 Other Companies: SWOT Analysis

74 Other Companies: Geographic Presence

The Global Sports Optic Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Sports Optic Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Sports Optic Market.

Sports Optic Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Sports Optic Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Sports Optic Market Share

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Frequently Asked Questions

The global sports optic market is projected to grow at a CAGR of 3.1% from 2024 to 2029.
Nikon Corporation, Carl Zeiss AG, Bushnell Corporation (Vista Outdoor), Trijicon Inc, Swarovski Optik, Celestron, LLC, Burris Optics, Vortex Optics, Leica Camera AG, and Karl Kaps GmbH & Co. KG., among others, are some of the key players operating in the global sports optic market.
The global sports optic market presents opportunities driven by technological advancements, including augmented reality (AR) and virtual reality (VR) integration, catering to immersive experiences for sports enthusiasts. Additionally, the growing trend of outdoor recreational activities fuels demand for high-quality optics, such as binoculars and scopes, enhancing viewing experiences.
The increasing participation in outdoor activities like hunting and shooting sports, rising demand for high-quality optics in sports like golf and cycling, and growing interest in wildlife observation among enthusiasts worldwide are the major drivers for global sports optic market growth.

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