Press release
Global Telescope Market to Witness a Pronounce Growth During 2023
A telescope is an instrument that aids in the observation of remote objects by collecting electromagnetic radiation. In this report, we mainly research on the market of astronomical telescope industry. Astronomical telescope consists of two convex lenses: objective and eye piece. The objective is a convex lens of large focal length and large aperture. It usually made of two convex lenses in contact with each other to reduce the chromatic and spherical aberrations. The eye piece is also a convex lens. Its focal length is smaller than that of objective. It is also a combination of two lenses.
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Global Telescope Market: Forecast by Type / Application / Region
Demand for telescope is mainly driven by the development of astronomical research and hobby increasing of scope. Increase on economic investment on astronomical research and the national consumption capacity, as well as the national policies on astronomical education are the main growth catalysts for the market of telescope.
As to the product types and applications of telescope, refracting telescope and reflector telescope are main types and entry-level telescope account for about 90% of the total market.
Over the next five years, LPI(LP Information) projects that Telescope will register a 2.1% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 150 million in 2017.
Global Telescope Market: Key Players
Celestron
Meade
Vixen Optics
TAKAHASHI
ASTRO-PHYSICS
Bushnell
Bresser
ORION
Barska
Sky Watcher
Bosma
SharpStar
Visionking
TianLang
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Related Information:
United States Telescope Market Research Report 2018
Europe Telescope Market Research Report 2018
North America Telescope Market Research Report 2018
Asia-Pacific Telescope Market Research Report 2018
China Telescope Market Research Report 2018
EMEA Telescope Market Research Report 2018
Global Telescope Market Research Report 2018
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