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Red Dot Sight Market Emerging Trends 2020 | Growth by Top Companies: Bushnell, Aimpoint, Black Spider LLC, Burris, Optics, Vortex Optics, etc.

03-16-2020 11:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Reports and Data

Red Dot Sight Market

Red Dot Sight Market

The global red dot sight market is expected to reach USD 76.3 Million by 2026, according to a new report by Reports and Data. It is a small electronic sight system that projects a red dot-shaped on the target for accuracy. These are considered to be fast acquisition and easy to use for gun shooting, especially for beginners.

Key participants include Bushnell, Aimpoint, Black Spider LLC, Burris, Optics, Vortex Optics, Command Arms, DI Opticals, EOTech and High-Speed Gear among others.

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The application of it is not only limited to firearms. They are used for hunting, in telescope and cameras as well. On cameras they are used to photograph flying aircraft, birds in flight, and other distant, quickly moving subjects. Telescopes have a narrow field of view and therefore are often equipped with a secondary "finder scope" such as a red dot sight. This is also a rage in the gaming world. With the introduction of 3D video games, red dot has become quite popular. Another growing craze is a paintball game where they are used. The market has quite a scope in the coming years.

For the purpose of this report, Reports and Data have segmented global red dot sight market on the basis of type, categories, reticles, application, and region:

Type Outlook (Revenue, USD Million; 2018-2026)
o Full Size
o Microdots
o Mini Reflex

Categories Outlook (Revenue, USD Million; 2018-2026)
o Tube Design
o Open Design

Reticles Outlook (Revenue, USD Million; 2018-2026)
o 0.6 mil
o 0.8 mil
o 1.0 mil
o 1.2 mil
o 1.6 mil
o 1.8 mil
o Others

Application Outlook (Revenue, USD Million; 2018-2026)
o Armed Forces
o Hunting
o Video Games
o Telescopes
o Cameras
o Paintball

Regional Outlook (Revenue in USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)

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North America dominates the market for a red dot sight. Its usage in North America is more owing to the high purchasing power of the people and firearms policy in the U.S. APAC will have a higher growth rate in the coming years owing to the rise in camera and telescopic market and also the gaming consoles.

Reasons to buy this market intelligence report:
1. Detailed market evaluation both at regional and global levels.
2. Significant changes in market scenario, along with an extensive competitive analysis
3. Classification of the industry based on product type, application, and region
4. Market segments segregated on the basis of type, application, and geography
5. Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales
6. Investigation of significant developments in the market dynamics
7. Market segments and regions

Further key findings from the report suggest
o The red dot sight is commonly used in firearms and for hunting. Defense uses it to train beginners for accurate target practice.
o Most commonly used reticles in red dot sight are for handguns and rifles ranging from 0.6mil to 1.6mil. The choice of reticles depends on the user's needs.
o Red dot is popular among paintball and airsoft players as they make it easy to target without having an issue of focus.
o The increasing application in gaming consoles is making it popular and fueling the market. Gaming is a huge market and application of any equipment really affects the market size.
o "Tube design" in the red dot sight offers fitted dust covers and choice to add filters like polarizing or haze and also has glare reducing sunshades.
o Open designs have a flat base with a single loop of material to support the reflective optics. It is not used as commonly as tube design...Continued

Find the extensive Report Description, TOC and Table of Figure @ https://www.reportsanddata.com/report-detail/red-dot-sight-market

Thanks for reading this article; you can also customize this report to get select chapters or region-wise coverage with regions like Asia, United States, Europe, etc.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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