Sports Optic Market to Hit US$ 2.6 Billion by 2028: American Technologies Network Corp, Burris Company Inc.
How Big is the Sports Optic Market?
The global sports optic market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 3% during 2023-2028.
What are Sports Optic?
Sports optics are devices employed to enhance sports performances by magnifying distant objects. Some commonly used sports optic devices include riflescopes, telescopes, spotting scopes, red dots, binoculars, rangefinders, protective eyewear, and trail cam, which are produced using glass, plastic, and metallic frames. They provide sharpness, clarity, portability, dim illumination, night vision, and precision aiming. They can also operate in the visible, ultraviolet (UV), and infrared (IR) ranges. Owing to these properties, sports optics are widely used in hunting, horse racing, golf, rifle shooting, and water and snow sports to enhance the viewing experience, collect information and provide accurate shooting over long distances.
Request for a free sample copy of this report: https://www.imarcgroup.com/sports-optic-market/requestsample
What are the growth prospects and trends in the Sports Optic Industry?
The market is primarily driven by the increasing number of sports activities, the growing population, and the surging inclination toward recreational activities among individuals. In addition, the escalating demand for protective eyewear and telescopic sports optics for water and snow sports to prevent eye infections, corneal scratches, and exposure to chemicals and saltwater while enhancing underwater visibility is contributing to the market growth.
Moreover, the introduction of three-dimensional (3D) view optics for high-resolution images of distant objects represents another major growth-inducing factor. Besides this, the widespread adoption of handheld and portable telescopes, as they are compact, lightweight, and easy to use for several activities such as hunting, bird watching, sports events, and camping is providing a positive thrust to the market growth.
Furthermore, the implementation of numerous government initiatives to encourage sports training among individuals, rising disposable incomes, rapid urbanization and extensive research and development (R&D) activities are also creating a favorable market outlook across the globe.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
• Rifle Scopes
Breakup by Distribution Channel:
Breakup by Application:
• Shooting Sports
• Water Sports
• Wheel Sports
• Snow Sports
• Horse Racing
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
American Technologies Network Corp
Burris Company Inc.
Bushnell Inc. (Vista Outdoor Inc.)
Carl Zeiss AG
Celestron LLC (Synta Technology Corporation of Taiwan)
Karl Kaps GmbH & Co. KG
Leica Camera Aktiengesellschaft
Leupold & Stevens Inc.
Meopta - optika s.r.o
Primary Arms L.L.C.
Teledyne Flir LLC (Teledyne Technologies Incorporated)
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=5106&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Explore Other Research Reports:
Complaint Management Software Market : https://bit.ly/3VCDQ8C
Copper Foil Market : https://bit.ly/3LBkImx
Europe Air Purifier Market : https://bit.ly/44w0EdV
Identity Analytics Market : https://bit.ly/3HIjBAC
Industrial Computed Tomography Market : https://bit.ly/3AY5zH2
Medical Waste Containers Market : https://bit.ly/3HGxmPY
Propane Market : https://bit.ly/3NJaZxg
Surgical Instrument Tracking Systems Market : https://bit.ly/3AT865o
Electrophotographic Printing Market : https://bit.ly/3nzsUfh
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Follow us on Twitter: @imarcglobal
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sports Optic Market to Hit US$ 2.6 Billion by 2028: American Technologies Network Corp, Burris Company Inc. here
News-ID: 3041841 • Views: 600
More Releases from IMARC Group
Printed Circuit Board Market Report 2023-2028 | Industry Size, Share, Forecast
Global Printed Circuit Board Market Overview 2023-2028 The global printed circuit board market size reached US$ 67.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 87.7 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028. A printed circuit board (PCB) is a level surface that functions as a base for installing and linking electronic components. Constructed from insulating layers, like fiberglass, it features conductive
Video Surveillance Systems Market Report 2023-2028 | Industry Size, Share, Growt …
Global Video Surveillance Systems Market Overview 2023-2028 The global video surveillance systems market size reached US$ 57.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 135.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.8% during 2023-2028. Video surveillance systems, often referred to as closed-circuit television (CCTV) systems, employ advanced security technology for monitoring and recording activities within a defined area. Strategically positioned video cameras capture
United States Feed Additives Market: Set to Explode and Reach US$ 4.8 Billion by …
IMARC Group, a leading market research company, has recently releases report titled "United States Feed Additives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the United States feed additives market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights How big is the United States feed
With 13.78% CAGR, United States Agricultural Robots Market Growth to Surpass US$ …
IMARC Group, a leading market research company, has recently releases report titled "United States Agricultural Robots Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the United States agricultural robots market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights How big is the United States agricultural
More Releases for Sports
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC
Sports Tourism Market 2019 - BAC Sport, Great Atlantic Sports Travel, ITC Sports …
Global Sports Tourism Market 2019-2023: With the rise in Global Sports Tourism Market, the need for niche Market has grown by a staggering rate. This has resulted in a major push in the Global Sports Tourism Market Industry Market. With Global Sports Tourism Market gaining traction across the globe including the developing Markets of APAC and Africa, many software providers have jumped onto the software bandwagon to develop and provide Global
Big Boom in Global Sports Tourism Market 2018: BAC Sport, Great Atlantic Sports …
A professional survey done by Report Consultant has formulated a report titled “Global Sports Tourism Market”, which instills a crisp idea of the influential aspects affecting the growth of the market. It gives the new entrants a clear idea of all the business strategies incorporated by the key players, which is helping them regulate their trade success. It serves a reliable business tool helping the reader to understand the global
Sports Tourism Market Breakdown of Leading Market Player’s 2018-2022: Great At …
ReportsWeb.com has announced the addition of the “Global Sports Tourism Market Size Status and Forecast 2018-2022” The report classifies the global Sports Tourism Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Sports Tourism market, analyzes and researches the Sports Tourism development status and forecast in United States, EU, Japan, China, India and Southeast
Professional Sports Leagues Dominate U.S. Licensed Sports Merchandise Market By …
"The Report US Licensed Sports Merchandise Market: Trends, Opportunities and Forecasts (2016-2021) (By Segment - Sports Apparel, Sports Footwear, Sports Equipment -Videogames, Sporting goods and Toys; By Leagues - NFL, NBA, MLB, NHL; By Key Players - Competitive Landscape) provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" MarketResearchReports has announced the addition of a new research report providing an executive-level blueprint
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca …
China Sports Market Overview China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digit