Press release
Rising Outdoor Recreation Activities Drive Growth In The Monocular Telescope Market Driver: Leading Transformation in the Monocular Telescope Market in 2025
Monocular Telescope Market Share
The size of the monocular telescope market has seen massive expansion in the past few years. It is expected to expand from $14.76 billion in 2024 to $18.21 billion in 2025, with a compound annual growth rate (CAGR) of 23.4%. This growth in the historic period is due to factors such as increased demand for night vision and thermal imaging cameras, higher utilization of monocular telescopes in military and law enforcement sectors, a growing necessity for surveillance, an increase in disposable income, and heightened security needs.
The market size for monocular telescopes is projected to experience extraordinary growth in the upcoming years. Predicted to reach $41.64 billion by 2029 with a compound annual growth rate (CAGR) of 23.0%, this anticipated surge over the forecast period is linked to an escalating demand for outdoor hobbies, a rising interest in birdwatching, an increased need for superior optic quality, a surge in preference for light-weight items, and an expanding tourism and travel sector. Technological advancements, the emergence of innovative materials and technologies, the creation of compact and lightweight devices, the integration of automated tracking, strides in the design and production of optical lenses, as well as breakthroughs in digital integration all account for major trends during the same forecast period.
What Is Driving the Growth Trajectory of the Monocular Telescope Market?
The growth of the monocular telescope market is slated to accelerate due to the surge in outdoor recreational activities. These pursuits, epitomized by hiking, camping, fishing, and kayaking, occur in natural settings and foster physical wellness, relaxation, and a connection with nature. A heightened awareness regarding the health benefits of these activities, advancements in outdoor equipment and technology, and an increased interest in nature-oriented and adventure experiences are fueling the growth of outdoor recreational activities. Monocular telescopes, utilized for amplifying visibility of distant landscapes and activities, are perfect for pursuits like birdwatching, hiking, wildlife sighting, and outdoor sports events. As per a report released by the U.S. Bureau of Economic Analysis in November 2023, in 2022, apart from other outdoor recreational activities, contributing 19.8%, an increase from 19.0% in 2021, to the total value added; supporting activities accounted for 46.0% of the value added in 2022, an upsurge from 43.6% the previous year. Consequently, the escalating outdoor recreation activities are spurring the growth of the monocular telescope market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19601&type=smp
Which Leading Companies Are Shaping the Growth of the Monocular Telescope Market?
Major companies operating in the monocular telescope market are Carl Zeiss AG, Nikon Corporation, Swarovski Optik, Eschenbach Optik of America Inc., Bushnell Corporation, Shenzhen Daking Optoelectronics Co. Ltd., Meopta - optika s.r.o., Celestron LLC, Vortex Optics, Bresser GmbH, Meade Instruments, Minox GmbH, Maven Outdoor Equipment Company, Gosky Optics, Roxant Inc., Nanyang Imaisen Technology Co. Ltd., Opticron, Hawke Sport Optics, Oberwerk, Pentax Corporation, Barska
What Are the Major Trends Shaping the Monocular Telescope Market?
Major players in the single-lens telescope market are persistently innovating to raise the bar for user experience by incorporating state-of-the-art technologies such as fiber optic lighting. Optical devices utilizing fiber optic lighting employ fiber optics to direct light straight to the reticle, resulting in a clear, sharp, and highly noticeable dot for elevated accuracy under different light conditions. For example, in March 2024, Yukon Group, a Lithuanian thermal imaging devices, digital night and day optics developer, introduced upgradeable thermal monoculars intended for civilian use. This innovative tool allows users to escalate its features over time, marking a substantial advancement in optical technology. Moreover, users can upgrade their monoculars with superior hardware, considerably extending the gadget's life cycle. This is in sync with the goals of sustainability and the EU's Corporate Sustainability Reporting Directive, endorsing a circular economy.
What Are the Key Segments of the Monocular Telescope Market?
The monocular telescopemarket covered in this report is segmented -
1) By Product Type: Compact Monoculars, Zoom Monoculars, Night Vision Monoculars, Thermal Imaging Monoculars
2) By Magnification: 5x-10x, 11x-20x, 21x-30x, 31x And Above
3) By Target Users: Amateurs, Professionals, Military And Law Enforcement
4) By Application: Birdwatching, Wildlife Observation, Hunting, Surveillance, Sports
Subsegments:
1) By Compact Monoculars: Lightweight Pocket Monoculars, Folding Monoculars, High-Magnification Compact Monoculars, Waterproof Compact Monoculars
2) By Zoom Monoculars: Variable Magnification Monoculars, High-Powered Zoom Monoculars, Adjustable Lens Zoom Monoculars, Digital Zoom Monoculars
3) By Night Vision Monoculars: Infrared Night Vision Monoculars, Gen 1, Gen 2, Gen 3 Night Vision Monoculars, Digital Night Vision Monoculars, Monoculars with Built-In IR Illuminators
4) By Thermal Imaging Monoculars: Handheld Thermal Monoculars, High-Resolution Thermal Monoculars, Compact Thermal Monoculars, Monoculars With Color Palettes And Imaging Modes
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/monocular-telescope-global-market-report
Which Region Dominates the Monocular Telescope Market?
North America was the largest region in the monocular telescope market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the monocular telescope market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Monocular Telescope Global Market Report?
- Market Size Analysis: Analyze the Monocular Telescope Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Monocular Telescope Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Monocular Telescope Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Monocular Telescope Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19601
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Rising Outdoor Recreation Activities Drive Growth In The Monocular Telescope Market Driver: Leading Transformation in the Monocular Telescope Market in 2025 here
News-ID: 3869483 • Views: …
More Releases from The Business Research Company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Monocular
Emerging Trends to Reshape the Monocular Telescope Market: Innovation in Monocul …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts._x000D_
_x000D_
Monocular Telescope Market Size Valuation Forecast: What Will the Market Be Worth by 2025?_x000D_
In recent times, the market size for monocular telescopes has seen a significant surge. Its growth is projected to climb from $14.76 billion in 2024 to $18.21 billion in 2025, representing a compound annual growth…
MCG Tactical Raven Monocular Review: Is This the Best Tactical Night Vision Mono …
MCG Tactical Raven Monocular Review: Is This the Best Tactical Night Vision Monocular of 2025?
In a world where preparedness and tactical awareness are becoming essential, having the right gear can make all the difference. Whether you're hiking in the wilderness, surveying your property at night, or preparing for an emergency, a reliable monocular can be your eyes when the environment gets tough.
That's where the MCG Tactical Raven Monocular stands out.…
COSMIC SCOPE MONOCULAR REVIEW 2023: DON'T BE FOOLED! IS COSMIC SCOPE MONOCULAR L …
In the world of outdoor enthusiasts, adventurers, and nature lovers, there exists a constant quest for the perfect tool to capture those breathtaking moments in distant landscapes or elusive wildlife. Meet the Cosmic scope Monocular , a monocular telescope designed to fulfill this need with precision and innovation. This 40 by 60 monocular telescope, built using cutting-edge army prism technology, is set to transform the way we capture and appreciate…
COSMIC SCOPE MONOCULAR REVIEW 2023: DON'T BE FOOLED! IS COSMIC SCOPE MONOCULAR L …
In the world of outdoor enthusiasts, adventurers, and nature lovers, there exists a constant quest for the perfect tool to capture those breathtaking moments in distant landscapes or elusive wildlife. Meet the Cosmic scope Monocular , a monocular telescope designed to fulfill this need with precision and innovation. This 40 by 60 monocular telescope, built using cutting-edge army prism technology, is set to transform the way we capture and appreciate…
Starscope Monocular Reviews 2022: Urgent Update About Starscope Monocular
What is the starscope monocular, and how does it work?
It is a military-grade monocular gadget with a 10x magnification lens that allows the user to take in the full splendor of nature. It's an excellent outdoor accessory that works in conjunction with a smartphone camera.
In the opinion of the maker, it outperforms professional-grade telescopes that cost several thousand dollars. If you enjoy outdoor activities such as wildlife observation, cheering on…
starscope monocular review: How Good is starscope monocular telescope?
Do you wish for a quality slick monocular to enhance the quality of your smartphone camera? Sounds too good to be true, huh? But if you're willing to try the Starscope Monocular out, the odds are pretty good that you'd be singing in a different tune.
The Starscope monoculars have often and for the most part, leveraged this fact and has now produced the ultimate geek tool for bird watchers, stargazers,…
