Press release
Global Trends Overview: The Rapid Evolution of the Firearm Sight Market
Firearm Sight Market
Projected Market Value and Growth Outlook for the Firearm Sight Market
The firearm sight market is forecasted to reach a valuation of $2.15 billion by 2030, growing steadily at a compound annual growth rate (CAGR) of 5.2%. Several factors contribute to this anticipated growth, including the increasing popularity of sophisticated optics with enhanced low-light and digital functionalities. Lightweight, shock-resistant materials are becoming more widely adopted, while smart and augmented-reality-enabled firearm sights are gaining traction. Additionally, the procurement of modular sighting systems tailored for next-generation weapons is expanding. Competitive shooting's rising appeal also boosts the demand for high-performance precision sights. Key trends influencing the market include more widespread use of advanced red dot and reflex sights, heightened interest in precision shooting for hunting and sports, tactical accuracy needs among armed forces, a move toward compact and durable sight designs, and the growth of multifunctional optical sights featuring improved ergonomics.
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Leading Companies Shaping the Firearm Sight Industry
Several major manufacturers dominate the firearm sight market, including Nikon Sport Optics, Lucid Optics, SIG Sauer, Swarovski Optik KG., Leupold & Stevens Inc., Burris Company Inc., Vortex Optics, Bushnell Inc., Sellmark Corporation, Trijicon Inc, Meopta USA Inc, EOTech Inc., Meprolight, Crimson Trace Corporation, Primary Arms LLC, Leapers Inc., KAHLES Gesellschaft M.b.H., Steiner EOptics Inc, Holosun Technologies Inc, TruGlo Inc, Athlon Optics, Lightforce USA Incorporated., Aimpoint AB, NcSTAR Inc., DI Optical, Swampfox Optics, Command Arms Accessories LLC, Trijicon Electro Optics, Firefield, and Docter Optics SE.
Significant Acquisition Enhancing Market Presence
In April 2024, Daisy Manufacturing Company, a U.S.-based supplier of air guns, accessories, and related consumables for both youth and adults, acquired Crosman Corporation from Compass Diversified in a deal whose financial details remain undisclosed. This acquisition allows Daisy to incorporate Crosman's cutting-edge optics and accessories into its lineup, strengthening its foothold in the air gun and recreational shooting segments. Crosman, also U.S.-based, offers air rifles, BB guns, laser sights, scopes, and related accessories, complementing Daisy's existing products and boosting its market share in shooting sports.
View the full firearm sight market report:
https://www.thebusinessresearchcompany.com/report/firearm-sight-global-market-report
Emerging Trends in the Global Firearm Sight Market
Market leaders are increasingly investing in innovative firearm designs to cater to both professional users and recreational shooters. One example is the introduction of advanced pistols that integrate the latest technology to improve functionality, reliability, and user experience. For instance, in October 2024, Heckler & Koch USA launched the new CC9 pistol, featuring an optics-ready build with a direct mount for red dot sights to enhance aiming precision. The pistol includes a tritium front sight and a blacked-out rear sight, which improve visibility across different lighting environments. This micro-compact firearm offers advanced ergonomics and modularity, making it suitable for concealed carry as well as everyday use, while meeting stringent reliability standards through extensive testing.
Firearm Sight Market Segmentation and Categories
This report segments the firearm sight market by type, platform, and application to provide a comprehensive perspective:
- By Type: Full Size, Microdots, Mini Reflex
- By Platform: Ground-Based, Air-Based, Sea-Based
- By Application: Hunting, Armed Forces, Other Applications
Further breakdown of the type category includes:
- Full Size: Standard Red Dot Sights, Reflex Sights, Holographic Sights
- Microdots: Compact Red Dot Sights, Miniature Reflex Sights
- Mini Reflex: Pistol-mounted Mini Reflex Sights, Shotgun Mini Reflex Sights
This detailed segmentation helps identify market trends, target audiences, and product development focuses across diverse firearm sight technologies and uses.
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