Binoculars Market Analysis North America, APAC, Europe, South America, Middle East and Africa - US, China, India, Germany, Italy - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 176 SKU: IRTNTR45829

Binoculars Market 2024-2028

  • The global binoculars market size is estimated to grow by USD 172.55 million between 2023 and 2028
  • The market is accelerating at a compound annual growth rate of 4.01%.

The report includes a comprehensive outlook on the market, offering forecasts for the industry segmented by Application, which comprises military, wildlife observation and hunting, astronomy, and others. Additionally, it categorizes Type into roof prism binoculars, porro prism binoculars, and galilean binoculars, and covers Regions, including North America, APAC, Europe, South America, and Middle East and Africa. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments. The report covers market trends and analysis and also includes an in-depth analysis of the rise in popularity of outdoor recreational activities, the increased demand for multifunctional binoculars, and the availability of counterfeit products. 

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Key Major Companies

Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

  • Barska Optics: The company offers bincoular products such as AB12804 level series extra low dispersion waterproof binoculars with magnesium body, AB12772 level HD series extra low dispersion waterproof binoculars, AB12528 air view series waterproof binoculars with open bridge design.

The market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

American Technologies Network Corp., BERETTA HOLDING SA, Canon Inc., Carl Zeiss AG, Celestron Acquisition LLC, Eschenbach Optik GmbH, FUJIFILM Corp., Guangzhou Bosma Corp., Jaxy Optical Instrument Co. ltd., Leupold and Stevens Inc., Nikon Corp., Olympus Europa SE and Co. KG, Sony Group Corp., Vista Outdoor Inc., Vortex Optics, Meade Instruments, Opticron, Ricoh Imaging Co. Ltd., Shengzhen China Visionking Optical Technology Co. Ltd., Yukon Advanced Optics Worldwide, and Fabbrica dArmi Pietro Beretta S.p.A.

Qualitative and quantitative analysis of market growth and trends of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, market growth and forecasting it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Size And Market Dynamic

Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage. 

Key Market Drivers

The rise in the popularity of outdoor recreational activities is the key factor driving market growth. Globally, hectic lifestyles raise stress for several people, which has led to increased participation in outdoor recreational activities. The growing need to de-stress is leading to increased engagement in leisure and outdoor activities. Globally, the growth of adventure tourism is due to factors such as urbanization, hectic lifestyles, and growing health consciousness, which contributed to an increase in the demand for binoculars.

Further, market players are focusing on providing effective binoculars for different outdoor activities, such as hunting binoculars. In addition, the phase-corrected prism, waterproof and fogproof built, and rugged rubber armor make it durable for outdoor activities like hunting, camping, and wildlife safari. Thus, such factors will propel the market growth for the market during the forecast period.

Significant Market Trends

Increased demand for multifunctional binoculars is the primary trend shaping market growth. Market players focus on innovating technologies to gain the attention of an increased number of customers and raise the customer base and demand for their products. The market for binoculars is gradually synchronizing with the dynamic needs of customers, which encourages market players to innovate their products consistently. The use of upgraded technology to manufacture and design products is helping market players introduce innovative concepts that focus on functionality, convenience, and quality.

Consequently, the demand for multifunctional products is expected to rise among customers as such products provide increased convenience and enhanced results. For instance, Celestron Acquisition LLC offers Cavalry 7x50 Binoculars with a global positioning system (GPS) and a Digital Compass and Reticle. Integrated liquid crystal display (LCD) provides GPS coordinates, elevation, and compass direction. Thus, multifunctional binoculars will propel the growth of the market during the forecast period.

Major Market Challenges

The availability of counterfeit products is a challenge that affects market growth. Counterfeit binoculars are fake replicas of branded binoculars. These counterfeit binoculars are manufactured and sold with the intent to capitalize on the popularity of high-quality branded binoculars. Counterfeit products are offered at lower prices than the prices of original products. Additionally, low production costs are an advantage appreciated by counterfeit binoculars makers as these binoculars are made from low-grade raw materials and are not durable. The availability of counterfeit products is a major challenge for vendors.

However, advertising and promotional campaigns by vendors help them retain the existing customer base. Adequate communication with customers ensures their loyalty to the concerned brand and does not easily shift to counterfeits. Additionally, it has a very adverse effect on the eyesight of the user. These optics may hamper the eyesight seriously. The rising number of counterfeit products will impede the growth of the market during the forecast period.

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Market Segmentation And Region

By Application Analysis 

The military segment will account for a major share of the market's growth during the forecast period.?Military binoculars help effectively monitor the movements of the enemy. They provide soldiers with the ability to locate distant objects and use image stabilization technology to see things at a distance through dense fog and dust. Increasing investments in defense will drive the market as these devices are basic equipment used by the military forces. The military segment was valued at USD 390.71 million in 2018. Furthermore, the rise in terrorist activities across the world has positively impacted the growth of the market. Advanced binoculars that integrate advanced technology give a country's armed forces a competitive edge over their adversaries in combat situations. Likewise, the use of binoculars by the military for search and rescue operations, as well as during natural calamities, aids in the identification of people in danger and in saving more lives. Thus, such factors will propel the military segment of the market during the forecast period.

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By Type Analysis 

The market is segmented by type into roof prism binoculars, porro prism binoculars, and galilean binoculars

Geographical Analysis

North America is estimated to contribute 35% during the forecast period.

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Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. North America had the highest market share and the US is one of the countries that invest heavily in its defense sector. Factors such as increased military investments, growing tourism because of sporting events, and the presence of wild and exotic animals in numerous parts of this region drive the market for binoculars. BERETTA HOLDING SA, Celestron Acquisition LLC, and Vortex Optics are some of the major market players in the region that produce binoculars for various applications such as military, wildlife observation hunting, and others. Almost no country in the region has banned wildlife hunting. This indicates the importance given to this hobby in this region. Binoculars are also highly adopted by law enforcement agencies in this region. Hence, such factors are expected to drive market growth in this region during the forecast period. 

Market Scope

Report Coverage

Details

Page number

120

Base year

2023

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.01%

Market Growth 2024-2028

USD 172.55 million

Market structure

Fragmented

YoY growth (%)

3.5

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key consumer countries

US, China, India, Germany, and Italy

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

American Technologies Network Corp., Barska Optics, BERETTA HOLDING SA, Canon Inc., Carl Zeiss AG, Celestron Acquisition LLC, Eschenbach Optik GmbH, FUJIFILM Corp., Guangzhou Bosma Corp., Jaxy Optical Instrument Co. ltd., Leupold and Stevens Inc., Nikon Corp., Olympus Europa SE and Co. KG, Sony Group Corp., Vista Outdoor Inc., Vortex Optics, Meade Instruments, Opticron, Ricoh Imaging Co. Ltd., Shengzhen China Visionking Optical Technology Co. Ltd., Yukon Advanced Optics Worldwide, and Fabbrica dArmi Pietro Beretta S.p.A.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market  between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of binoculars market companies

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global binoculars market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global binoculars market 2018 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Military - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Military - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Military - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Military - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Military - Year-over-year growth 2023-2028 (%)
    • 6.4 Wildlife observation and hunting - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Wildlife observation and hunting - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Wildlife observation and hunting - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Wildlife observation and hunting - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Wildlife observation and hunting - Year-over-year growth 2023-2028 (%)
    • 6.5 Astronomy - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Astronomy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Astronomy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Astronomy - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Astronomy - Year-over-year growth 2023-2028 (%)
    • 6.6 Others - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 52: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 54: Chart on Comparison by Type
      • Exhibit 55: Data Table on Comparison by Type
    • 7.3 Roof prism binoculars - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Roof prism binoculars - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Roof prism binoculars - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Roof prism binoculars - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Roof prism binoculars - Year-over-year growth 2023-2028 (%)
    • 7.4 Porro prism binoculars - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Porro prism binoculars - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Porro prism binoculars - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Porro prism binoculars - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Porro prism binoculars - Year-over-year growth 2023-2028 (%)
    • 7.5 Galilean binoculars - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Galilean binoculars - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Galilean binoculars - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Galilean binoculars - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Galilean binoculars - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Italy - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Italy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Italy - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Italy - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 111: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Barska Optics
              • Exhibit 123: Barska Optics - Overview
              • Exhibit 124: Barska Optics - Product / Service
              • Exhibit 125: Barska Optics - Key offerings
            • 12.4 Canon Inc.
              • Exhibit 126: Canon Inc. - Overview
              • Exhibit 127: Canon Inc. - Business segments
              • Exhibit 128: Canon Inc. - Key offerings
              • Exhibit 129: Canon Inc. - Segment focus
            • 12.5 Celestron Acquisition LLC
              • Exhibit 130: Celestron Acquisition LLC - Overview
              • Exhibit 131: Celestron Acquisition LLC - Product / Service
              • Exhibit 132: Celestron Acquisition LLC - Key offerings
            • 12.6 Fabbrica dArmi Pietro Beretta S.p.A.
              • Exhibit 133: Fabbrica dArmi Pietro Beretta S.p.A. - Overview
              • Exhibit 134: Fabbrica dArmi Pietro Beretta S.p.A. - Product / Service
              • Exhibit 135: Fabbrica dArmi Pietro Beretta S.p.A. - Key offerings
            • 12.7 FUJIFILM Corp.
              • Exhibit 136: FUJIFILM Corp. - Overview
              • Exhibit 137: FUJIFILM Corp. - Business segments
              • Exhibit 138: FUJIFILM Corp. - Key news
              • Exhibit 139: FUJIFILM Corp. - Key offerings
              • Exhibit 140: FUJIFILM Corp. - Segment focus
            • 12.8 Guangzhou Bosma Corp.
              • Exhibit 141: Guangzhou Bosma Corp. - Overview
              • Exhibit 142: Guangzhou Bosma Corp. - Product / Service
              • Exhibit 143: Guangzhou Bosma Corp. - Key offerings
            • 12.9 Jaxy Optical Instrument Co. ltd.
              • Exhibit 144: Jaxy Optical Instrument Co. ltd. - Overview
              • Exhibit 145: Jaxy Optical Instrument Co. ltd. - Product / Service
              • Exhibit 146: Jaxy Optical Instrument Co. ltd. - Key offerings
            • 12.10 Leupold and Stevens Inc.
              • Exhibit 147: Leupold and Stevens Inc. - Overview
              • Exhibit 148: Leupold and Stevens Inc. - Product / Service
              • Exhibit 149: Leupold and Stevens Inc. - Key offerings
            • 12.11 Nikon Corp.
              • Exhibit 150: Nikon Corp. - Overview
              • Exhibit 151: Nikon Corp. - Business segments
              • Exhibit 152: Nikon Corp. - Key news
              • Exhibit 153: Nikon Corp. - Key offerings
              • Exhibit 154: Nikon Corp. - Segment focus
            • 12.12 Olympus Europa SE and Co. KG
              • Exhibit 155: Olympus Europa SE and Co. KG - Overview
              • Exhibit 156: Olympus Europa SE and Co. KG - Product / Service
              • Exhibit 157: Olympus Europa SE and Co. KG - Key offerings
            • 12.13 Opticron
              • Exhibit 158: Opticron - Overview
              • Exhibit 159: Opticron - Product / Service
              • Exhibit 160: Opticron - Key offerings
            • 12.14 Ricoh Imaging Co. Ltd.
              • Exhibit 161: Ricoh Imaging Co. Ltd. - Overview
              • Exhibit 162: Ricoh Imaging Co. Ltd. - Product / Service
              • Exhibit 163: Ricoh Imaging Co. Ltd. - Key offerings
            • 12.15 Shengzhen China Visionking Optical Technology Co. Ltd.
              • Exhibit 164: Shengzhen China Visionking Optical Technology Co. Ltd. - Overview
              • Exhibit 165: Shengzhen China Visionking Optical Technology Co. Ltd. - Product / Service
              • Exhibit 166: Shengzhen China Visionking Optical Technology Co. Ltd. - Key offerings
            • 12.16 Sony Group Corp.
              • Exhibit 167: Sony Group Corp. - Overview
              • Exhibit 168: Sony Group Corp. - Business segments
              • Exhibit 169: Sony Group Corp. - Key news
              • Exhibit 170: Sony Group Corp. - Key offerings
              • Exhibit 171: Sony Group Corp. - Segment focus
            • 12.17 Yukon Advanced Optics Worldwide
              • Exhibit 172: Yukon Advanced Optics Worldwide - Overview
              • Exhibit 173: Yukon Advanced Optics Worldwide - Product / Service
              • Exhibit 174: Yukon Advanced Optics Worldwide - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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