Spotting Scope Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Canada, China, France, Germany - Size and Forecast 2024-2028

Published: Oct 2023 Pages: 158 SKU: IRTNTR74662

Spotting Scope Market Forecast 2024-2028

The spotting scope market size is estimated to grow by USD 227.53 million at a CAGR of 4.86% between 2023 and 2028. The market size is forecast to increase. The growth of the market depends on several factors such as the rising interest in outdoor activities, the increase in travel and tourism, and the growing e-commerce and online retail.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics

Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

Driver- Rising interest in outdoor activities

Birdwatching and wildlife observation are the fastest-growing outdoor activities across the globe. Many people are drawn to the natural world and seek high-quality optics, to enhance their experiences. The market benefits from this trend as enthusiasts require these scopes to get clear, close-up views of birds and wildlife. A wide range of outdoor sports, such as mountain climbing, trekking, and water-based activities, require navigation, safety, and the enjoyment of natural surroundings.

Besides, adventure tourists use spotting scopes for wildlife observation and scenic viewing. The travel and tourism industry, including the burgeoning ecotourism sector, encourages outdoor activities and nature-based tourism. Visitors often use to observe wildlife in natural habitats, generating demand for these products. Hence, the rising interest in outdoor activities will drive the market growth and trends during the forecast period.

Trends- Increased demand for multifunctional products

Market players are focusing on innovating technologies to earn the attention of a raised number of customers and raise the customer base and demand for their products. Some market players have introduced ergonomic designs, which contributed to aesthetic factors and provided the reliable performance of their products in the past five years. The market is slowly synchronizing with the dynamic requirements of customers, which encourages players to innovate their products consistently. 

Moreover, the use of upgraded technology to manufacture and design products is helping market players introduce innovative concepts that focus on functionality, convenience, and quality. Therefore, the demand for multifunctional products is expected to rise among customers as such products provide increased convenience and enhanced results. Hence, such market trends will accelerate the growth during the forecast period.

Challenge- Presence of counterfeit spotting scopes

Counterfeit products erode trust in prominent and reputable brands. Customers who purchase counterfeit products may have negative experiences and associate these experiences with real brands. Counterfeit products scopes may not meet safety and quality measures. The presence of counterfeit products can create market confusion, making it challenging for consumers to distinguish between genuine and fake products.

Moreover, the presence of fake products in the market can introduce risks to the supply chain. Honest manufacturers and retailers may inadvertently buy counterfeit products from unscrupulous suppliers. Hence, the presence of counterfeit scopes will impede the growth of the market in focus during the forecast period.

Market Segmentation by End-user, Type, and Geography

End-user Segment Analysis: 

The civil segment will account for a major share of the market's growth during the forecast period.? The use of spotting scopes has grown over the past few years, from being used merely for spotting to areas such as filming. Some wildlife fans use spotting scopes as long lenses for their cameras while filming wildlife. As camera lenses are much more costly, the use of comparatively less pricey spotting scopes through external adapters on digital single-lens reflex (DSLR) or phone cameras has gained acceptance among hobbyist photographers.

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The civil segment was valued at USD 453.37 million in 2018. Birdwatching and hunting activities have gained popularity in numerous countries globally. This has also led many traditional defense suppliers to penetrate the consumer market. Technological advances have also been a major trend in the market, with players investing greatly to develop next-generation spotting scopes that ensure superior usability for users. Hence, such factors will lead to the growth of the civilian applications segment and boost the market in focus during the forecast period.

Type Segment Analysis

Based on type, the market has been segmented into straight-body and angled-body spotting scope. The straight body spotting scope?segment will account for the largest share of this segment. Straight-body scopes are popular among birdwatchers. As the birds move, birdwatchers will be able to quickly find and follow them. In order to observe and study wild animals in their natural habitat, naturalists and wildlife lovers use straight binoculars. The straight-body scopes provides a clear and wide field of view, making them ideal for appreciating scenic vistas. Hikers, campers, and outdoor enthusiasts use straight body spotting scopes to observe distant landmarks or points of interest while exploring nature. Hence, these factors will drive the growth of the straight body segment and boost the growth of the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 34% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. North America presents a broad range of outdoor activities, including birdwatching, wildlife observation, hunting, and stargazing. The popularity of these activities continues to drive the demand. There is a growing interest in nature conservation and wildlife observation in North America. People are increasingly looking to connect with nature, which boosts the demand for high-quality optics.

Moreover, the hunting and shooting sports industries are significant in North America. Spotting scopes are essential tools for hunters and sports shooters to spot game animals and targets. Increased military investments, growing tourism due to sporting events, and the presence of wild and exotic animals in numerous parts of North America drive the growth of the regional market during the forecast period. 

Who are the Major Spotting Scope Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Barride Optics Co. Ltd.: The company offers products such as BM SC05A 15 45X50 spotting scope, BM SC07A 15 45x50 spotting scope, and many more.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Athlon Optics, Bresser GmbH, Carl Zeiss Stiftung, Celestron Acquisition LLC, Enjo Sports Inc., Foreseen Optics Instrument Co. Ltd., Hawke Optics Ltd., Konus italia Group S.p.a., Kowa Co. Ltd., Leica Camera AG, Leupold and Stevens Inc., Meopta Optica S.R.O, Nikon Corp., Ricoh Co. Ltd., Swarovski AG, Vanguard World LLC, Vista Outdoor Inc., Vortex Optics, and Wetzlar Network 

Technavio market growth analysis report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Market Analyst Overview

The Global Spotting Scope market thrives on diverse growth drivers, catering to various outdoor activities like bird watching, nature observations, and target shooting. Companies analyze the market scenario amidst a highly competitive and mature industry, with leading brands dominating the landscape. Spotting scopes, an essential optical device, aid in identifying distant objects, both terrestrial and celestial, functioning akin to a long-range astronomical telescope. Tripods provide stability for precise viewing. With a keen focus on market environment dynamics, vendors continue to innovate, meeting the demands of enthusiasts and professionals alike in this ever-evolving market segment.

Segment Overview

The market forecasting report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook 
    • Civil
    • Defense
    • Law enforcement
  • Type Outlook 
    • Straight body spotting scope
    • Angled body spotting scope
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Spotting Scope Market Scope

Market Report Coverage

Details

Page number

158

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.86%

Market Growth 2024-2028

USD 227.53 million

Market structure

Fragmented

YoY growth 2023-2024(%)

4.42

Regional analysis

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

Performing market contribution

North America at 34%

Key countries

US, Canada, China, France, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Athlon Optics, Barride Optics Co. Ltd., Bresser GmbH, Carl Zeiss Stiftung, Celestron Acquisition LLC, Enjo Sports Inc., Foreseen Optics Instrument Co. Ltd., Hawke Optics Ltd., Konus italia Group S.p.a., Kowa Co. Ltd., Leica Camera AG, Leupold and Stevens Inc., Meopta Optica S.R.O, Nikon Corp., Ricoh Co. Ltd., Swarovski AG, Vanguard World LLC, Vista Outdoor Inc., Vortex Optics, and Wetzlar Network

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 market growth and forecasting 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 and Growth Report?

  • CAGR of the market 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, Europe, APAC, South America, and Middle East and Africa
  • Our market trends and analysis report includes a thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

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 End-user
    • 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 spotting scope market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global spotting scope market 2018 - 2022 ($ million)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user 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 End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Civil - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Civil - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Civil - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Civil - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Civil - Year-over-year growth 2023-2028 (%)
    • 6.4 Defense and law enforcement - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Defense and law enforcement - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Defense and law enforcement - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Defense and law enforcement - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Defense and law enforcement - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ million)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Straight body spotting scope - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Straight body spotting scope - Market size and forecast 2023-2028 ($ million)
      • Exhibit 49: Data Table on Straight body spotting scope - Market size and forecast 2023-2028 ($ million)
      • Exhibit 50: Chart on Straight body spotting scope - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Straight body spotting scope - Year-over-year growth 2023-2028 (%)
    • 7.4 Angled body spotting scope - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Angled body spotting scope - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Angled body spotting scope - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Angled body spotting scope - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Angled body spotting scope - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ million)
      • Exhibit 57: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 France - Market size and forecast 2023-2028
      • Exhibit 91: Chart on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on France - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: 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 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Barride Optics Co. Ltd.
              • Exhibit 111: Barride Optics Co. Ltd. - Overview
              • Exhibit 112: Barride Optics Co. Ltd. - Product / Service
              • Exhibit 113: Barride Optics Co. Ltd. - Key offerings
            • 12.4 Bresser GmbH
              • Exhibit 114: Bresser GmbH - Overview
              • Exhibit 115: Bresser GmbH - Product / Service
              • Exhibit 116: Bresser GmbH - Key offerings
            • 12.5 Carl Zeiss Stiftung
              • Exhibit 117: Carl Zeiss Stiftung - Overview
              • Exhibit 118: Carl Zeiss Stiftung - Business segments
              • Exhibit 119: Carl Zeiss Stiftung - Key offerings
              • Exhibit 120: Carl Zeiss Stiftung - Segment focus
            • 12.6 Celestron Acquisition LLC
              • Exhibit 121: Celestron Acquisition LLC - Overview
              • Exhibit 122: Celestron Acquisition LLC - Product / Service
              • Exhibit 123: Celestron Acquisition LLC - Key offerings
            • 12.7 Foreseen Optics Instrument Co. Ltd.
              • Exhibit 124: Foreseen Optics Instrument Co. Ltd. - Overview
              • Exhibit 125: Foreseen Optics Instrument Co. Ltd. - Product / Service
              • Exhibit 126: Foreseen Optics Instrument Co. Ltd. - Key offerings
            • 12.8 Hawke Optics Ltd.
              • Exhibit 127: Hawke Optics Ltd. - Overview
              • Exhibit 128: Hawke Optics Ltd. - Product / Service
              • Exhibit 129: Hawke Optics Ltd. - Key offerings
            • 12.9 Kowa Co. Ltd.
              • Exhibit 130: Kowa Co. Ltd. - Overview
              • Exhibit 131: Kowa Co. Ltd. - Product / Service
              • Exhibit 132: Kowa Co. Ltd. - Key offerings
            • 12.10 Leica Camera AG
              • Exhibit 133: Leica Camera AG - Overview
              • Exhibit 134: Leica Camera AG - Product / Service
              • Exhibit 135: Leica Camera AG - Key offerings
            • 12.11 Leupold and Stevens Inc.
              • Exhibit 136: Leupold and Stevens Inc. - Overview
              • Exhibit 137: Leupold and Stevens Inc. - Product / Service
              • Exhibit 138: Leupold and Stevens Inc. - Key offerings
            • 12.12 Nikon Corp.
              • Exhibit 139: Nikon Corp. - Overview
              • Exhibit 140: Nikon Corp. - Business segments
              • Exhibit 141: Nikon Corp. - Key news
              • Exhibit 142: Nikon Corp. - Key offerings
              • Exhibit 143: Nikon Corp. - Segment focus
            • 12.13 Ricoh Co. Ltd.
              • Exhibit 144: Ricoh Co. Ltd. - Overview
              • Exhibit 145: Ricoh Co. Ltd. - Business segments
              • Exhibit 146: Ricoh Co. Ltd. - Key news
              • Exhibit 147: Ricoh Co. Ltd. - Key offerings
              • Exhibit 148: Ricoh Co. Ltd. - Segment focus
            • 12.14 Swarovski AG
              • Exhibit 149: Swarovski AG - Overview
              • Exhibit 150: Swarovski AG - Product / Service
              • Exhibit 151: Swarovski AG - Key offerings
            • 12.15 Vanguard World LLC
              • Exhibit 152: Vanguard World LLC - Overview
              • Exhibit 153: Vanguard World LLC - Product / Service
              • Exhibit 154: Vanguard World LLC - Key offerings
            • 12.16 Vortex Optics
              • Exhibit 155: Vortex Optics - Overview
              • Exhibit 156: Vortex Optics - Product / Service
              • Exhibit 157: Vortex Optics - Key offerings
            • 12.17 Wetzlar Network
              • Exhibit 158: Wetzlar Network - Overview
              • Exhibit 159: Wetzlar Network - Product / Service
              • Exhibit 160: Wetzlar Network - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 161: Inclusions checklist
                • Exhibit 162: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 163: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 164: Research methodology
                • Exhibit 165: Validation techniques employed for market sizing
                • Exhibit 166: Information sources
              • 13.5 List of abbreviations
                • Exhibit 167: 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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              spotting scope market

              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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