The Global Riflescopes Market is valued at approximately USD 0.97 billion in 2024 and is poised to expand at a promising CAGR of 6.54% over the forecast period 2025–2035. Riflescopes have become a quintessential component in modern firearm systems, offering precision targeting capabilities across both defense and commercial sectors. These optical instruments have not only enhanced marksmanship and accuracy but have also driven operational efficacy in real-time combat and sporting environments. The market is witnessing an upward shift owing to the increasing demand for advanced optical technologies, integration of smart features, and robust investments in military modernization programs. Moreover, innovations such as ballistic calculators, thermal imaging integration, and digital reticles are rapidly transforming the landscape of riflescope offerings.
The growing intensity of border conflicts and transnational threats has compelled governments across the globe to channel resources into upgrading their infantry weapon systems, where riflescopes play an indispensable role. In parallel, the recreational shooting and hunting sector is flourishing, particularly in North America and parts of Europe, further strengthening market revenues. Furthermore, increasing consumer inclination toward high-magnification scopes and tactical-grade optics in the civilian market is spurring demand across various magnification categories—from 1–8X to scopes exceeding 15X power. In defense applications, compact, rugged, and night-vision-compatible scopes are now being deployed in special ops units and next-gen assault rifles, making versatility a key purchase criterion.
From a geographical standpoint, North America leads the riflescopes market with a substantial revenue share attributed to its expansive defense budget, widespread firearm ownership, and robust manufacturing base. The U.S. military’s persistent push toward enhanced lethality and soldier modernization has triggered significant procurement of advanced riflescopes. Meanwhile, Asia Pacific is anticipated to record the fastest growth over the forecast horizon, driven by regional instability, increased military spending in countries such as China and India, and rising civilian participation in shooting sports. Europe, while maintaining a steady demand curve, is seeing surges in defense optics due to NATO-aligned defense upgrades and civilian usage growth in countries like Germany and France.
Major market player included in this report are:
• Bushnell Corporation
• Leupold & Stevens, Inc.
• Nikon Corporation
• Vortex Optics
• Burris Company, Inc.
• Schmidt & Bender GmbH & Co. KG
• Trijicon, Inc.
• Swarovski Optik
• Nightforce Optics
• EOTech, LLC
• Zeiss International
• Sig Sauer Inc.
• Holosun Technologies
• Steiner Optics
• Primary Arms, LLC
Global Riflescopes Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Magnification:
• 1–8X
• 8–15X
• Greater Than 15X
By Sight Type:
• Telescopic
• Reflective
By End-Use:
• Commercial
• Defense
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Mexico
Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.
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