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Global Binoculars Market 2017-2021

Global Binoculars Market 2017-2021

About Binoculars

Binoculars are optical instruments, which allow the viewer to use both the eyes when viewing distant objects.

Technavio’s analysts forecast the global binoculars market to grow at a CAGR of 5.34% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global binoculars market for 2017-2021. To calculate the market size, the report considers the shipments, average selling price of binoculars, and hence calculates revenue generated from binoculars market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Binoculars Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bushnell
  • Celestron
  • Nikon
  • Steiner
  • Vortex Optics
Other prominent vendors
  • Athlon Optics
  • Armasight
  • Canon
  • Carson Optical
  • Eyeskey Optics
  • FLIR Systems
  • Leupold & Stevens
  • Olympus
  • Polaris Optics
  • Tasco
  • Vivitar Corporation
Market driver
  • Rising government investments for military devices
  • For a full, detailed list, view our report
Market challenge
  • Use of large stadium screen and sports displays
  • For a full, detailed list, view our report
Market trend
  • Use of underwater binoculars
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Binoculars Market 2017-2021

Technavio recognizes the following companies as the key players in the global binoculars market: Bushnell, Celestron, Nikon, Steiner, and Vortex Optics.

Other Prominent Vendors in the market are: Athlon Optics, Armasight, Canon, Carson Optical, Eyeskey Optics, FLIR Systems, Leupold & Stevens, Olympus, Polaris Optics, Tasco, and Vivitar.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is use of underwater binoculars. The use of underwater binoculars is increasing as there is an increase in adventure tourism. The adventure travel market was valued at around $300 billion in 2016. The increase in international tourism coupled with the minimal expenditure incurred by the travelers has increased the demand for the tourism industry.”

According to the report, one of the major drivers for this market is rising government investments for military devices. The governments of different countries are investing in next-generation products, such as rifles, mine detectors, night vision devices, to provide soldiers with improved and accurate information on the war field. These products are designed to have rapid target acquisitions in military operations. Various devices, such as goggles, binoculars, scopes, and cameras, are increasingly being used for various military operations as these devices help soldiers to target objects that are far away from the viewing point.

Further, the report states that one of the major factors hindering the growth of this market is use of large stadium screen and sports displays. The use of large video screens is popular as they help in marketing brands and game scores. Ensuring image and sound quality through television is the most common way of viewing sports worldwide. On venue, displays are gaining traction as they enhance the viewing experience of the game to the audiences in the stadium.



Companies Mentioned

Bushnell, Celestron, Nikon, Steiner, Vortex Optics, Athlon Optics, Armasight, Canon, Carson Optical, Eyeskey Optics, FLIR Systems, Leupold & Stevens, Olympus, Polaris Optics, Tasco, and Vivitar.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Table Global binoculars market landscape
    • Market size and forecast
      • Table Global binoculars market 2016-2021 ($ millions)
      • Table Global binoculars market 2016-2021 (million units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global binoculars market by type
      • Table Global binoculars market by type
      • Table Global binoculars market by type 2016-2021 (% million units)
    • Global binoculars market by roof prism type
      • Table Global binoculars market by roof prism type 2016-2021 (million units)
    • Global binoculars market by Porro prism type
      • Table Global binoculars market by Porro prism type 2016-2021 (million units)
    • Global binoculars market by Galilean type
      • Table Global binoculars market by Galilean type 2016-2021 (million units)
  • Market segmentation by application
    • Global binocular market by application
      • Table Global binoculars market by application
      • Table Global binoculars market by application 2016-2021 (million units)
    • Global binoculars market in military
      • Table Global binoculars market by military 2016-2021 (million units)
    • Global binoculars market in wildlife observation and hunting
      • Table Global binoculars market by wildlife observation and hunting 2016-2021 (million units)
    • Global binoculars market in astronomy
      • Table Global binoculars market by astronomy 2016-2021 (million units)
    • Global binoculars market in others segment
      • Table Global binoculars market by others 2016-2021 (million units)
  • Geographical segmentation
    • Global binoculars market by geography
      • Table Global binoculars market by geography 2016-2021 (% share)
    • Binoculars market in Americas
      • Table Binoculars market in Americas 2016-2021 (million units)
      • Table Binoculars market in Americas 2016-2021 ($ million)
    • Binoculars market in APAC
      • Table Binoculars market in APAC 2016-2021 (million units)
      • Table Binoculars market in APAC 2016-2021 ($ million)
    • Binoculars market in EMEA
      • Table Binoculars market in EMEA 2016-2021 (million units)
      • Table Binoculars market in EMEA 2016-2021 ($ million)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Trends
  • Vendor landscape
    • Competitive scenario
    • Bushnell Corporation
      • Table Bushnell Corporation: Product overview
    • Celestron
      • Table Celestron: Product category overview
      • Table Celestron: Binoculars
      • Table Celestron: Recent developments
    • Nikon Corporation
      • Table Nikon Corporation: Product overview
      • Table Nikon Corporation: Recent developments
    • Steiner
      • Table Steiner: Product overview
      • Table Steiner: Recent developments
    • Vortex Optics
      • Table Vortex Optics: Product overview
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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