Global Binoculars Market Size, Status and Forecast 2018-2025

SKU ID : QYR- 12348617

Publishing Date : 26-Sep-2018

No. of pages : 111

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  • This report focuses on the global Binoculars status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Binoculars development in United States, Europe and China.

    Binoculars are a pair of identical or mirror-symmetrical telescopes mounted side-by-side and aligned to point accurately in the same direction, allowing the viewer to use both eyes ( binocular vision ) when viewing distant objects. Binoculars have countless practical applications for both hobbyists and professionals.
    The binoculars industry concentration is relatively low and high-end products are mainly from US and EU. In 2016, the top ten sales volume market share was 34.68 %. In the world wide, most manufacturers are distributed in EU, US, Japan and China. US has a long history and unshakable status in this industry, like Bushnell and Tasco, both have perfect products. And in EU, the Pulsar, Steiner and Zeiss are among the giant manufacturers. As for China, Bosma lead the industry, followed by TianLang and Visionking.
    The binocular are used in hunting & shooting series, outdoor series, marine series and tactical and military series. The main application is outdoor segment, which accounts for about 35.44% in 2016. The second application is the hunting & shooting filed with consumption volume market share 20.50% in 2016.
    All manufacturers in the world are committed to the improvement of their product. Chinese manufacturers can almost catch up with the world's leading technology too.
    Fifth, we tend to believe this industry is now close to mature, and the degree of increasing consumption will show a smooth curve. All manufacturers in the world are committed to the improvement of their product. Chinese manufacturers can almost catch up with the world's leading technology too. On product prices, the slow downward trend in recent years will maintain in the future, as competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in the gross margin.
    In 2017, the global Binoculars market size was 1220 million US$ and it is expected to reach 1350 million US$ by the end of 2025, with a CAGR of 1.3% during 2018-2025.

    The key players covered in this study
    Bushnell
    Nikon
    Tasco
    Pulsar
    Steiner
    Zeiss
    Olympus
    Simmons
    Leica
    Canon
    Ricoh
    Meade Instruments
    Kowa
    Swarovski Optik
    Celestron
    Leupold
    Alpen
    Meopta
    Opticron
    Vixen
    Lunt Engineering
    Barska
    Fujifilm
    Levenhuk
    Bosma
    TianLang
    Visionking
    CAS Nanjing Astronomical Instruments
    Yunnan Yuanjin Optical Instruments
    Jaxy Optical Instrument

    Market segment by Type, the product can be split into
    Roof Prism Binoculars
    Porro Prism Binoculars
    Others

    Market segment by Application, split into
    Hunting & shooting Series
    Outdoor Series
    Marine Series
    Tactical and Military Series
    Others

    Market segment by Regions/Countries, this report covers
    United States
    Europe
    China
    Japan
    Southeast Asia
    India
    Central & South America

    The study objectives of this report are:
    To analyze global Binoculars status, future forecast, growth opportunity, key market and key players.
    To present the Binoculars development in United States, Europe and China.
    To strategically profile the key players and comprehensively analyze their development plan and strategies.
    To define, describe and forecast the market by product type, market and key regions.

    In this study, the years considered to estimate the market size of Binoculars are as follows:
    History Year: 2013-2017
    Base Year: 2017
    Estimated Year: 2018
    Forecast Year 2018 to 2025
    For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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