1. Market Research
  2. > Leisure
  3. > Sports Market Trends
Sports Optic Market by Products, Games And Geography - Global Forecast to 2024

Sports Optic Market by Products, Games And Geography - Global Forecast to 2024

  • April 2019
  • 113 pages
  • ID: 5763712
  • Format: PDF


Table of Contents

Search Inside

Sports optic market to grow at a CAGR of 2.71% from 2019 to 2024
The sports optic market is projected to reach USD 1.8 billion in 2019 and is expected to reach USD 2.1 billion by 2024 growing at a CAGR of 2.71% during that period. The expected market growth can largely be attributed to enhanced fan engagement/experience. Further, superior performance specifications such as clarity, sharpness, portability, and magnification, and size are also driving the sports optic market. Moreover, increasing games using sports optic and emerging application in sports technology are expected to fuel the growth of the market in the coming years. Competition from in-house entertainment systems is acting as a major challenge for the growth of the sports optic market.

Sports binoculars market to hold largest size in sports optic market during forecast period
Binocular is a universal product used by spectators in all types of games.Currently, binoculars come in different ranges where people can experience 3D view and high-tech binoculars that are designed to experience the high quality of distant image, boosting the market for binoculars especially in shooting sports, golf, and horse racing.

In recent years, video LCD binoculars and hands-free binoculars have also gained high traction in the sports industry.

Water sports to grow at highest CAGR in sports optics market during forecast period
Demand for sports optic is growing at a fast rate because of increasing participation for water sports across all age groups and outdoor recreational activities. Factors such as water sport facilities, advancement in water sports infrastructure and technological advancement of sports optics product used in water sports are expected to drive the sports optic market for water sports.

North America accounted for largest share in sports optic market during forecast period
North America, being the early adopter of advanced sports optic products, accounts for the largest share of the sports optic market followed by Europe and APAC.The growth of the sports optic market in the region can be attributed to the presence of several major market players in the region.

North American companies have been contributing to the evolution and development of sports optic to gain competitive advantage and increase their business productivity.Governments in the region have increased their spending on gaming infrastructure, which has fuelled the market for sports optic in the region.

Moreover, high number of golf courses in the US is also boosting the demand for sports optics (especially rangefinders) in the region. (US).

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 30%, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level Executives – 32%, Directors – 38%, and Others – 30%
• By Region: North America – 35%, Europe - 31%, APAC – 26%, and RoW – 8%

Key players in the sports optic market include Nikon (Japan), Carl Zeiss (Germany), Leupold & Stevens (US), Bushnell (US), Trijicon (US), Celestron (US), Burris (US), Leica Camera (Germany), Swarovski Optik (Austria), and ATN (US). The study includes an in-depth competitive analysis of these key market players, with their company profiles, recent developments, and key market strategies.

Research Coverage:
• The study covers the sports optic market. It aims at estimating the market size and growth potential of this market, across different segments, such as products, games, and region. The study also includes an in-depth competitive analysis of key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall sports optic market and its sub-segments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Sports Medicine Market: Focus on Products, Applications and 24 Countries Data: Analysis and Forecast, 2019-2026

Global Sports Medicine Market: Focus on Products, Applications and 24 Countries Data: Analysis and Forecast, 2019-2026

  • $ 5000
  • March 2019

Global Sports Medicine Market to Reach $9.25 billion by 2026Sports play an important part in the development of an individual and society.Sports is a physical activity which inculcates discipline, activeness, ...

Global Fitness and Recreational Sports Centers Market 2019-2023

Global Fitness and Recreational Sports Centers Market 2019-2023

  • $ 2500
  • March 2019

About this marketMany corporates provide gyms or fitness centers within the company premises for employees. Moreover, the companies undertake various health-related initiatives as they believe that the ...

Cycling Wear Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2024

Cycling Wear Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2024

  • $ 4795
  • February 2019

The report on the global cycling wear market provides qualitative and quantitative analysis for the period from 2016 to 2024.The report predicts the global cycling wear market to grow with a CAGR of 7.30% ...

Youth Sports Video Market $ 4400 February 2019


Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on