Market Highlights: Sport optics are the type of optics specifically used in sports activities. Sports optics not only useful for the players during sports but also assist the fans to experience the sports clearly. In the last few decades, the popularity of sports is raised among the people. The sports fans have been increased significantly, but the fans cannot clearly see what’s happening on the ground due to the large distance. Thus, sport optics assist them to enjoy the sports activities from their sitting position. In addition, sport optics are also being used for traveling and hunting applications, owing to its clarity and resolution. Based on the type, the market has been segmented into telescopes, binoculars, rifle scopes, and rangefinders. Based on the sports, the market has been segmented into shooting sports, golf, water sport, wheel sport, snow sport, horse racing, and others. The market study is being classified by Type (Telescopes, Binoculars, Rifle Scopes and Rangefinders) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Sports Optic are Nikon (Japan), Carl Zeiss AG (Germany), Leupold & Stevens, Inc. (United States), Bushnell Corporation (United States), Trijicon (United States), Celestron (United States), Burris Company, Inc. (United States), Leica Camera AG (Germany), Swarovski Optik KG (Austria) and American Technologies Network Corporation, Inc. (United States).
On 25 Sept 2018, NexOptic has introduced revolutionary sport optics device to replace binoculars. The company has designed the product for those who want to enhance and share their adventures in the great outdoors, at sports events, or while traveling. Using its Blade Optics lens designs, the device will deliver greatly improved resolution within the depth constraints of an exceptional, consumer-friendly product.
Key Questions Answered in the Report What will the Sports Optic Market size and the growth rate be in Future? What are the key factors driving the Sports Optic Market? What are the key market trends and macro-economic impacting the growth of the Sports Optic Market? What are the challenges to market growth? Who are the key vendors in the Sports Optic Market? What are the market opportunities and threats faced by the vendors in the Sports Optic Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Sports Optic Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sports Optic market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sports Optic market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sports Optic Manufacturers, Sports Optic Traders/Distributors, Sports Optic Importer/Exporter, Regulatory & Government Bodies, Industry Association and Downstream Vendors. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.