Tactical Optics Market by Product (Weapon Scopes & Sights, Handheld Sighting Devices, Cameras & Displays), Platform, Application (ISR, Target Acquisition & Identification, Border & Coastal Patrol), End Use, Range and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global tactical optics market size is projected to grow from USD 9.9 billion in 2021 to USD 13.0 billion by 2025, at a CAGR of 6.1% from 2021 to 2028.
Increased procurement of military equipment, modernization programs by militaries globally, and the need for remote weapon stations and turrets for armoured vehicles and naval ships are some of the factors that have supported long-term expansion for Tactical Optics Market.
Tactical Optics Market is segmented into product, platform, application, end use, range and geography.
Product segment is segmented into weapon scopes & sights, handheld sighting and devices and cameras and displays.
Platform segment is segmented into ground, naval and airborne.
Application segment is segmented into Intelligence, Surveillance, & Reconnaissance (ISR), target Acquisition & Identification, Search & Rescue and Border & Coastal Patrol.
End use segment is segmented into manned platform, weapon mounted, soldier and unmanned platform.
Range segment is segmented into short range (<3km), medium range (3-25) and long range (>25 km).
Geographically, Tactical Optics Market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions
Key players in Tactical Optics Market are Leonardo S.p.A. (Italy), BAE Systems plc (UK) Kongsberg Gruppen AS (Norway), Raytheon Company (US), Saab AB (Sweden), Sig Sauer, Inc. (US), Bushnell Corporation (US), and Leupold & Stevens, Inc. (US)
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 9.9 billion |
Growth Rate |
CAGR of 6.1% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
Report Segmentation |
product, platform, application, end use, range and geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Leonardo S.p.A. (Italy), BAE Systems plc (UK) Kongsberg Gruppen AS (Norway), Raytheon Company (US), Saab AB (Sweden), Sig Sauer, Inc. (US), Bushnell Corporation (US), and Leupold & Stevens, Inc. (US) |
Available Customization |
In addition to the market data for Tactical Optics Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |