Binoculars Market 2019-2023 | Popularity of Outdoor Activities to Boost Growth | Technavio

Our binoculars market report covers the following areas:

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Business Wire, Inc.Business Wire, Inc.
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Friday, March 27, 2020
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Retail, Other Retail, Companies, Optics, Binoculars, Articles, Nikon, Bino, Benchmarking, Vortex Optics, Marketing strategy, Celestron, Marketplace, Vista Outdoor
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Summary
Key Points: 
  • Our binoculars market report covers the following areas:
    This study identifies increased demand for multifunctional binoculars as one of the prime reasons driving the binoculars market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the Binoculars Market, including some of the vendors such as BERETTA HOLDING, Celestron, Nikon, VISTA OUTDOOR OPERATIONS and Vortex Optics.
  • Backed with competitive intelligence and benchmarking, our research reports on the Binoculars Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.


Technavio has been monitoring the binoculars market and it is poised to grow by USD 196.06 million during 2019-2023, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request latest free sample report of 2020-2024

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Technavio has published a latest market research report titled Global Binoculars Market 2019-2023 (Graphic: Business Wire)

Technavio has published a latest market research report titled Global Binoculars Market 2019-2023 (Graphic: Business Wire)

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BERETTA HOLDING, Celestron, Nikon, VISTA OUTDOOR OPERATIONS, Vortex Optics are some of the major market participants. The popularity of outdoor activities will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Popularity of outdoor activities has been instrumental in driving the growth of the market.

Binoculars Market 2019-2023 : Segmentation

Binoculars Market is segmented as below:

  • Application
    • Military
    • Wildlife observation and hunting
    • Astronomy
    • Others
  • Type
    • Roof prism binoculars
    • Porro prism binoculars
    • Galilean binoculars
  • Geographic Landscape
    • Americas
    • APAC
    • EMEA

To learn more about the global trends impacting the future of market research, download latest free sample report of 2020-2024: https://www.technavio.com/talk-to-us?report=IRTNTR30269

Binoculars Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our binoculars market report covers the following areas:

  • Binoculars Market Size
  • Binoculars Market Trends
  • Binoculars Market Industry Analysis

This study identifies increased demand for multifunctional binoculars as one of the prime reasons driving the binoculars market growth during the next few years.

Binoculars Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Binoculars Market, including some of the vendors such as BERETTA HOLDING, Celestron, Nikon, VISTA OUTDOOR OPERATIONS and Vortex Optics. Backed with competitive intelligence and benchmarking, our research reports on the Binoculars Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.

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Binoculars Market 2019-2023 : Key Highlights

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will assist binoculars market growth during the next five years
  • Estimation of the binoculars market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behaviour
  • The growth of the binoculars market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of binoculars market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Military - Market size and forecast 2018-2023
  • Wildlife observation and hunting - Market size and forecast 2018-2023
  • Astronomy - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Roof prism binoculars - Market size and forecast 2018-2023
  • Porro prism binoculars - Market size and forecast 2018-2023
  • Galilean binoculars - Market size and forecast 2018-2023
  • Market opportunity by type

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increased demand for multifunctional binoculars
  • Growing tourism industry
  • Growing popularity of bird watching as a citizen science

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BERETTA HOLDING
  • Celestron
  • Nikon
  • VISTA OUTDOOR OPERATIONS
  • Vortex Optics

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations

PART 16: EXPLORE TECHNAVIO

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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