Tactical Optics Market Analysis: Size, Share, and Growth Forecast Till 2028


Posted September 13, 2023 by DelvensUSA

The 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.

 
The Tactical Optics Market study report provides an inclusive breakdown of the Tactical Optics Market size across the world as regional and nation-level market size evaluation, CAGR estimation of market growth during the forecast period, revenue, key drivers, competitive background, and sales examination of the financiers. Along with that, the report clarifies the foremost challenges and risks to face in the forecast period. This Tactical Optics Market research report gives a helpful view regarding the economic outlook of the international market. It comprises a detailed picture of the segment demonstration of the key universal players working in the market. The research analysis also prepares historical records with profit expectations during the estimated period and, the business producing of the prominent industrialists are also underlined with methodological records in the report.
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)
Market Overview
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.
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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.
Key Findings
• 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 (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
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Competitive Landscape
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)
• Leupold & Stevens, Inc. (US)

Reasons to Acquire
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Tactical Optics market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Issued By Delvens
Country United Kingdom
Categories Business , Reports , Research
Last Updated September 13, 2023