Spotting Scope Market to grow by USD 227.53 million from 2023 to 2028; Rising interest in outdoor activities to drive the growth- Technavio


NEW YORK, Nov. 27, 2023 /PRNewswire/ — The spotting scope market is expected to grow by USD 227.53 million from 2023 to 2028. However, the growth momentum of the market will progress at a CAGR of 4.86% during the forecast period. The market is segmented by end-user (civil, defense, and law enforcement), type (straight body spotting scope and angled body spotting scope), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Technavio has announced its latest market research report titled Global Spotting Scope Market 2024-2028

The rising interest in outdoor activities is a key factor driving market growth. The fastest-growing outdoor activities in the world are bird watching and wildlife observation. Many people have become fascinated with nature and are searching for high-quality cameras, like spot scopes, to improve their experience. Furthermore, outdoor activities and nature-based tourism are supported by the growing travel and tourism industry, including an emerging ecotourism sector.

The report analyses the market size and growth and provides accurate predictions on the growth of the market. View Free PDF Sample Report

Key Highlights:

  • The report recognizes the following as some of the key players in the spotting scope market: Athlon Optics, Barride Optics Co. Ltd., Bresser GmbH, Carl Zeiss Stiftung, Celestron Acquisition LLC, Enjo Sports Inc., Foreseen Optics Instrument Co. Ltd., Hawke Optics Ltd., Konus italia Group S.p.a., Kowa Co. Ltd., Leica Camera AG, Leupold and Stevens Inc., Meopta Optica S.R.O, Nikon Corp., Ricoh Co. Ltd., Swarovski AG, Vanguard World LLC, Vista Outdoor Inc., Vortex Optics, and Wetzlar Network
  • Spotting Scope Market is fragmented in nature.
  • Market to observe 4.42% YOY growth in 2024.

Market Dynamics:

Major Trend

  • Increased demand for a multifunctional spotting scope is a major trend in the market.
  • To increase awareness and attract more clients, market participants are focused on innovative technologies to raise the customer base and demand for their products.
  • Furthermore, market players are assisting in introducing innovative concepts that focus on functionalities, convenience, and quality by using upgraded technologies for the production and design of products.

Significant Challenge

  • The presence of counterfeit spotting scopes is a significant challenge restricting market growth.
  • The presence of counterfeit products can lead to market confusion, and it is difficult for consumers to distinguish between real and fake spotting scopes.
  • Customers who purchase counterfeit products may have negative experiences and associate these experiences with real brands.
  • In addition, there can be risks to the supply chain if counterfeit products appear on the market.

The report also covers information on upcoming trends and challenges. Explore detailed information by purchasing a report

Keg Segments:

  • The civil segment will account for a major share of the market’s growth during the forecast period. Over the last few years, the use of spotting scopes has increased, from being used only to detect areas such as filming. Since camera lenses are so expensive, hobbyist photographers have begun to accept the use of comparatively cheaper spotting scopes using a combination adapter for DSLR or phone cameras because they can be used at much lower costs.

Get a glance at the market contribution of the segments, Request a Sample  Report

Related Reports:

The small unmanned aerial vehicle (SUAV) market size is estimated to grow at a CAGR of 13.91% between 2023 and 2028. The market size is forecast to increase by USD 11,206.43 million

The commercial drone market size is forecast to increase by USD 44.85 billion between 2022 and 2027, accelerating at a CAGR of 38.97%. 

Spotting Scope Market Scope

Report Coverage


Base year


Historic period


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 4.86%

Market growth 2024-2028

USD 227.53 million

Market structure


YoY growth 2022-2023 (%)


Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, Canada, China, France, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks


Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by End-User

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis


About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.


Technavio Research

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Global Spotting Scope Market 2024-2028

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