Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+ Industry Domains
Report
Press Release
Blogs
Industry Statistics
Add 2 More Reports For 20% off

Report Overview

The global riflescopes market was valued to reach a market size of USD 6.75 Billion in 2024. The industry is expected to grow at a CAGR of 5.30% during the forecast period of 2025-2034. The main drivers of the riflescopes market are the increasing demand for outdoor activities such as hunting, shooting sports, and tactical operations. Furthermore, technological advancements, including improved optics, digital features, and rugged designs, are driving the market forward because consumers are seeking more precise and high-performance scopes for enhanced accuracy and experience, thus aiding the market growth to attain a valuation of USD 11.31 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Riflescope manufacturers are increasingly integrating digital and smart technologies, such as thermal imaging and range-finding capabilities, to offer more advanced features. This shift appeals to military, law enforcement, and professional hunters, enhancing precision and decision-making in critical scenarios.
  • B2B customers, particularly defense and law enforcement customers, want customized riflescope solutions for their specific operational needs. This will push manufacturers to offer modular designs that can be adapted for easy interchangeability, such as changing reticles or magnification power, for added flexibility and performance, thus augmenting growth in the riflescopes market.
  • Military and law enforcement organizations are using high-performance riflescopes for the rising growth of defense expenditure and an interest in specialized optics. For B2B prospects, manufacturers of scopes should work toward developing rugged high-precision riflescopes as per the specific demands of present-day tactical missions in a vast variety of different environments.

Compound Annual Growth Rate

Value in USD Billion

5.3%

2025-2034


Riflescopes Market Outlook

*this image is indicative*

Riflescopes Market Overview

The riflescopes market has been steadily gaining momentum due to higher demand in areas such as hunting, shooting sports, law enforcement, and military applications. Other key drivers include the growth in tactical and precision shooting sports as interest in outdoor recreational activities continues to grow along with the need for accuracy and high performance. These include night vision, thermal imaging, and ballistic calculators as technological improvements are changing the landscape of the industry, which offers its users more robust features and performance.

The new trends in rifle scopes include being compact and light riflescopes, which can be quite versatile and portable, and above all, most of the riflescope nowadays are tactical. Buying and selling of guns and accessories online continues to expand and increase market outreach to grow the sales further, which in turn shapes the riflescopes demand growth.

It is also a huge market in emerging economies, as there is greater interest in hunting and outdoor sports and modernization efforts of militaries that increase demand for quality riflescopes. The innovators, who are the leaders, include Leupold & Stevens, Vortex Optics, and Swarovski, which are product diversifiers to cover diverse price points and performance requirements. Military, law enforcement, and sports organization partnerships are strategic collaborations that open up new growth platforms in the competitive landscape.

Global Riflescopes Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Riflescopes Market Growth

The global market for riflescopes has been increasing due to increased demand for precision attack technology. With technical advancement and improvement on the rise, it is expected to boost the profits for the industry of riflescopes. Other technological advancements like the integration of night vision goggles with riflescopes and smart riflescopes will stimulate the innovation of new, more technologically advanced riflescopes.

Rising demand for advanced hunting equipment, in conjunction with increased popularity of hunting and shooting sports, is also enhancing the growth of the riflescopes market. The rising availability of more technologically advanced riflescope with thermal imaging will further induce growth in the demand for riflescopes. Increased spending by the government on the defence and military sector will also propel growth in the riflescopes industry.

The growth of the market for riflescopes can be attributed to a rise in inter-border conflicts, terrorist activities and increased spending by governments on defensive and military gears. The emerging global investments being made in terms of purchasing improved automatic weapons meant to replace some of the oldest and conventional kinds of weapons on the market shall also fuel riflescope market expansion.

Key Trends and Developments

Riflescopes Market Opportunities

Riflescopes present several opportunities to grow and innovate. Technological advancements offer new opportunities for high-performance scopes by manufacturers with integrations of features such as smart reticles, ballistic calculators, and thermal imaging, offering both tactical professionals and recreational shooters a chance at using the technology. The custom-fit riflescopes for specific end-user needs-such as for hunting or for long-range shooting-are highly promising, thus opening up opportunities in the riflescopes market.

At the same time, a trend for more compact and lighter versions of their gear with easier mobility opens space for further development of tactical gear and hunting optics. However, growth in shooting sports and widening of the defense industry are supporting precision optics demand. Emerging markets in Asia Pacific and Latin America also offer an opportunity for growth, as outdoor sporting activities and military modernization further strengthen their presence. The shift in sales to the online platform also opens more room for growth in direct-to-consumer models.

Riflescopes Market Trends

Technology developments and changing user perception have contributed to major trends in the market for riflescopes. Integration of rangefinders, ballistic calculators, night vision capabilities, and further features within a riflescope are included under Smart and Digital Integration.

Customization has emerged as the trend. A user wants adjustable reticles in riflescopes, or an adjustable magnification, or other customizable options suited to a certain requirement in specific markets such as military and tactical use. Even the demand itself is shifting to compact and lightweight designs, at least in the tactical and law enforcement where lightness and easy portability tend to be supreme. Sustainability becomes more important as well, and there is an increasing focus on the use of environmentally friendly materials and on optics that are as energy friendly as possible, thereby forming new trends in the riflescopes market.

Lastly, online retail is opening access to riflescope products. This means direct-to-consumer sales and better pricing models. These trends are molding the future of the riflescope market, which will cater to professional and recreational users alike.

Riflescopes Market Restraints

The riflescopes market is further constrained by high production costs, which make the product unaffordable for some consumers and thus limits market penetration. Advanced riflescopes may be technologically complex, which can increase their prices and make them inaccessible to budget-conscious buyers. Regulatory challenges surrounding the sale and use of riflescopes, especially in regions with strict firearm regulations, can limit riflescopes market expansion. 

Consumer ignorance about high-technology features may further hold back the adoption of such products, as is the case with digital scopes or thermal imaging. Competitive forces from other optical products-such as binoculars and cameras-might affect the overall market share of specialized riflescopes, especially in non-hunting sectors.

Global Riflescopes Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Riflescopes Industry Segmentation

“Riflescopes Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

By sight type, the market is divided into:

  • Telescopic
  • Reflex

Based on technology, the market includes:

  • Electro Optic
  • Thermal Imaging
  • Laser

The leading application of the product includes:

  • Hunting
  • Armed Forces
  • Shooting Sports

Market Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Riflescopes Market Share

Market Analysis by Type

As per riflescopes market analysis, Both telescopic and reflex sights are witnessing popularity in the riflescopes market due to unique advantages. Long-range shooting with telescopic sights is very high, which brings in greater magnification and precision to the sight. It is extremely popular in hunting, tactical, and competitive shooting sports. On the other hand, reflex sights are growing in popularity due to the fact that they operate rather quickly, giving a wider field of view, which is good when it comes to close-quarters combat and high-speed shooting. Both of these sight types increasingly feature advanced features that include red-dot technology, adjustable reticles, and night vision capabilities, appealing to a larger audience of consumers that includes military, law enforcement, and recreational shooters.

By Technology Analysis

Electro-optic, thermal imaging, and laser technologies are the most popular in the riflescopes market due to their advanced features and enhanced performance.

Electro-optic scopes integrate digital technologies such as ballistic calculators, rangefinders, and smart reticles, which improve accuracy and efficiency, especially in long-range shooting and tactical operations. These scopes appeal to both military and recreational shooters seeking precision and advanced functionalities, thus boosting demand in the riflescopes market.

Thermal imaging scopes have become a trendy device with heat signature detection and are quite helpful in low light or at night, and with superior target visibility under challenging conditions, it makes these devices pretty adopted in the law enforcement and security sectors.

Laser riflescopes have rapid target acquisition through laser rangefinders, and are popularly used in competitive shooting and military applications. The precision and speed of laser technology contribute to its growing demand in various markets.

Market Insights by Application

As per riflescopes industry analysis, hunting, armed forces, and shooting sports are some of the primary applications for riflescopes and have thus become key drivers for demand in high-end optics. Riflescopes significantly enhance the accuracy in hunting for both long-range and low-light applications, hence, essential to any hunter. Armed forces rely on high-performance riflescopes for precision shooting, target acquisition, and tactical operations and require advanced features like thermal imaging and ballistic calculators. In shooting sports, especially competitive and recreational shooting, the rifle scope is necessarily an essential tool in getting accuracy, consistency, and speed in target engagement. These are also the market drivers for all three sectors-resulting from advancements in technology such as digital optics, night vision, and smart features.

Riflescopes Market Regional Insights

North America Riflescopes Market Dynamics

The market for riflescopes in North America is being driven by the increasing popularity of hunting and shooting sports. Strong outdoor traditions, along with an ever-growing number of enthusiasts participating in shooting sports like long-range precision shooting, are driving the market. Military and law enforcement applications also contribute to the demand as higher-performance optics are required for tactical operations and national defense.

Asia Pacific Riflescopes Market Trends

The Asia Pacific riflescopes industry is on the rise as the demand for riflescopes, especially in the emerging economies of China and India, with the military modernization and shooting sport participation of citizens. Japan, South Korea, and Australia have also added to the increasing demand for this product, particularly due to increased participation in recreational shooting and hunting. The key trend here would be affordable but quality riflescopes.

Europe Riflescopes Market Drivers

Europe is showing an upward trend due to the growing interest in hunting across various nations, with the UK, Germany, and France being major markets. Regulations and innovations that encourage sustainable hunting practices are also helping fuel the adoption of high-tech optics like advanced and lightweight, eco-friendly riflescopes. Military forces across Europe are also adopting more advanced forms of optics for precision in operations, thus adding fuel to the demand.

Latin America Riflescopes Market Opportunities

The Latin America riflescopes market is growing due to an increased interest in shooting sports and hunting activities in countries like Brazil and Argentina. Moreover, increasing security concerns are driving the demand for precision riflescopes in law enforcement and military applications. The demand for affordable, high-performance scopes for both recreational use and defense purposes is expanding the market in the region.

Middle East and Africa Riflescopes Market Outlook

There is growing demand within the Middle East and Africa region, especially because countries such as the UAE and Saudi Arabia are boosting their military investment and modernization efforts. Countries within this region seek advanced riflescopes for defense applications and tactical operations. Precision optics, such as high magnification power binoculars and spotting scopes, are in growing demand to support hunting within parts of North Africa and the Middle East in often harsh environments.

Competitive Landscape

Riflecopes market players are innovating and pushing the boundaries with new technology, including thermal imaging, digital features, and ballistic calculators to enhance performance. They look forward to increasing demand for customizable, lightweight, and high-precision optics in the hunting, military, and shooting sports sectors. Riflescopes companies are also increasing their online retail channels, strategic partnerships, and geographical expansion to cater to the diverse needs of consumers and tap into emerging market opportunities.

Leupold and Stevens, Inc.

Founded in 1907 and based in Beaverton, Oregon, Leupold is a high-performance riflescope company known for advanced optics, thermal imaging, and durability. Their product line includes hunting, tactical, and long-range scopes such as the VX-5HD and Mark 5HD.

Bushnell

Founded in 1948, Overland Park, Kansas-based Bushnell is one of the largest manufacturers of riflescopes for hunting, tactical use, and sports shooting. Some of the most popular models include the Elite Tactical series and the Banner scope, both emphasizing precision and affordability.

Burris Company

Founded in 1971 and based in Greeley, Colorado, Burris specializes in tactical, hunting, and long-range riflescopes. Their offerings include Fullfield E1, XTR III, and Veracity series, combining cutting-edge optics with durable designs for various shooting applications.

Nikon Corporation

Founded in 1917, Nikon has its headquarters in Tokyo, Japan. Nikon produces top-of-the-line riflescopes for hunting and shooting sports. The company's MONARCH and P-Tactical series have been engineered to deliver crystal-clear, precise, and rugged products with the most advanced optical technologies for outdoor enthusiasts.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include Navistar, Inc., among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 6.75 Billion.

The riflescopes market is assessed to grow at a CAGR of 5.30% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 11.31 Billion by 2034.

The major market drivers include the surging prevalence of terrorism and terrorist activities, rising demand for advanced hunting equipment, and increasing spending by the government on the defence and military sector.

The rise in demand for riflescopes from the leading armed forces, surging demand for precision attack technology, and technological advancements and innovations are the key trends propelling the market growth.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major sight types included in the market report are telescopic and reflex.

Electro optic, thermal imaging, and laser are the various technologies considered in the market report.

Hunting, armed forces, and shooting sports are the different applications of the product.

The major players in the market are Leupold and Stevens, Inc., Bushnell, Burris Company, Nikon Corporation, and Navistar, Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Sight Type
  • Technology
  • Application
  • Region
Breakup by Sight Type
  • Telescopic
  • Reflex
Breakup by Technology
  • Electro Optic
  • Thermal Imaging
  • Laser
Breakup by Application
  • Hunting
  • Armed Forces
  • Shooting Sports
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Leupold and Stevens, Inc.
  • Bushnell
  • Burris Company
  • Nikon Corporation
  • Navistar, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Single User License

10 % Off

USD

3,999

3,599

Datasheet

10 % Off

USD

2,499

2,249

Five User License

15 % Off

USD

4,999

4,249

Corporate License

15 % Off

USD

5,999

5,099

Single User License

One User

USD 3,999

USD 3,599

tax inclusive*

  • All Segments
  • Printing Restrictions
  • PDF Delivered via Email
  • Custom Report Layout
  • Post Sales Analysts Support
  • Periodic Updates
  • Unlimited Prints

Datasheet

One User

USD 2,499

USD 2,249

tax inclusive*

  • Selected Segments
  • Printing Restrictions
  • Excel Spreadsheet Delivered via Email
  • Full Report
  • Periodic Updates
  • Post Sales Analysts Support
  • Unlimited Prints

Five User License

Five User

USD 4,999

USD 4,249

tax inclusive*

  • All Segments
  • Five Prints Available
  • PDF Delivered via Email
  • Limited Free Customization
  • Post Sales Analyst Support
  • Custom Report Layout
  • Periodic Updates
  • Unlimited Prints

Corporate License

Unlimited Users

USD 5,999

USD 5,099

tax inclusive*

  • All Segments
  • Unlimited Prints Available
  • PDF & Excel Delivery via Email
  • Limited Free Customization
  • Post Sales Analysts Support
  • Discount On Next Update
  • Custom Report Layout

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Bundle Type

Flash Bundle

20% OFF Number of Reports: 3

Small Business Bundle

25% OFF Number of Reports: 5

Growth Bundle

30% OFF Number of Reports: 8

Enterprise Bundle

35% OFF Number of Reports: 10
Overview
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 80 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards
  • Life Time Access
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 100 Hours
  • Complimentary Free 1 Month Subscription to Trade Data Base
  • Complimentary One Month Subscription to Price Database (Chemicals only)
  • Complementary PPT Version of the Report
  • Complimentary License Upgrade
  • Complimentary Power BI Dashboards

*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*

Flash Bundle

Number of Reports: 3

20%

tax inclusive*

  • 3 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade
  • Free Analyst Hours

Small Business Bundle

Number of Reports: 5

25%

tax inclusive*

  • 5 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • Complimentary Excel Data Set
  • PPT Version of the Report
  • Power BI Dashboards
  • License Upgrade

Growth Bundle

Number of Reports: 8

30%

tax inclusive*

  • 8 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Free Analyst Hours - 80 Hours
  • Power BI Dashboards

Enterprise Bundle

Number of Reports: 10

35%

tax inclusive*

  • 10 Reports Included
  • Life Time Acess
  • Analyst Support Related to Report
  • PDF Version of the Report
  • Complimentary Excel Data Set
  • Free Analyst Hours - 50 Hours
  • Free 1 Month Subscription to Trade Data Base
  • 1 Month Subscription to Price Database (Chemicals only)
  • License Upgrade
  • Power BI Dashboards
  • Free Analyst Hours - 100 Hours

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-723-689-1189

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63-287-899-028, +63-967-048-3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-723-689-1189

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124