Introduction

Binoculars Statistics: It seems that binoculars have become a popular accessory all around the world. May I ask which brand of binoculars you are currently using? The two most common types of binoculars available in the market are Prism and Porro. The binocular market is driven by several factors such as technological advancements, the increasing popularity of outdoor recreational activities, a focus on lightweight and compact designs, integration of intelligent features, growing demands for multifunctional binoculars, and environmental sustainability. This Binoculars Statistics report provides all the relevant statistical information about binoculars to help you better understand the market.

[250 Pages Report] The global binoculars and mounting solutions market is expected to reach US$ 8.6 Billion in 2022. It is estimated to exhibit growth at a CAGR of 3.8% and surpass US$ 11.4 Billion from 2022 to 2032.

Report Scope

Get the sample copy of Binocular Market Report 2024 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Binocular Companies (Bushnell, Nikon, Tasco, Pulsar, Steiner, Zeiss, Olympus, Simmons, Leica, Canon, Ricoh, Meade Instruments, Kowa, Swarovski Optik, Celestron, Leupold, Alpen, Meopta, Opticron, Vixen, Lunt Engineering, Barska, Fujifilm, Levenhuk, Bosma, TianLang, Visionking, CAS Nanjing Astronomical Instruments, Yunnan Yuanjin Optical Instruments, Jaxy Optical Instrument), Market Segmented by Type (Roof Prism Binoculars, Porro Prism Binoculars, Night Vision Binoculars, Marine Binoculars), by Application (Astronomy, Wildlife Observation, Military & Defense, Hunting, Hiking, Nature Observation, Others), by Industry Vertical (Astronomical Equipment, Tourism &Adventure Accessories, Defense Equipment, Others), by Lens Coating Type (Single Coating Lens, Multi-coating Lens), by Magnification Type (1X, 2X, 3X, 4X, More than 4X)

This graph depicts the global binoculars market size in 2020 and provides a forecast for 2026. In 2020, consumer spending on binoculars amounted to 1.25 billion U.S. dollars.

After two years of growth, the U.S. binocular market decreased by -29.8% to $137M in 2023. Over the period under review, consumption continues to indicate a mild reduction. Binocular consumption peaked at $195M in 2022, and then dropped notably in the following year.

The value generated from the import of binoculars, monoculars, and telescopes in the United Kingdom decreased by 1.3 million British Pounds (-1.85 percent) since the previous year. Nevertheless, the last two years in this industry recorded a significant higher value than the preceding years.Depicted in this statistic is the imported value (expressed in British Pounds) relating to the 4-digit Harmonized Systems Product Code 9005. For the full definition behind this product code please visit the primary data source ITC Trademap.

Market Overview:

The global hunting binoculars market is projected to grow at a CAGR of 5.5% from 2022 to 2030. The growth in the market can be attributed to the increasing demand for hunting binoculars from emerging economies and the growing popularity of bird watching and other outdoor activities. The global hunting binoculars market is segmented based on type, application, and region. Based on type, the market is segmented into magnification 10, magnification 8, magnification 7, and other segments. The other segments include magnifications below 7 and above 10. Based on application, the market is segmented into hunting, training, and other applications such as wildlife viewing or nature observation.

Product Definition:

A Hunting Binocular is a type of Telescope that is designed for use by hunters. It typically has a magnification of 7x to 10x, which allows the user to see objects at a distance more clearly. Hunting binoculars are an important tool for hunters, as they allow them to get a better view of their surroundings and identify potential targets.

Magnification 10:

10 times power means 10 times the optical magnification. It is used to increase the apparent size of an object, which can be done by bringing the image closer to your eyes or by using a lens. Magnification is an important attribute in binoculars as it helps in increasing peripheral vision and depth perception, two essential attributes for hunting. Binoculars with higher magnification ranges are preferred more during hunting since they provide better clarity and sharpness resulting in improved performance while hunting.

Magnification 8:

8 times magnification is called Magnification 8. It is a type of optical magnification where the objective lens has been doubled in size and held at a fixed distance from the ocular lens. The advantage of using this type of magnification is that it can be used with both eyes, unlike other types such as 4 times or 10 times which are used only with one eye. This makes it easier to use for long periods without getting sore due to extended focusing distances.

Magnification 7:

Magnification 7 is the highest magnification level available on hunting binoculars. It offers a clear view of distant objects and makes it easier to identify the game. In addition, this magnification level makes it easier to spot small prey, such as rodents and birds.

Application Insights:

The other application segment accounted for the largest share of the global hunting binoculars market in 2014, as it is widely used by birdwatchers and wildlife enthusiasts. The training application is expected to grow at a significant rate over the forecast period. It has been observed that most professional athletes and sportspersons use these products for better vision during training or while playing games daily. These products help them improve their skills easily and quickly, which is likely to boost product demand in this segment over the next eight years.

The global rise in interest among people towards wildlife protection has led to an increase in the number of animal-watching activities across all major regions including North America, Europe, Asia Pacific etc., which will have a positive impact on industry growth over the next eight years.

Regional Analysis:

North America dominated the global market in terms of revenue share in 2019. The region is expected to retain its dominance throughout the forecast period owing to high demand for technologically advanced and high-performance binoculars from U.S., Canada, and Mexico wildlife tourists. Europe accounted for a significant share of global revenue due to the growing popularity of outdoor activities such as fishing, bird watching, trekking, camping etc. among European countries including Germany, France Italy and the U.K.

The Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR exceeding 5% over the forecast period on account of an increasing number of adventure sports destinations such as Mount Everest base camp trekking spot in the Himalayas; Machu Picchu hiking trail; K2 mountain climbing peak; Valley Of Flowers National Park near Srinagar city Kashmir India; Nanga Parbat summit climbing spot in Pakistan Himalayas, etc.

Growth Factors:

• Increasing popularity of outdoor activities, such as hunting and bird watching, is driving the demand for hunting binoculars.
• Growing awareness about the benefits of using hunting binoculars is propelling their adoption among hunters and bird watchers.
• Technological advancement

Digital Binoculars Market size was valued at USD 1.05 Billion in 2023 and is projected to reach USD 16.15 Billion by 2030, growing at a CAGR of 4.66% during the forecasted period 2024 to 2030.

The Digital Binoculars Market is being propelled by several key market drivers. Firstly, advancements in technology, particularly in imaging sensors and digital processing capabilities, are driving the development of digital binoculars with enhanced functionalities such as high-resolution imaging, image stabilization, and augmented reality overlays, thus catering to the demand for premium features among consumers. Secondly, the rising popularity of outdoor recreational activities like birdwatching, wildlife observation, and sports events is fueling the demand for digital binoculars equipped with features like long-range zoom and high-definition video recording, catering to enthusiasts and professionals alike. Thirdly, the growing interest in adventure tourism and outdoor exploration, coupled with increasing disposable incomes in emerging economies, is boosting the adoption of digital binoculars for travel and adventure purposes. Additionally, the integration of digital binoculars with connectivity features such as Wi-Fi and Bluetooth for seamless data sharing and remote control is further driving market growth, enhancing user experience and convenience. Finally, environmental conservation efforts and wildlife monitoring initiatives are also contributing to market expansion as digital binoculars play a crucial role in research, monitoring, and documentation activities, thus fostering demand from scientific and environmental sectors.

Dataintelo published a new report titled “Binoculars for Concerts Market research report which is segmented by Type (Porro Prism Binoculars, Roof Prism Binoculars, Compact Binoculars), by Price Range (Premium, Mid-Range, Budget), by Distribution Channel (Offline Stores and Online Retailers), by Application Area (Indoor Concerts and Outdoor Concerts), by Age Group (Children, Adolescents, Adults), by User Preference (Zoom binoculars, Fixed binoculars), by Players/Companies Nikon Corporation, Canon Inc., Bushnell Corporation, Leica Camera AG, Carl Zeiss AG, Swarovski Optik, Olympus Corporation, Vortex Optics, Celestron LLC, Pentax Corporation, Tasco Corporation, Steiner Optik GmbH, Alpen Optics, Meade Instruments Corporation, Bresser GmbH, Kowa Company Ltd., Barska Optics, Eschenbach Optik GmbH, Opticron, Fujifilm Holdings Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

Mexico Imports from Brazil of Binoculars, Monoculars, Other Optical Telescopes, Mountings was US$90 during 2014, according to the United Nations COMTRADE database on international trade. Mexico Imports from Brazil of Binoculars, Monoculars, Other Optical Telescopes, Mountings - data, historical chart and statistics - was last updated on July of 2024.

The Global Digital Binoculars Market size is projected to grow at a moderate CAGR of 5.4% during the forecast period, 2021-2028. The growth in this market can be attributed to factors such as an increase in demand for sports and bird watching binoculars with improved optical quality and high magnification levels, leading manufacturers launching new models of surveillance binoculars with enhanced features and reduced weight that are easy to carry around, growing defense budgets globally coupled with increasing development activities.

Digital binoculars are a type of monocular that is used by an individual and has enhanced functions such as magnification, lens quality, etc. Digital binoculars are generally used for outdoor activities such as sports events, bird watching, and also in surveillance purposes. The digital binoculars mainly comprise of two lenses that capture images and display them onto the screen placed on the right side.

On the basis of Type, the market is segmented into Below 7X, 8X, 9X, Above 10X.

Below 7X:

Below seven power-X is also known as  fixed magnification binoculars. These do not have the ability to zoom in or out, which means that these are used at a single fixed focus point (also known as infinity). This makes them ideal for bird watching because you need to sit and watch the birds rather than constantly readjusting your binoculars. Below seven X has an exit pupil of between 0.25mm – 0.50mm with a field view of between six meters -12 meters depending on the lens size.

8X:

Digital binoculars with a magnification of eight times allow you to see objects from a far distance as if they were closer. They often have ergonomic designs and are lightweight for easy transportability. Some models also come with image stabilization technology that helps correct hand jitters so your picture is always clear.

9X:

In binoculars, the magnification is determined by dividing the focal length of the objective lens (i.e., front lenses) by that of the eyepiece. For example, if a pair of binoculars has an objective with a 30-millimeter diameter and magnifies nine times, its designation will be "nine power". This would also mean that each eye sees only one-third as much because it essentially looks through a narrow tube having about ten mm in diameter.

Above 10X:

Above the regular range of seven to ten times, digital binoculars are up to 16X. They can be used for applications like high-magnification astronomy and Spotting Scopes. These devices tend to have a larger body with more sophisticated lenses than traditional binoculars in order to achieve better magnification power.

On the basis of Application, the market is segmented into Sports, Bird Watching, Surveillance, Defense.

Sports:

Digital binoculars for sports are used to give users a better view of the action on the field. The models with high magnification help in viewing small players and balls even from a great distance which may otherwise be difficult using naked eyes. Today, many coaches use digital binoculars to closely watch their team members' performance during training sessions or matches.

Bird Watching:

Digital binoculars are used by bird watchers to get better views of birds and other animals in their vicinity. Binoculars can be very helpful in viewing objects from a distance or for zoomed-in photos/videos. Usually, the focus is on larger birds that cannot really be seen without using powerful optics like binoculars.

Defense:

Digital binoculars are mostly used in the Defense sector. These devices help to enhance our vision and give us a clear picture of distant objects that we would not be able to see without them, like faraway targets. The digital technology allows for faster photo or video capturing with enhanced clarity, which is critical during combat situations.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

The North America's digital binoculars market is anticipated to grow during the forecast period. The growing demand for bird-watching equipment from sports enthusiasts, especially in countries such as the US and Canada is expected to drive this region's growth over the next few years. Furthermore, the rising demand for digital binoculars from the defense sector to conduct military operations is expected to fuel the growth of this market. Brazil, Me

Get the sample copy of Professional Binoculars Market Report 2024 (Global Edition) which includes data such as Market Size, Share, Growth, CAGR, Forecast, Revenue, list of Professional Binoculars Companies (Nikon, Bushnell, Eagle Optics, Tasco, Pulsar, Steiner, Zeiss, Olympus, Simmons, Leica, Canon, Ricoh, Meade Instruments, Kowa, Swarovski Optik, Celestron, Leupold, Alpen, Meopta, Opticron, Vixen, Lunt Engineering, Barska, Fujifilm, Levenhuk, Bosma, TianLang, Visionking), Market Segmented by Type (Infrared Binoculars, Other Prism Binoculars), by Application (Civil Use, Defense Militar)

61227 United States import shipment records of Binoculars with prices, volume & current Buyer’s suppliers relationships based on actual United States import trade database.

Rangefinder Binoculars Market size is expected to develop revenue and exponential market growth at a remarkable CAGR during the forecast period from 2024–2032.

2451 Active United States Binoculars buyers list and United States Binoculars importers directory compiled from actual United States import shipments of Binoculars.

Mexico Exports of binoculars, monoculars, other optical telescopes, mountings to Germany was US$420.11 Thousand during 2020, according to the United Nations COMTRADE database on international trade. Mexico Exports of binoculars, monoculars, other optical telescopes, mountings to Germany - data, historical chart and statistics - was last updated on July of 2024.

Mexico Imports from France of Binoculars, Monoculars, Other Optical Telescopes, Mountings was US$269 during 2018, according to the United Nations COMTRADE database on international trade. Mexico Imports from France of Binoculars, Monoculars, Other Optical Telescopes, Mountings - data, historical chart and statistics - was last updated on July of 2024.

China Exports of binoculars, monoculars, other optical telescopes, mountings to Israel was US$2.48 Million during 2023, according to the United Nations COMTRADE database on international trade. China Exports of binoculars, monoculars, other optical telescopes, mountings to Israel - data, historical chart and statistics - was last updated on July of 2024.