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Global Digital Binoculars Market by Type (Below 7X, 8X, 9X, Above 10X), By Application (Sports, Bird Watching, Surveillance, Defense) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CG-67
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 61
  • No. Of Pages: 234
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  • Pub. Date: 2021-03-01
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The Global Digital Binoculars Market size is expected to grow at a CAGR of 5.66% by 2028. The research group states that the growth in this segment can be attributed to the increase in demand for high-quality optics with advanced features such as HD video recording and GPS tracking.

Digital binoculars, also known as electronic or digital monoculars, are a type of telescope that has replaced the traditional analog design. Digital binoculars offer greater magnification powers and are equipped with high-resolution digital displays in order to show an image on a screen rather than through eyepieces like other types of telescopes. These devices have found popularity among bird watchers due to their ability to record HD video for later viewing.

Digital binoculars are used in many different applications, including for sports (e.g., football), bird watching, and surveillance. These devices offer an advantage over traditional analog models because they can provide a higher magnification power with more advanced features such as HD video recording and GPS tracking. The optics on digital binoculars also allow them to produce sharper images than their predecessors. The increase in demand for high-quality optics has led manufacturers producing these products to introduce new designs that incorporate advancements such as HD video recording and GPS tracking into the design of digital binoculars.


On the basis of Type, the market is segmented into Below-SevenX, EightX, NineX, and Above Ten X.


Below SevenX Digital Binoculars:

Below-SevenX digital binoculars are those that have a magnification power below seven times the naked eye. These devices typically range from three to five X magnifications, and they provide an advantage in size when compared with other models of this type. They also often include optical zoom features for closer detail as well as waterproofing capabilities that allow them to be used under more challenging conditions such as rain or foggy weather. A major limitation of Below-SevenX digital binoculars is their tendency to distort images at high levels of magnification because they do not use lenses designed specifically for these products. This distortion can make it difficult to identify objects far away even if the device provides sufficient resolution up close., bird watching, and surveillance.


EightX Digital Binoculars:

Digital binoculars with a magnification of eight X are the most popular by far, as they provide more than enough light-gathering power for general use. They often include optical zoom features that allow them to be used under challenging conditions such as rain or foggy weather., and can also be purchased at lower prices because these devices are produced in much greater numbers. The major limitation of EightX digital binoculars is their tendency to distort images at high levels of magnification due to lens design limitations. It can also create problems when trying to take a long-range photograph where framing may require adjustments before taking the shot.


NineX Digital Binoculars:

As with EightX binoculars, NineX devices have a large zoom range which allows for observation at a distance and details close up. The main difference between the two magnification levels is that NineX digital binoculars have optical periscopes to correct distortion problems from higher magnifications. Due to lens design limitations, these devices can create some imaging problems when trying to take long-range photographs where framing may require adjustments before taking the shot., but this issue is not present on SevenX or below products because they do not use lenses designed for high magnification. Rainy weather conditions are also less of an issue due to their water-resistant coatings in most cases.


Above TenX Digital Binoculars:

Digital binoculars with magnification levels above ten times are typically used by scientists or specialists who need to observe subjects at great distances. Similar to their lower-magnification counterparts, these devices use lenses designed for high magnifications that can create distortion problems when taking photographs from a long distance away, but this is less of an issue than in higher power models because they don't require as many framing adjustments before the photograph. The main difference between NineX and TenX digital prismatic binoculars is that they have one lens periscope rather than two and offer no corrective capabilities for chromatic aberration distortions like all other level products do. The objective size also increases considerably on TenX compared to NineX items which makes them more expensive.


On the basis of Application, the market is segmented into Sports, Bird Watching, Surveillance, and Defense. The Sports segment is expected to dominate the market in terms of revenue generation with a significant growth rate during the forecast period. In sports, these feature-rich digital binoculars provide the viewer with superior vision and imaging in order to make critical decisions during game situations. The use of digital binoculars in the defense industry will be increasing which can be seen from their high demand for surveillance purposes like reconnaissance missions or aerial observation post tasks that require long-range viewing capabilities.


On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Increasing military expenditure in the US will drive demand for digital binoculars from Defense Applications which is reflected by a significant growth rate of these products during the forecast period.

North America holds a major share for this segment with over 25% contribution due to high adoption rates owing to varied applications such as Sports, Bird Watching & Surveillance among others. Europe followed closely behind at 18%. The Asia Pacific is projected to have significant revenue growth which will help it overtake the Latin American region during the forecast period. The Middle East and Africa are also anticipated to witness sizeable growth between 2021-2028 as they offer potential avenues for expansion.


Key challenges faced by Market Players:

Lack of awareness among customers regarding this product category as well as higher price points is said to be major hurdles for manufacturers looking forward to enhancing their presence across international markets like the Asia Pacific. Manufacturers also have not prioritized R&D efforts on digital binocular devices due to the presence of competitors in the market.

Up Market Research published a new report titled “Digital Binoculars Market research report which is segmented by Types (Below 7X, 8X, 9X, Above 10X), By Applications (Sports, Bird Watching, Surveillance, Defense), By Players/Companies Bushnell Outdoor Products, Barska, ATN, Canon, Leupold & Stevens, Nikon, Ricoh Imaging, Meade Instruments”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report Attributes Report Details
Report Title Digital Binoculars Market Research Report
By Type Below 7X, 8X, 9X, Above 10X
By Application Sports, Bird Watching, Surveillance, Defense
By Companies Bushnell Outdoor Products, Barska, ATN, Canon, Leupold & Stevens, Nikon, Ricoh Imaging, Meade Instruments
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 234
Number of Tables & Figures 164
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Digital Binoculars Industry Outlook

Global Digital Binoculars Market Report Segments:

The market is segmented by Type Below 7X, 8X, 9X, Above 10X and By Application Sports, Bird Watching, Surveillance, Defense.


Some of the companies that are profiled in this report are:

  1. Bushnell Outdoor Products
  2. Barska
  3. ATN
  4. Canon
  5. Leupold & Stevens
  6. Nikon
  7. Ricoh Imaging
  8. Meade Instruments

Digital Binoculars Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Digital Binoculars Market

Overview of the regional outlook of the Digital Binoculars Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Digital Binoculars Market Overview

Highlights of The Digital Binoculars Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Digital Binoculars Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Below 7X

                2. 8X

                3. 9X

                4. Above 10X

       7. By Application:

                1. Sports

                2. Bird Watching

                3. Surveillance

                4. Defense

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Digital Binoculars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Digital Binoculars Market Statistics

Reasons to Purchase the Digital Binoculars Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Binoculars Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Digital Binoculars Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Digital Binoculars Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Digital Binoculars Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Digital Binoculars Market Size & Forecast, 2018-2028 
      4.5.1 Digital Binoculars Market Size and Y-o-Y Growth 
      4.5.2 Digital Binoculars Market Absolute $ Opportunity 

Chapter 5 Global Digital Binoculars Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Digital Binoculars Market Size Forecast by Type
      5.2.1 Below 7X
      5.2.2 8X
      5.2.3 9X
      5.2.4 Above 10X
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Digital Binoculars Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Digital Binoculars Market Size Forecast by Applications
      6.2.1 Sports
      6.2.2 Bird Watching
      6.2.3 Surveillance
      6.2.4 Defense
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Digital Binoculars Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Digital Binoculars Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Digital Binoculars Analysis and Forecast
   9.1 Introduction
   9.2 North America Digital Binoculars Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Digital Binoculars Market Size Forecast by Type
      9.6.1 Below 7X
      9.6.2 8X
      9.6.3 9X
      9.6.4 Above 10X
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Digital Binoculars Market Size Forecast by Applications
      9.10.1 Sports
      9.10.2 Bird Watching
      9.10.3 Surveillance
      9.10.4 Defense
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Digital Binoculars Analysis and Forecast
   10.1 Introduction
   10.2 Europe Digital Binoculars Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Digital Binoculars Market Size Forecast by Type
      10.6.1 Below 7X
      10.6.2 8X
      10.6.3 9X
      10.6.4 Above 10X
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Digital Binoculars Market Size Forecast by Applications
      10.10.1 Sports
      10.10.2 Bird Watching
      10.10.3 Surveillance
      10.10.4 Defense
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Digital Binoculars Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Digital Binoculars Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Digital Binoculars Market Size Forecast by Type
      11.6.1 Below 7X
      11.6.2 8X
      11.6.3 9X
      11.6.4 Above 10X
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Digital Binoculars Market Size Forecast by Applications
      11.10.1 Sports
      11.10.2 Bird Watching
      11.10.3 Surveillance
      11.10.4 Defense
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Digital Binoculars Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Digital Binoculars Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Digital Binoculars Market Size Forecast by Type
      12.6.1 Below 7X
      12.6.2 8X
      12.6.3 9X
      12.6.4 Above 10X
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Digital Binoculars Market Size Forecast by Applications
      12.10.1 Sports
      12.10.2 Bird Watching
      12.10.3 Surveillance
      12.10.4 Defense
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Digital Binoculars Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Digital Binoculars Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Digital Binoculars Market Size Forecast by Type
      13.6.1 Below 7X
      13.6.2 8X
      13.6.3 9X
      13.6.4 Above 10X
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Digital Binoculars Market Size Forecast by Applications
      13.10.1 Sports
      13.10.2 Bird Watching
      13.10.3 Surveillance
      13.10.4 Defense
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Digital Binoculars Market: Competitive Dashboard
   14.2 Global Digital Binoculars Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bushnell Outdoor Products
      14.3.2 Barska
      14.3.3 ATN
      14.3.4 Canon
      14.3.5 Leupold & Stevens
      14.3.6 Nikon
      14.3.7 Ricoh Imaging
      14.3.8 Meade Instruments
Segments Covered in the Report
The global Digital Binoculars market has been segmented based on

By Types
  • Below 7X
  • 8X
  • 9X
  • Above 10X
By Applications
  • Sports
  • Bird Watching
  • Surveillance
  • Defense
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Bushnell Outdoor Products
  • Barska
  • ATN
  • Canon
  • Leupold & Stevens
  • Nikon
  • Ricoh Imaging
  • Meade Instruments

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