Thermal Scope Research:CAGR of 5.1% during the forecast period QY Research Inc. (Global Market

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Thermal Scope Research:CAGR of 5.1% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Thermal Scope- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Thermal Scope was estimated to be worth US$ 356 million in 2023 and is forecast to a readjusted size of US$ 509 million by 2030 with a CAGR of 5.1% during the forecast period 2024-2030.

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https://www.qyresearch.com/reports/3384431/thermal-scope

Thermal Scope Market Summary

A thermal imaging sight, also known as a Thermal Imaging Riflescopes or thermal scope, is a device that uses infrared thermal imaging technology to detect and display the heat radiation of target objects. It is primarily used for observation and aiming in low-light or completely dark environments, especially in military and hunting applications, where it serves as an auxiliary aiming device. Typically mounted on firearms, it helps users accurately identify and aim at targets in nighttime or low-light conditions.

According to the new market research report “Global Thermal Scope Market Report 2024-2030”, published by QYResearch, the global Thermal Scope market size is projected to reach USD 0.51 billion by 2030, at a CAGR of 5.1% during the forecast period.

In terms of sales volume, the global thermal sights market reached 223,983 units in 2023, with projections indicating that this number will grow to 379,439 units by 2030. This growth trend highlights the significant potential for development in the thermal sights market on a global scale.

From a regional perspective, North America is the largest consumer market for thermal sights, accounting for 41.02% of global sales in 2023. Europe follows closely behind, holding 30.72% of the global sales market share. China, as the third-largest market, had a market size of $56.09 million in 2023, representing approximately 15.74% of the global market. By 2030, the Chinese market is expected to reach $89.25 million, increasing its global market share to 17.53%. The Chinese market has shown rapid changes and strong growth potential over the past few years, particularly driven by technological innovation and policy support.

From a product type and technology standpoint, rail-mounted thermal sights account for about 70% of total sales. This is primarily due to the fact that many modern firearms come equipped with standard Picatinny or Weaver rails, providing high versatility and stability. Clamp-mounted thermal sights make up approximately 23.34% of total sales, catering to firearms without pre-installed rails, especially shotguns and some older models. This diverse range of mounting options meets the needs of different users, further driving market growth.

In terms of application markets, there has been a notable increase in demand for thermal sights in the hunting sector, particularly in Europe and North America. During the pandemic, more people turned to outdoor activities, and hunting, as a way to enjoy nature while avoiding crowds, gained widespread popularity. The military sector remains the primary application area for thermal sights, accounting for over 50% of global sales in 2023. The complex and dynamic nature of combat environments drives a strong and consistent demand for these products. Additionally, law enforcement and wildlife observation and protection sectors account for about 5.0% of the market, with promising growth prospects in these areas.

Currently, leading global manufacturers of thermal sights include Yukon Advanced Optics, Wuhan Guide Infrared, IRay Technology, HIKMICRO, and AGM Global Vision. In 2023, the top ten manufacturers collectively held nearly 50% of the global market share. It is anticipated that competition in the industry will intensify in the coming years, especially in the civilian hunting market. These companies are continuously innovating and advancing their technologies to enhance product performance and user experience, thereby maintaining a competitive edge.

In summary, the global thermal sights market is expected to continue its steady growth over the next few years, particularly in major markets such as North America, Europe, and China. Key factors driving industry growth include technological advancements, increasing market demand, policy support, and heightened consumer awareness. However, competition will become more intense, and companies must focus on innovation and quality improvement to sustain their competitive advantage. Additionally, businesses should pay close attention to emerging and niche markets to identify new growth opportunities and achieve sustainable development.

Global Thermal Scope MarketSize(US$ Million), 2019-2030

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Above data is based on report from QYResearch: Global Thermal Scope Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Global Thermal Scope Top17Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

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Above data is based on report from QYResearch: Global Thermal Scope Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Thermal Scope include Yukon Advanced Optics, Wuhan Guide Infrared, IRay Technology, HIKMICRO, AGM Global Vision, ATN, Nivisys (First Texas Holdings Corporation), Trijicon, Armasight (Teledyne FLIR), Burris, etc. In 2023, the global top 10 players had a share approximately 56.0% in terms of revenue.

Thermal Scope,Global Market Size, Split by Product Segment

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Based on or includes research from QYResearch: Global Thermal Scope Market Report 2024-2030.

In terms of product type, currently Rail Type is the largest segment, hold a share of 70.2%.

In terms of product application, currently Military is the largest segment, hold a share of 49.8%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Thermal Scope market is segmented as below:

By Company

    Yukon Advanced Optics
    Wuhan Guide Infrared
    IRay Technology
    HIKMICRO
    AGM Global Vision
    ATN
    Nivisys (First Texas Holdings Corporation)
    Trijicon
    Armasight (Teledyne FLIR)
    Burris
    Leica Camera
    Steiner (Beretta)
    YUBEEN
    Nitehog
    PARD
    Zhejiang Dali Technology
    Night Pearl

Segment by Type

    Rail Type
    Clip-on type
    Others

Segment by Application

    Hunting
    Military
    Law Enforcement
    Others

Each chapter of the report provides detailed information for readers to further understand the Thermal Scope market:

Chapter 1: Introduces the report scope of the Thermal Scope report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Thermal Scope manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Thermal Scope market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Thermal Scope in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Thermal Scope in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Thermal Scope competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Thermal Scope comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Thermal Scope market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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About Us：

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.

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