Frequently Asked Questions:
Domestic adventure tourism is the leading segment in the market.
At what rate is the market projected to grow?
The market is projected to accelerate at a CAGR of almost 32%.
Who are the top players in the market?
Abercrombie & Kent USA LLC, Austin Adventures, Butterfield & Robinson Inc., G Adventures, Intrepid Group, Lindblad Expeditions Holdings Inc., MT Sobek, Recreational Equipment Inc., The Walt Disney Co., and TUI AG are the top players in the market.
What are the key market drivers and challenges?
The market is driven by increasing disposable incomes. However, a low penetration rate in developing economies will hamper market growth.
Share this article
Share this article
NEW YORK, March 10, 2021 /PRNewswire/ A latest market research report titled Binoculars Market by type (Roof Prism Binoculars, Porro Prism Binoculars, and Galilean Binoculars), Application (Military, Wildlife Observation and Hunting, Astronomy, and Others), and Geography (APAC, Europe, MEA, North America, and South America)- Forecast and Analysis 2020-2024 , published by Technavio forecasts the market to grow by USD 123.44 million, at a CAGR of 3% during the forecast period.
To get detailed insights on key market growth opportunities, Download FREE Sample
Binoculars Market by Type, Application, and Geography - Forecast and Analysis 2020-2024
Increased demand for multifunctional binoculars and rising use of binoculars for adventure tourism will catalyze market growth