Astronomical Telescope Market

The global Astronomical Telescope market was valued at 18.15 Million USD in 2021 and will grow with a CAGR of 8.68% from 2021 to 2027.

The prime objective of Astronomical Telescope Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Astronomical Telescope Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Astronomical telescope is an optical instrument used to view heavenly bodies such moon,stars, planets and distant objects. Astronomical telescope consists of two convex lenses: objective and eye piece. The objective is a convex lens of large focal length and large aperture. It usually made of two convex lenses in contact with each other to reduce the chromatic and spherical aberrations. The eye piece is also a convex lens .Its focal length is smaller than that of objective. It is also a combination of two lenses.Currently, the market of astronomical telescope is getting more and more concentrated. The global largest producer of astronomical telescope Synta, which holds three top brands of astronomical telescope (Celestron, Meade and Sky Watcher) and OEM for other brands, is announced to accounts for about 60% of the global total market. As to the product types and applications of astronomical telescope, refracting telescope and reflector telescope are main types and entry-level telescope account for about 90% of the total market.
 

By Market Verdors:

• Celestron
• Meade
• Vixen Optics
• TAKAHASHI
• ASTRO-PHYSICS
• Bushnell
• Bresser
• ORION
• Barska
• Sky Watcher
• Bosma
• SharpStar
• Visionking
• TianLang

By Types:

• Refracting Telescope
• Reflector Telescope
• Catadioptric Telescope

By Applications:

• Enter-level
• Intermediate Level
• Professional Research

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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