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Telescope Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Telescope Manufacturing Market Research Report | Technology | Scientific Systems & Devices | Dec 2012

Far sighted: Operators will research and develop new products to combat substitute use

IBISWorld’s Telescope Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Celestron Celestron market share
Meade Instruments Corp. Meade Instruments Corp. market share
Industry Statistics & Market Size
Revenue
$127m
Annual Growth 07-12
-2.9%
Annual Growth 12-17
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Profit
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Employment
747
Businesses
21
Industry Analysis & Industry Trends

The recession reduced consumer spending for new telescopes. To combat fluctuations in revenue, many participants sought to consolidate operations and achieve greater economies of scale. Over the next five years, increasing export activities will benefit the industry as manufacturers market to new demographics abroad.... purchase to read more

Industry Report - Industry Investment Chapter

The Telescope Manufacturing industry has a low level of capital intensity, with operators spending an estimated $0.05 on capital for every dollar spent on labor. The industry has increasingly invested in research and development activities to improve product quality and timelessness. As a result, companies require a highly skilled workforce. Participants require research and development teams to develop more innovative telescopes to remain competitive. However, with declining employment levels, wages are expected to decrease at an estimated annualized rate of 0.6% over the next five years, reflecting the industry's cutback initiatives to focus on research and development... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Telescope Manufacturing Industry?

This industry manufactures optical telescopes, which use lenses and mirrors to magnify the visible light reflected by distant objects. It does not include manufacturers of nonoptical telescopes, such as radio and infrared.

Industry Products
Refracting telescopeReflecting telescopeCatadioptric telescope
 
Industry Activities
Manufacturing reflecting, refracting and catadioptric telescopesManufacturing telescope related parts and attachmentsManufacturing astrographs, comet seekers and solar telescope products


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