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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Analysis Chapter

The Telescope Manufacturing industry was hit hard by the economic downturn, as decreased consumer spending has led to immediate and drastic declines in manufacturing activity. Additionally, the industry has also faced an increased level of competition from outside the industry, such as technological advancements in consumer electronics and the increasing availability of content on smart devices and the internet. As a result of waning consumer spending on industry products due to the economic downturn, industry revenue declined at an annualized rate of 2.9% to $126.7 million over the five years to 2012... 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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