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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
Alliant Techsystems Inc. Alliant Techsystems Inc.  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 SWOT Analysis Chapter

The Telescope Manufacturing industry is currently in the mature phase of its life cycle. In the 10 years to 2017, the industry's contribution to the overall economy (industry value added) is expected to decrease at an annualized rate of 3.1%, compared with annualized GDP growth of 1.8%. Over the five years to 2017, revenue is forecast to rise at an average annual rate of 2.7% to $144.8 million. During this period, steady increases in imports and exports and continuous investment in research and development will support industry growth.

Over the past decade, there have been substantial advances in industry productivity and telescope quality to combat the introduction of substitute products and decreases in consumer spending... 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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