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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Starting a New Business Chapter

Barriers to entry into the Telescope Manufacturing industry are considered high and steady. The capital investments required to obtain a plant and equipment in addition to technological expertise are relatively high. These set-up costs may discourage entry. New industry entrants will also have to face other barriers, such as patents, proprietary technology and trademarks, that existing players hold. Owning patents contributes to companies' ability to provide leading products and to generate revenue from licensing. Telescope manufacturers allocate substantial resources to build and protect their trademarks and patents, which new entrants might find difficult to develop, obtain or keep... 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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