Industry Analysis & Industry Trends
Shot down
After experiencing only marginal growth during the five years to 2012, the Telescopic Gunsight Manufacturing industry will likely continue on a downward trend over the next five years. American interest in hunting will wane and military spending on defense will dwindle, limiting sales of telescopic gunsights. Nevertheless, manufacturers will look to local law enforcement and exports to facilitate demand in the coming years.... purchase to read more
Industry Report - Industry Analysis Chapter
The Telescopic Gunsight Manufacturing industry has posted minimal growth during the past five years. The industry, which produces scopes for mounting onto firearms, was aided by rising federal defense spending and a peaking economy in the mid-2000s. However, conditions quickly turned negative as the US economy entered recession and rising military demand failed to offset weak consumer spending on recreational and non-essential goods. Following the recession, demand has only worsened as defense and law enforcement markets have faced budget cuts, and American interest in hunting as a recreational activity has continued fading... purchase to read more