Astronomical Telescope Market Trends:the global market size is projected to reach USD 0.24 billion by 2029

Astronomical telescope is an optical instrument used to view heavenly bodies such moon, stars, planets and distant objects. Astronomical telescope consists of two convex lenses: objective and eye piece. The objective is a convex lens of large focal length and large aperture. It usually made of two convex lenses in contact with each other to reduce the chromatic and spherical aberrations. The eye piece is also a convex lens. Its focal length is smaller than that of objective. It is also a combination of two lenses.

For the telescopes with retail price below 300 $/unit, they are generally sold with a bracket. Brackets for this level of telescopes are generally manual operated, they are low-cost and won’t have big influence on the total cost of a telescope. But for telescopes of high-end, the cost of electric bracket or mount are quite high, these brackets or mounts are generally sold as accessories.

In this report, we mainly account the cost and price of telescopes, but bracket or mount not included.

According to the new market research report “Astronomical Telescope - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Astronomical Telescope market size is projected to reach USD 0.24 billion by 2029, at a CAGR of 5.8% during the forecast period.

• Global Astronomical Telescope MarketSize(US$ Million), 2018-2029

Source: QYResearch, "Astronomical Telescope - Global Market Insights and Sales Trends 2024”

• Global Astronomical Telescope Top11Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: QYResearch, "Astronomical Telescope - Global Market Insights and Sales Trends 2024”

The global key manufacturers of Astronomical Telescope include Synta Technology (Celestron), JOC, Takahashi, Bosma, Vixen Co, SharpStar, Vista Outdoor (Tasco), Astro-Physics, Nikon, Visionking, etc.

In 2022, the global top five players had a share approximately 81.0% in terms of revenue.

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