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Econo Asia™ > Blog > News > Press Releases > Firearm Sight Market Size to Reach USD 2.82 Billion by 2031, Driven by Military Modernization and Rising Adoption of Digital Optics- Mordor Intelligence
Press Releases

Firearm Sight Market Size to Reach USD 2.82 Billion by 2031, Driven by Military Modernization and Rising Adoption of Digital Optics- Mordor Intelligence

NEWSROOM
Last updated: 2026/02/24 at 11:38 AM
By NEWSROOM 7 Min Read
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Market Overview 

According to Mordor Intelligence, the global firearm sight market size is projected to reach USD 2.82 billion by 2031, growing from USD 2.37 billion in 2026 at a CAGR of 3.53% during the forecast period. The steady expansion of the firearm sight industry is linked to ongoing military modernization programs, increased adoption of optic-equipped service weapons, and the integration of digital and thermal technologies into conventional sighting systems. 

The firearm sight market size is benefiting from procurement programs that focus on enhancing accuracy, target acquisition speed, and interoperability with modern battlefield systems. While traditional telescopic and iron sights continue to maintain strong demand, the firearm sight market growth is increasingly shaped by AR-enabled optics, thermal imaging systems, and digitally integrated fire-control solutions. 

Key Firearm Sight Market Trends Shaping the Industry 

Military Modernization Programs Supporting Advanced Optics Demand 

A major driver of firearm sight market trends is the transition toward integrated and networked weapon optics within defense forces. Military buyers are increasingly seeking systems that combine laser range-finding, ballistic computation, and secure communication features in a single housing. This shift is expanding the role of optics from simple aiming tools to data-enabled targeting platforms. 

Growing Adoption of Red Dot Optics in Law Enforcement 

Another key firearm sight market trend is the rapid adoption of red dot optics in law enforcement agencies. After extensive field evaluations, many departments now authorize pistol-mounted optics as standard issue equipment. This move is increasing the firearm sight market share of reflex and dot sights within the broader industry. 

Expansion of Thermal and Digital Sight Technologies 

Thermal imaging and digital reticle systems are gaining wider acceptance across military and specialized hunting segments. The firearm sight industry is incorporating lightweight materials and compact electronics that enhance durability while maintaining performance under harsh environmental conditions. 

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/firearm-sight-market?utm_source=emailwire  

Firearm Sight Market Segmentation Analysis 

By Sight Type 

  • Iron / Open Sights 
  • Peep Sights 
  • Telescopic Sights 
  • Reflex Sights 
  • Laser Sights 
  • Dot Sights 

By Technology 

  • Optical 
  • Digital / Smart (AR-Enabled) 
  • Thermal Imaging 
  • Night-Vision Enhanced 

By Weapon Type 

  • Pistols 
  • Assault Rifles 
  • Sniper Rifles 

By End User 

  • Military 
  • Law Enforcement 
  • Hunting and Others 

By Geography 

  • North America 
  • Europe 
  • Asia-Pacific 
  • South America 
  • Middle East and Africa 

Explore Our Full Library of Aerospace & Defense Research Report:  https://www.mordorintelligence.com/market-analysis/aerospace-defense?utm_source=emailwire  

Competitive Landscape in the Firearm Sight Market 

The firearm sight market is moderately concentrated, with established optical manufacturers competing alongside digital integration specialists. Competitive positioning increasingly depends on integration capabilities, ruggedization standards, and supply chain resilience. 

Key Players in the Firearm Sight Industry 

  • Bushnell (Revelyst, Inc.) 
  • Leonardo DRS 
  • Beretta Holding 
  • Aimpoint AB 
  • SIG SAUER 

Explore more insights on firearm sight competitive landscape: https://www.mordorintelligence.com/industry-reports/firearm-sight-market/companies?utm_source=emailwire  

Conclusion  

The firearm sight market is set for measured expansion through the forecast period, supported by structured military procurement, increasing law enforcement adoption, and steady civilian participation in shooting sports. While traditional optical systems retain a central role in the firearm sight industry, digital and AR-enabled solutions are influencing product development strategies. 

Supply chain stability, regulatory compliance, and integration capability will remain key differentiators across the firearm sight market. As weapon platforms become increasingly optic-ready by design, the attach rate per firearm is rising, strengthening long-term firearm sight market growth prospects. 

Get detailed insights on the firearm sight market: https://www.mordorintelligence.com/industry-reports/firearm-sight-market?utm_source=emailwire  

Industry Related Reports 

Military Aircraft Avionics Market: 

The military aircraft avionics market covers flight control, communication, navigation, and related subsystems across fixed-wing aircraft, helicopters, and unmanned aerial vehicles, with demand driven by fleet modernization and retrofit programs across North America, Europe, and Asia-Pacific. 

Get more insights: https://www.mordorintelligence.com/industry-reports/military-aircraft-avionics-market?utm_source=emailwire 

Airborne ISR Market size: 

The airborne ISR market is valued at USD 10.91 billion in 2026 and is forecast to reach USD 15.60 billion by 2031, growing at a 7.41% CAGR. Expansion is driven by increasing demand for real-time surveillance, intelligence gathering, and advanced sensor integration in defense operations. 

Get more insights: https://www.mordorintelligence.com/industry-reports/airborne-isr-market?utm_source=emailwire 

Body Armor Market share: 

The body armor market stands at USD 3.15 billion in 2026 and is projected to reach USD 3.92 billion by 2031, registering a 4.47% CAGR. Growth is fueled by rising military and law enforcement procurement and the shift toward lightweight, high-performance ballistic protection solutions. 

Get more insights: https://www.mordorintelligence.com/industry-reports/body-armor-market?utm_source=emailwire 

About Mordor Intelligence: 

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 

With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries or to access the full report, please contact: 

media@mordorintelligence.com
https://www.mordorintelligence.com/ 



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