| Product Code: ETC5845196 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia riflescopes market witnessed a significant increase in imports during 2020-2024, with a Compound Annual Growth Rate (CAGR) of 42.43%. Particularly noteworthy was the year-on-year growth rate of 32.69% observed in 2023-2024. These growth rates indicate a strong upward trend in the import volume of riflescopes in Armenia during the specified period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Riflescopes Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Riflescopes Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Riflescopes Market - Industry Life Cycle |
3.4 Armenia Riflescopes Market - Porter's Five Forces |
3.5 Armenia Riflescopes Market Revenues & Volume Share, By Magnification, 2022 & 2032F |
3.6 Armenia Riflescopes Market Revenues & Volume Share, By Sight Type, 2022 & 2032F |
3.7 Armenia Riflescopes Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.8 Armenia Riflescopes Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.9 Armenia Riflescopes Market Revenues & Volume Share, By Weapon Compatibility, 2022 & 2032F |
3.10 Armenia Riflescopes Market Revenues & Volume Share, By Function, 2022 & 2032F |
3.11 Armenia Riflescopes Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Armenia Riflescopes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in hunting and shooting sports in Armenia |
4.2.2 Increasing military and law enforcement spending on advanced optics equipment |
4.2.3 Rise in demand for precision shooting and long-range shooting activities |
4.3 Market Restraints |
4.3.1 High cost associated with premium riflescopes impacting affordability for some consumers |
4.3.2 Limited availability of skilled technicians for maintenance and repair of riflescopes in Armenia |
5 Armenia Riflescopes Market Trends |
6 Armenia Riflescopes Market Segmentations |
6.1 Armenia Riflescopes Market, By Magnification |
6.1.1 Overview and Analysis |
6.1.2 Armenia Riflescopes Market Revenues & Volume, By 1-8x, 2022-2032F |
6.1.3 Armenia Riflescopes Market Revenues & Volume, By 8-15x, 2022-2032F |
6.1.4 Armenia Riflescopes Market Revenues & Volume, By > 15x, 2022-2032F |
6.2 Armenia Riflescopes Market, By Sight Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Riflescopes Market Revenues & Volume, By Telescopic, 2022-2032F |
6.2.3 Armenia Riflescopes Market Revenues & Volume, By Reflex, 2022-2032F |
6.3 Armenia Riflescopes Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Armenia Riflescopes Market Revenues & Volume, By Armed Forces, 2022-2032F |
6.3.3 Armenia Riflescopes Market Revenues & Volume, By Hunting, 2022-2032F |
6.3.4 Armenia Riflescopes Market Revenues & Volume, By Shooting Sports, 2022-2032F |
6.4 Armenia Riflescopes Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Armenia Riflescopes Market Revenues & Volume, By Electro-optic/Infrared, 2022-2032F |
6.4.3 Armenia Riflescopes Market Revenues & Volume, By Thermal Imaging, 2022-2032F |
6.4.4 Armenia Riflescopes Market Revenues & Volume, By Laser, 2022-2032F |
6.5 Armenia Riflescopes Market, By Weapon Compatibility |
6.5.1 Overview and Analysis |
6.5.2 Armenia Riflescopes Market Revenues & Volume, By Sniper Rifles, 2022-2032F |
6.5.3 Armenia Riflescopes Market Revenues & Volume, By Automatic Rifles, 2022-2032F |
6.6 Armenia Riflescopes Market, By Function |
6.6.1 Overview and Analysis |
6.6.2 Armenia Riflescopes Market Revenues & Volume, By Day Sights, 2022-2032F |
6.6.3 Armenia Riflescopes Market Revenues & Volume, By Night Sights, 2022-2032F |
6.7 Armenia Riflescopes Market, By End Use |
6.7.1 Overview and Analysis |
6.7.2 Armenia Riflescopes Market Revenues & Volume, By Defense, 2022-2032F |
6.7.3 Armenia Riflescopes Market Revenues & Volume, By Commercial, 2022-2032F |
6.8 Armenia Riflescopes Market, By Range |
6.8.1 Overview and Analysis |
6.8.2 Armenia Riflescopes Market Revenues & Volume, By Short (50 to 100 yards), 2022-2032F |
6.8.3 Armenia Riflescopes Market Revenues & Volume, By Medium (100 to 500 yards), 2022-2032F |
6.8.4 Armenia Riflescopes Market Revenues & Volume, By , 2022-2032F |
7 Armenia Riflescopes Market Import-Export Trade Statistics |
7.1 Armenia Riflescopes Market Export to Major Countries |
7.2 Armenia Riflescopes Market Imports from Major Countries |
8 Armenia Riflescopes Market Key Performance Indicators |
8.1 Number of hunting and shooting licenses issued in Armenia |
8.2 Percentage increase in defense budget allocated for optics equipment |
8.3 Number of shooting competitions and events held in Armenia |
9 Armenia Riflescopes Market - Opportunity Assessment |
9.1 Armenia Riflescopes Market Opportunity Assessment, By Magnification, 2022 & 2032F |
9.2 Armenia Riflescopes Market Opportunity Assessment, By Sight Type, 2022 & 2032F |
9.3 Armenia Riflescopes Market Opportunity Assessment, By Application, 2022 & 2032F |
9.4 Armenia Riflescopes Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.5 Armenia Riflescopes Market Opportunity Assessment, By Weapon Compatibility, 2022 & 2032F |
9.6 Armenia Riflescopes Market Opportunity Assessment, By Function, 2022 & 2032F |
9.7 Armenia Riflescopes Market Opportunity Assessment, By End Use, 2022 & 2032F |
9.7 Armenia Riflescopes Market Opportunity Assessment, By Range, 2022 & 2032F |
10 Armenia Riflescopes Market - Competitive Landscape |
10.1 Armenia Riflescopes Market Revenue Share, By Companies, 2025 |
10.2 Armenia Riflescopes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here