An astronomical telescope is an instrument that utilizes different optical principles to collect celestial radiation and image it. It has two functions: firstly, it magnifies the angle of celestial bodies to distinguish binary stars that were previously inseparable, and displays details of visible celestial bodies such as the moon, planets, nebulae, etc; The second is to collect more radiation, allowing people to observe faint celestial bodies that were previously invisible.

Overview of Global Astronomical Telescope Market Development and Analysis of Segmented Markets

Thanks to the increasing interest in space exploration and the continuous deepening of astronomical education and research, the global astronomical telescope market has shown a steady growth trend in recent years. According to research data from Beizhes, the total revenue of the global astronomical telescope market is expected to reach $241 million in 2023 and is expected to increase to $273 million by 2025.

In terms of product types, astronomical telescopes can be divided into three categories based on their principles: refracting telescopes, reflecting telescopes, and catadioptric telescopes. A refracting telescope is a type of telescope that uses a convex lens as the objective, a convex lens or a concave lens as the eyepiece, and refractive imaging. It has a wide field of view, high contrast, and good clarity; The principle of a reflecting telescope is to use a concave parabolic or spherical mirror to converge the light entering the lens and reflect it onto a plane mirror called a secondary mirror located at the front end of the mirror barrel. Then, this plane mirror reflects the light into the eyepiece outside the mirror barrel, which has the advantages of a large aperture, no color difference, and low processing cost; The catadioptric telescope is a type of telescope that combines the characteristics of a refracting telescope and a reflecting telescope. Its objective lens includes both a lens and a reflecting mirror, and the light from celestial bodies is refracted and reflected simultaneously. The characteristic of this type of telescope is that it is easy to correct aberrations and shorten the length of the mirror tube.

Source: www.globalmarketmonitor.com

Global Astronomical Telescope Market Competitive Landscape Analysis

From the perspective of market competition, the concentration of the global astronomical telescope market is moderate. Data shows that in 2020, the total revenue of the top 3 companies in the astronomical telescope market was $73 million, accounting for 36.14% of the market. The total revenue of the top 6 companies was $119 million, with a total market share of 58.91%. The top three companies were Celestron, Sky-Watcher, and Meade. In 2020, these three companies accounted for 15.35%, 11.88%, and 8.91% of the global astronomical telescope market revenue, respectively.

Astronomical Telescope Market Revenue and Share of Main Enterprises in 2020

Enterprises	Market Revenue (Million USD)	Market Share
Celestron	31	15.35%
Sky-Watcher	24	11.88%
Meade	18	8.91%
Top3	73	36.14%
Top6	119	58.91%

Source: www.globalmarketmonitor.com