Shooting Ranges Market would Grow by 8.00% CAGR to USD 2,776.39 million by 2028


The shootingranges market is anticipated to expand between 2021 and 2028 at a compound annual growth rate of 8.00%. Data Bridge Market Researchconducts an analysis of the driving forces behind the market expansion for
shooting ranges. The market value will therefore increase dramatically to USD 2,776.39 million by 2028 from USD 1500 million in 2020.

The primary drivers of the market's expansion include risingconsumer choice for sports and fitness activities, particularly in developing
nations, and rising personal disposable income. Other indirect market growth
drivers include ongoing equipment development, a rise in young people's demand
for qualified experts or trainers, and growing costs for live training systems.

Shooting ranges are a demarcated area set aside forpractising with weapons. They are often referred to as gun ranges or firing
ranges. Shooting ranges, which were typically created for use by members of the
armed forces and police enforcement, are increasingly becoming more and more
common as a kind of entertainment. These are safe, environmentally friendly
sites that may be used to test guns as well.

Global Shooting Ranges Market Scope and Market Size

The shooting ranges market is segmented on the basis ofactivity type, product type and application. The growth amongst these segments
will help you analyse meagre growth segments in the industries, and provide the
users with valuable market overview and market insights to help them in making
strategic decisions for identification of core market applications.

 

The market forshooting ranges has been divided into segments for archery and weapons based on
the kind of activity. The shooting ranges market is divided into two categories
based on the kind of product: indoor shooting range and outdoor shooting range.
Virtual simulators and targets make up the indoor shooting range portion.

Moving targets and stationary targets make up the targetscomponent. The section of moving targets is further divided into dual moving
targets, pop-up targets, and turning targets. The portion of fixed targets is
further divided into electronic targets and knock-down targets.

Shooting Ranges Market Country Level Analysis

The shooting ranges market is analysed and market sizeinsights and trends are provided by country, activity type, product type and
application as referenced above.

North America dominates the shooting ranges market and willcontinue to flourish its trend of dominance during the forecast period as well
owing to the rising use of shooting ranges for training purposes by military.
Asia-Pacific will however, register the highest CAGR for the forecast period.
Rising personal disposable income, rapid globalization, westernization,
modernization, rise in demand for recreational activities and surge in the
investment for the development of ell equipped shooting ranges especially in
countries such as India and China are some major market growth determinants for
this region.

Competitive Landscape and Shooting Ranges Market ShareAnalysis

The major playerscovered in the shooting ranges market report are:

Saab, MeggittPLC., InVeris Training Solutions, Theissen Training Systems GmbH., Range
Systems, Inc., Polytronic InternationalAG, Shooting Range Industries LLC., ACTIONTARGET, Advanced Training Systems LLCs, Cubic Corporation, ELI MILITARY SIMULATIONS, Laser Shot,Inc., Savage., among other domesticand global players.