openPR Logo
Press release

Sports Gun Market Size 2021, Statistics, Trends, Regional Analysis by Key Players | Industry Forecast to 2027

02-12-2021 08:45 AM CET | Sports

Press release from: Allied Market Research

Sports Gun Market

Sports Gun Market

According to the report, the global Sports Gun market garnered $2.43 billion in 2019, and is estimated to reach $2.77 billion by 2027, registering a CAGR of 9.7% from 2020 to 2027.

Drivers, restraints, and opportunities-

Great advances in sports guns, upsurge in women participants, and rise in aspiring new shooters drive the growth of the global sports gun market. However, strict government regulations for sale and purchase of the sports gun and mass shooting and gun violence among youngsters hinder the market growth. On the other hand, rise in popularity of the shooting sports and increase in preference of sports as careers in youth are anticipated to offer new opportunities in the coming years.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6736

COVID-19 Scenario-

During the coronavirus pandemic, all the nations across the globe have banned all sports activities, which impacted the sports gun market.
Investors have frizzed funding in the leading sports gun manufacturing companies during the novel COVID-19 outbreak.
The demand for outdoor sports accessories including sports gun has been reduced. Also, the supply chain disruptions have impacted the market to certain extent.
The pistol segment to maintain its lead status-

Based on gun type, the pistol segment accounted for nearly two-fifths of the global sports gun market in 2019, and is expected to maintain its lead status in terms of revenue throughout the forecast period. This is due to increase in participation in pistol shooting and rise in popularity of the cowboy mounted shooting. However, the rifle segment is estimated to portray the highest CAGR of 10.3% from 2020 to 2027. The growing popularity of the modern sporting rifles that are used by hunters, competitors, civilians drives the growth of the segment.

Get detailed COVID-19 impact analysis on the Sports Gun Market: https://www.alliedmarketresearch.com/request-for-customization/6736?reqfor=covid

The competitive shooting segment to maintain its leadership position-

Based on applications, the competitive shooting segment contributed to the highest market share with more than half of the global sports gun market in 2019, and is estimated to maintain its leadership position during the forecast period. This is due to the rise in participation and considerable investment of time and money in various levels of shooting competitions across the globe. However, the recreational sports segment is estimated to generate the fastest CAGR of 10.6% from 2020 to 2027. This is attributed to its benefits such as improved physical fitness, mental health, quality of life, fun, and social involvement.

North America is anticipated to dominate the market by 2027-

Based on region, North America accounted for the highest share based on revenue, holding for more than half of the global sports gun market in 2019, and is projected to maintain its dominant position throughout the forecast period. This is due to the increasing number of civilian with legal firearms and growing popularity of the shooting sports in this region. However, Asia-Pacific is estimated to generate the fastest CAGR of 12.0% from 2020 to 2027. This is attributed to the initiatives taken by emerging economies such as China and India by launching schemes to promote shooting sports.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6736

Leading market players
• Abercrombie & Kent USA
• Classic Journeys
• G Adventures
• Greaves Travel
• India Food Tour
• ITC Travel Group Limited
• The FTC4Lobe Group
• The Travel Corporation
• Topdeck Travel
• Tour Radar.

Source: https://www.prnewswire.com/news-releases/sports-gun-market-to-reach-2-77-bn-globally-by-2027-at-9-7-cagr-allied-market-research-301092862.html

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sports Gun Market Size 2021, Statistics, Trends, Regional Analysis by Key Players | Industry Forecast to 2027 here

News-ID: 2241246 • Views: 319

More Releases from Allied Market Research

Fully Automated Parking Management Systems Market | To Undertake Strapping Growt …
A fully automated parking management system can mechanically park and retrieve a vehicle from the parking space. Fully automated system is used for a vehicle capacity of above 100 cars. The system has become very helpful due to the increase in demand for safe and convenient parking. Additionally, parking system helps in minimizing the hassle one goes through while parking the car. Furthermore, the fully automated parking management system is
Hyper-Converged Infrastructure Market - Global Opportunity Analysis and Industry …
Major growth drivers for the market include several advantages of HCI such as reduced capital expenditure and operational expenditure and disaster recovery capability. Rising concerns for disaster recovery and data protection is significantly driving the hyper-converged infrastructure market growth. The global hyper-converged infrastructure market in 2026 has witnessed significant growth due to its ability to utilize commodity hardware which in turn reduced the Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) significantly.
Light Commercial Vehicle Steel Wheel Market | Future Challenges and Industry Gro …
Wheel is an essential part of a light commercial vehicle, which is required to be strong and able to handle the load of the commercial vehicle as well as the strain caused by the axle. The steel wheel is a circular shaped rim which rotates and transmits the power from the engine for the movement of the vehicle. Additionally, tires are mounted on the rims also known as light commercial
Zero Emission Vehicle Market | Increasing Demand, Current Growth Rate, Outlook a …
Zero emission vehicle (ZEV) is a vehicle that does not emit the tailpipe pollutant from the onboard source of power. These vehicles have significant emission benefits over conventional vehicles, and run on alternate power sources such as battery electricity, natural gas, and solar power. The zero emission vehicle market is still in its nascent stage, and is expected to grow exponentially in the next 1012 years. Download Report Sample (PDF with

All 5 Releases


More Releases for Sports

Outdoor Sports Apparel Market
Facto Market Insights published a title on “Global Outdoor Sports Apparel Market – 2020-2025”, to its collection. The study on the global outdoor sports apparel market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market players, covering all the data & information suitable for the clients
Sports Tourism Market to Witness Massive Growth| ITC Sports Travel, Sports Tours …
A latest study released by HTF MI on Global Sports Tourism Market covering key business segments and wide scope geographies to get deep dive analysed market data. The study is a perfect balance bridging both qualitative and quantitative information of Sports Tourism market. The study provides historical data (i.e. Volume** & Value) from 2013 to 2018 and forecasted till 2025*. Some are the key & emerging players that are BAC
The Edge Sports Supplements
The Edge Sports Supplements was founded in Sydney Australia October 1998. In the early days we started small, but what we lacked in size we made up with an attitude & work ethic second to none. Our vision was to build the most customer friendly store so we can provide the best products and services. Now with our bulk buying power we are able to offer discounts on all of
DIGITAL FANTASY SPORTS
The #1 Fantasy Sports Cryptocurrency Dedicated to the Building the Ultimate Arcade for the Fantasy Sports Industry Emerging technologies and platforms are shaping the fantasy sports industry today in ways we could have only imagined a decade ago. Players are joining the sports fantasy scene by the thousands, introducing more games and exciting the fan base worldwide. With the expansion and the magnetism of the cryptocurrency technology, players and fans are benefiting from more earnings,
06-22-2017 | Sports
webindia
Sports News in Tamil
Kamran Akmal-Gautam Gambhir: Gautam Gambhir is known to play his cricket with passion. India-Pakistan games are often high on passion and intensity. The occassion was the 2010 Asia Cup semifinal, and another high voltage India Pakistan clash was on the cards. Akmal made a loud appeal for caught behind which Gambhir didnt like, and the two players had a go at each other. Then, drinks break was announced, and both the
China Sports Market (Sports Apparel, Sports Footwear, Sports Equipment) & Foreca …
China Sports Market Overview China sports market is expected to be more than US$ 100 Billion industry by the year 2020. To achieve this impressive growth China sports market is expected to grow with double digit CAGR. In the year 2010 Sports Apparel used to be the biggest market, but by 2015 Sports Equipment has overtaken Sports Apparel market. Company sales are highly fragmented and no single company holds double digit