Press release
Shooting Range Market is Estimated to Reach USD 2.96 Billion by 2030: Cognitive Market Research
Shooting Range Market is Estimated to Reach USD 2.96 Billion by 2030: Cognitive Market Research
What is the shooting range?
Shooting ranges are environmentally controlled services designed for the testing and training of firearms and archery. Shooting ranges are various components including targets, wind flags, firing points, lights, and backstops. This is maybe virtual and outdoor or indoor, located in the nearby forest area. In addition, shooting ranges are used for law enforcement personnel, recreational activity, and defense.
Summary:
• As per the study of CMR, The Global Shooting Range Market size was valued at USD 1.81 Billion in 2022 and is expected to grow at a CAGR Of 7.17 % during the forecast period, reaching USD 2.96 Billion by 2030.
• Based on type, the outdoor shooting range segment has the largest revenue share in the shooting range market.
• North America has the largest revenue share in the global shooting range market.
To know more about The Shooting Range Market statistics click here: https://www.cognitivemarketresearch.com/shooting-range-market-report
Market Dynamics:
Shooting Range Market Drivers:
The increasing involvement of youngsters in outdoor and indoor sports and investments made by military agencies and law enforcement in firearms training departments is the key factor expected to drive the growth of the global shooting range market. In addition, increasing demand for technological advancement shooting range equipment in the developing nation is expected to drive the growth of the target market.
Shooting Range Market Opportunities:
Increasing shooting ranges technology advancement and efficient training and activities are anticipated to create growth opportunities for the global shooting range market in the forecast period.
Shooting Range Market Restraints:
Increasing initial investment related to the fitting of a shooting range and the unavailability of land are expected to hamper the growth of the shooting range market.
Market Segmentation:
Type:
• Outdoor Shooting Range
• Indoor Shooting Range
Based on type, the outdoor shooting range segment has the largest revenue share in the shooting range market. This is attributed to the increasing use of outdoor shooting ranges by military personnel, recreational shooters, and law enforcement officials expected to drive the growth of this segment.
Product Type:
• Virtual Simulators
• Fixed Targets
• Moving Targets
Based on product type, the fixed targets segment has the major revenue share in the shooting range market. This is due to the increasing demand for shooting ranges in archery and shooting competitions likely to boost the growth of the target market in this segment.
End-User:
• Civil
• Military
Based on end users, the military segment has the largest market share in the global shooting range market. This is owing to the rising use of shooting ranges in the military to provide environmental control for firearms training. In addition, shooting ranges are outdoor or indoor and are increasing use for shotgun training, pistols, and rifles is expected to fuel the growth of the military segment.
Competitive Analysis of Shooting Range Market: Theissen Training Systems Gmbh, Saab Ab (Training and Simulation), Virtra Training Systems Inc., Polytronic International Ag, Shooting Range Industries Llc, Laser Shot Inc., Cubic Corporation, Meggitt Training Systems Inc., Range Systems Inc
Get free sample pages of the latest published Shooting Range Market Report: https://www.cognitivemarketresearch.com/shooting-range-market-report
Regional Analysis:
North America accounted for the largest share of the global shooting range market
North America has the largest revenue share in the shooting range market. This is due to increasing demand for recreational shooters, military personnel, firearms, and law enforcement in the region. In addition, increasing investment in the development of defense technologies is anticipated to propel the shooting range market in the region.
Shooting Range Market Industry News:
InVeris Training Solutions has completed the acquisition with SURVIVR
In August 2021, InVeris Training Solutions acquired SURVIVR, to improve the company's virtual reality expertise in order to deliver innovative, effective, and reliable products. This acquisition offers to prepare better law enforcement officers for real-life situations in the community.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Shooting Range Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Shooting Range Market Segmentation
1.5.1 Shooting Range Market Regional Fragmentation
1.5.1 Shooting Range Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Shooting Range Market
• 3.1 Global Shooting Range Market Size 2018 - 2030, (USD Million)
• 3.2 Global Shooting Range Value, Absolute & Opportunity Analysis
• 3.3 Global Shooting Range Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Shooting Range Market Statistics 2022: Snapshot
Chapter 4 Global Shooting Range Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Shooting Range Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Shooting Range Market by End User Segmentation Analysis (2018-2030)
Chapter 11 Global Shooting Range Market by Product Type Segmentation Analysis (2018-2030)
Chapter 12 Global Shooting Range Market Regional Analysis
Chapter 13 North America Shooting Range Market Outlook (2018 - 2030)
Chapter 14 Europe Shooting Range Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Shooting Range Market Outlook (2018 - 2030)
Chapter 16 Latin America Shooting Range Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Shooting Range Market Outlook (2018 - 2030)
Chapter 18 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Shooting Range Market TOC click here: https://www.cognitivemarketresearch.com/shooting-range-market-report#table_of_contents
Related Report:
• Military Simulation and Training Systems Market- https://www.cognitivemarketresearch.com/military-simulation-and-training-systems-market-report
• Shooting Games Market- https://www.cognitivemarketresearch.com/shooting-games-market-report
• Shooting and Gun Accessories Market- https://www.cognitivemarketresearch.com/shooting-and-gun-accessories-market-report
• Shooting Sports Guns Market- https://www.cognitivemarketresearch.com/shooting-sports-guns-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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