Press release
Shooting Ranges Market Poised to Hit $1.82 Billion by 2029 with Accelerating Growth Trends
Shooting Ranges
Shooting Ranges Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size for shooting ranges has seen robust growth. Projected to increase from $1.22 billion in 2024 to $1.32 billion in 2025, the compound annual growth rate (CAGR) is set at 8.1%. Factors contributing to the historical growth include an increased interest in self-defense training, growth in both indoor and outdoor sports, heightened law enforcement training, increasing demand for well-furnished shooting facilities, and a sustained increase in the preference for guns.
How Will the Shooting Ranges Market Size Evolve and Grow by 2029?
The market size for shooting ranges is predicted to experience robust growth in the coming years, with an expected growth to $1.82 billion by 2029 at an 8.3% compound annual growth rate (CAGR). This projected growth during the forecast period is due to factors such as a rise in recreational shooting activities, enhancement in contemporary shooting equipment, the proliferation of civilian firearms, increased defense budgets, and the rising adoption of smart range technologies. Key trends shaping this period include the creation of virtual simulators, advancements in shooting range technologies, progress in soundproofing technologies, incorporation of wireless target setup systems, and the installation of progressive defense training platforms.
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What Drivers Are Propelling the Growth of Shooting Ranges Market Forward?
Advancements in fun-based activities are anticipated to fuel the expansion of the shooting ranges market. These activities are the hobbies individuals take part in during their spare time for enjoyment, relaxation, and entertainment. The increment in recreational activities can be connected to a rise in disposable income, a greater understanding of health benefits, and improved accessibility to leisure facilities and infrastructure. Shooting ranges play their part in these expanding recreational activities by offering an exclusive and captivating experience for enthusiasts and newcomers, whilst providing a secure environment for people to enhance their shooting abilities, participate in contests, and engage in social activities. For example, the Outdoor Industry Association, a firm based in the US, reported in 2023 that outdoor recreation participants burgeoned by 2.3%, hitting a count of 168.1 million individuals. Consequently, the burgeoning recreational activities are steering the growth of the shooting ranges market.
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Which Emerging Trends Are Transforming the Shooting Ranges Market in 2025?
Major firms contributing to the shooting ranges market are prioritizing the creation of unique solutions like shooting stalls, aiming to offer participants a more interactive and compelling activity. A shooting stall is fundamentally a single shooting lane or cubicle within a shooting range that is crafted to offer shooters a regulated and risk-free setting. Normally, these stalls cater to one shooter and are kitted out with crucial safety features and conveniences to guarantee a protected and efficient shooting activity. For example, in January 2022, Action Target Inc., a company based in the US that manufactures shooting range equipment, added Citadel Shooting Stall to its top-performing shooting stall collection. The Citadel displays impressive floor-to-ceiling LED lighting that accentuates its contemporary design, highlighting robust lines and adaptable bold materials to raise the aesthetic level of any range to superior sophistication. Additionally, the stall comes with a modifiable holographic lane number projection system to align with your enterprise and range facility's branding specifications. Shooters will value its expanded footprint for increased privacy, while substantial ballistic glass panels offer high visibility and contribute to safety in the range.
What Are the Key Segments in the Shooting Ranges Market?
The shooting ranges market covered in this report is segmented -
1) By Type: Indoor Shooting Range, Outdoor Shooting Range
2) By Product: Fixed Targets, Moving Targets, Virtual Simulators
3) By Application: Military Training, Self-Defense, Training Recreation, Other Applications
Subsegments:
1) By Indoor Shooting Range: Handgun Shooting Range, Rifle Shooting Range, Archery Shooting Range, Tactical Shooting Range
2) By Outdoor Shooting Range: Rifle And Shotgun Ranges, Pistol Ranges, Clay Pigeon And Skeet Shooting, Tactical And Hunting Ranges
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Who Are the Key Players Shaping the Shooting Ranges Market's Competitive Landscape?
Major companies operating in the shooting ranges market are Saab AB, ATS Targets, Meggitt PLC, Cubic Corporation, Beretta Holdings, Remington Arms Company LLC, Smith & Wesson Brands Inc., Fabrique Nationale Herstal S.A., Heckler & Koch GmbH, Colt's Manufacturing Company LLC, Savage Arms Inc., InVeris Training Solutions Inc., Glock Ges.m.b.H., Browning Arms Company, Action Target Inc., Sig Sauer Inc., VirTra Inc., Zen Technologies Limited, O.F. Mossberg & Sons Inc., Laser Shot Inc., Theissen Training Systems GmbH, Range Systems Inc., Polytronic International AG
What Geographic Markets Are Powering Growth in the Shooting Ranges Market?
North America was the largest region in the shooting ranges market in 2024. The regions covered in the shooting ranges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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