PUBLISHER: Allied Market Research | PRODUCT CODE: 1266359
PUBLISHER: Allied Market Research | PRODUCT CODE: 1266359
Shooting ranges are regulated environments built for the practice and study of firearms, frequently for archery. It could be located inside or outside, close to a forest or on the outskirts of a town. Countries are focusing on developing new and improved weapons that must be properly understood before being used in combat as a result of changes in the dynamics of conflict. The shooting ranges are suitable for this criterion because they aim to provide a secure environment for weapons training.
The growing need for live fire drills and the production of the latest sophisticated firearms is driving the growth of the shooting ranges market. However, the availability of space to set up a shooting range and the high initial cost may hamper the growth of the market. In addition, the combination of the old shooting range restructuring with other skills is expected to create market opportunities for the market during the forecast period.
In addition, an increase in the number of shooting ranges is being developed across the globe. This growth is largely being driven by the growing popularity of shooting sports and the need for safe and controlled environments for target shooting and firearms training. Overall, the shooting ranges market is expected to continue to grow as more people become interested in shooting sports and the demand for firearms training and personal protection continues to increase. This growth is likely to create opportunities for businesses operating in the shooting range industry, including shooting range developers, equipment manufacturers, and shooting sports retailers.
The market is segmented into type, product type, end-user, and region. The type segment is divided into indoor shooting ranges and outdoor shooting ranges. In terms of product type, the market is segmented into virtual simulators, fixed targets, and moving targets. The end-user segment is further divided into military and civil. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competitive analysis and profiles of the major shooting ranges market players include: Action Target, Inc., Cubic Corporation, Laser Shot, Inc., InVeris Training Solutions, Zen Technologies Ltd., Polytronic International AG, Range Systems, Inc., SAAB AB, Theissen Training Systems Gmbh, Virtra Training Systems, Inc.