Global Shooting Ranges Market – Industry Trends and Forecast to 2031

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Global Shooting Ranges Market – Industry Trends and Forecast to 2031

  • FMCG
  • Upcoming Report
  • Jun 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Shooting Ranges Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2024 –2031
Diagram Market Size (Base Year)
USD 1.28 Billion
Diagram Market Size (Forecast Year)
USD 2.37 Billion
Diagram CAGR
%
Diagram Major Markets Players
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Global Shooting Ranges Market, By Activity Type (Firearms and Archery), Product Type (Indoor Shooting Range and Outdoor Shooting Range), Application (Civil and Military) – Industry Trends and Forecast to 2031.

Shooting Ranges Market

Shooting Ranges Market Analysis and Size

The shooting ranges market is experiencing growth due to the increasing popularity of recreational shooting sports. This surge in interest stems from a heightened awareness and participation in competitive shooting events and hunting activities. Consequently, there is a rising demand for accessible, well-equipped shooting facilities that accommodate both novices and experienced shooters. The expansion of shooting clubs and associations that advocate for shooting sports as a recreational activity is further driving market growth.  

The global shooting ranges market size was valued at USD 1.28 Billion in 2023 and is projected to reach USD 2.37 Billion by 2031, with a CAGR of 8.00% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024-2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Activity Type (Firearms and Archery), Product Type (Indoor Shooting Range and Outdoor Shooting Range), Application (Civil and Military)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Brazil, and Argentina.

Market Players Covered

Saab (Sweden), Meggitt PLC (U.K.), InVeris Training Solutions (U.S.), Theissen Training Systems GmbH (Germany), Range Systems, Inc. (U.S.), Polytronic International AG (Switzerland), Shooting Range Industries LLC (U.S.), ACTION TARGET (U.S.), Advanced Training Systems LLC (U.S.), Cubic Corporation (U.S.), ELI OÜ (Israel), Laser Shot, Inc. (U.S.), and Savage (U.S.)

Market Opportunities

  • Expansion of Shooting Range Facilities
  • Rising Disposable Income

Market Definition

Shooting ranges are controlled environments designed for safe firearm practice and training. They provide designated areas for individuals to shoot firearms, including pistols, rifles, and shotguns, under supervision and adherence to strict safety protocols. Shooting ranges often offer various target setups and distances to accommodate different skill levels and training needs. They serve both recreational shooters seeking leisure activities and professionals, including law enforcement and military personnel, for honing marksmanship skills and tactical training.

Shooting Ranges Market Dynamics

Drivers

  • Growing Law Enforcement Training

Law enforcement training is growing as the police and military personnel require continuous, rigorous training in firearm proficiency and tactical skills. Government agencies invest in advanced shooting facilities to ensure their officers are well-prepared for real-life scenarios. This consistent demand for specialized training environments boosts the development and maintenance of high-quality shooting ranges, fostering market growth and innovation in shooting range technologies.

  • Growing Technological Advancements

Innovations such as virtual shooting simulators, advanced target systems, and automated scoring systems provide more engaging and realistic training environments. These technologies allow for better skill development, attracting both recreational shooters and professionals. In addition, enhanced safety features and user-friendly interfaces make shooting ranges more accessible to a broader audience, including beginners and younger participants, thereby expanding the market.

Opportunities

  • Expansion of Shooting Range Facilities

Growing interest in recreational shooting sports drives more shooting ranges are being developed to meet the increasing demand. These new facilities are often equipped with advanced technology and amenities, attracting both novice and experienced shooters. The development of modern, accessible shooting ranges helps to promote shooting sports and encourage wider participation. This expansion supports market growth and enhances the overall shooting experience for enthusiasts.

  • Rising Disposable Income

Individuals have more disposable income due to which they are expected to spend on leisure and recreational activities, including shooting sports. This financial flexibility allows people to invest in memberships, equipment, and frequent visits to shooting ranges. Moreover, higher disposable income also enables shooting ranges to enhance their facilities and services, attracting a broader customer base. Consequently, the market benefits from increased participation and spending, fostering overall growth.

Restraints/Challenges

  • High Maintenance Costs

Maintaining shooting ranges involves regular upkeep of facilities, including safety infrastructure, target systems, ventilation systems, and shooting lanes. In addition, there are ongoing costs associated with cleaning, repairs, and equipment upgrades to ensure compliance with safety standards and regulations. High expenses strain the financial resources of shooting range operators, smaller businesses, and limit their ability to invest in growth and expansion. As a result, high maintenance costs can hinder profitability and sustainability within the shooting ranges market.

  • Growing Safety Concerns

Incidents or accidents, even if isolated, can tarnish the reputation of shooting ranges and deter potential users. Ensuring stringent safety protocols, training staff adequately, and maintaining equipment regularly incur additional costs for operators. Moreover, addressing safety concerns requires continuous vigilance and investment in risk management measures, potentially straining resources. Public perception regarding safety can also influence regulatory scrutiny and community opposition, further complicating market dynamics and growth prospects.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Shooting Ranges Market Scope

The market is segmented on the basis of activity 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.

Activity Type

  • Firearms
  • Archery

Product Type

  • Indoor Shooting Range
    • Virtual Simulators
    • Targets
      • Moving Targets
        • Dual Moving Targets
        • Pop-Up Targets
        • Turning Targets
      • Fixed Targets
        • Electronic Targets
        • Knock-Down Targets
  • Outdoor Shooting Range
    • Moving Targets
      • Turning Targets
      • Multi-Purpose Targets
      • Pop-Up Targets
      • Smart Targets
    • Fixed Targets

Application

  • Civil
  • Military

Shooting Ranges Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by country, activity type, product type, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA), Brazil, Argentina, and Rest of South America.

North America is expected to dominate in the market stems from its extensive infrastructure catering to military training needs. With a strong emphasis on security and defense, the region invests significantly in advanced shooting range technologies. As military training requirements evolve, so does the demand for sophisticated shooting ranges, further solidifying North America's position. This trend is projected to continue as defense budgets persist and modernization efforts expand, sustaining North America's stronghold in the shooting ranges market for the foreseeable future.

Asia-Pacific is expected to experience the highest CAGR due to increasing personal disposable income, rapid globalization, westernization, and modernization trends. Moreover, there's a rising demand for recreational activities, particularly shooting sports, leading to significant investments in well-equipped shooting ranges. Countries such as India and China are particularly driving this growth with their substantial investments in infrastructure development for shooting sports.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.  

Competitive Landscape and Shooting Ranges Market Share Analysis

The market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • Saab (Sweden)
  • Meggitt PLC (U.K.)
  • InVeris Training Solutions (U.S.)
  • Theissen Training Systems GmbH (Germany)
  • Range Systems, Inc. (U.S.)
  • Polytronic International AG (Switzerland)
  • Shooting Range Industries LLC (U.S.)
  • ACTION TARGET (U.S.)
  • Advanced Training Systems LLC (U.S.)
  • Cubic Corporation (U.S.)
  • ELI OÜ(Israel)
  • Laser Shot, Inc. (U.S.)
  • Savage (U.S.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Shooting Ranges Market size will be worth USD 2.37 Billion by 2031.
The Shooting Ranges Market growth rate will be 8.00% by 2031.
Growing Technological Advancements and Growing Law Enforcement Training are the growth drivers of the Shooting Ranges Market.
The activity type, product type, and application are the factors on which the Shooting Ranges Market research is based.
The major companies in the Shooting Ranges Market are Saab (Sweden), Meggitt PLC (U.K.), InVeris Training Solutions (U.S.), Theissen Training Systems GmbH (Germany), Range Systems, Inc. (U.S.), Polytronic International AG (Switzerland), Shooting Range Industries LLC (U.S.), ACTION TARGET (U.S.), Advanced Training Systems LLC (U.S.), Cubic Corporation (U.S.), ELI OÜ (Israel), Laser Shot, Inc. (U.S.), and Savage (U.S.) etc.