The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increasing global participation in shooting sports is expected to drive innovation in sports gun manufacturing, propelling the market during the forecast period.

The global sports gun market is expected to grow from $2.21 billion in 2022 to $2.39 billion in 2023 at a compound annual growth rate (CAGR) of 8.32%. The sports gun market is expected to reach $2.94 billion in 2027 at a CAGR of 5.27%.

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Global Sports Gun Market Segments Include:

• By Type: Pistols, Revolvers, Rifles, Machine Guns, Shotguns, Carbines, Other Types
• By Distribution: Gun Stores, Sport Goods Stores, Online, Other Distributions
• By Materials: Steel, Aluminium, Polymer, Other Materials
• By Caliber Type:38 Caliber, 0.38 Special, 12 Gauge, 9 mm
• By Application: Training And Demonstration, Recreational Sports
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global sports gun market in 2021.

Major Market Players in the sports gun market include German Sports Guns GmbH, American Outdoor Brands Corporation, JG Anschutz GmbH and Co KG, Crosman Corporation, Sturm Ruger and Company Inc.

The key trends gaining traction in the sports gun market are technological advancements. Major companies in the sports gun market are focusing on using advanced technologies to maintain their market position. Beretta, an Italian firearms manufacturer, for example, launched the A400 Xcel Sporting with Steelium barrel technology in January 2022. Beretta’s ultrafast BLINK gas operating technology on the A400 Xcel, which uses a cross-tube gas piston, enables 36% faster cycling than competitors. Ergonomic checkering on the forend ensures a more secure grip and instinctive pointing, and the revised firing cap allows for the addition of aftermarket weights for improved gun balance. Beretta’s Kick-Off recoil reduction system improves stability, comfort, and control for faster target acquisition on the A400 Xcel Sporting.

The Sports Gun Global Market Report 2023  provides a sports gun market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The sports gun market forecast analyzes sports gun market size, sports gun market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A sports gun is a weapon designed to be used as a rifle in hunting and sporting events.

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