Global Shooting Ranges Market
Recreation

Global Shooting Ranges Market Report 2024: Size, Drivers, And Top Segments

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The shooting ranges market has grown significantly, from $1.13 billion in 2023 to $1.22 billion in 2024, with a compound annual growth rate (CAGR) of 8.3%. This historical growth is due to factors such as the rise in self-defense training, growing indoor and outdoor sports activities, increased law enforcement training, higher demand for well-equipped shooting facilities, and a rising preference for firearms. Looking ahead, the market is expected to continue its growth, reaching $1.70 billion by 2028, with a CAGR of 8.6%. The forecasted growth is supported by an increase in recreational shooting activities, advancements in contemporary shooting equipment, a rise in civilian firearms ownership, increasing defense budgets, and the adoption of smart range technologies. Major trends expected in the forecast period include the development of virtual simulators, innovations in shooting range technologies, advancements in soundproofing technologies, integration of wireless target setup systems, and installation of advanced defense training platforms.

The growth in recreational activities is anticipated to drive the shooting ranges market. Increasing disposable incomes, health awareness, and improved access to recreational facilities contribute to the rise in these activities. Shooting ranges provide a unique and safe environment for enthusiasts and beginners to practice their skills. In 2023, the Outdoor Industry Association reported a 2.3% increase in outdoor recreation participants, reaching 168.1 million people. This trend is expected to propel the shooting ranges market from $P billion in 2023 to $Q billion in 2024, with projections reaching $R billion by 2028.

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What Are The Key Trends That Influence Shooting Ranges Market Share Analysis?
Major companies operating in the shooting ranges market are focusing on developing innovative solutions, such as shooting stalls, to provide users with a more dynamic and engaging experience. A shooting stall is an individual shooting lane or booth within a shooting range designed to give shooters a controlled and safe environment. Each stall typically accommodates one shooter at a time and is equipped with necessary safety features and amenities to ensure a secure and efficient shooting experience. For instance, in January 2022, Action Target Inc., a US-based shooting range equipment manufacturer, introduced Citadel Shooting Stall to its industry-leading shooting stall lineup. The Citadel features stunning floor-to-ceiling LED lighting that highlights its modern design, emphasizing strong lines and customizable bold materials to elevate any range’s aesthetics to a high level of sophistication. The stall also includes a customizable holographic lane number projection system to match your business and range facility’s branding needs. Shooters will appreciate its deeper footprint for enhanced privacy, while sizable ballistic glass panels ensure high visibility and promote safety on the range.

Which Market Players Are Driving Growth In The Shooting Ranges Market?
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

How Is The Global Shooting Ranges Market 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

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The Shooting Ranges Global Market Report 2024 provides an overview of the shooting rangesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The shooting ranges market forecast analyzes shooting ranges market size, shooting ranges market share, leading competitor and their market positions.

The Table Of Content For The Shooting Ranges Market Include
1. Shooting Ranges Market Executive Summary
2. Shooting Ranges Market Segments
3. Shooting Ranges Market Size And Template Market Growth Rate
4.  Key Shooting Ranges Market Trends
5. Major Shooting Ranges Market Drivers
……
25. Key Mergers And Acquisitions In The Shooting Ranges Market
26. Top Shooting Ranges Companies
27. Shooting Ranges Market Opportunities And Strategies
28. Shooting Ranges Market, Conclusions And Recommendations
29. Appendix

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