The size of the world market for shooting ranges was estimated at $1.1 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 8.3% from 2022 to 2031, reaching $2.4 billion
The shooting ranges are superior facility intended specifically for archery practice and firearms. The shooting ranges usually located in the forest areas or at the borders of a city. The shooting ranges are generally indoor and outdoor and restricted to certain archery and firearms. The increasing request for live fire training is growing the need of shooting ranges through the law enforcement agencies and defense forces worldwide. The increasing demand of live fire training helps soldiers to better understanding of the situations. Because of this, the law enforcement agencies and defense forces are trying to increase live fire training centers. Hence the global shooting ranges market is heavily focused by the increasing demand for live fire training centers.
The global shooting ranges market is segmented on the basis of application, modes and geography. The numerous modes of shooting ranges comprises indoor shooting ranges and outdoor shooting ranges. The indoor shooting ranges is sub divided as indoor moving targets, indoor virtual targets and indoor fixed targets. The outdoor shooting ranges further segmented as outdoor fixed targets and outdoor moving targets. The global shooting ranges market analysis covers the market strategies and growth factors over the upcoming years.
Shooting Ranges Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2031||$2.4 billion|
|Growth Rate||CAGR of 8.3 % during 2021-2031|
|Segment Covered||By application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Cubic Corporation (U.S), Action Target, Inc. (U.S), Sevage Range Systems (U.S), Laser shot (U.S), Polytronic International AG (Switzerland), Saab Ab (Sweden).|
The global shooting ranges market trends:
- For a detailed list our report
- Modular shooting range
The key players in global shooting ranges market across the world are Cubic Corporation (U.S), Action Target, Inc. (U.S), Sevage Range Systems (U.S), Laser shot (U.S), Polytronic International AG (Switzerland), Saab Ab (Sweden), and others.
Segment of shooting ranges market include:
- By application
During previous years, the outdoor application segment valued for the key shares of the global shooting ranges market. Growing utilization by the law enforcement agencies and army for training their corresponding forces with innovative weapon system will contribute to the progress of this industry segment in the upcoming years.
- By region:
- North America
- United States
- Latin America
- Western Europe
- Nordic countries
- Eastern Europe
- Asia Pacific
- New Zealand
- Middle East and Africa
- Southern Africa
- North Africa
The global shooting ranges market study estimates by geographic regions, the Americas will be the main revenue sponsor to the global shooting ranges market all over the forecast period.
Following market drivers are contributing to the progress of global shooting ranges market:
- Growing procurement of progressive handheld firearms
- Increasing interest in shooting alleys
- Improved attention on military training
The global shooting ranges market: opportunity
The defense forces and government are retrofitting the older shooting ranges with the new amenities in order to involve the law enforcement officers and soldiers with the real time fire situation. This factor is estimated to a huge opportunity for the development of shooting ranges market in the forecast years.