The shooting ranges market has grown substantially, increasing from $1.13 billion in 2023 to $1.22 billion in 2024, with a compound annual growth rate (CAGR) of 8.3%. This growth is driven by increased self-defense training, growing sports activities, and higher demand for well-equipped facilities. The market is expected to reach $1.70 billion by 2028, with a CAGR of 8.6%. Anticipated growth is supported by rising recreational shooting, advancements in equipment, and adoption of smart range technologies. Key trends include development of virtual simulators, innovations in shooting range technologies, and soundproofing technologies.
Shooting Ranges Market
The shooting ranges market is expected to benefit from the rise in recreational activities. Increased disposable incomes, health awareness, and better access to recreational facilities contribute to this growth. The Outdoor Industry Association reported a 2.3% increase in outdoor recreation participation in 2023, reaching 168.1 million people. This growing interest in recreational shooting is expected to drive the shooting ranges market from $0.78 billion in 2023 to $0.85 billion in 2024, with growth projected to reach $1.21 billion by 2028.
Shooting Ranges Market Report
Shooting Ranges Market Competitive Landscape
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
Key Shooting Ranges Market Trend
Companies in the shooting ranges market are innovating with shooting stalls to provide a more engaging and dynamic experience. Shooting stalls offer controlled environments for shooters, equipped with safety features and amenities. Action Target Inc., a US-based shooting range equipment manufacturer, launched the Citadel Shooting Stall in January 2022. This stall features floor-to-ceiling LED lighting, customizable holographic lane number projections, and deeper footprints for privacy. Sizable ballistic glass panels enhance visibility and safety, combining aesthetics with functionality to elevate shooting range experiences.
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Shooting Ranges Market Segmentation
The shooting ranges market covered in this report is 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
By Geography:The regions covered in the shooting ranges market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the shooting ranges market in 2023.
