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.
Global Shooting Ranges Market Key Driver
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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Global Shooting Ranges Market Segments
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.
Major Shooting Ranges Industry Players
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
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Shooting Ranges Market Overview
Shooting ranges, also known as firing ranges or gun ranges, are specialized facilities designed for the practice and training of shooting firearms and archery. They provide a controlled environment where individuals can safely practice marksmanship and improve their shooting skills. Shooting ranges can be indoor or outdoor and vary in size, type, and service range.
Shooting Ranges Global Market Report 2023 provides data on the global shooting ranges market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The shooting ranges market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
