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Shooting Ranges Market by Type, Product Type, End-User: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 180 Pages
  • February 2023
  • Region: Global
  • Allied Market Research
  • ID: 5781708
Description Jump to:
Shooting ranges are regulated environments built for the practice and study of firearms, frequently for archery. It could be located inside or outside, close to a forest or on the outskirts of a town. Countries are focusing on developing new and improved weapons that must be properly understood before being used in combat as a result of changes in the dynamics of conflict. The shooting ranges are suitable for this criterion because they aim to provide a secure environment for weapons training.

The growing need for live fire drills and the production of the latest sophisticated firearms is driving the growth of the shooting ranges market. However, the availability of space to set up a shooting range and the high initial cost may hamper the growth of the market. In addition, the combination of the old shooting range restructuring with other skills is expected to create market opportunities for the market during the forecast period.

In addition, an increase in the number of shooting ranges is being developed across the globe. This growth is largely being driven by the growing popularity of shooting sports and the need for safe and controlled environments for target shooting and firearms training. Overall, the shooting ranges market is expected to continue to grow as more people become interested in shooting sports and the demand for firearms training and personal protection continues to increase. This growth is likely to create opportunities for businesses operating in the shooting range industry, including shooting range developers, equipment manufacturers, and shooting sports retailers.

The market is segmented into type, product type, end-user, and region. The type segment is divided into indoor shooting ranges and outdoor shooting ranges. In terms of product type, the market is segmented into virtual simulators, fixed targets, and moving targets. The end-user segment is further divided into military and civil. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Competitive analysis and profiles of the major shooting ranges market players include Action Target, Inc., Cubic Corporation, Laser Shot, Inc., InVeris Training Solutions, Zen Technologies Ltd., Polytronic International AG, Range Systems, Inc., SAAB AB, Theissen Training Systems Gmbh, Virtra Training Systems, Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the shooting ranges market analysis from 2021 to 2031 to identify the prevailing shooting ranges market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the shooting ranges market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global shooting ranges market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type

  • Indoor Shooting Range
  • Outdoor Shooting Range

By Product Type

  • Fixed Targets
  • Moving Targets
  • Virtual Simulators

By End-User

  • Military
  • Civil

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • InVeris Training Solutions
  • Action Target, Inc.
  • Range Systems, Inc.
  • Laser Shot, Inc.
  • Virtra Training Systems, Inc.
  • Saab AB
  • Zen Technologies Ltd
  • Polytronic International AG
  • Theissen Training Systems GmbH
  • Cubic Corporation

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in territorial conflicts throughout the world
3.4.1.2. Increase in defense expenditure
3.4.1.3. Increase in demand for guns for competitive sports
3.4.2. Restraints
3.4.2.1. High costs associated with simulation and training services & products
3.4.2.2. Increasing environmental issues
3.4.3. Opportunities
3.4.3.1. Increase in contracts and agreements with military forces
3.4.3.2. Defense modernization
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: SHOOTING RANGES MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Indoor Shooting Range
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Outdoor Shooting Range
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
CHAPTER 5: SHOOTING RANGES MARKET, BY PRODUCT TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Fixed Targets
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Moving Targets
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Virtual Simulators
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: SHOOTING RANGES MARKET, BY END-USER
6.1. Overview
6.1.1. Market size and forecast
6.2. Military
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Civil
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
CHAPTER 7: SHOOTING RANGES MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key trends and opportunities
7.2.2. Market size and forecast, by Type
7.2.3. Market size and forecast, by Product Type
7.2.4. Market size and forecast, by End-User
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Key market trends, growth factors and opportunities
7.2.5.1.2. Market size and forecast, by Type
7.2.5.1.3. Market size and forecast, by Product Type
7.2.5.1.4. Market size and forecast, by End-User
7.2.5.2. Canada
7.2.5.2.1. Key market trends, growth factors and opportunities
7.2.5.2.2. Market size and forecast, by Type
7.2.5.2.3. Market size and forecast, by Product Type
7.2.5.2.4. Market size and forecast, by End-User
7.2.5.3. Mexico
7.2.5.3.1. Key market trends, growth factors and opportunities
7.2.5.3.2. Market size and forecast, by Type
7.2.5.3.3. Market size and forecast, by Product Type
7.2.5.3.4. Market size and forecast, by End-User
7.3. Europe
7.3.1. Key trends and opportunities
7.3.2. Market size and forecast, by Type
7.3.3. Market size and forecast, by Product Type
7.3.4. Market size and forecast, by End-User
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Key market trends, growth factors and opportunities
7.3.5.1.2. Market size and forecast, by Type
7.3.5.1.3. Market size and forecast, by Product Type
7.3.5.1.4. Market size and forecast, by End-User
7.3.5.2. UK
7.3.5.2.1. Key market trends, growth factors and opportunities
7.3.5.2.2. Market size and forecast, by Type
7.3.5.2.3. Market size and forecast, by Product Type
7.3.5.2.4. Market size and forecast, by End-User
7.3.5.3. France
7.3.5.3.1. Key market trends, growth factors and opportunities
7.3.5.3.2. Market size and forecast, by Type
7.3.5.3.3. Market size and forecast, by Product Type
7.3.5.3.4. Market size and forecast, by End-User
7.3.5.4. Spain
7.3.5.4.1. Key market trends, growth factors and opportunities
7.3.5.4.2. Market size and forecast, by Type
7.3.5.4.3. Market size and forecast, by Product Type
7.3.5.4.4. Market size and forecast, by End-User
7.3.5.5. Rest of Europe
7.3.5.5.1. Key market trends, growth factors and opportunities
7.3.5.5.2. Market size and forecast, by Type
7.3.5.5.3. Market size and forecast, by Product Type
7.3.5.5.4. Market size and forecast, by End-User
7.4. Asia-Pacific
7.4.1. Key trends and opportunities
7.4.2. Market size and forecast, by Type
7.4.3. Market size and forecast, by Product Type
7.4.4. Market size and forecast, by End-User
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Key market trends, growth factors and opportunities
7.4.5.1.2. Market size and forecast, by Type
7.4.5.1.3. Market size and forecast, by Product Type
7.4.5.1.4. Market size and forecast, by End-User
7.4.5.2. India
7.4.5.2.1. Key market trends, growth factors and opportunities
7.4.5.2.2. Market size and forecast, by Type
7.4.5.2.3. Market size and forecast, by Product Type
7.4.5.2.4. Market size and forecast, by End-User
7.4.5.3. Japan
7.4.5.3.1. Key market trends, growth factors and opportunities
7.4.5.3.2. Market size and forecast, by Type
7.4.5.3.3. Market size and forecast, by Product Type
7.4.5.3.4. Market size and forecast, by End-User
7.4.5.4. South Korea
7.4.5.4.1. Key market trends, growth factors and opportunities
7.4.5.4.2. Market size and forecast, by Type
7.4.5.4.3. Market size and forecast, by Product Type
7.4.5.4.4. Market size and forecast, by End-User
7.4.5.5. Rest of Asia-Pacific
7.4.5.5.1. Key market trends, growth factors and opportunities
7.4.5.5.2. Market size and forecast, by Type
7.4.5.5.3. Market size and forecast, by Product Type
7.4.5.5.4. Market size and forecast, by End-User
7.5. LAMEA
7.5.1. Key trends and opportunities
7.5.2. Market size and forecast, by Type
7.5.3. Market size and forecast, by Product Type
7.5.4. Market size and forecast, by End-User
7.5.5. Market size and forecast, by country
7.5.5.1. Latin America
7.5.5.1.1. Key market trends, growth factors and opportunities
7.5.5.1.2. Market size and forecast, by Type
7.5.5.1.3. Market size and forecast, by Product Type
7.5.5.1.4. Market size and forecast, by End-User
7.5.5.2. Middle East
7.5.5.2.1. Key market trends, growth factors and opportunities
7.5.5.2.2. Market size and forecast, by Type
7.5.5.2.3. Market size and forecast, by Product Type
7.5.5.2.4. Market size and forecast, by End-User
7.5.5.3. Africa
7.5.5.3.1. Key market trends, growth factors and opportunities
7.5.5.3.2. Market size and forecast, by Type
7.5.5.3.3. Market size and forecast, by Product Type
7.5.5.3.4. Market size and forecast, by End-User
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1. Action Target, Inc.
9.1.1. Company overview
9.1.2. Key Executives
9.1.3. Company snapshot
9.1.4. Operating business segments
9.1.5. Product portfolio
9.1.6. Key strategic moves and developments
9.2. Cubic Corporation
9.2.1. Company overview
9.2.2. Key Executives
9.2.3. Company snapshot
9.2.4. Product portfolio
9.2.5. Key strategic moves and developments
9.3. Laser Shot, Inc.
9.3.1. Company overview
9.3.2. Key Executives
9.3.3. Company snapshot
9.3.4. Operating business segments
9.3.5. Product portfolio
9.4. InVeris Training Solutions
9.4.1. Company overview
9.4.2. Key Executives
9.4.3. Company snapshot
9.4.4. Operating business segments
9.4.5. Product portfolio
9.4.6. Key strategic moves and developments
9.5. Polytronic International AG
9.5.1. Company overview
9.5.2. Key Executives
9.5.3. Company snapshot
9.5.4. Operating business segments
9.5.5. Product portfolio
9.6. Range Systems, Inc.
9.6.1. Company overview
9.6.2. Key Executives
9.6.3. Company snapshot
9.6.4. Operating business segments
9.6.5. Product portfolio
9.6.6. Key strategic moves and developments
9.7. Saab AB
9.7.1. Company overview
9.7.2. Key Executives
9.7.3. Company snapshot
9.7.4. Operating business segments
9.7.5. Product portfolio
9.7.6. Business performance
9.7.7. Key strategic moves and developments
9.8. Theissen Training Systems GmbH
9.8.1. Company overview
9.8.2. Key Executives
9.8.3. Company snapshot
9.8.4. Operating business segments
9.8.5. Product portfolio
9.9. Virtra Training Systems, Inc.
9.9.1. Company overview
9.9.2. Key Executives
9.9.3. Company snapshot
9.9.4. Operating business segments
9.9.5. Product portfolio
9.9.6. Business performance
9.9.7. Key strategic moves and developments
9.10. Zen Technologies Ltd
9.10.1. Company overview
9.10.2. Key Executives
9.10.3. Company snapshot
9.10.4. Operating business segments
9.10.5. Product portfolio
9.10.6. Business performance
List of Tables
TABLE 01. GLOBAL SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 02. SHOOTING RANGES MARKET FOR INDOOR SHOOTING RANGE, BY REGION, 2021-2031 ($MILLION)
TABLE 03. SHOOTING RANGES MARKET FOR OUTDOOR SHOOTING RANGE, BY REGION, 2021-2031 ($MILLION)
TABLE 04. GLOBAL SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 05. SHOOTING RANGES MARKET FOR FIXED TARGETS, BY REGION, 2021-2031 ($MILLION)
TABLE 06. SHOOTING RANGES MARKET FOR MOVING TARGETS, BY REGION, 2021-2031 ($MILLION)
TABLE 07. SHOOTING RANGES MARKET FOR VIRTUAL SIMULATORS, BY REGION, 2021-2031 ($MILLION)
TABLE 08. GLOBAL SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 09. SHOOTING RANGES MARKET FOR MILITARY, BY REGION, 2021-2031 ($MILLION)
TABLE 10. SHOOTING RANGES MARKET FOR CIVIL, BY REGION, 2021-2031 ($MILLION)
TABLE 11. SHOOTING RANGES MARKET, BY REGION, 2021-2031 ($MILLION)
TABLE 12. NORTH AMERICA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 13. NORTH AMERICA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 14. NORTH AMERICA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 15. NORTH AMERICA SHOOTING RANGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 16. U.S. SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 17. U.S. SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 18. U.S. SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 19. CANADA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 20. CANADA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 21. CANADA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 22. MEXICO SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 23. MEXICO SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 24. MEXICO SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 25. EUROPE SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 26. EUROPE SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 27. EUROPE SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 28. EUROPE SHOOTING RANGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 29. GERMANY SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 30. GERMANY SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 31. GERMANY SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 32. UK SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 33. UK SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 34. UK SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 35. FRANCE SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 36. FRANCE SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 37. FRANCE SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 38. SPAIN SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 39. SPAIN SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 40. SPAIN SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 41. REST OF EUROPE SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 42. REST OF EUROPE SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 43. REST OF EUROPE SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 44. ASIA-PACIFIC SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 45. ASIA-PACIFIC SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 46. ASIA-PACIFIC SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 47. ASIA-PACIFIC SHOOTING RANGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 48. CHINA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 49. CHINA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 50. CHINA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 51. INDIA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 52. INDIA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 53. INDIA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 54. JAPAN SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 55. JAPAN SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 56. JAPAN SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 57. SOUTH KOREA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 58. SOUTH KOREA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 59. SOUTH KOREA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 60. REST OF ASIA-PACIFIC SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 61. REST OF ASIA-PACIFIC SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 62. REST OF ASIA-PACIFIC SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 63. LAMEA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 64. LAMEA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 65. LAMEA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 66. LAMEA SHOOTING RANGES MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 67. LATIN AMERICA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 68. LATIN AMERICA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 69. LATIN AMERICA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 70. MIDDLE EAST SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 71. MIDDLE EAST SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 72. MIDDLE EAST SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 73. AFRICA SHOOTING RANGES MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 74. AFRICA SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021-2031 ($MILLION)
TABLE 75. AFRICA SHOOTING RANGES MARKET, BY END-USER, 2021-2031 ($MILLION)
TABLE 76. ACTION TARGET, INC.: KEY EXECUTIVES
TABLE 77. ACTION TARGET, INC.: COMPANY SNAPSHOT
TABLE 78. ACTION TARGET, INC.: PRODUCT SEGMENTS
TABLE 79. ACTION TARGET, INC.: SERVICE SEGMENTS
TABLE 80. ACTION TARGET, INC.: PRODUCT PORTFOLIO
TABLE 81. ACTION TARGET, INC.: KEY STRATERGIES
TABLE 82. CUBIC CORPORATION: KEY EXECUTIVES
TABLE 83. CUBIC CORPORATION: COMPANY SNAPSHOT
TABLE 84. CUBIC CORPORATION: PRODUCT PORTFOLIO
TABLE 85. CUBIC CORPORATION: KEY STRATERGIES
TABLE 86. LASER SHOT, INC.: KEY EXECUTIVES
TABLE 87. LASER SHOT, INC.: COMPANY SNAPSHOT
TABLE 88. LASER SHOT, INC.: PRODUCT SEGMENTS
TABLE 89. LASER SHOT, INC.: PRODUCT PORTFOLIO
TABLE 90. INVERIS TRAINING SOLUTIONS: KEY EXECUTIVES
TABLE 91. INVERIS TRAINING SOLUTIONS: COMPANY SNAPSHOT
TABLE 92. INVERIS TRAINING SOLUTIONS: PRODUCT SEGMENTS
TABLE 93. INVERIS TRAINING SOLUTIONS: PRODUCT PORTFOLIO
TABLE 94. INVERIS TRAINING SOLUTIONS: KEY STRATERGIES
TABLE 95. POLYTRONIC INTERNATIONAL AG: KEY EXECUTIVES
TABLE 96. POLYTRONIC INTERNATIONAL AG: COMPANY SNAPSHOT
TABLE 97. POLYTRONIC INTERNATIONAL AG: PRODUCT SEGMENTS
TABLE 98. POLYTRONIC INTERNATIONAL AG: PRODUCT PORTFOLIO
TABLE 99. RANGE SYSTEMS, INC.: KEY EXECUTIVES
TABLE 100. RANGE SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 101. RANGE SYSTEMS, INC.: PRODUCT SEGMENTS
TABLE 102. RANGE SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 103. RANGE SYSTEMS, INC.: KEY STRATERGIES
TABLE 104. SAAB AB: KEY EXECUTIVES
TABLE 105. SAAB AB: COMPANY SNAPSHOT
TABLE 106. SAAB AB: PRODUCT SEGMENTS
TABLE 107. SAAB AB: PRODUCT PORTFOLIO
TABLE 108. SAAB AB: KEY STRATERGIES
TABLE 109. THEISSEN TRAINING SYSTEMS GMBH: KEY EXECUTIVES
TABLE 110. THEISSEN TRAINING SYSTEMS GMBH: COMPANY SNAPSHOT
TABLE 111. THEISSEN TRAINING SYSTEMS GMBH: PRODUCT SEGMENTS
TABLE 112. THEISSEN TRAINING SYSTEMS GMBH: SERVICE SEGMENTS
TABLE 113. THEISSEN TRAINING SYSTEMS GMBH: PRODUCT PORTFOLIO
TABLE 114. VIRTRA TRAINING SYSTEMS, INC.: KEY EXECUTIVES
TABLE 115. VIRTRA TRAINING SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 116. VIRTRA TRAINING SYSTEMS, INC.: PRODUCT SEGMENTS
TABLE 117. VIRTRA TRAINING SYSTEMS, INC.: PRODUCT PORTFOLIO
TABLE 118. VIRTRA TRAINING SYSTEMS, INC.: KEY STRATERGIES
TABLE 119. ZEN TECHNOLOGIES LTD: KEY EXECUTIVES
TABLE 120. ZEN TECHNOLOGIES LTD: COMPANY SNAPSHOT
TABLE 121. ZEN TECHNOLOGIES LTD: PRODUCT SEGMENTS
TABLE 122. ZEN TECHNOLOGIES LTD: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. SHOOTING RANGES MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF SHOOTING RANGES MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN SHOOTING RANGES MARKET (2022-2031)
FIGURE 04. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 05. HIGH BARGAINING POWER OF BUYERS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. HIGH THREAT OF NEW ENTRANTS
FIGURE 08. HIGH INTENSITY OF RIVALRY
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALSHOOTING RANGES MARKET
FIGURE 10. SHOOTING RANGES MARKET, BY TYPE, 2021 (%)
FIGURE 11. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR INDOOR SHOOTING RANGE, BY COUNTRY 2021-2031 (%)
FIGURE 12. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR OUTDOOR SHOOTING RANGE, BY COUNTRY 2021-2031 (%)
FIGURE 13. SHOOTING RANGES MARKET, BY PRODUCT TYPE, 2021 (%)
FIGURE 14. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR FIXED TARGETS, BY COUNTRY 2021-2031 (%)
FIGURE 15. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR MOVING TARGETS, BY COUNTRY 2021-2031 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR VIRTUAL SIMULATORS, BY COUNTRY 2021-2031 (%)
FIGURE 17. SHOOTING RANGES MARKET, BY END-USER, 2021 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR MILITARY, BY COUNTRY 2021-2031 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF SHOOTING RANGES MARKET FOR CIVIL, BY COUNTRY 2021-2031 (%)
FIGURE 20. SHOOTING RANGES MARKET BY REGION, 2021
FIGURE 21. U.S. SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 22. CANADA SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 23. MEXICO SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 24. GERMANY SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 25. UK SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 26. FRANCE SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 27. SPAIN SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 28. REST OF EUROPE SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 29. CHINA SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 30. INDIA SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 31. JAPAN SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 32. SOUTH KOREA SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 33. REST OF ASIA-PACIFIC SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 34. LATIN AMERICA SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 35. MIDDLE EAST SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 36. AFRICA SHOOTING RANGES MARKET, 2021-2031 ($MILLION)
FIGURE 37. TOP WINNING STRATEGIES, BY YEAR
FIGURE 38. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 39. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 40. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 41. COMPETITIVE DASHBOARD
FIGURE 42. COMPETITIVE HEATMAP: SHOOTING RANGES MARKET
FIGURE 43. TOP PLAYER POSITIONING, 2021
FIGURE 44. SAAB AB: NET REVENUE, 2019-2021 ($MILLION)
FIGURE 45. SAAB AB: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021
FIGURE 46. SAAB AB: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 47. SAAB AB: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 48. ZEN TECHNOLOGIES LTD: RESEARCH & DEVELOPMENT EXPENDITURE, 2019-2021 ($MILLION)
FIGURE 49. ZEN TECHNOLOGIES LTD: NET REVENUE, 2019-2021 ($MILLION)

Executive Summary

The Shooting Range Market is expected to experience a significant growth rate of 8.3% from 2022 to 2031 owing to a rise in investments made by law enforcement and military agencies in shooting training.

Shooting ranges are regulated, environmental facilities are designed for weapons training and research, and often archery. It can be indoors or outdoors, in the suburbs or in the woodlands. Shooting is a basic skill that every soldier needs and is improved through rigorous and long-term training. A shooting range is a facility that provides specialized facilities in a safe location for training and practicing shooting sports such as board games, archery, and shooting. A shooting range designed to provide a safe atmosphere for firearms training fits this requirement.

The major drivers for the market growth are a growing preference for shooting as a form of entertainment, an increasing number of countries allowing their citizens to use weapons for self-defense, and a growing demand for technologically advanced weapons to train soldiers. However, the high initial cost of setting up a shooting range and the availability of space may hamper the growth of the market. Moreover, the combination of restructuring the old shooting range with other skills is expected to create market opportunities for the shooting ranges market during the forecast period.

In addition, rise of gun ownership in the U.S., more individuals are seeking out training to learn how to use firearms safely and effectively. Additionally, some individuals may seek out shooting range training for personal defense purposes, such as to protect themselves and their families. Moreover, technological advancements, such as the development of virtual shooting ranges and training simulators. These technologies can provide a more cost-effective and flexible alternative to traditional shooting range training, particularly for individuals or organizations with limited resources or access to physical shooting ranges creating lucrative growth opportunities for the shooting ranges market.

Furthermore, guns are the most basic weapon a soldier has on the battlefield. The presence of geographically complex regions and the limited range of heavy weapons systems have increased reliance on small arms among soldiers. This led to a focus on training each soldier to become proficient in gunnery through Wehrmacht training. The availability of easy-to-install, inexpensive assemblies and the need for all soldiers to be trained in weapons have increased the demand for firing ranges in the global defense sector further providing market opportunities for the shooting range market.

Moreover, consumer preferences for certain types of firearms, such as handguns, rifles, and snipers, because of the advanced training required which may also impact the market. In addition, geopolitical events can also impact the shooting ranges market. For instance, conflicts or political instability in certain regions may increase demand for firearms and ammunition training, particularly in regions with weak law enforcement or where citizens may feel a need to protect themselves.

The market also offers growth opportunities to the key players in the market. Numerous national, national, and international competitions are held around the world, offering attractive prizes and recognition to participants. With an increasing number of young people turning to sports and favoring low-key shooting as a career option, shooting ranges are in high demand around the world.

The shooting ranges market is segmented into type, product type, end-user, and region. The type segment is divided into indoor shooting ranges and outdoor shooting ranges. In terms of product type, the market is segmented into virtual simulators, fixed targets, and moving targets. The end-user segment is further divided into military and civil. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key players operating in the global shooting ranges market include Action Target, Inc., Cubic Corporation, Laser Shot, Inc., InVeris Training Solutions, Zen Technologies Ltd., Polytronic International AG, Range Systems, Inc., Saab AB, Theissen Training Systems GmbH, Virtra Training Systems, Inc. The players in the market have been actively engaged in the adoption of various strategies such as agreements, contracts, and product launches, to remain competitive and gain an advantage over the competitors in the market. For instance, in August 2022, Virtra Training Systems, Inc. received an order worth $0.9 million from a Canadian law enforcement agency. Virtra provides multiple V-100 and V-180 simulators and associated tools and accessories designed for simulator training, including drop-in recoil kits and V-Author scenario authoring software.

Key Market Insights

  • By type, the outdoor shooting range segment is expected to register significant growth during the forecast period.
  • By product type, the virtual simulators segment is anticipated to exhibit significant growth in the near future.
  • By end-user, the military segment is projected to lead the global shooting ranges market owing to a higher CAGR.
  • By region, LAMEA is anticipated to register the highest CAGR during the forecast period.

Companies Mentioned

  • InVeris Training Solutions
  • Action Target, Inc.
  • Range Systems, Inc.
  • Laser Shot, Inc.
  • Virtra Training Systems, Inc.
  • Saab AB
  • Zen Technologies Ltd
  • Polytronic International AG
  • Theissen Training Systems GmbH
  • Cubic Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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