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Shooting Ranges Market by Type (Indoor Shooting Range, Outdoor Shooting Range), Product Type (Fixed Targets, Moving Targets, Virtual Simulators), Application (Military, Civil), and Region 2024-2032

January 2024 | 145 pages | ID: S8401107F2CCEN
IMARC Group

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The global shooting ranges market size reached US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2032, exhibiting a growth rate (CAGR) of 7.07% during 2024-2032. The growing interest in shooting sports, the rising expenditure capacities of consumers, and the increasing defense and law enforcement budgets, are some of the key factors driving the market.

Shooting ranges are controlled environmental facilities designed to practice and develop shooting skills. They are either indoor, outdoor, or virtual, located generally on the outskirts of a city or nearby forested areas. They include various components, such as firing points, targets, backstops, wind flags, and lights, and offer a variety of shooting options, including handguns, rifles, shotguns, and archery. Shooting ranges are used for fun and engaging shooting activities, improving skills in shooting sports or self-defense, testing firearms for accuracy, reliability, and performance, and developing skills. In addition, shooting helps to build self-esteem, and confidence, improve physical and mental health, relieve stress, and increase strength, stamina, and hand-and-eye coordination. As a result, shooting ranges are used by defense, military, and law enforcement personnel, for training purposes.

Shooting Ranges Market Trends:
The growing interest in shooting sports across the globe is one of the key factors driving the market growth. Shooting sports are becoming popular as a recreational and competitive sport as it is a physically demanding activity that helps promote health and wellness and improve hand-eye coordination and concentration. In line with this, the increasing demand for safe and controlled environments to practice and develop shooting skills is acting as another growth-inducing factor. Moreover, the rising inclination toward shooting among millennials owing to the easy availability of affordable and high-quality firearms, ammunition, and accessories is favoring the market growth. Apart from this, the introduction of virtual shooting ranges that helps individuals to practice shooting in a simulated environment and provides a safe and controlled facility, which in turn is providing an impetus to the market growth. Additionally, the widespread utilization of shooting ranges by military and law enforcement personnel to train and maintain their shooting skills is propelling the market growth. Furthermore, the development of modular shooting ranges that use prefabricated panels and components to create customizable shooting environments and offer mobility, flexibility, and cost-effectiveness is creating a positive outlook for the market. Other factors, including increasing defense and law enforcement budgets, rising shooting sports competitions, integration of smart technologies, increasing territorial conflicts, rising expenditure capacities of consumers, and the implementation of various government initiatives to build safe shooting ranges, are anticipated to drive the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global shooting ranges market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, product type, and application.

Type Insights:

Indoor Shooting Range
Outdoor Shooting Range

The report has provided a detailed breakup and analysis of the shooting ranges market based on the type. This includes indoor and outdoor shooting ranges. According to the report, indoor shooting ranges represented the largest segment.

Product Type Insights:

Fixed Targets
Moving Targets
Virtual Simulators

A detailed breakup and analysis of the shooting ranges market based on the product type has also been provided in the report. This includes fixed and moving targets and virtual simulators. According to the report, virtual simulators accounted for the largest market share.

Application Insights:

Military
Civil

The report has provided a detailed breakup and analysis of the shooting ranges market based on the application. This includes military and civil. According to the report, military represented the largest segment.

Regional Insights:

North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for shooting ranges. Some of the factors driving the North America shooting ranges market included increasing defense and law enforcement budgets, significant technological advancements, and the rising expenditure capacities of consumers.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global shooting ranges market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Action Target Inc., ATS Targets, Cubic Corporation, ELI Military Stimulations, InVeris Training Solutions, Laser Shot Inc., Polytronic International AG, Range Systems Inc., T.T.S. Theissen Training Systems GmbH, Zen Technologies Limited, etc.

Key Questions Answered in This Report

1. How big is the global shooting ranges market?
2. What is the expected growth rate of the global shooting ranges market during 2024-2032?
3. What are the key factors driving the global shooting ranges market?
4. What has been the impact of COVID-19 on the global shooting ranges market?
5. What is the breakup of the global shooting ranges market based on the type?
6. What is the breakup of the global shooting ranges market based on the product type?
7. What is the breakup of the global shooting ranges market based on the application?
8. What are the key regions in the global shooting ranges market?
9. Who are the key players/companies in the global shooting ranges market?
1 PREFACE


2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY


4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL SHOOTING RANGES MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 Indoor Shooting Range
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Outdoor Shooting Range
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY PRODUCT TYPE

7.1 Fixed Targets
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Moving Targets
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Virtual Simulators
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Military
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Civil
  8.2.1 Market Trends
  8.2.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 DRIVERS, RESTRAINTS, AND OPPORTUNITIES

10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities

11 VALUE CHAIN ANALYSIS


12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS


14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Action Target Inc.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 ATS Targets
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Cubic Corporation
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 SWOT Analysis
  14.3.4 ELI Military Stimulations
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
  14.3.5 InVeris Training Solutions
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 Laser Shot Inc.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Polytronic International AG
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Range Systems Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 T.T.S. Theissen Training Systems GmbH
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Zen Technologies Limited
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials


LIST OF TABLES

Table 1: Global: Shooting Ranges Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Shooting Ranges Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Shooting Ranges Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 4: Global: Shooting Ranges Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Shooting Ranges Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Shooting Ranges Market: Competitive Structure
Table 7: Global: Shooting Ranges Market: Key Players

LIST OF FIGURES

Figure 1: Global: Shooting Ranges Market: Major Drivers and Challenges
Figure 2: Global: Shooting Ranges Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Shooting Ranges Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Shooting Ranges Market: Breakup by Type (in %), 2023
Figure 5: Global: Shooting Ranges Market: Breakup by Product Type (in %), 2023
Figure 6: Global: Shooting Ranges Market: Breakup by Application (in %), 2023
Figure 7: Global: Shooting Ranges Market: Breakup by Region (in %), 2023
Figure 8: Global: Shooting Ranges (Indoor Shooting Range) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Shooting Ranges (Indoor Shooting Range) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Shooting Ranges (Outdoor Shooting Range) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Shooting Ranges (Outdoor Shooting Range) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Shooting Ranges (Fixed Targets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Shooting Ranges (Fixed Targets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Shooting Ranges (Moving Targets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Shooting Ranges (Moving Targets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Shooting Ranges (Virtual Simulators) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Shooting Ranges (Virtual Simulators) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Shooting Ranges (Military) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Shooting Ranges (Military) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Shooting Ranges (Civil) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Shooting Ranges (Civil) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: North America: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: North America: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: United States: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: United States: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Canada: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Canada: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Asia-Pacific: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Asia-Pacific: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: China: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: China: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Japan: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Japan: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: India: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: India: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: South Korea: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: South Korea: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Australia: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Australia: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Indonesia: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Indonesia: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Others: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Others: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Europe: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Europe: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Germany: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Germany: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: France: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: France: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: United Kingdom: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: United Kingdom: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Italy: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Italy: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Spain: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Spain: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Russia: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Russia: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Latin America: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Latin America: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Brazil: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Brazil: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Mexico: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Mexico: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Middle East and Africa: Shooting Ranges Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Middle East and Africa: Shooting Ranges Market: Breakup by Country (in %), 2023
Figure 70: Middle East and Africa: Shooting Ranges Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Global: Shooting Ranges Industry: Drivers, Restraints, and Opportunities
Figure 72: Global: Shooting Ranges Industry: Value Chain Analysis
Figure 73: Global: Shooting Ranges Industry: Porter's Five Forces Analysis


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