Global Shooting Ranges Market to Reach US$ 2.3 Billion by 2032, Propelled by the Increasing Demand for Safe and Controlled Environments

May 18, 2023 | Aerospace and Defense

According to the latest report by IMARC Group, titled “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," the global shooting ranges market size reached US$ 1.2 Billion in 2023. Shooting ranges refer to specialized facilities designed to offer a secure environment for practicing and improving shooting skills. It includes indoor and outdoor shooting ranges that provide a wide variety of target practices, such as traditional bullseye, reactive targets, clay pigeons, and virtual targets. Shooting ranges are widely used for recreational activities, military training, competitive shooting, skill development, self-defense training, hunting practices, and firearm testing. They ensure user safety, and proper weapon handling, promote responsible gun ownership, spread public awareness, and reduce the risk of accidents. Shooting ranges also allow law enforcement officers and military professionals to practice tactical maneuvers, real-life scenarios, and team-based operations.

Shooting Ranges Market Trends:

The rising demand for shooting ranges to provide a safe and controlled environment for individuals to refine their skills and practice with a wide range of weapons, such as revolvers, pistols, rifles, shotguns, and other firearms, is one of the primary factors propelling the market growth. Furthermore, the widespread facility utilization by military and law enforcement agencies to train personnel for armed conflicts, familiarize them with new weapon systems, practice realistic combat scenarios, and refine marksmanship skills is positively influencing the market growth. Additionally, the introduction of electronic scoring systems that are equipped with advanced sensors and digital technologies to automatically record and display shot accuracy and offer real-time feedback to shooters is providing an impetus to the market growth. Besides this, the utilization of augmented reality (AR) and virtual reality (VR) to provide immersive training experiences, simulate realistic scenarios, and enhance situational awareness during shooting exercises is contributing to the market growth. Apart from this, the implementation of supportive government policies to develop shooting range infrastructures, support training programs, and promote shooting sports is providing a thrust to the market growth. Moreover, the growing participation in shooting sports across the globe for recreation, competition, and personal skill development are supporting the market growth. Other factors, including rapid military modernization, extensive research and development (R&D) activities, and the growing awareness among the masses regarding firearm safety, are anticipated to drive the market growth. On account of the aforementioned factors, the market value is expected to reach US$ 2.3 Billion by 2032, exhibiting a CAGR of 7.07% during 2024-2032.

Market Summary:

On the basis of the type, the market has been bifurcated into indoor and outdoor shooting ranges. At present, indoor shooting ranges represents the largest segment.
Based on the product type, the market has been classified into fixed targets, moving targets, and virtual simulators. Among these, virtual simulators account for the largest market share.
On the basis of the application type, the market has been bifurcated into military and civil. At present, the military represents the largest segment.
On a regional basis, the market has been categorized into 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. Among these, North America holds the largest market for shooting ranges.
The competitive landscape of the industry has also been examined, with some of the key players being 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.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Types Covered	Indoor Shooting Range, Outdoor Shooting Range
Product Types Covered	Fixed Targets, Moving Targets, Virtual Simulators
Applications Covered	Military, Civil
Regions Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	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.
Customization Scope	10% Free Customization
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Global Shooting Ranges Market to Reach US$ 2.3 Billion by 2032, Propelled by the Increasing Demand for Safe and Controlled Environments

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