The report “ Shooting Ranges Market by Product (Indoor, Outdoor), by Sub-products (Virtual Simulator, Targets), by Indoor & Outdoor Targets – Sub-products, by Application (Civil, Military), & by Geography - Forecast to 2020”, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, the Middle East, and Rest of the World.
Browse 80 market data tables and 78 figures spread through 198 pages and in-depth TOC on “Shooting Ranges Market - Forecast 2020"
Early buyers will receive 10% customization on reports.
This report studies the global shooting ranges market over the forecast period from 2015 to 2020. The market is projected to reach $1,080 Million by the end of 2020, at CAGR of 8.35% from 2015 onwards.
The global shooting ranges market is classified into two major segments, namely, indoor and outdoor shooting ranges. The indoor segment is further categorized into product types such as virtual simulators, moving targets (dual moving, pop-up, and turning), and fixed targets (electronic and knock down) along with applications such as civil and military. Likewise, the outdoor segment comprises product types such as moving targets (turning, multi-purpose, pop-up, and smart targets) and fixed targets, along with applications such as civil and military.
A number of factors such as technological advancements in shooting ranges, increase in demand for advanced training systems, and others drive the global shooting ranges market. On the other hand, factors such as low investment by the Ministry of Defense on shooting range simulation and training and increase in the cost of live training systems are restricting the growth of this market. However, integrating ranges with other training systems and retrofitting old shooting ranges provide new growth opportunities for market players.
As of 2014, North America is estimated to hold the largest share of the global shooting ranges market, followed by Europe. The North American market is projected to grow at the highest CAGR of 10.67% from 2015 to 2020 owing to a rise in military training activities for advanced capabilities by armed personnel.
Key players in this market include SAAB AB (Training and Simulation) (Sweden), Meggitt Training Systems, Inc. (U.S.), Theissen Training Systems GmbH (Germany), Range Systems, Inc. (U.S.), and Polytronic International AG (Switzerland) are some of the major players in the global shooting ranges market.
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Email: [email protected]
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.SEND ME A FREE SAMPLE