Sports Guns Market: A Latest Research Report to Share Sports Guns Industry Insights and Dynamics By 2027
The extensive survey on the Sports Guns market further identifies data that best fits the business requirement such as product classification, application and important definition. In addition, the study takes into account series of industry-leading events designed to enlighten the product owners on return on investment, investment feasibility, supply chain management, consumption volume, customer behaviour and demand and supply. To bring in more accuracy and quality to the study of Sports Guns market the report interprets critical information through tables, infographics, and charts.
The global Sports
Guns Market is poised to expand at a
significant growth rate of 4.8% during the forecasted period to attain a valuation
of USD 3.46 billion by 2027, according to the recent study by Emergen Research.
The key elements influencing the market expansion are the surging adoption of
sports gun for training purposes, entertainment purposes, soaring interest in
hunting, and the use of sports gun for non-lethal use.
Type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
·
Pistols
·
Machine Guns
·
Revolvers
·
Rifles
·
Carbines
·
Shotguns
·
Others
Application
Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
·
T Recreational Sports
·
raining &
Demonstration
Distribution
Channel Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
·
Sport Goods Stores
·
Gun Stores
·
Online
·
Others
Materials
Used Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
·
Polymer
·
Aluminum
·
Steel
·
Others
Asia Pacific market is
forecasted to register a significant growth commanded by China, India, and
South Korea, among others due to the expansion of the defense and law
enforcement budget. Moreover, the soaring demand for shooting games and
increased attraction towards sports events coupled with economic development is
driving the need for sports guns in the region.
Key participants of the
industry are Smith & Wesson Holding Corp., Freedom Group, Orbital ATK,
Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales
Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and
Raytheon Company, among others.
American Outdoor Brands,
Inc., in August 2020, announced the culmination of its spin-off from Smith
& Wesson Brands, Inc. American Outdoor Brands, Inc. would now be trading
independently and is planning to expand their sports gun portfolio through the
e-commerce platform.
For the purpose of this
report, Emergen Research has segregated the Global Sports Guns Market on the
basis of type, application, distribution channel, materials used, and region:
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