Shooting Range Market by Product & Application

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MarketsandMarkets Presents
Shooting Ranges Market worth 1,080 Million by
2020
http//www.marketsandmarkets.com/Market-Reports/sh
ooting-ranges-market-138688111.html
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The report Shooting Ranges Market by Product
(Indoor, Outdoor), By Sub-products (Virtual
Simulator, Targets), by Indoor Targets (Fixed
Knock Down, Electronic Target, Moving Pop-Up,
Turning, Duel Moving), by Outdoor Targets (Fixed,
Moving Multi-purposed, Pop-Up, Turning, Smart
Targets), 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. http//www.marketsandmarkets.com/M
arket-Reports/shooting-ranges-market-138688111.htm
l Browse 80 Market Data Tables 78 Figures 198
pagesEarly buyers will receive 10 customization
on this report.
http//www.marketsandmarkets.com/Market-Reports/sh
ooting-ranges-market-138688111.html
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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.
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ooting-ranges-market-138688111.html
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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.
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ooting-ranges-market-138688111.html
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ooting-ranges-market-138688111.html
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