In-depth analysis of COVID-19 impact on the Shooting Ranges Market

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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,
analyses and studies the major market drivers,
restraints, opportunities, and challenges in
North America, Europe, Asia- Pacific, the
Middle East, and Rest of the World. 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. Download PDF Brochure _at_ https//www.marke
tsandmarkets.com/pdfdownloadNew.asp?id138688111 T
he 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
Market Players Key players in this market include
SAAB AB (Training and Simulation) (Sweden),
Meggitt Training Systems, Inc. (U.S.), Theissen
Training Systems GmbH (Germany),
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Range Systems, Inc. (U.S.), and Polytronic
International AG (Switzerland) are some of the
major players in the global shooting ranges
market. Ask for Sample Report _at_ https//www.market
sandmarkets.com/requestsampleNew.asp?id138688111
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