Global Sporting Guns Market: Snapshot
Sports guns are non-lethal weapons that use metal tubes to fire bullets, pellets, artillery shells, darts or arrows with explosive force or compressed air. These guns are predominantly used in sporting events such as rifle shooting, target shooting, and handgun shooting. Besides competitive sports, sporting guns are also used for recreational purposes for hunting and paintball. Unfortunately, hunting guns have the capability of injuring or harming life, which has become the very reason for their plummeting sales in recent years. The research report states that the global market has a bright future. According to the research report, the opportunity in the global sporting guns market is likely to be worth US$2.3 bn by the end of 2024 as compared to US$1.6 bn in 2015. Between the forecast years of 2016 and 2024, the global market is anticipated to progress at a CAGR of 3.9%.
Growing Participation in Sporting Events Augurs Well for Global Market
The growing awareness about shooting as a sport is expected to be the major driving force for the global market. Target shooting is known to build and enhance physical discipline amongst sportsmen. It improves motor skills, hand-eye coordination, and stamina. The persistent usage of guns increases arm strength, which, in turn, helps in improve the aim at targets. In the case of marksmen it enhances the ability to focus, thus helping them aim at targets with precision. Shooting also sharpens the eyesight, levels of concentration and is hence known as a challenging mental sport. It also challenges the mind to use logic and mathematics to calculate the wind velocity to make a winning aim. These benefits of shooting as a sport are augmenting the demand for sporting guns across the globe.
Sporting guns are used for competitive shooting, recreation, and hunting. As of 2015, the competitive shooting segment held the dominant share in the global market, which was closely followed by hunting. Over the past few years, the competitive shooting segment has witnessed a prolific surge due to increasing participation in sporting activities such as The Olympic Games. However, the demand for sports guns has witnessed a downfall in emerging economies due to their high price of manufacturing and imports.
North America Shows Promise of Steady Growth during Forecast Period
In terms of geography, the global sporting guns market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America is leading the global market in terms of revenue. As of 2015, the regional market held a share of 49% in the overall market. The lion’s share of the regional market is attributable to the growing participation of the population in sporting events, increasing investments in training students for shooting events, and the presence of strong players in the region. Europe also holds a significant share in the global market due to similar reasons.
On the other hand, the demand for sporting guns across Asia Pacific and the Middle East and Africa is expected to decline due to the high cost of components to make these products. However, the global market does have lucrative opportunities in tow as several regions are focusing on refurbishing and replacing old sporting guns with new ones.
The key players operating in the global sporting guns market are Howa Machinery Company Ltd., Sturm, Ruger& Co., Smith & Wesson Holding Corp., Creedmoor Sports, Inc., German Sport Guns GmbH, Dick's Sporting Goods, Inc., Beretta Holding S.p.A., J.G. Anschutz & Co., Browning Arms Company, and Miroku Corporation.
Section 1 Preface
1.1 Report Scope
1.2 Market Segmentation
1.3 Research Highlights
Section 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Models
Section 3 Executive Summary
3.1 Global Sports Gun Market Snapshot
3.2 Global Sports Gun Market Share, By Region 2015 & 2024
Section 4 Sports Gun Market: Overview
4.1 Introduction
4.2 Recent Trend Analysis
Section 5 Sports Gun Market: Dynamics
5.1 Market Drivers
5.1.1 Growing interest in international competitive shooting
5.1.2 Increasing use in entertainment gaming
5.1.3 Health benefits of shooting sports and enhancement of physicaldiscipline to raise demand for global events
5.2 Market Restraints
5.2.1 High procurement costs
5.2.1 Stringent game hunting regulations
5.3 Market Opportunities
5.3.1 Increasing number of global sporting events
5.4 Global Sports Gun Market Outlook, 2015
5.4.1 Market Value Share By Application (2015)
5.4.2 Market Value Share By Type (2015)
5.4.3 Market Value Share By Region (2015)
5.5 Company Market Share Analysis, 2015
Section 6 Global Sports Gun Market: By Application
6.1 Introduction
6.2 Global Sports Gun Market Value Share Analysis, By Application
6.3 Global Sports Gun Market Forecast By Application
6.4 Global Sports Gun Market Analysis By Application
Section 7 Global Sports Gun Market: By Type
7.1 Introduction
7.2 Global Sports Gun Market Value Share Analysis, By Type
7.3 Global Sports Gun Market Forecast By Type
Section 8 North America Sports Gun Market Analysis
8.1 Introduction
8.2 North America Sports Gun Market Value Share Analysis, By Application
8.3 North America Sports Gun Market Forecast, By Application
8.4 North America Sports Gun Market Value Share Analysis, By Type
8.5 North America Sports Gun Market Forecast, By Type
8.6 North America Sports Gun Market Value Share Analysis, By Country
8.7 North America Sports Gun Market Analysis, By Country
8.7.1 U.S. Sports Gun Market, 2016 – 2024, USD Bn
8.7.1 Canada Sports Gun Market, 2016 – 2024, USD Bn
8.7.3 Mexico Sports Gun Market, 2016 – 2024, USD Bn
Section 9 Europe Sports Gun Market
9.1 Introduction
9.2 Europe Sports Gun Market Value Share Analysis, By Application
9.3 Europe Sports GunMarket Forecast, By Application
9.4 Europe Sports Gun Market Value Share Analysis, By Type
9.5 Europe Sports Gun Market Forecast By Type
9.6 Europe Sports Gun Market Value Share Analysis,By Country
9.7 Europe Sports Gun Market Analysis By Country
9.7.1 U.K. Sports Gun Market, 2016 – 2024, USD Bn
9.7.2 Germany Sports Gun Market, 2016 – 2024, USD Bn
9.7.3 France Sports Gun Market, 2016 – 2024, USD Bn
9.7.4 Italy Sports Gun Market, 2016 – 2024, USD Bn
9.7.5 Rest of EuropeSports Gun Market, 2016 – 2024, USD Bn
Section 10 Asia Pacific Sports Gun Market
10.1 Introduction
10.2 Asia PacificSports Gun Market Value Share Analysis,By Application
10.3 Asia PacificSports Gun Market Forecast By Application
10.4 Asia PacificSports Gun Market Value Share Analysis, By Type
10.5 Asia PacificSports Gun Market Forecast By Type
10.6 Asia PacificSports Gun Market Value Share Analysis,By Country
10.7 Asia Pacific Sports Gun Market Analysis By Country
10.7.1 ChinaSports Gun Market, 2016 – 2024, USD Bn
10.7.2 JapanSports Gun Market, 2016 – 2024, USD Bn
10.7.3 IndiaSports Gun Market, 2016 – 2024, USD Bn
10.7.4 South KoreaSports Gun Market, 2016 – 2024, USD Bn
10.7.4 Rest of Asia Pacific Sports Gun Market, 2016 – 2024, USD Bn
Section11 Middle East and Africa Market
11.1 Introduction
11.2 Middle East and Africa Pacific Sports Gun Market Value Share Analysis,By Application
11.3 Middle East and Africa Pacific Sports Gun Market Forecast By Application
11.4 Middle East and Africa Pacific Sports Gun Market Value Share Analysis, By Type
11.5 Middle East and Africa Pacific Sports Gun Market Forecast By Type
11.6 Middle East and Africa Pacific Sports Gun Market Value Share Analysis,By Country
11.7 Middle East and Africa Pacific Sports Gun Market Forecast By Country
11.7.1 UAESports Gun Market, 2016 – 2024, USD Bn
11.7.2 Saudi ArabiaSports Gun Market, 2016 – 2024, USD Bn
11.7.3 South AfricaSports Gun Market, 2016 – 2024, USD Bn
11.7.4 Rest of MEA Sports Gun Market, 2016 – 2024, USD Bn
Section 12 Latin America Market
12.1 Introduction
12.2 Latin America Sports Gun Market Value Share Analysis,By Application
12.3 Latin America Pacific Sports Gun Market Forecast By Application
12.4 Latin America Pacific Sports Gun Market Value Share Analysis, By Type
12.5 Latin America Pacific Sports Gun Market Forecast By Type
12.6 Latin America Pacific Sports Gun Market Value Share Analysis,By Country
12.7 Latin America Pacific Sports Gun Market Forecast By Country
12.7.1 Brazil Sports Gun Market, 2016 – 2024, USD Bn
12.7.2 Argentina Sports Gun Market, 2016 – 2024, USD Bn
12.7.3 Rest of Latin America Sports Gun Market, 2016 – 2024, USD Bn
Section 13 Sports Gun Market: Company Profile
13.1 Howa Machinery Company Ltd.
13.1.1 Company Details
13.1.2 Market Presence
13.1.3 RecentDevelopments
13.1.4 Financial
13.1.5 Strategic Overview
13.2 Sturm, Ruger & Co.
13.2.1 Company Details
13.2.2 Market Presence
13.2.3 RecentDevelopments
13.2.4 Financial
13.2.5 Strategic Overview
13.3 Smith & Wesson Holding Corp.
13.3.1 Company Details
13.3.2 Market Presence
13.3.3 RecentDevelopments
13.3.4 Financial
13.3.5 Strategic Overview
13.4 Creedmoor Sports, Inc.
13.4.1 Company Details
13.4.2 Market Presence
13.4.3 RecentDevelopments
13.4.4 Strategic Overview
13.5 German Sport Guns GmbH
13.5.1 Company Details
13.5.2 Market Presence
13.5.3 RecentDevelopment
13.5.4 Strategic Overview
13.6 Dick's Sporting Goods, Inc.
13.6.1 Company Details
13.6.2 Market Presence
13.6.3 RecentDevelopments
13.6.4 Strategic Overview
13.7 Beretta Holding S.p.A.
13.7.1 Company Details
13.7.2 Market Presence
13.7.3 RecentDevelopments
13.7.4 Financial
13.7.5 Strategic Overview
13.8 J G. Anschutz & Co.
13.8.1 Company Details
13.8.2 Market Presence
13.8.3 RecentDevelopments
13.8.4 Financial
13.8.5 Strategic Overview
13.9 Browning Arms Company
13.9.1 Company Details
13.9.2 Market Presence
13.9.3 RecentDevelopments
13.9.4 Strategic Overview
13.10 Miroku Corporation
13.10.1 Company Details
13.10.2 Market Presence
13.10.3 Financial
List of Tables
TABLE 1 Global Market Size (USD Bn) Forecast, By Application, 2016 – 2024
TABLE 2 Global Market Size (USD Bn Forecast, By Type, 2016 – 2024
TABLE 3 North America Sports Gun Market, Revenue (US$ Bn and Forecast, By Application, 2016–2024t
TABLE 4 North America Sports Gun Market, Revenue (US$ Bn and Forecast, By Type, 2015–2024
TABLE 5 North America Sports Gun Market, Revenue (US$ Bn and Forecast, By Country, 2016–2024
TABLE 6 Europe Sports Gun Market Revenue (US$ Bn and Forecast, By Application, 2016–2024
TABLE 7 Europe Sports Gun Market Revenue (US$ Bn and Forecast, By Type, 2016–2024
TABLE 8 Europe Sports Gun Market Revenue (US$ Bn and Forecast, By Country, 2016–2024
TABLE 9 Asia Pacific Sports Gun Market Revenue (US$ Bn and Forecast, By Application, 2016–2024
TABLE 10 Asia Pacific Sports Gun Market Revenue (US$ Bn and Forecast, By Type, 2016–2024
TABLE 11 Asia Pacific Sports Gun Market Revenue (US$ Bn and Forecast, By Country, 2016–2024
TABLE 12 Middle East and Africa Sports Gun Market Revenue (USD Bn) and Forecast, By Application, 2016–2024
TABLE 13 Middle East and Africa Sports Gun Market Revenue (USD Bn) and Forecast, By Type, 2016–2024
TABLE 14 Middle East and Africa Sports Gun Market Revenue (USD Bn) and Forecast, By Country Type, 2016–2024
TABLE 15 Latin America Sports Gun Market Revenue (USD Bn) and Forecast, By Application, 2016–2024
TABLE 16 Latin America Sports Gun Market Revenue (USD Bn) and Forecast, By Type, 2016–2024
TABLE 17 Latin America Sports Gun Market Revenue (USD Bn) and Forecast, By Country, 2016–2024
List of Figures
FIG. 1 Report Scope
FIG. 2 Market Snapshot: Top 3 Trends
FIG. 3 Market Share, By Country, 2015 & 2024
FIG. 4 Key Trends
FIG. 5 Sports Gun: Market Value Share By Application
FIG. 6 Sports Gun: Market Value Share By Type
FIG. 7 Sports Gun: Market Value Share By Region
FIG. 8 Global Sports Gun Market Share Analysis, By Company (2015)
FIG. 9 Sports Gun: Global Market Value Share Analysis By Application, 2015 and 2024
FIG. 10 Competitive shooting Market, 2016 – 2024, USD Bn
FIG. 11 Hunting Market, 2016 – 2024, USD Bn
FIG. 12 Recreation Market, 2016 – 2024, USD Bn
FIG. 13 Global Market Value Share Analysis By Type, 2015 and 2024
FIG. 14 Shotguns Market, 2016 – 2024, USD Bn
FIG. 15 Rifles Market, 2016 – 2024
FIG. 16 Handguns Market, 2016 – 2024, USD Bn
FIG. 17 North America Sports Gun Market, Value Share Analysis, By Application, 2015 and 2024
FIG. 18 North America Sports Gun Market, Value Share Analysis, By Type, 2015 and 2024
FIG. 19 North America Sports Gun Market, Value Share Analysis, By Country, 2015 and 2024
FIG. 20 U.S. Sports Gun Market, 2016 – 2024, USD Bn
FIG. 21 Canada Sports Gun Market, 2016 – 2024, USD Bn
FIG. 22 Mexico Sports Gun Market, 2016 – 2024, USD Bn
FIG. 23 Canada Sports Gun Market, 2016 – 2024, USD Bn
FIG. 24 Europe Sports Gun Market Value Share Analysis, By Type, 2015 and 2024
FIG. 25 Europe Sports Gun Market, Value Share Analysis, By Country, 2015 and 2024
FIG. 26 U.K. Sports Gun Market, 2016 – 2024, USD Bn
FIG. 27 Germany Sports Gun Market, 2016 – 2024, USD Bn
FIG. 28 France Sports Gun Market, 2016 – 2024, USD Bn
FIG. 29 Italy Sports Gun Market, 2016 – 2024, USD Bn
FIG. 30 Rest of Europe Sports Gun Market, 2016 – 2024, USD Bn
FIG. 31 Asia Pacific Sports Gun Market, Value Share Analysis, By Application, 2015 and 2024
FIG. 32 Asia Pacific Sports Gun Market, Value Share Analysis, By Type, 2015 and 2024
FIG. 33 Asia Pacific Sports Gun Market, Value Share Analysis, By Country, 2015 and 2024
FIG. 34 China Sports Gun Market, 2016 – 2024, USD Bn
FIG. 35 Japan Sports Gun Market, 2016 – 2024, USD Bn
FIG. 36 India Sports Gun Market, 2016 – 2024, USD Bn
FIG. 37 South Korea Sports Gun Market, 2016 – 2024, USD Bn
FIG. 38 Asia Pacific Sports Gun Market, 2016 – 2024, USD Bn
FIG. 39 Middle East and Africa Sports Gun Market, Value Share Analysis, By Application, 2015 and 2024
FIG. 40 Middle East and Africa Sports Gun Market, Value Share Analysis, By Type, 2015 and 2024
FIG. 41 Middle East and Africa Sports Gun Market, Value Share Analysis, By Country, 2015 and 2024
FIG. 42 UAE Sports Gun Market, 2016 – 2024, USD Bn
FIG. 43 Saudi Arabia Sports Gun Market, 2016 – 2024, USD Bn
FIG. 44 South Africa Sports Gun Market, 2016 – 2024, USD Bn
FIG. 45 Rest of MEA Sports Gun Market, 2016 – 2024, USD Bn
FIG. 46 Middle East and Africa Sports Gun Market, Value Share Analysis, By Application, 2015 and 2024
FIG. 47 Latin America Sports Gun Market Value Share Analysis, By Type, 2015 and 2024
FIG. 48 Latin America Sports Gun Market Value Share Analysis, By Country, 2015 and 2024
FIG. 49 Brazil Sports Gun Market, 2016 – 2024, USD Bn
FIG. 50 Argentina Sports Gun Market, 2016 – 2024, USD Bn
FIG. 51 Rest of Latin America Sports Gun Market, 2016 – 2024, USD Bn
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