The shooting ranges are special facility designed specifically for firearms and archery practice. The shooting ranges are generally located at the outskirts of a city or in the forest areas. The shooting ranges are typically indoor and outdoor and are restricted to certain firearms and archery.

The increasing demand for live fire training is increasing the need for shooting ranges across the defense forces and law enforcement agencies worldwide. The demand for live fire training anticipates to real time fire situations which in turn helps the soldiers to have better understanding of situations. Owing to this fact, the defense forces and law enforcement agencies are demanding for more live fire training stations. Hence, the market for shooting ranges is heavily driven by the increasing need for live fire training stations. In addition, major defense forces across the globe are investing huge amounts in order to enhance technologically indoor and outdoor live fire training stations or shooting ranges with an objective to increase the shooting efficiency of the soldiers. This factor is also bolstering the growth of market for shooting range.

The growth of market for shooting range is affected by the cost involved in installation of shooting ranges. Due to the fact that, the shooting ranges are located at the outskirts of cities or in the forests, the area to install shooting ranges is massive. This in turn also causes environmental issues, which is also a major concern for the government as well as the defense forces to set up a shooting range or live fire training station. This factor is impacting negatively on the growth of shooting ranges market.

The government and the defense forces are retrofitting the older shooting ranges with the modern facilities in order to engage the soldiers and law enforcement officers with the real time fire environment. This factor is expected to a huge opportunity for the growth of shooting ranges market in the coming years.

The market for shooting ranges is segmented on basis of modes, application and geography. The various modes of shooting ranges includes outdoor shooting ranges and indoor shooting ranges. The outdoor shooting ranges is sub segmented as outdoor moving targets and outdoor fixed targets. The outdoor moving targets includes such as turning targets, pop-up targets, multi-purpose targets, smart targets. The indoor shooting ranges is further segmented as indoor virtual simulators, indoor moving targets and indoor fixed targets. The outdoor shooting ranges segment held larger market share across the globe in 2016 and the indoor shooting ranges segment is gaining interest among the defense forces and law enforcement agencies worldwide due to the advancement in the simulation technologies. The defense forces and law enforcement agencies constitute the application segment in the shooting ranges market. The defense forces contributed the maximum market share in 2016, while the shooting rages market is anticipated to expand at a faster rate among the law enforcement agencies across the globe.

Geographically, the market for shooting ranges is classified based on strategic regions across the globe. The strategic regions includes North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Due to the presence of large number of manufacturers in the region and subsequent investments from the U.S. defense force, North America led the market for shooting ranges in 2016. Countries in Asia Pacific region are investing huge amounts in procuring the shooting ranges equipment in order to strengthen their military forces as well as law enforcement agencies. Owing to this, the region is anticipated to surge in the coming years.

The major players in the field of shooting ranges market across the globe are Saab Ab (Sweden), Range Systems, Inc. (U.S), Shooting Ranges Industries, LLC (U.S), Cubic Corporation (U.S), Laser Shot Inc. (U.S), Polytronic International AG (Switzerland), Meggitt Training Systems, Inc. (U.S), Action Target, Inc. (U.S), ELI Military Simulations Ltd. (Estonia), and Savage Range Systems (U.S) among others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Shooting Ranges Market

Pre Book