Shooting Ranges Market Synopsis

Shooting Ranges Market Size Was Valued at USD 1,248.10 Million in 2022, and is Projected to Reach USD 2,402.41 Million by 2030, Growing at a CAGR of 8.53% From 2023-2030.

Shooting ranges are specialized facilities designed for the safe practice and training of firearms use. They provide controlled environments where individuals can shoot firearms, improving their marksmanship skills, and ensuring they understand proper safety procedures.

• Ranges come in various forms, including indoor and outdoor setups. Indoor ranges are typically located within buildings and are suitable for handguns and certain types of rifles. They offer controlled lighting, ventilation, and noise levels. Outdoor ranges are situated in open areas and can accommodate a wider variety of firearms, including high-powered rifles and shotguns. They often have longer distances for shooting practice.
• Safety is paramount in shooting ranges. They implement strict rules and protocols to prevent accidents, such as the enforcement of designated shooting lanes, ensuring proper ear and eye protection, and monitoring for compliance with firearm handling and storage rules. Ranges may also offer a range of targets, from paper targets to three-dimensional models, allowing shooters to practice different scenarios and distances. Some advanced ranges incorporate technology for interactive or moving targets, simulating real-world shooting situations.
• Shooting ranges play a crucial role in firearm education and training, enabling individuals to become responsible and proficient gun owners while promoting a culture of safety and respect for firearms. They are essential for law enforcement, military training, competitive shooting sports, and recreational enthusiasts alike.
• The shooting ranges market refers to the industry involved in providing facilities for firearms training, practice, and recreational shooting. It encompasses indoor and outdoor ranges, equipment rental, safety measures, and related services. The market has seen growth due to increasing interest in shooting sports, self-defence training, and military law enforcement training needs.

Shooting Ranges Market Trend Analysis

Increasing Demand for Upgrade Training

• The evolving socio-political landscape across various regions has prompted a growing number of individuals to seek out comprehensive firearm training. Heightened concerns about personal safety, along with an increased recognition of the importance of responsible gun ownership, have driven many to actively pursue formalized instruction in the use of firearms. As communities grapple with changing security dynamics, individuals are seeking to exercise their Second Amendment rights and to do so responsibly and effectively.

• The surge in demand for Upgrade training can be linked to a rise in the popularity of competitive shooting sports. This includes disciplines like practical shooting, IPSC, and 3-Gun, which require a high degree of skill, precision, and tactical knowledge. Participants in these sports recognize the necessity for rigorous training to excel in their chosen discipline, driving them to seek out specialized facilities that can cater to their specific needs.
• The advent of technological advancements in the firearms industry also driving the shooting ranges market growth. As firearms become more sophisticated and versatile, individuals recognize the importance of mastering these tools to ensure safety and effectiveness. This has led to a surge in demand for shooting ranges that offer cutting-edge equipment and simulators to replicate real-world scenarios, allowing trainees to sharpen their skills in a controlled environment.
• Additionally, the influence of popular culture, including movies, television shows, and video games, has heightened public interest in firearms. While this interest may initially be sparked by entertainment, many individuals are realizing the necessity of formalized training to safely engage with firearms in real-life situations.

Retrofitting Old Ranges Creates Opportunity for Shooting Ranges Market

• Shooting ranges market has been driven by growing enthusiasm for recreational shooting sports and an increasing emphasis on firearm safety training. Retrofitting of old ranges presents a unique opportunity for both entrepreneurs and established businesses.
• The concept of retrofitting old ranges involves upgrading and modernizing existing shooting facilities to meet contemporary standards of safety, comfort, and technology. Many older ranges may lack the advanced features and amenities that today's shooters expect. This can include improvements in ventilation systems, target retrieval mechanisms, soundproofing, and the integration of cutting-edge electronic scoring systems.
• Retrofitting is the potential to breathe new life into older, potentially underutilized ranges. Instead of constructing new facilities from the ground up, which can be cost-prohibitive and pose challenges in terms of location, retrofitting allows for the revitalization of existing spaces, often in more central or accessible areas.
• Moreover, retrofitting aligns with sustainability initiatives, as it repurposes existing structures rather than contributing to the environmental impact associated with new construction. This can be an appealing factor for environmentally conscious investors and communities.

Shooting Ranges Market Segment Analysis:

Shooting Ranges Market Segmented based on Type, Product Type, and End-Users.

By Type Indoor Shooting Range segment is expected to dominate the market during the forecast period

• Indoor shooting ranges are often built as freestanding units, though they may occasionally be located in remote portions of bigger buildings, such as the basement. Firearms firing lines or lanes, targets, and a bullet trap or backstop are the essential elements of most indoor ranges. Depending on the intended use, design concerns may differ, but they must all consider the fundamental needs for running the range properly, including providing ballistic protection, safety controls, enough ventilation, acoustic isolation, and the right illumination
• Indoor shooting ranges to offer a controlled and safe environment for firearms training and practice. This controlled setting is particularly appealing to novice shooters, law enforcement agencies, and military personnel require a secure space to hone their skills. Additionally, indoor ranges provide a level of convenience that outdoor ranges may not always afford, as they are unaffected by weather conditions, allowing for year-round operation.
• The rise in urbanization and limited available space in densely populated areas has contributed significantly to the indoor shooting range segment's prominence. These ranges can be constructed in urban settings where space constraints make it impractical to establish outdoor ranges.

By Product Type, the virtual simulators segment held the largest share

• virtual simulators are the ability to replicate a wide range of scenarios and environments, providing users with realistic training experiences. This technology allows individuals to practice in various settings, such as urban landscapes, indoor environments, and even specialized situations like counter-terrorism operations. Moreover, virtual simulators often incorporate advanced features like real-time feedback, scenario customization, and data analytics, enabling users to track their progress and improve their skills effectively.
• virtual simulators contribute to reducing the costs associated with live-fire training, including expenses for ammunition, range facilities, and maintenance. This cost-effectiveness makes them an attractive option for organizations seeking efficient training solutions. Additionally, virtual simulators enhance safety by eliminating potential risks associated with live ammunition training.
• Advancements in simulation technology, including improved graphics, motion tracking, and interactive interfaces, have further bolstered the popularity and effectiveness of virtual simulators in the shooting ranges market. These factors combined have propelled the Virtual Simulators segment to the forefront of the market, with a dominant share in the overall industry.

 Shooting Ranges Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• The global shooting ranges market is experiencing significant growth, with the Asia Pacific region emerging as a dominant player in this industry. This surge can be attributed to various factors, including increasing interest in shooting sports, rising awareness of firearm safety, and government initiatives promoting shooting sports as a recreational activity.
• Shooting sports have gained immense popularity in the Asia Pacific region, driven by factors such as increased disposable income, urbanization, and a growing middle class. Countries like China, India, and Japan have witnessed a surge in interest among individuals wanting to participate in shooting sports as a recreational activity. This burgeoning interest has led to a rise in demand for well-equipped shooting ranges.
• Governments in several Asia Pacific countries have recognized the potential of shooting sports in promoting physical fitness, discipline, and skill development. They have implemented policies to encourage the establishment of shooting ranges and provide subsidies to range operators. Additionally, regulatory frameworks have been put in place to ensure safety and adherence to legal protocols, further boosting the growth of shooting ranges in the region.
• Advancements in shooting range technology have revolutionized the industry, enhancing the overall experience for participants. Cutting-edge systems, including automated target retrieval, soundproofing, and ventilation, have become standard features in modern shooting ranges. The Asia Pacific region has been quick to adopt these technologies, further solidifying its position in the global market.

 COVID-19 Impact Analysis on Shooting Ranges Market:

• The COVID-19 pandemic has had far-reaching effects on various industries worldwide. With lockdowns, restrictions on public gatherings, and heightened concerns about personal safety, the shooting ranges market experienced significant disruptions.
• The shooting ranges market, which includes indoor and outdoor facilities for firearms training and recreational shooting, faced substantial disruptions due to the pandemic. Governments around the world imposed strict regulations on social distancing, limiting the number of people allowed in enclosed spaces. This directly affected indoor shooting ranges, leading to closures and reduced operating capacities.
• Fear of virus transmission and restrictions on movement led to a substantial decline in customer footfall. Many potential customers, particularly those in high-risk demographics, chose to avoid public places altogether. This decline in participation had a direct impact on revenue for both indoor and outdoor shooting ranges.
• The shooting ranges market relies on a steady supply of firearms, ammunition, and safety equipment. The pandemic led to disruptions in the global supply chain, causing shortages and delayed deliveries. This affected the operational capacity of shooting ranges and increased their operating costs.

 Shooting Ranges Market Top Key Players:

• Range Systems, Inc. (United States)
• Cubic Corporation (United States)
• Action Target, Inc. (United States)
• Laser Shot, Inc. (United States)
• Virtra Training Systems, Inc. (United States)
• Savage Range Systems, Inc. (United States)
• Shooting Range Industries, LLC (United States)
• InVeris Training Solutions (United States)
• ELI Military Simulations Ltd. (Tallinn, Estonia.)
• SaaB (Sweden)
• Advanced Training Systems (Florida)
• Polytronic International (Switzerland)
• Meggitt Training Systems, Inc. (Georgia)
• Theissen Training Systems Gmbh (Germany)
• Quietstone (U.K)
• Theissen Training Systems (TTS) (Germany)
• Zen Technologies Ltd, (India)

Key Industry Developments in the Shooting Ranges Market:

In September 2023, Saab launched Giraffe 1X Deployment Set. The new configuration is designed to be easily transported, swiftly re-located and quickly operational: all features highly desirable on a modern battlefield or where air threats from any direction pose a real risk to a fixed installation. Giraffe 1X Deployment Set is an easily deployable, compact and robust, software-based, lightweight 3D AESA radar. Its small footprint and large search volume (75 km) make it excellent for urgent operations with limited possibilities. Giraffe 1X Deployment Set is a versatile solution for both mobile and fixed installations.

In January 2022, Action Target Inc., the global leader in modern live-fire shooting ranges announced a teaming agreement with VirTra Inc., the global leader of judgmental and use-of-force firearms training simulators. Under this agreement, the two companies will work together to provide the industry with best-in-class solutions for both simulation training systems and live-fire shooting ranges. Action Target provides the broadest end-to-end solution for live-fire shooting range facilities for law enforcement, military, educational and commercial markets worldwide.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. ANALYSIS OF THE IMPACT OF COVID-19
       1. Impact On The Overall Market
       2. Impact On The Supply Chain
       3. Impact On The Key Manufacturers
       4. Impact On The Pricing
       5. Post COVID Situation
   11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   12. ECOSYSTEM
6. SHOOTING RANGES MARKET BY TYPE (2016-2030)
   1. SHOOTING RANGES MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3.  INDOOR SHOOTING RANGE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. OUTDOOR SHOOTING RANGE
7. SHOOTING RANGES MARKET BY PRODUCT TYPE (2016-2030)
   1. SHOOTING RANGES MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. FIXED TARGETS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. MOVING TARGETS
   5. VIRTUAL SIMULATORS
8. SHOOTING RANGES MARKET BY END - USER (2016-2030)
   1. SHOOTING RANGES MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. MILITARY
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CIVIL
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Shooting Ranges Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. RANGE SYSTEMS, INC. (UNITED STATES)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. COMPANYB CUBIC CORPORATION (UNITED STATES)
   4. ACTION TARGET, INC. (UNITED STATES)
   5. LASER SHOT, INC. (UNITED STATES)
   6. VIRTRA TRAINING SYSTEMS, INC. (UNITED STATES)
   7. SAVAGE RANGE SYSTEMS, INC. (UNITED STATES)
   8. SHOOTING RANGE INDUSTRIES, LLC (UNITED STATES)
   9. INVERIS TRAINING SOLUTIONS (UNITED STATES)
   10. ELI MILITARY SIMULATIONS LTD. (TALLINN, ESTONIA.)
   11. SAAB (SWEDEN)
   12. ADVANCED TRAINING SYSTEMS (FLORIDA)
   13. POLYTRONIC INTERNATIONAL (SWITZERLAND)
   14. MEGGITT TRAINING SYSTEMS, INC. (GEORGIA)
   15. THEISSEN TRAINING SYSTEMS GMBH (GERMANY)
   16. QUIETSTONE (U.K)
   17. THEISSEN TRAINING SYSTEMS (TTS) (GERMANY)
   18. ZEN TECHNOLOGIES LTD, (INDIA)
10. GLOBAL SHOOTING RANGES MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic and Forecasted Market Size by Type
       5. Historic and Forecasted Market Size by Product Type
       6. Historic and Forecasted Market Size by End- User
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies