Sports Guns Market Demand, Size, Share, Scope & Forecast To 2027
Sports Guns industry market is anticipated to grow at a higher CAGR in the forthcoming period. This report includes detailed overview on Sports Guns Market 2020 – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2027.
The key elements influencing the market expansion are the surging adoption of sports gun for training purposes, entertainment purposes, soaring interest in hunting, and the use of sports gun for non-lethal use.
Key participants of the industry are Smith & Wesson Holding Corp., Freedom Group, Orbital ATK, Sturm, Ruger, & Co., Inc., American Outdoor Brand Corporation, Thales Group, Lockheed Martin, General Dynamics Corporation, Beretta S.p.A., and Raytheon Company, among others.
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Asia Pacific market is forecasted to register a significant growth commanded by China, India, and South Korea, among others due to the expansion of the defense and law enforcement budget. Moreover, the soaring demand for shooting games and increased attraction towards sports events coupled with economic development is driving the need for sports guns in the region.
Sports Guns Market Solution Insight
American Outdoor Brands, Inc., in August 2020, announced the culmination of its spin-off from Smith & Wesson Brands, Inc. American Outdoor Brands, Inc. would now be trading independently and is planning to expand their sports gun portfolio through the e-commerce platform.
For the purpose of this report, Emergen Research has segregated the Global Sports Guns Market on the basis of type, application, distribution channel, materials used, and region:
Type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
· Pistols
· Machine Guns
· Revolvers
· Rifles
· Carbines
· Shotguns
· Others
Application Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
· T Recreational Sports
· raining & Demonstration
Distribution Channel Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
· Sport Goods Stores
· Gun Stores
· Online
· Others
Materials Used Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)
· Polymer
· Aluminum
· Steel
· Others