Shooting Ranges Market Report 2024

Where is the largest and fastest growing market for shooting ranges? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more. The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The shooting ranges market size has grown strongly in recent years. It will grow from $1.13 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth observed in the historical period can be linked to a rise in self-defense training, increased participation in both indoor and outdoor sports, an expansion in law enforcement training, a growing need for well-equipped shooting facilities, and a heightened preference for firearms.

The shooting ranges market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth during the forecast period is expected to be driven by a surge in recreational shooting activities, advancements in modern shooting equipment, an increase in civilian firearms ownership, higher defense budgets, and greater adoption of smart range technologies. Key trends during this period include the development of virtual simulators, innovations in shooting range technologies, advancements in soundproofing, integration of wireless target setup systems, and the installation of cutting-edge defense training platforms.

The growth of recreational activities is expected to drive the expansion of the shooting ranges market in the coming years. Recreational activities encompass leisure pursuits that individuals engage in during their free time for enjoyment, relaxation, and entertainment. This increase can be attributed to factors such as rising disposable incomes, greater awareness of health benefits, and improved access to recreational facilities and infrastructure. Shooting ranges contribute significantly to the growth of recreational activities by offering enthusiasts and beginners alike a safe environment to practice shooting skills, participate in competitions, and engage in social activities. For instance, in 2023, the Outdoor Industry Association reported a 2.3% growth in outdoor recreation participants, totaling 168.1 million people. Hence, the rise in recreational activities is a key driver for the shooting ranges market.

Leading companies in the shooting ranges market are focusing on innovation, particularly in developing enhanced solutions such as shooting stalls, to offer users a more dynamic and engaging experience. A shooting stall is an individual shooting lane or booth within a shooting range designed to provide shooters with a controlled and secure environment. Each stall typically accommodates one shooter at a time and is equipped with necessary safety features and amenities. For example, Action Target Inc., a US-based manufacturer of shooting range equipment, introduced the Citadel Shooting Stall in January 2022 as part of its advanced shooting stall lineup. The Citadel features floor-to-ceiling LED lighting for a modern aesthetic, customizable holographic lane number projections, and substantial ballistic glass panels to ensure visibility and safety. Its design emphasizes privacy and sophistication, catering to diverse range facility needs.

In December 2022, PrairieFire, a US-based provider of shooting sports training and experiences, acquired Front Sight, a leading provider of firearms training courses, for an undisclosed amount. This acquisition aims to integrate Front Sight's expertise into PrairieFire's operations, enhancing advanced shooting training capabilities and expanding their footprint in the shooting sports market.

Major companies operating in the shooting ranges market are Saab AB, ATS Targets, Meggitt PLC, Cubic Corporation, Beretta Holdings, Remington Arms Company LLC, Smith & Wesson Brands Inc., Fabrique Nationale Herstal S.A., Heckler & Koch GmbH, Colt's Manufacturing Company LLC, Savage Arms Inc., InVeris Training Solutions Inc., Glock Ges.m.b.H., Browning Arms Company, Action Target Inc., Sig Sauer Inc., VirTra Inc., Zen Technologies Limited, O.F. Mossberg & Sons Inc., Laser Shot Inc., Theissen Training Systems GmbH, Range Systems Inc., Polytronic International AG.

North America was the largest region in the shooting ranges market in 2023. The regions covered in the shooting ranges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the shooting ranges market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Shooting ranges also referred to as firing ranges or gun ranges, are facilities specifically designed for the practice and training of shooting firearms and archery. They offer a controlled setting where individuals can safely hone their marksmanship and enhance their shooting abilities. Shooting ranges can be either indoor or outdoor, and they come in various sizes, types, and service offerings.

The primary categories of shooting ranges are indoor and outdoor ranges. An indoor shooting range is a facility dedicated to firearm use, typically situated inside a building, and provides a controlled, weather-proof environment for shooting activities. It includes various components, such as fixed targets, moving targets, and virtual simulators, which are used for purposes such as military training, self-defense practice, general training, and recreational shooting.

The shooting ranges market research report is one of a series of new reports that provides shooting ranges market statistics, including shooting ranges industry global market size, regional shares, competitors with a shooting ranges market share, detailed shooting ranges market segments, market trends and opportunities, and any further data you may need to thrive in the shooting ranges industry. This shooting ranges market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The shooting ranges market includes revenues earned by entities by providing private shooting ranges, public shooting ranges, law enforcement ranges, and specialized shooting ranges. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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