A recent report published by Infinium Global Research on the sports
gun market provides an in-depth analysis of segments and sub-segments in the
global as well as regional sports gun market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
sports gun market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
sports gun market. According to the report, the global sports gun market is
projected to grow at a CAGR of 4.2% over the forecast period of 2019-2025.
The major players in the sports gun market are focusing on mergers
and acquisitions to maximize their market share. Companies need to follow the
rules and regulations of the government regarding safety. The major demand for
sports guns is from shooting game players. The leading players are investing in
research and marketing to analyze the market trend.
The increasing popularity of shooting games in the Olympics and
Commonwealth games drive the growth of the sports gun market. The shooting
sports for paralyzed persons encourage participation in Paralympics gaming
events that contribute to the growth of the sports gun market. The rising
awareness about health benefits associated with sporting games such as enhanced
ability to focus, improved concentration fuel the growth of the sports gun
market. In addition, sports guns are comparatively lighter and compact than
other guns. This makes it easier to use that propel the growth of the sports
gun market. These guns are easier to carry as well. On the flip side, the high
cost of manufacturing and importing sports guns hinders the growth of the
sports guns market. The rising concern about the misuse of sports guns
restraints the growth of the sports gun market. Moreover, innovations through
research create novel opportunities for the growth of the sports gun market.
Geographically, the global sports gun market is segmented into
North America, Asia-Pacific, Europe, and the Rest of the World. The North
America region is expected to hold a dominant share in the global sports gun
market. The increasing participation in sporting events drives the growth of
the sports gun market in North America. Europe is expected to grow in the
global sports gun market with a healthy CAGR over the forecast period. The
rising shooting games fuel the growth of the Europe sports gun market.
Asia-Pacific region is growing in the global sports gun market due to
increasing public awareness about the health benefits of sports.
The report on the global sports gun market covers segments such as
product type, and caliber type. On the basis of product type, the sub-markets
include rifles, pistols, shotguns, and revolvers. On the basis of caliber type,
the sub-markets include 9 mm, 0.38 caliber, 12 gauge, 0.38 special, and other
The report provides profiles of the companies in the market such
as Howa Machinery, Ltd., Sturm, Ruger & Co., Inc., Smith & Wesson,
Miroku Corporation, Beretta Holding S.p.A., German Sport Guns GmbH, Creedmoor
Sports, Inc., Dick's Sporting Goods, Inc., J. G. Anschütz GmbH & Co. KG,
Browning Arms Company, and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of sports gun
market. Moreover, the study highlights current market trends and provides
forecast from 2019-2025. We also have highlighted future trends in the market
that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.