Global Sports Gun Market 2021 (Includes Business Impact of COVID-19)

                                          
Report updated on 11th September, 2021: Global Sports Gun Market 2021 (Includes Business Impact of COVID-19)
Global Sports Gun Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global sports gun market report has been segmented on the basis of type, application, and region.
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The global Sports Gun market size was valued at USD$5052.55 million in 2020 and is projected to reach UDS$9972.85 million by 2030, and is anticipated to expand at a CAGR of 7.49% over the forecast period from 2020 to 2030.


Global Sports Gun Market: Overview


Sporting guns are used in various sporting events of shooting in order to hit the target. These guns are available in different varieties and are not as harmful as compared to the real ones.


Global Sports Gun Market: Dynamics


Sporting guns are artificial weapons which are becoming popular, owing to the increasing number of participants in events of the shooting. Moreover, rising tourism of hunting and a growing number of shooting range setup activities are some other factors projected to drive growth of the global market. Increasing inclination towards sporting activities coupled with the growing popularity of international sports competitions is another key factor projected to support growth of the target market. Moreover, the organization of national sports activities in order to create awareness regarding the health benefits of sporting shooting activities is a factor expected to augment growth of the global market. In addition, the benefits include aids to improve eyesight, helps to increase concentration, which is another factor expected to fuel demand for sporting guns. Increasing demand for these guns among shooting training institutes for training purpose is another factor expected to fuel the target market growth over the forecast period. A growing number of international sporting events including Paralympics, Olympics, etc. is a factor expected to create demand for these sporting guns.

However, governments authorities of various countries are having stringent regulations for carrying any type of gun which is a factor projected to hamper the target market growth during the forecast period.


Global Sports Gun Market: Segment Analysis


Among type segments, the rifles segment is projected to account for significant shares in the global market, owing to its major application in sports and recreational shooting.

Among application segments, competitive shooting segment is expected to register significant growth, owing to increasing participation of the population in sporting shooting events.


Global Sports Gun Market: Regional Analysis


North America market for sports gun is projected to contribute significant revenues shares of the global market, owing to the active participation of the population in the sporting events. Moreover, the strong presence of manufacturers and increasing investments in order to train students for shooting events are some other factors expected to propel growth of the target market in the region. Sports gun market in the Asia Pacific is expected to register significant growth, owing to increasing awareness among the population regarding the importance of sports. In addition, increasing initiatives of the governments in emerging countries such as India and China including funding, developing sports infrastructure, and awareness events are some additional factors expected to support growth of the target market in this region. Markets in Latin America, Europe, and Middle East & Africa are expected to register steady growth during the forecast period.


Below are the active patents related to Sports Gun Market.


Patent Number: EP2602579A1

Sports rifle

Abstract

Comprising a firing mechanism, a chamber (3) joined to a fork (4), a barrel (2), a butt (1) and means of fixing the butt (1) to the fork (4), characterised in that said fork (4) comprises at least one projecting stop (6) secured to the outside of said fork (4) which, when the fork (4) is positioned on the butt (1), said stop (6) is fitted into its corresponding housing (5) located on the butt (1) and in that the referred stop (6), of which there is at least one, is positioned after the weld (10) in relation to users firing position.

Application File Date: 2010-08-02

Application Granted Date: 2014-06-11

Current Assignee: Gamo Outdoor SL

Patent Number: ES2345012T3

FIRE OR SPORTS GUN WITH SILENCER.

Abstract

Of the type comprising a firing mechanism, an overmolded or overinjected cannon (1), a camera, characterized in that it comprises an overmolded or overinjected sound reducer (3) in said cannon (1).

Application File Date: 2007-10-31

Application Granted Date: 2010-09-13

Current Assignee: Gamo Outdoor SL

Patent Number: US7562480B2

Firearms protected from unauthorized use

Abstract

Firearms protected from unauthorized use are disclosed. A disclosed firearm comprises a housing having a handle; a safety located in the housing to selectively prevent firing; and a module removably attachable to the handle and containing an electronic identification device to identify an authorized user. The electronic identification device controls the safety to prevent firing by unauthorized persons and to permit firing by the authorized user.

Application File Date: 2006-12-28

Application Granted Date: 2009-07-21

Current Assignee: Heckler und Koch GmbH

Global Sports Gun Market Segmentation:

Segmentation by Type:

  
Rifles
  
Shotguns
  
Handguns

Segmentation by Application:

  
Hunting
  
Competitive Shooting
  
Recreation


Key Market Players included in the report:


  
American Outdoor Brands Corporation
  
Beretta Holding S.p.A.
  
Browning Arms Company
  
Carl Walther GmbH
  
Colts Manufacturing Company
  
Creedmoor Sports Inc.
  
Crosman Corporation
  
Dicks Sporting Goods Inc.
  
German Sports Guns GmbH
  
Howa Machinery Ltd.
  
J.G. AnschUtz GmbH & Co.KG
  
LaserMax
  
Legacy Sports International
  
Machinery Ltd.
  
MIROKU CO.LTD.
  
Olympic Arms Inc.
  
Remington Arms Company
  
Ruger &Company Inc.
  
Smith & Wesson
  
Sturm