Sports Guns Market Research Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2027 | Emergen Research

The Global Sports Guns Market is forecasted to be worth USD 3.46 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Sports Guns for training purposes, rising sports events that include shooting games, increasing interest in hunting, and applicability of the Sports Guns in nonlethal usage, to name a few.

Besides, the extensive rise in the cross-border conflicts that restricts the usage of firearms, growing adoption of the Sports Guns for non-deadly self-defense are some of the additional reasons behind the remarkable growth of the market. Also, reduced manufacturing costs of the guns with the help of 3D printing mechanisms, growing demand for the smart guns, and increasing usage of the polymer in the arms industry are some of the subordinate market propelling factors that create a huge breakthrough in the market growth.

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key findings from the report suggest

In August 2020, American Outdoor Brands, Inc. completed its spin-off from the company named Smith & Wesson Brands, Inc. American Outdoor Brands, Inc. announced to start trading independently and would expand their Sports Guns business through the e-commerce platform.

The polymer sub-segment is growing with the fastest CAGR of 6.3% owing to its higher efficiency in the manufacturing with 3D printing techniques and reduction in the overall costing with higher applicability in the sports and hunting purposes.

The regions in the Asia Pacific lead by China, India, Pakistan, and South & North Korea are allotting a considerable budget for their defense & law enforcement grooming purposes. Besides, the remarkable demand for the shooting games & higher proliferation of the sports events, along with higher economic development and enhancement in the manufacturing industry, deliberately help propel market enforcement.

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Companies profiled in the global market:

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

Emergen Research has segmented into the global Sports Guns Market on the basis of Type, Application, Distribution Channel, Materials Used, and Region:

Type Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Pistols

Revolvers

Rifles

Machine Guns

Shotguns

Carbines

Others

Application Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Training & Demonstration

Recreational Sports

Distribution Channel Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Gun Stores

Sport Goods Stores

Online

Others

Materials Used Outlook (Revenue: USD Billion; Volume: Thousand Units; 2017-2027)

Steel

Aluminum

Polymer

Others

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Features of the Report:

The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats

The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares

Evaluation of key current and emerging market trends and growth prospects

It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth

Brief overview of industry with regards to research and development, technological advancements, and product development

In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Sports Guns Market Segmentation & Impact Analysis
4.1. Sports Guns Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing emphasize on the non-deadly self-defense
4.2.2.2. Restriction on the firearms in the cross-border conflicts
4.2.2.3. The higher proliferation of the shooting games in sports events
4.2.3. Market restraints analysis
4.2.3.1. Regulatory hurdles & higher cost associated with it
4.2.3.2. Inefficient research methodologies
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Sports Guns Market By Type Insights & Trends, Revenue (USD Billion) (Thousand Units)
5.1. Type Dynamics & Market Share, 2019 & 2027
5.1.1. Pistols
5.1.2. Revolvers
5.1.3. Rifles
5.1.4. Machine Guns
5.1.5. Shotguns
5.1.6. Carbines
5.1.7. Others

Chapter 6. Sports Guns Market By Application Insights & Trends Revenue (USD Billion) (Thousand Units)
6.1. Application Dynamics & Market Share, 2019 & 2027
6.1.1. Training & Demonstration
6.1.2. Recreational Sports

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Finally, all aspects of Sports Guns Market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market based on market drivers, limitations, and future prospects

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