Sports Gun Market to hit US$2.3 Billion by 2024 - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

ResearchMoz added Latest Research Report titled " Sports Gun Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 " to it's Large Report database.

Global Sports Gun Market: Overview

A sports gun is defined as a non-lethal or less-lethal rifle, pistol, handgun or shotgun intended for competitive and recreational shooting, recreation, and hunting purposes. These guns are increasing in popularity owing to the surge in participation of emerging and developing economies in global shooting events. The global market is projected to grow in the near future.

Global Sports Gun Market: Drivers and Trends

The strong growth in competitive shooting is driving the growth of the sports gun market. Sports guns are manufactured in large varieties, each differing from another on the basis of power source, barrel, propellant, projectile, ammunition, calibers, technology, cutting type, or legality in various countries across the world. A sports gun is relatively lighter and more compact than the other gun types; hence it is much easier to carry around. In addition, progress in end use industry applications is supporting the market currently.

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Due to the surging participation in global sporting events from the emerging economies, the sports gun market is expected to witness growth and development in the coming years. In spite of this, manufacturing of these guns is consolidated, and concentrated in a few regions all over the world. Hence, there is an ever-escalating competition among the key players in the global sports gun market. High incidence of mergers and acquisition among these market leaders has resulted into increase in sales thus driving the global sports gun market. Further strategies adopted by these organizations to improve their product portfolio and strengthen global presence include long run contracts, and offering innovative products. They also concentrate on investment of substantial amount of their net sales on research and development, for the introduction of smaller sports guns with reduced weight, longer firing range, and greater accuracy levels. The value chain network of the global sports gun market consists of producers, distributors, and certain end-user industries.

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Table of Content

Section 1 Preface
1.1 Report Scope
1.2 Market Segmentation
1.3 Research Highlights

Section 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Models

Section 3 Executive Summary
3.1 Global Sports Gun Market Snapshot
3.2 Global Sports Gun Market Share, By Region 2015 & 2024

Section 4 Sports Gun Market: Overview
4.1 Introduction
4.2 Recent Trend Analysis

Section 5 Sports Gun Market: Dynamics
5.1 Market Drivers
5.1.1 Growing interest in international competitive shooting
5.1.2 Increasing use in entertainment gaming
5.1.3 Health benefits of shooting sports and enhancement of physicaldiscipline to raise demand for global events
5.2 Market Restraints
5.2.1 High procurement costs
5.2.1 Stringent game hunting regulations

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