Global Sports Rifle Market Growth 2023-2029

Global Sports Rifle Market Growth 2023-2029

Sports Rifles are shoulder firearms with long barrels and rifled bores. They are commonly long and require two-hand hold. Popular shooting games using this type of gun are four position small bore, gallery riffle shooting, benchrest shooting, high power rifle (aka Across the Course), biathlon (combination of shooting and cross-country skiing), fullbore target shooting (shooting ranges are at 300- 1200 meters), field target (more popular in UK) and many more.
The term “modern sporting rifle” was coined to describe today's very popular semiautomatic rifle designs, including the AR-15 and its offspring. These rifles are used by hunters, competitors, a lot of Americans seeking home-defense guns and by many others who simply enjoy going to the range.
LPI (LP Information)' newest research report, the “Sports Rifle Industry Forecast” looks at past sales and reviews total world Sports Rifle sales in 2022, providing a comprehensive analysis by region and market sector of projected Sports Rifle sales for 2023 through 2029. With Sports Rifle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sports Rifle industry.
This Insight Report provides a comprehensive analysis of the global Sports Rifle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sports Rifle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sports Rifle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sports Rifle and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sports Rifle.
The global Sports Rifle market size is projected to grow from US$ 1291.8 million in 2022 to US$ 1488.3 million in 2029; it is expected to grow at a CAGR of 1488.3 from 2023 to 2029.
Global key manufacturers of sports rifle include J G. Anschutz, Howa Machinery, Browning Arms etc. The top 3 companies hold a share about 12%. North America is the largest market, with a share about 76%, followed by Europe and Asia-Pacific with the share about 16% and 3%. In terms of product, standard rifle is the largest segment, with a share over 78%. And in terms of application, the largest application is shooting sports, followed by hunting.
This report presents a comprehensive overview, market shares, and growth opportunities of Sports Rifle market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Light Rifle
Standard Rifle
Heavy Rifle
Segmentation by application
Hunting
Shooting Sports
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Howa Machinery
J G. Anschutz
Beretta Holding
Browning Arms
Smith & Wesson
Sturm, Ruger & Co.
Colt
(Winchester) Olin Corporation
Sig Sauer
German Sport Guns
Bushmaster
Daniel Defense
CZ Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sports Rifle market?
What factors are driving Sports Rifle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sports Rifle market opportunities vary by end market size?
How does Sports Rifle break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.