Global Air Gun Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2027
Category: #reports  By Ashwin Naphade  Date: 2020-03-16
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Global Air Gun Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2027

The report is a comprehensive exploration of Global Air Gun market offering growth rates, size of the industry, competitive landscape information, factors to the contributing growth of the Global Air Gun market and more.

Air Gun Market to 2027- Global Analysis and Forecasts by Product (Rifle and Pistol); Ammunition Type (Airgun Pellets, Airgun BBs, Big Bore Pellets, Hunting Pellets, Cleaning Pellets, Others); Accessories (Scopes, Sights, Mounts, Binoculars, Compressors, Others) – Global Analysis and Forecasts. The global air gun market accounted for US$ 2,045.5 Mn in 2018 and is expected to grow at a CAGR of 8.2% over the forecast period 2020–2027, to account for US$ 3,987.0 Mn by 2027.

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The demand for air rifles is growing at a faster pace in APAC due to the increasing number of sports events as well as the mounting interest of citizens in animal hunting. APAC is a paradise for the mountain predator for hunting a huge variety of wild goats and sheep. The region also offers immense scope for hunters to hunt stags, gazelles, bears, roe deer, etc. In Australia, China, Japan, and Southeast Asian countries, among others, hunting is legal. For instance, in Australia, the hunting is regulated independently by each territory and state government, which govern through different laws, license requirement, and fee and fine structures. In Japan, the hunter should be 18 years and more for getting a license for using air gun and projectiles (rifles and shotguns). Moreover, there are several upcoming sports event in pipeline in 2020, which has shooting as one the sports, e.g., 2nd World Deaf Shooting Championships (June 2020), 2020 Summer Olympics, 2020 Summer Paralympics, and World and continental shooting events. The growing demand for air rifles across these countries with the increasing interest in hunting games as well as for sports events is boosting the air gun market across APAC countries except India.

Currently, the air gun market is heavily fragmented with the presence of a large number of companies with strong regional presence. However, the air gun market constitutes few prominent market players including Airforce Airguns, Velocity Outdoor Inc., Daisy Outdoor Products, Feinwerkbau GmbH, GAMO Outdoor, S.L.U, Morini Competition Arm SA, Smith & Wesson with global presence and diverse customer base. The global air gun market continues to witness a significant proportion of product launches among the leading market players operating in the air gun market. Factors such as the presence of a high number of market players and high market competitiveness along with limited organic growth opportunities have attributed to significant product developments. Along with periodic modification into the existing industry standard practice with consistent advancement in technology is anticipated, which would continue to offer market growth opportunities for air gun market players.

The air gun market is accelerating a decent pace, and over the past half-decade, the manufacturers are experiencing substantial demand for their products from direct customers as well as online distributors. The air gun is not considered as firearms, and owing to this, the establishing of newer manufacturing plants is easier. The global air gun market is fragmented with significant number of players operating across the globe, and over the years, the number of manufacturers is increasing. The increase in manufacturers is boosting the global air gun market by offering an increased number of products.

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Table of Content:

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Air Gun - Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 PEST Analysis

4.3.1 Air Gun Market – North America PEST Analysis

4.3.2 Air Gun Market – Europe PEST Analysis

4.3.3 Air Gun Market – APAC PEST Analysis

4.3.4 Air Gun Market – MEA PEST Analysis

4.3.5 Air Gun Market – SAM PEST Analysis

5. Air Gun Market – Market Dynamics

5.1 Market Drivers

5.1.1 Growing Number of Sporting Events

5.1.2 Increasing Number of Air Gun Manufacturers and Online Distributors Across the Globe

5.2 Market Restraints

5.2.1 Increasing number of Stringent Regulation Regarding Possession of Air Guns

5.3 Market Opportunities

5.3.1 Escalating Demand of Air Rifles in APAC and MEA

5.4 Future Trends

5.4.1 Reduction in Prices of Air Gun in Developing Countries is Expected to Drive the Market

5.5 Impact Analysis of Drivers and Restraints

6. Air Gun Market – Global Market Analysis

6.1 Overview

6.2 Global Air Gun Market Revenue and Forecast to 2027 (US$ Mn)

6.3 Market Positioning - Top Five Players

7. Air Gun Market Analysis – By Product

7.1 Overview

7.2 Air Gun Market Revenue Share, by Product (2018 and 2027)

7.3 Rifles

7.3.1 Overview

7.3.2 Rifles: Air Gun Market Forecast and Analysis

7.4 Pistols

 

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Global (United States, European Union and China) Cold Air Guns Market Research Report 2019-2025

Cold Air Guns use vortex tube technology and filtered compressed air to produce sub-freezing air as low as -30 deg F (-34 deg C) for numerous industrial spot cooling applications. With no moving parts to wear out, Cold Air Guns require no electricity, just a compressed air source. In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cold Air Guns.

https://www.marketstudyreport.com/reports/global-united-states-european-union-and-china-cold-air-guns-market-research-report-2019-2025?utm_source=itrsrch&utm_medium=Vipin   

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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