Sports Gun Market Research Report and Forecast up to 2024 Sports Gun Market - Global Industry Analysis, Size | страница 2

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North America Shows Promise of Steady Growth during Forecast Period
In terms of geography, the global sporting guns market is segmented into North
America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North
America is leading the global market in terms of revenue. As of 2015, the regional
market held a share of 49% in the overall market. The lion’s share of the regional
market is attributable to the growing participation of the population in sporting
events, increasing investments in training students for shooting events, and the
presence of strong players in the region. Europe also holds a significant share in the
global market due to similar reasons.
On the other hand, the demand for sporting guns across Asia Pacific and the Middle
East and Africa is expected to decline due to the high cost of components to make
these products. However, the global market does have lucrative opportunities in tow
as several regions are focusing on refurbishing and replacing old sporting guns with
new ones.
The key players operating in the global sporting guns market are Howa Machinery
Company Ltd., Sturm, Ruger& Co., Smith & Wesson Holding Corp., Creedmoor
Sports, Inc., German Sport Guns GmbH, Dick's Sporting Goods, Inc., Beretta Holding
S.p.A., J.G. Anschutz & Co., Browning Arms Company, and Miroku Corporation.
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