Sports Gun Market: Latest Innovations, Drivers And Industry Key Events 2016 - 2024
The two top players raked in a mammoth share of 77% in the global sporting guns market in 2015. Smith & Wesson Holding Corporation and Strum, Rugner & Co. have held a dominant position in the global market due to their international presence and an unwavering brand value. Transparency Market Research states that the companies design, manufacture, and sell products that will have innovative technologies. “Strum, Rugner & Co. is focused on developing sporting guns with lean methodologies for effective fulfillment of the demand,” states the lead author of this research report. According to the research report, the global sporting guns market is expected to be worth US$2.3 bn by the end of 2024 as compared to US$1.6 bn in 2015. During the forecast years of 2016 and 2024, the global market is anticipated to progress at a CAGR of 3.9%. Demand for Competitive Shooting Guns Rises with Sporting Events Geographically, North America is projected to lead the global ma...