#Live #Fire #Range #Market #Growing #CAGR
Dallas, Texas, Oct. 27, 2022 (GLOBE NEWSWIRE) — The live fire range market is growing as a result of this industry’s increasing use of virtual reality technologies. The demand for live fire training has also increased due to the rise in terrorist attacks and mass shootings. The purpose of this is to allow for live fire training so that individuals can know how to react and adapt in these kinds of situations.
An area where firearms are shot is known as a live fire range. It could happen inside or outside. Military and law enforcement officers are primarily trained at live firing ranges. Further, it can be utilized for leisure pursuits like target practice and professional shooting. Additionally, live firing ranges can be used for research and development by gun manufacturers. Due to the increased interest among citizens and police enforcement organizations around the world in firearms and shooting instruction, this business is expanding.
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Top competitors in the Live Fire Range market:
- MILO Range Trainers
- Northrop Grumman Corporation
- Global Firepower
- Meggitt PLC & QinetiQ Group plc.
- Axon Enterprises, Inc.
- Raytheon Company
- CompTIA, FATS, Inc.
- Laser Shot Holdings, Ltd.
- LockNLoad Range
- Firearms Training Systems, Inc.
- SAA International, Inc.
Live firing ranges provide opportunities for practicing with and mastering the usage of weapons. The hardware facilities include things like targets, shooting ranges, backstops, ballistic containment systems, and weapons cleaning facilities. Some of the software and services offered include ballistics modelling, range control, and scoring systems. Government agencies use live fire ranges to train their security forces and military personnel. Shooters individually utilize these ranges for training and competitive shooting.
The market for live fire ranges is expected to grow at a CAGR of 6.3% from 2019 to 2029, reaching a…
Read on GNW: Live Fire Range Market is Growing at a CAGR of 6.3% between