Advanced technology (airsoft guns) is fastest growing segment fueling the growth of Airsoft Guns Market

 

Airsoft Guns Market

The global Airsoft Guns Market is estimated to be valued at US$ 2 Bn in 2023 and is expected to exhibit a CAGR of 7.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Overview:

Airsoft guns are replica guns used in airsoft sports and military simulations. These guns fire non-metallic projectiles, 6mm polymer balls or biodegradable beads. Airsoft guns mimic real firearms in design and function without using conventional ammunition.

 

Market key trends:

One of the key trends driving growth in the Airsoft Guns Market is the increasing popularity of airsoft sports. Airsoft sports are gaining traction globally among youth as an excitement recreational outdoor activity. Schools and clubs also use airsoft weapons for military training simulations. As airsoft sports grow in participation rates, demand for advanced and more powerful airsoft guns with customized features is expected to increase significantly over the forecast period.

Segment Analysis

The global airsoft guns market is segmented into the type, mechanism, and distribution channel. Based on type, the market is classified into handgun, rifle, shotgun, and others. Within this segment, rifle dominates with over 40% market share owing to its versatility and shooting range. Rifles can be used to shoot accurately over longer distances compared to handguns or shotguns.

 

Key Takeaways

The Global Airsoft Guns Market Size is expected to witness high growth, exhibiting a CAGR of 7.7% over the forecast period 2023 to 2030, due to increasing popularity of airsoft sports among youth and adults.

 

Regional analysis: Asia Pacific dominates the global market with over 35% share due to large consumer base and increasing disposable income in countries like China, Japan, and India. North America stands at the second position and is expected to grow at a substantial rate owing to rising demand in the United States.

 

Key players operating in the airsoft guns market are ICS Airsoft, Inc., Tokyo Marui Co. Ltd., A&K Airsoft, Valken, Inc., Classic Army, Kriss USA, Lancer Tactical, COLT’s Manufacturing Company, and Cybergun. ICS Airsoft, Inc. leads the market with its wide range of airsoft guns with new designs and advanced shooting mechanisms.

Get More Insights Here

https://www.newsstatix.com/airsoft-guns-market-share-size-forecast-outlook-2023-2030/

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