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Airsoft Guns Market to Register Substantial Expansion by 2028

08-24-2018 11:49 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Factmr

Airsoft Guns Market to Register Substantial Expansion by 2028

Airsoft Guns Market: Overview

In the last few years, airsoft has evolved as a competitive team sport. The sport involves two teams shooting with a spherical plastic projectile, launched using an imitation air weapon commonly known as airsoft guns. Airsoft is often confused with paintball which is a similar recreational sport with some notable differences. Airsoft is a more ethical game when compared to paintball as it hurts much less and hits are not visible.

Airsoft gun’s muzzle velocity is of prime importance. Before every game, the airsoft gun is calibrated and checked via a chronograph which is fixed as per the country’s norms and is measured in feet per second. Restrictions on FPS are dependent on different game sites and countries. Airsoft guns are illegal in many countries of the world, however, it is legal throughout the U.S. with some restrictions in Detroit and Chicago.

Airsoft Guns Market: Dynamics

The rise in enthusiastic and adventure loving millennial population going hand-in-hand with better disposable incomes are the key factors driving the airsoft guns market. Though it has been in existence since the 1970s, the sport has become immensely known over the last fifteen years, primarily owing to its adventurous nature.

However, a much safer sport than paintball, air sport is illegal in some countries including the UK. This will limit the expansion of the airsoft guns market in certain parts of the world.

Airsoft Guns Market: Regional Outlook

Geographically, the global airsoft guns are designed for six regions: North America, Latin America, Europe, the Asia Pacific except Japan (APEJ), the Middle East & Africa and Japan. North America currently is the largest market for airsoft guns, accounting for more than two-thirds of the global market. Air sport is widely popular in the United States, especially among the enthusiastic millennial population. Many law enforcement and military training institution also use airsoft guns for training purposes in the U.S. However, major manufacturing is outsourced to the Asian countries due to the availability of cheap labor and raw materials. APEJ is becoming a point of interest for airsoft gun manufacturers, owing to the tower of opportunities the region presents. The APEJ is expected to register the highest revenue growth over the forecast period. The overall outlook for airsoft guns market is highly positive on global level owing to the increasing popularity of air sports and activities. However, North America and Europe will continue to dominate the airsoft guns market over the forecast period.

Airsoft Guns Market: Competitive Analysis

Manufacturers of airsoft guns are focused on providing customized products. Many players demand custom made airsoft guns majorly to improve the performance or for purely aesthetic reasons. Customizations and add-ons include flashlights, red dot sights, fore grips and scopes. Red-dot sights being the most popular are used to help aim well, while foregrips improve the hold on the gun. Some players also choose to equip their airsoft guns with LASERs. Though illegal in many countries LASERs are high on demand in the U.S. and Europe.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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