During the projected period, rising female participation in sports like tennis, boxing, cricket, shooting, and others is likely to boost the market value for airsoft guns. The rise in social standing of women and gender equality, particularly in developing nations like China, India, and others, are projected to fuel the expansion of the sports gun market. The increasing acceptance of and participation in adventure sports is a significant factor contributing to the increase in the usage of airsoft guns. Because they are easy to use, they are excellent practise tools.
The market for Airsoft Guns, which was valued at $1.89 billion in 2021, is anticipated to increase by 8.3% between 2022 and 2031 to reach $4.13 billion.
Major Players in the Airsoft Guns Industry:
1. Colt's Manufacturing Company: Headquarters in the United States. Arms producer for the armed forces and law enforcement. Armed forces and law enforcement professionals can protect coastlines and save lives thanks to the company's selection of pistols, revolvers, rifles, and gun parts & accessories. Eskazbrojovka Group SE ("CZG"; PSE: CZG) announced the completion of its acquisition of Colt Holding Company LLC ("Colt") on May 24, 2021.
2. Tokyo Marui Co. Ltd: Built in 1931. Headquarters in Japan. Retail and fintech businesses are conducted by group firms under the control of Marui Group Co Ltd. It operates through the Retailing and Fintech divisions. The Retailing segment manages the rental of commercial property, runs clothing and accessory retail stores, produces spaces, distributes apparel, and manages buildings and other infrastructure. The FinTech industry sector is involved in the renting of real estate, IT systems, rent guarantee, and consumer loans as well as credit card services.
3. Airsoft: Built in 1993. Headquarters in the United States. Creator of methods and software for remote network computing performance optimisation. The business specialises in creating high-performance communications software to streamline access to corporate LAN resources for branch office and mobile users. A market within the Industrial and Machinery business is thoroughly examined in "Airsoft Guns Market" [LATEST REPORT 2023].
4. Nova Security Group: Created in 2015. Headquarters in Ireland. Creator of cybersecurity services across the entire product life cycle for medical device manufacturers. Manufacturers and healthcare providers can comply with cybersecurity regulations thanks to the company's software, which tracks risks for each device, identifies vulnerabilities, suggests solutions, and establishes a feedback mechanism between manufacturers and hospitals within a fully traceable framework. Branch, a business that provides mobile links and analytics, announced that it had acquired Nova Launcher.
5.Tanaka Works: Built in 1950. Tanaka Co Ltd is a broad trade firm for electric building materials with its headquarters in Japan. Lighting fixtures, electric wire, distribution boards, household appliances, and other are the company's five main product categories. The lighting fixtures include incandescent lighting equipment for factories, street lamps, and tunnels, as well as fluorescent lighting equipment for homes, businesses, and industries. Products made from electric wire include communication cable, distribution cable with insulation, and different accessories;
6. Unicorn Hobby Corporation: Built in 2014. Headquarters in Uruguay. Owner of a platform for creating video games that aims to connect the real world with gaming applications. The company's platform enables kids to have an engaged and imaginative gaming experience by fusing traditional gaming with apps like augmented reality and video games. Recent acquisitions include Horizon Hobby (March 2014), Impact Confections (Nov 2014), and HN Precision (Jan 2018).
Definition: Airsoft guns are replica toy guns used in airsoft sports.
