Ballistic Targeting System Software Market, Global Outlook and Forecast 2023-2032
The ballistic targeting software (BTS) is extensively utilized by professional shooters, hunters, and military services, and is used for the training of all types of shooters, including hunters, snipers, and target shooters. Though the market for BTS software is small, it is anticipated to grow steadily over the forecast period.
This report aims to provide a comprehensive presentation of the global market for Ballistic Targeting System Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ballistic Targeting System Software. This report contains market size and forecasts of Ballistic Targeting System Software in global, including the following market information:
Global Ballistic Targeting System Software Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Ballistic Targeting System Software market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A trend which is expected to impact the market positively is the integration of Bluetooth and wireless technologies. According to the report, a key growth driver is the advantages offered by the ballistic targeting software in boosting firearm performance. Firearm performance is increased by using ballistic targeting system software, as the user can compare the trajectory and other parameters and take an informed shot. With this software, a shooter can aim with predicted accuracy, especially in the case of a moving object. The mobile applications for ballistics calculation are available at low price starting at $2. Therefore, this solution is proving to be cost effective as well. the Americas dominated this market and accounted for a market share of more than 65%. The presence of a significant number of hunters and shooters in the region will lead to the increased adoption of this software and technology.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ballistic Targeting System Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ballistic Targeting System Software Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Ballistic Targeting System Software Market Segment Percentages, by Type, 2022 (%)
Mobile
PCS and Laptops
Global Ballistic Targeting System Software Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Ballistic Targeting System Software Market Segment Percentages, by Application, 2022 (%)
Professional Shooters
Hunters
Military Services
Global Ballistic Targeting System Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Ballistic Targeting System Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ballistic Targeting System Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Ballistic Targeting System Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Dexadine
JBM Ballistics
Lex Talus
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ballistic Targeting System Software, market overview.
Chapter 2: Global Ballistic Targeting System Software market size in revenue.
Chapter 3: Detailed analysis of Ballistic Targeting System Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Ballistic Targeting System Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.