Global Crossbows Market Growth 2023-2029

Global Crossbows Market Growth 2023-2029

This report studies the crossbows market. Crossbow is a medieval weapon consisting of a bow fixed transversely on a stock having a trigger mechanism to release the bowstring, and often incorporating or accompanied by a mechanism for bending the bow. Crossbows are primarily used for hunting and target shooting.

LPI (LP Information)' newest research report, the “Crossbows Industry Forecast” looks at past sales and reviews total world Crossbows sales in 2022, providing a comprehensive analysis by region and market sector of projected Crossbows sales for 2023 through 2029. With Crossbows sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Crossbows industry.

This Insight Report provides a comprehensive analysis of the global Crossbows landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Crossbows portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Crossbows market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Crossbows and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Crossbows.

The global Crossbows market size is projected to grow from US$ 625.8 million in 2022 to US$ 1273.6 million in 2029; it is expected to grow at a CAGR of 1273.6 from 2023 to 2029.

North America is the largest producer of Crossbows, with a market share more than 35%. It was followed by Europe with 30%. Bowtech, TenPoint Crossbow Technologies, Barnett Crossbows, Crosman and Parker Bows are the top 5 manufacturers of industry, and they had more than 70% combined market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Crossbows market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Recurve Crossbow

Compound Crossbow

Others

Segmentation by application

Hunting

Target Shooting

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bowtech

TenPoint Crossbow Technologies

Barnett Crossbows

Crosman

PSE Archery

Mathews

Parker Bows

Darton Archery

Eastman Outdoors

EK Archery

Armex Archery

Man Kung

Poe Lang

Sanlida

Key Questions Addressed in this Report

What is the 10-year outlook for the global Crossbows market?

What factors are driving Crossbows market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Crossbows market opportunities vary by end market size?

How does Crossbows break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.