About the Ballistic Targeting System Software Market
Professional shooters, hunters, and military services use ballistic targeting software. It is used for the training of all types of shooters such as hunters, snipers, and target shooters. The accuracy of any shot from a firearm is considered on the basis of the type of firearm and the ammunition. It is crucial that the potential of the ammunition and firearm matches. To identity the best ammunition for a firearm, it is necessary to try shooting with different brands and loads of ammunition and compare the performance. A ballistics calculator plays a significant role here as it compares trajectory and other details of the ammunition and helps in an accurate shot.
Technavio’s analysts forecast the global ballistic targeting system software market to grow at a CAGR of 4.25% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global ballistic targeting system software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the software deployed on:
Technavio Announces the Publication of its Research Report – Global Ballistic Targeting System Software Market 2016-2020
Technavio recognizes the following companies as the key players in the global ballistic targeting system software market: Dexadine, JBM Ballistics, Lex Talus, Shooter, Sierra, and Strelok.
Other Prominent Vendors in the market are: Applied Ballistics, iSnipe, Knights Armament BulletFlight, Range-Time Software, Nikon SpotOn Ballistic Match Technology, Nosler Ballistics, and Patagonia Ballistics.
Commenting on the report, an analyst from Technavio’s team said: “A trend which is expected to impact the market positively is the integration of Bluetooth and wireless technologies. Accurate shooting depends on factors such as wind speed and direction and muzzle velocity. A number of devices, such as weather tracker and rangefinder, are used to measure these variables. User has to manually enter these details in most of the ballistic targeting system software. However, with the introduction of Bluetooth technology in 2015, all these devices can be connected to the software.”
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.
Further, the report states that one challenge that could restrict market growth is the decrease in the number of hunters. The major reason behind the decrease in the number of hunters is the lack of participation from the young generation and women.
Dexadine, JBM Ballistics, Lex Talus, Shooter, Sierra, Strelok, Applied Ballistics, iSnipe, Knights Armament BulletFlight, Range-Time Software, Nikon SpotOn Ballistic Match Technology, Nosler Ballistics, Patagonia Ballistics.
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