Market Overview:
The smoke grenade market size is estimated to witness a CAGR of approximately 5% during the forecast period by 2027.
Smoke grenades are designed specially to screen, signal, start fires, control riots, and destroy equipment. They are used for short distance purposes and have 4-5 seconds fire delay, which allows the soldier to deploy the grenade safely. Smoke grenades produce a larger amount of smoke as compared to normal smoke bombs. The prime factor leading to the growth in smoke grenade market size is the increasing utilization of smoke grenades in riot controls in various countries across the globe. Additionally, these grenades are easily available and cost less, which further increases the market demand. The factors that drive the smoke grenades market are increase in naval and army operations, crowd control measures and rise in internal violence.
The COVID-19 pandemic affected almost every sector in the market. Due to pandemics, a public gathering was prohibited. Before the pandemic, there was a rise in the market value due to the growing civilian unsettlement, political riots, and many more, enhancing the market. But as the pandemic overtook, manufacturing services were closed, and factories whose products materials also remained shut, which greatly affected the market.
The smoke grenade market development seen more rapidly as a result of various crimes and international wars. As a result, several AIR and naval operations have increased market demand. The need for smoke grenades to manage the crowd and control the situation during various forms of internal violence, civil unrest, and protests is a major factor driving the market. The need for portable multi-shot grenade launchers and environmentally friendly smoke grenades is causing the industry to expand. The smoke grenade's affordability is also expanding the market. Market trends for smoke grenades raise the market's value as well.
Key Players
The key Players of are Centanex in the UK, Chemring Group PLC in us, Condor non-lethal technologies in brazil, Combined systems in us, DAEKWANG CHEMICALS co. ltd in South Korea, Enola Gaye in us, Rheinmetall AG in gfermany, Safariland, LLC in the US, Sport smoke, LLC in us,3rd light-limited in the UK
Segmental Analysis:
This study provides an overview of the global smoke grenade market size, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific (APAC), the Middle East and Africa, Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the smoke grenade market size by its protection level, protection type, material, and region.
By Type
Burst Smoke Grenade
Micro Smoke Grenade
Wire Pull Smoke Grenade
Others
By Application
Signalling
Screening Obscuring
Riot Control
Others
By End-Users
Military and Defence
Law Enforcements and Others
By Region
North America
Europe
Asia-Pacific
Middle East and Africa
Latin America
Regional Analysis:
In terms of region, the global smoke grenade market statistics is segmented into North America, Europe, Asia-Pacific, the Middle East Africa, and Latin America. North America hold major market share during the forecast period. The extensive use of smoke grenades by the law enforcement agencies to riot control increases the demand for the market in his region. Moreover, key players such as Combined Systems, Safariland, LLC, and Enola Gaye are based in the region, resulting in a higer market share for the region. Europe is leading region due to growing demand for the use of non-lethal weapons in UK, France, and Russia. Asia-Pacific is expected to be the fastest growing market during the forecast period. The growth can be attributed to immense demand for smoke grenade in India and China due to increase in riots and protests.
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