Global Smoke Grenade Market 2016-2020

Overview of the global smoke grenade market

Technavio’s market research analyst predicts the global smoke grenade market to grow moderately over the predicted period, posting a growth rate of around 7%. One of the primary factors contributing to the growth of this market is the increasing utilization of smoke grenades in riot controls in many countries across the globe. The low-cost and easy availability of these grenades is one of the primary incentives for the law enforcement agencies to procure and use them in various countermeasure operations. Smoke grenades are less lethal and are capable of providing superior tactical advantages over conventional lethal weapons in riot control operations. Also, these are quite effective in combating the effects of laser-based weapons. The smokescreen created by smoke grenades can efficiently deter the threats of existing laser-based weapons.

According to this market study, one of the latest trends gaining traction in this market is the emergence of handheld multi shot grenade launchers. The use of non-lethal or less-lethal smoke grenade launchers has become quite essential in the recent years. Technological advancements in the market have led to the development of new generation non-lethal handheld grenade launchers for military and police forces. Several companies in the market are making investments in technologies that develop effective and lightweight grenade launch systems that can be used for both firepower and non-lethal applications. Owing to the growing concerns over safety measures, vendors in the market are using eco-friendly agents in the manufacture of smoke grenades to reduce the risk of toxic contamination.

Competitive landscape and key vendors

To sustain themselves in the market, it is imperative for the existing suppliers (both commercial and military) to identify the evolving trends and shifting demands and subsequently provide optimum and integrated solutions. Vendors in the market are required to ensure multidirectional raw material supply networks to eliminate cost overrun and shortage of raw materials. The growing emphasis on the usage of less-toxic and hazardous raw materials in the manufacture of smoke grenades has opened up new business opportunities for the market players in terms of product quality, while maintaining cost-efficiency.

Leading vendors in the market are -

• DIEHL BGT Defence
• Non-Lethal Technologies
• Rheinmetall Defence
• Safariland
• 3rd Light (Enola Gaye)

Other prominent vendors in the smoke grenade market include Chemring Ordnance, Combined Systems, Dae-Kwang Chemical, and Sport Smoke.

Segmentation by end-users and analysis of the smoke grenade market

• Military and defense
• Law enforcements
• Commercial and civil

The military and defense segment dominated the market during 2015 and accounted for around 56% of the total market share. Smoke grenades are used by both military and naval forces for concealing and camouflaging purposes in the battlefields. They are capable of emitting a larger amount of smoke and provide a thicker screen for the swift movement of soldiers.

Geographical segmentation and analysis of the smoke grenade market

• Americas
• APAC
• EMEA

The Americas will continue to dominate the global market and is likely to occupy around 42% of the overall market revenue by 2020. The US accounts for the single largest market for smoke grenades and munitions in the region. Much of the region’s growth comes from the extensive use of non-lethal weapons, such as pellet guns, smoke grenades, and flash bangs by the law enforcement agencies to control violent gatherings.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global smoke grenade market?
• What are the key market trends impacting the growth of the global smoke grenade market?
• What are the challenges to market growth?
• Who are the key vendors in the global smoke grenade market?
• What are the market opportunities and threats faced by the vendors in the global smoke grenade market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global smoke grenade market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Riot Control System Market 2016-2020
• Global Light Weapons Market 2016-2020
• Global Non-lethal Weapons Market - Research Report 2015-2019