Smoke Grenade Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The mounting air and naval operations, as well as several riots and hostile tension globally, are boosting the demand for smoke grenade for efficient operations. To control the overcrowded activities, rising civilian unrest, internal violence, marking a location, signaling purposes, protest, hiding the movement of soldiers as well as during conflict situations, the colored smoke grenades are used. Thereby, the smoke grenade is broadly being adopted by militaries across the world.

MARKET SCOPE

The "Global Smoke Grenade market Analysis to 2031" is a specialized and in-depth study of the Smoke Grenade market with a special focus on the global market trend analysis. The report aims to provide an overview of the Smoke Grenade market with detailed market segmentation by type, application, end users, and geography. The global Smoke Grenade market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Smoke Grenade market.

MARKET SEGMENTATION

The global Smoke Grenade market is segmented on the basis of Type, Application, End users.

•   The type is segmented on the basis of burst smoke, micro smoke, wire pull smoke and others.
  
•   The application is segmented on the basis of Signaling, Screening & Obscuring and Riot Control
  
•   Based on End Users, the market is segmented on the basis of Military and Defense and Law Enforcement.
  

MARKET DYNAMICS
Drivers:

•   The growing adoption of handheld multi-shot grenade launcher as well as a requirement for the development of eco-friendly smoke grenades are the significant drivers for the growth of the smoke grenade market.
  
•   The boosting governmental initiatives towards research and development activities for designing lightweight smoke grenade is creating opportunities for the smoke grenade market in the coming years.
  

Restraints:

•   The safety risks and toxic pollution associated with Smoke Grenade may hinder the growth of Smoke Grenade Market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Smoke Grenade market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Smoke Grenade Market by each region is later sub-segmented by respective countries and segments. the report covers the analysis and forecast of 18 countries globally along with current trends and opportunities prevailing in the region.

The report analyzes factors affecting the Smoke Grenade market from both the demand and supply side and further evaluates market dynamics affecting the market during the forecast period I.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive Porter's five forces analysis highlighting factors affecting the Smoke Grenade Market in these regions.

IMPACT OF COVID-19 ON SMOKE GRENADE MARKET

The military forces and law enforcement agencies uses smoke grenade for various purposes including indication of location, to cover the troops during war, and also during training exercises. The outburst of COVID-19 has led the manufacturers of smoke grenade to witness decline in production volume. The decline in manufacturing volume majorly pertained to the disrupted supply chain of raw materials and scarcity of man power at the manufacturing facilities.
However, the supply chain disruption improved from Q3 of 2021, the manufacturers experienced rise in manufacturing volume. Also, the demand for smoke grenades rose among the military forces and law enforcement agencies. Thus, rise in demand and production volume stabilized the smoke grenade market in 2021. Thus, the impact of COVID-19 impact on smoke grenade market was marginal.

Smoke Grenade Market Report Analysis

Smoke Grenade Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Centanex Ltd.
• Chemring Group PLC
• Condor Non-Lethal Technologies
• DAEKWANG CHEMICAL Co., Ltd.
• Enola Gaye
• NAMMO AS
• Rheinmetall Defence
• Safariland, LLC
• Singapore Technologies Engineering Ltd.

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• Burst Smoke
• Micro Smoke
• Wire Pull Smoke

By Application

• Signaling
• Screening and Obscuring
• Riot Control

By End-User

• Military and Defence
• Law Enforcement

MARKET PLAYERS

The report covers key developments in the Smoke Grenade Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnerships & collaborations. These activities have paved the way for the expansion of business and the customer base of market players. The market payers from Smoke Grenade Market are anticipated to lucrative growth opportunities in the future with the rising demand for Smoke Grenade in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Smoke Grenade Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

1. Centanex Ltd.
2. Chemring Group PLC
3. Condor Non-Lethal Technologies
4. DAEKWANG CHEMICAL Co., Ltd.
5. Enola Gaye
6. NAMMO AS
7. Rheinmetall Defence
8. Safariland, LLC
9. Singapore Technologies Engineering Ltd.
10. Sport Smoke, LLC

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Smoke Grenade Market Report Scope