The latest report by IMARC Group, titled “Smoke Grenade Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032“. The global smoke grenade market size reached US$ 511.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 795.6 Million by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032.
A smoke grenade is an enclosed, container-like device that emits white or colored smoke when ignited and is utilized for both military and commercial purposes. It consists of four emitter holes on top and one on the bottom, allowing smoke to escape when activated. It has a greater range than regular smoke bombs, making it possible to target a larger area. It is widely used to signal team members, mark a location, or make it easier for others to find a person or place. In combat, a smoke grenade can mark an artillery or bombing target, disorient opponents before an assault, or identify positions. At present, the smoke grenade also finds extensive applications in various games, firework displays, and festive celebrations across the globe.
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Smoke Grenade Market Trends and Drivers:
The global smoke grenade market is primarily driven by the increasing instances of war, crime, and conflicts between several countries due to growing geopolitical tensions. Moreover, the rising product utilization by law enforcement agencies to curb internal violence, protests, and civilian unrest to manage difficult situations and control crowds effectively is positively influencing the market growth. Additionally, the increasing demand for eco-friendly smoke grenades owing to surging awareness about toxic contamination has catalyzed market growth. Furthermore, continuous product innovations, including the development of advanced handheld multi-shot grenade launchers, are contributing to the market growth. Other factors, including widespread product utilization in training exercises, reduction in smoke grenade production costs, and rapid urbanization, are also anticipated to propel the market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Product Insights
- Burst Smoke Grenade
- Wire Pull Smoke Grenade
- Micro Smoke Grenade
- Others
Application Insights
- Signaling
- Screening and Obscuring
- Riot Control
- Others
End User Insights
- Military and Defense
- Law Enforcement
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- 3rd Light Ltd.
- Centanex Ltd.
- Combined Systems Inc.
- Daekwang Chemical Co. Ltd.
- Defense Technology LLC (Safariland LLC)
- Nammo AS
- Nonlethal Technologies Inc.
- Rheinmetall AG
- Sport Smoke LLC
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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