Less Lethal Ammunition Market Demand Size Report with statistics, Growth, Opportunities, Sales, Trends service, applications and forecast 2027

 Global Less Lethal Ammunition Market Research Report: Information by End User (Law Enforcement, Military, Self Defense and Others), Product (Rubber Bullets, Bean Bag Rounds, Polyethylene/Plastic Bullets, OC/CS & Smoke Munitions, Flash Bang Rounds, Paintballs and others), Weapon Type (Shotguns, Launchers and Others) and Region (North America, Europe, Asia-Pacific, Middle East and Rest of the World) - Forecast till 2027 By MRFR

Market Forecast

Global Less Lethal Ammunition Market is projected to be valued at USD 1,235.91 Million by 2026, registering a CAGR of 5.71% from 2020 to 2026. Increasing crime rate, civil unrest, and political disputes have significantly contributed to the expansion of the less lethal ammunition market. High competition owing to the presence of several players in the market has forced the providers of less lethal ammunition to focus on innovation. Furthermore, increasing mergers & acquisitions undertaken by companies is also expected to drive market growth during the review period. For example, in 2018, PACEM Defense (US) acquired AMTEC Less Lethal Systems, Inc. (US) to increase its production capacity. The acquisition enabled PACEM Defense to strengthen its presence in the global less lethal ammunition market.


However, issues related to trafficking and indiscriminate use of less lethal ammunition and stringent government and environmental regulations might hamper the growth of the Less Lethal Ammunition Market Demand.


Market USP


Increasing use of less lethal directed energy laser weapons and electromagnetic pulse bombs (E-Bomb) are expected to drive the growth of the market.


Growth Opportunities in the Market


Law Enforcement segment to register the highest growth rate: The law enforcement segment is expected to register the highest CAGR during the forecast period. The increasing riots across the globe and rising territorial conflicts in China, India, and other countries is propelling law enforcement agencies to invest in less lethal ammunition.


Rubber Bullets segment is expected to be the fastest-growing: The rubber bullets segment is expected to exhibit the highest CAGR during the forecast period owing to the increasing adoption of these bullets by law enforcement agencies. The product has showcased a significant effect for controlling activists and protestors in a riot. The popularity of these bullets amongst law enforcement agencies can also be credited to its impact on target to debilitate them till the time the officers could control them without causing any severe or lasting injuries.


Shotguns segment expected to register the highest CAGR: The rising demand for shotguns can be attributed to the benefits offered by these guns, such as the ability to deliver greater payloads along with the capability to acquire targets easily.

Key Players

  • Nonlethal Technologies, Inc (US)
  • Security Devices International, Inc. (US)
  • Federal Ammunition (US)
  • Lightfield Slugs (US)
  • Combined Systems, Inc. (US)
  • Safariland LLC (US)
  • Mace Security International, Inc. (US)
  • Sage Control Ordnance, Inc (US)
  • Winchester Ammunition (US)
  • Chemring Group PLC (UK)


Other Prominent Players

  • Lamperd Less Lethal, Inc. (Canada)
  • Verney-Carron SA (France)
  • Rheinmetall AG (Germany)
  • Brenneke Ammunition GmbH (Germany)
  • Trust Eibarres SA (Spain)
  • Maxam Outdoors S.A. (Spain)
  • NORINCO GROUP Inc. (China)
  • Ispra Ltd (Israel)
  • Condor Non-Lethal Technologies (Brazil)
  • Companhia Brasileira De Cartuchos (CBC) (Brazil)
  • Less Lethal Africa (South Africa)
  • Industrial Cartridge SA (South Africa)
  • ST Engineering (Singapore)
  • Aguila Ammunition (Mexico)
  • Fiocchi Munizioni SpA (Italy)
  • Nobel Sport SA (France)
  • Sellier & Bellot (Czech Republic)
  • PACEM Defense (US)

Access Report Details @  https://www.marketresearchfuture.com/reports/less-lethal-ammunition-market-9706

 

Comments

Post a Comment

Popular posts from this blog

GERD and NERD Treatment Market Rising Uptake Of Technology In Medical And Healthcare Sector To Boost Industry’s Growth Market 2019 Market Highlights: GERD & NERD Treatment Market Research Report- Americas forecast till 2023 growing continuously and is expected to grow at a CAGR of 4.02 % from 2017 to 2023. Heartburn is the burning sensation in the chest behind the breastbone that we feel when stomach acid refluxes back into the esophagus (food tube). Increasing prevalence of gastric diseases has increased the investment in GERD medication for research and development. This is expected to further drive the demand for gastroenteric drugs. Major players in GERD & NERD treatment market Some of the major players in this market are ( U.S.), GlaxoSmithKline Plc (U.K), Ironwood Pharmaceuticals, Inc. (U.S.), Jeil pharmaceutical Co. Ltd. (South Korea), Johnson & Johnson (U.S.), Mederi Therapeutics Inc. (U.S.), Medigus Ltd. (Israel), Medtronic Inc. (U.S.), Merck & CO.,...
Read more
Air Ambulance Services Market Size, Share, Trends, Application  Global Air Ambulance Services Market  Overview The Global Air Ambulance Services Market is expected to reach USD 11,456.3 million by 2024 at a CAGR of 2.95% during the forecast period. Air ambulance manufacturers are investing heavily in advanced technologies to reduce costs and improve turnaround time. For instance, 3D printing is dramatically changing the way structures and components of aircraft are currently designed and manufactured. It reduces the design constraints that engineers face when using conventional fabrication techniques. Furthermore, the ability to fabricate functional electronics into complex structures using 3D printing allows manufacturers to offer air ambulances that operate effectively in adverse conditions such as inclement weather, tsunamis, droughts, and cyclones. Global Air Ambulance Services Market  Segmental Analysis The global air ambu...
Read more

Satellite Communication (SATCOM) Market Outlook And Opportunities With Future Growth Scenario By 2027

  Market Forecast The satellite communication (SATCOM) market is projected to register a  CAGR of 8.44%  between  2021 and 2027 .   SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting. The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth. Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between ...
Read more