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Smoke Grenade Market size was over USD 424.91 million in 2023 and is projected to reach USD 753.02 million by 2036, witnessing around 4.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of smoke grenade is assessed at USD 440.21 million.
A smoke grenade is a small bomb inside a canister-type body that produces a thick smoke when it explodes but is non-lethal or less-lethal in nature. They serve various purposes but most commonly it is used in the ground-to-ground or ground-to-air signaling process, as a screening device, and target device for the movement of armed forces by creating a visual distraction that deceives the enemy fire temporarily.
Growth Drivers
Increasing utilization of smoke grenades for controlling the riots and protests
Huge demand for the smoke grenade is created due to rising civil turmoil and internal terrorism in various parts of the globe.
To control the occurrences of violent protests and civil turmoil without the use of lethal force, smoke grenades are heavily preferred by law enforcement bodies, which is expected to boost the demand for the smoke grenade in the forecast period.
A rise in eco-friendly agents being used for manufacturing smoke grenades
Owing to growing safety concerns and to reduce the toxic contamination, vendors in the manufacturing industry are using eco-friendly agents in the manufacturing of smoke grenades. This will boost the demand for smoke grenades in the smoke grenade market.
Additionally, technological advancements have led to the creation of new generation smoke grenades that are less lethal and handheld. The technology might help in creating light weights and effective grenade launch systems which will further strengthen the market growth.
Challenges
Toxic pollution and safety risks might hinder the growth
There have been cases of accidental explosions and there is a significant risk of toxic contamination due to smoke grenades. These factors is anticipated to attribute towards the slow smoke grenade market growth of smoke grenades during the forecast period.
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
4.5% |
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Base Year Market Size (2023) |
USD 424.91 million |
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Forecast Year Market Size (2036) |
USD 753.02 million |
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Regional Scope |
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The smoke grenade market is segmented by product type, end-user, and region. Among end-user segmentation, the military and defense segment is anticipated to hold the largest market share during the forecast period owing to smoke grenade’s preferences in both military and naval operations for their concealing and camouflaging properties on the battlefields, capability of releasing a huge amount of smoke and imparting a thicker screen for rapid movement of soldiers.
Our in-depth analysis of the global market includes the following segments:
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By Product |
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By Application |
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By End-User
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Geographically, the global smoke grenade market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America industry is estimated to hold largest revenue share by 2036, owing to huge investments in the market by the companies operating in the U.S. and Canada, and substantial use of diverse non-lethal weapons by law administering bodies to monitor the violent gatherings.The U.S. is the home to most of the major companies in the smoke grenade market.
Europe is anticipated to witness significant growth during the forecast period owing to increasing demand for the smoke grenade. This is attributed to the rise in the number of riots and hostile troubles.
Asia-Pacific is estimated to come up as the fastest-growing region during the forecast period. This is primarily attributed to the increase in crowd management situations resulting from civil unrest and violent protests in countries, such as India, China, and South Korea. These countries have witnessed huge government spending on defense equipment and promoting air transport which requires smoke grenade.
Growing occurrences of protests and riots in some areas of the Middle East and Africa has contributed towards the demand for the smoke grenade to control civil unrest in these regions.
Author Credits: Dhruv Bhatia
Copyright © 2024 Research Nester. All Rights Reserved
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