Less Lethal Ammunition Market Size Worth $1.21 Billion By 2027: Grand View Research, Inc.

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Jul 07, 2020, 04:05 ET

SAN FRANCISCO, July 7, 2020 /PRNewswire/ -- The global less lethal ammunition market size is expected to reach USD 1.21 billion by 2027, registering a CAGR of 4.3%, according to a new report by Grand View Research Inc. The rapidly rising incidences of political disputes and civil disorder are expected to drive the demand for less lethal ammunition from law enforcement agencies across the globe.

Key suggestions from the report:

Launchers weapon type segment is expected to witness a notable CAGR of 4.2% over the forecast period owing to continuous launch of advanced and highly effective 40 mm caliber less-lethal ammunition
Law Enforcement segment dominated the overall market for less-lethal ammunition with 58.61% revenue share in 2019 due to high demand for execution of riot control operations without causing fatalities
Rubber bullet segment is expected to witness the fastest CAGR of 4.7% over the forecast period on account its high effectiveness in crowd control operation without causing fatal injuries to the people
In 2019, Middle East Africa revenue stood at USD 148.6 million and is projected to expand at a CAGR of 7.8% over the forecast period on the high crime rate in the African countries
Key players are employing efforts to gain long-term supply contract from the law enforcement and military agencies across the globe, to gain a competitive edge and gain a strong foothold in the market

Read 143 page research report with ToC on "Less Lethal Ammunition Market Size, Share & Trends Analysis Report By Weapon Type (Shotguns, Launchers), By End Use (Law Enforcement, Military), By Product, By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/less-lethal-ammunition-market

Based on the sub-munition concept the top players in the industry have developed highly impactful irritant devices that release loads of irritant sub-munitions from a single projectile. Thus, they assure quick and effective dispersion of irritants without causing any severe injuries. In addition, they do not exhibit the risk of being thrown back like traditional tear gas canisters.

In March 2018, at Enforce Tac, Rheinmetall AG launched an extensive range of pyrotechnic products with high precision, reliability, and safe to handle. The product-line included multi-bang grenades and enhanced performance flash-bang grenades with bottom-top venting technology that leads the explosion away from hand and fingers.

Key industry participants are focusing on developing a comprehensive portfolio with right less-lethal ammunition for every scenario, with effects and ranges varying according to tactical requirements of different user groups including military or police. Moreover, they have developed ammunition that offers high reliability and precision in all climates.

Grand View Research has segmented the global less lethal ammunition market on the basis of weapon type, end use, product, and region:

Less Lethal Ammunition Weapon Type Outlook (Revenue, USD Million, 2016 - 2027)

Shotguns
Launchers
Other

Less Lethal Ammunition End-use Outlook (Revenue, USD Million, 2016 - 2027)

Law Enforcement
Military
Self-defense
Other

Less Lethal Ammunition Product Outlook (Revenue, USD Million, 2016 - 2027)

Rubber Bullets
Bean Bag Rounds
Polyethylene/Plastic Bullets
OC/CS & Smoke Munitions
Flash Bag Rounds
Paintballs
Other

Less Lethal Ammunition Regional Outlook (Revenue, USD Million, 2016 - 2027)

North America

U.S.
Canada
Mexico

Europe

U.K.
Germany
France
Spain
Russia

Asia Pacific

China
Japan
India
Australia
Singapore

Central & South America (CSA)

Brazil
Argentina

Middle East & Africa (MEA)

List of Key Players in Less Lethal Ammunition Market

Combined Systems, Inc.
Lightfield Ammunition Corporation
Federal Ammunition
Nonlethal Technologies, Inc.
The Safariland Group
Amtec Less Lethal Systems Inc.
Mace Security International, Inc.
Sage Control Ordnance, Inc.
Security Devices International, Inc.
Winchester Ammunition
Chemring Group PLC
Rheinmetall AG
Verney-Carron SA
Brenneke Ammunition GmbH
Trust Eibarres SA

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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SOURCE Grand View Research, Inc.