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Smoke Grenade Market is Set for Growth, To Reach US$ 670.9 Million by 2028

04-26-2023 11:30 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Smoke Grenade Market is Set for Growth, To Reach US$ 670.9 Million

According to the latest report by IMARC Group "Smoke Grenade Market Size, Global Industry Share, Price Trends, Growth Rate, Research Report, Opportunity and Forecast 2023-2028". The global smoke grenade market size reached US$ 485.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 670.9 Million by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

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.

Request for a free sample copy of this report: https://www.imarcgroup.com/smoke-grenade-market/requestsample

Smoke Grenade Market Trends:

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:

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

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/smoke-grenade-market

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.

Contact US

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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