The global smoke grenade market size reached US$ 511.3 million in 2023. The market is projected to reach US$ 795.6 million by 2032, exhibiting a growth rate (CAGR) of 5% during 2023-2032. A considerable rise in geopolitical tensions across the globe, increasing incidences of war and internal conflicts, and the rising demand for harmless smoke grenades in the entertainment industry represent some of the key factors driving the market.
A smoke grenade refers to a closed canister-like device that emits white or colored smoke when ignited and is used for both military and commercial purposes. In a typical smoke grenade, there are four emitter holes on top and one on the bottom that allows smoke to escape when triggered. There is a high degree of visibility of smoke from a distance, and in some grenades, smoke can be deployed for up to a few minutes. Smoke grenades have a longer range and thus spread into a larger area than normal smoke bombs, which are widely used to signal their team members. In addition to marking a location, smoke grenades are also used to make it easier for others to locate a person or place. During combat, an artillery or bombing target can be marked with smoke grenades to identify opponents during combat, blind and disorient them before an assault, or identify positions. Apart from these, smoke grenades also find widespread applications in numerous games, firework displays, and festive celebrations.
A smoke grenade refers to a closed canister-like device that emits white or colored smoke when ignited and is used for both military and commercial purposes. In a typical smoke grenade, there are four emitter holes on top and one on the bottom that allows smoke to escape when triggered. There is a high degree of visibility of smoke from a distance, and in some grenades, smoke can be deployed for up to a few minutes. Smoke grenades have a longer range and thus spread into a larger area than normal smoke bombs, which are widely used to signal their team members. In addition to marking a location, smoke grenades are also used to make it easier for others to locate a person or place. During combat, an artillery or bombing target can be marked with smoke grenades to identify opponents during combat, blind and disorient them before an assault, or identify positions. Apart from these, smoke grenades also find widespread applications in numerous games, firework displays, and festive celebrations.
Smoke Grenade Market Trends
The market is primarily driven by the increasing incidences of war, crimes and conflicts between several countries. This can be attributed to a considerable rise in geopolitical tensions across the globe. In line with this, the escalating product demand for AIR and naval operations is providing an impetus to the market. Moreover, the rapid product utilization by law enforcement to curb the growing internal violence, protests, and civilian unrest to effectively manage difficult situations and control the crowd is creating a positive market outlook. Continual product innovations, such as the development of advanced handheld multi-shot grenade launchers, are also acting as a significant growth-inducing factor for the market. Besides this, the escalating demand for eco-friendly smoke grenades due to the rising awareness about toxic contamination is creating a positive outlook for the market. In addition to this, the growing usage of harmless smoke grenades for special effects in media, movies and television shows is creating lucrative opportunities in the market. Some of the other factors contributing to the market include rapid urbanization, widespread product utilization in training exercises, reduction in smoke grenade production costs, and the accelerating security concerns among the masses.Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global smoke grenade market, along with forecasts at the global, regional, and country level from 2023-2032. The report has categorized the market based on product, application, and end user.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
Regional Insights
- 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
The report has also provided a comprehensive analysis of the competitive landscape in the global smoke grenade market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 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, etc.Key Questions Answered in This Report:
- How has the global smoke grenade market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global smoke grenade market?
- What are the key regional markets?
- Which countries represent the most attractive smoke grenade markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What is the competitive structure of the global smoke grenade market?
- Who are the key players/companies in the global smoke grenade market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Smoke Grenade Market
6 Market Breakup by Product
7 Market Breakup by Application
8 Market Breakup by End User
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 149 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 511.3 Million |
| Forecasted Market Value ( USD | $ 795.6 Million |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
