Global $1.1+ Billion Less Lethal Ammunition Market by End-user, Product, Weapon Type and Region - Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 15, 2019--The “Less Lethal Ammunition Market by End User (Law Enforcement, Military, Self Defense), Product (Rubber Bullets, Bean Bag Rounds, Plastic Bullets, Paintballs), Weapon Type (Shotguns, Launchers), and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The less lethal ammunition market is projected to grow from USD 828 million in 2018 to USD 1,106 million by 2023, at a CAGR of 5.95% from 2018 to 2023.
The market for less lethal ammunition is driven by several factors, such as increasing political disputes and civil unrest and militarization of law enforcement agencies. Trafficking and indiscriminate use of less lethal weapons & munition and apprehensions among end users are some of the challenges in the market.
Based onweapon type, the shotgun segment is expected to grow at the highest CAGR during the forecast period
Based on weapon type, the less lethal ammunition market is segmented into shotguns, launchers, and others. The shotgun segment is projected to grow at the highest rate during the forecast period, due to the increase in demand for 12 gauge bean bag rounds and rubber bullets across various end users.
The shotguns segment is further segmented into 12 gauge and others (16 gauge, 20 gauge, and 410 gauge). 12 gauge shotguns are one of the most versatile less lethal ammunitions used worldwide by law enforcement agencies and military forces. These guns are available in varied ranges in terms of size and power.
North America is estimated to lead the less lethal ammunition market during the forecast period
North America is estimated to lead the less lethal ammunition market, whereas the Asia Pacific region is projected to grow at the highest rate during the forecast period. The US and Canada are the key markets for less lethal ammunition in North America. The US is globally recognized as one of the major manufacturers, exporters, and users of less lethal ammunition in the world.
The North America less lethal ammunition market is expected to be driven mainly by the rising military budgets as well as technological advancements in the development of less lethal ammunition in the US and Canada. Recently police in more than 20 North American cities are testing the latest in less-lethal alternatives to bullets, blunt impact projectiles that cause suspects excruciating pain but stop short of killing them.
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in Less Lethal Ammunition Market
4.2 Less Lethal Ammunition Market, By Product
4.3 Less Lethal Ammunition Market, By Weapon Type
4.4 Shotguns Less Lethal Ammunition Market Share, By Caliber, 2018 (%)
4.5 Asia Pacific Less Lethal Ammunition Market, By Weapon Type and Country
4.6 Less Lethal Ammunition Market, By Region
5 Market Overview
5.2 Market Dynamics
220.127.116.11 Increasing Political Disputes and Civil Unrest
18.104.22.168 Increasing Demand for Alternative of Lead Loads Ammunition for Police Shooting
22.214.171.124 Stringent Environmental and Governmental Regulations
126.96.36.199 Increase in Development of Advanced and Environment-Friendly Less Lethal Ammunition
188.8.131.52 Increasing Budget Allocation to Law Enforcement Agencies for the Use of Less Lethal Ammunition
184.108.40.206 Trafficking and Indiscriminate Use of Less Lethal Ammunition
220.127.116.11 Apprehensions Among End Users
6 Industry Trends
6.2 Technology Trends
6.3 Innovation & Patent Registrations
7 Less Lethal Ammunition Market, By End-user
7.2 Law Enforcement
7.4 Self Defense
8 Less Lethal Ammunition Market, By Product
8.2 Rubber Bullet
8.3 Bean Bag Rounds
8.4 Polyethylene/Plastic Bullets
8.5 OC/CS & Smoke Munitions
8.6 Flash Bang Rounds
9 Less Lethal Ammunition Market, By Weapon Type
10 Regional Analysis
10.2 North America
10.4 Asia Pacific
10.5 Middle East
10.6 Rest of the World
11 Competitive Landscape
11.2 Top Players in the Less Lethal Ammunition Market
11.3 Competitive Situations and Trends
11.4 Procurement Agency and End User for Less Lethal Ammunition
11.5 Policy & Regulations for Less Lethal Ammunition
11.6 Manufacturers and Proprietors/Distributors/Dealers for Less Lethal Ammunition
12 Company Profiles
12.1 Federal Ammunition
12.2 Lightfield Ammunition Corporation
12.3 Combined Systems Inc.
12.4 Nonlethal Technologies Inc.
12.5 Security Devices International Inc.
12.6 The Safariland Group
12.7 Mace Security International Inc.
12.8 Amtec Less Lethal Systems Inc.
12.9 Sage Control Ordnance Inc.
12.10 Winchester Ammunition
12.11 Lamperd Less Lethal Inc.
12.12 Chemring Group PLC
12.13 Verney-Carron S.A.
12.14 Rheinmetall AG
12.15 Brenneke Ammunition GmbH
12.16 Trust Eibarres S.A.
12.17 Maxam Outdoors S.A.
12.18 China North Industries Corporation (Norinco)
12.19 Ispra Ltd.
12.20 Condor Non-Lethal Technologies
12.21 Companhia Brasileira De Cartuchos (CBC)
12.22 Less Lethal Africa
12.23 Industrial Cartridge (Pty) Ltd.
12.24 ST Engineering
12.25 Aguila Ammunition
12.26 Fiocchi Munizioni S.p.A.
12.27 Nobel Sport Security
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SOURCE: Research and Markets
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PUB: 02/15/2019 11:28 AM/DISC: 02/15/2019 11:28 AM