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The less lethal ammunition market is projected to grow from USD 828 million to USD 1,106 million by 2023, at a CAGR of 5.95% from 2018 to 2023. This growth can be attributed to the rising incidences of civil unrest, political disputes, and threats from extremist groups globally.
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Less Lethal Ammunition Market by End User (Law Enforcement, Military, Self Defense), Product, Weapon Type, and Region - Global Forecast to 2023 According to the new market research report on "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", The less lethal ammunition market is projected to grow from USD 828 million to USD 1,106 million by 2023, at a CAGR of 5.95% from 2018 to 2023. This growth can be attributed to the rising incidences of civil unrest, political disputes, and threats from extremist groups globally. Browse 94 market data Tables and 33 Figures spread through 156 Pages and in-depth TOC on "Less Lethal Ammunition Market" View detailed Table of Content here - https://www.marketsandmarkets.com/Market- Reports/less-lethal-ammunition-market-252593903.html Based on end user, the law enforcement segment is expected to lead the less lethal ammunition market during the forecast period. Based on end user, the law enforcement segment is estimated to lead the less lethal ammunition market from 2018 to 2023. Less lethal ammunition is widely used by law enforcement agencies to disperse the riots and crowd control. With the increasing controversial shooting fatalities involving law enforcement personnel, a growing number of law enforcement agencies and departments are looking for ways to eliminate fatal encounters between officers and citizens. This factor is expected to drive the law enforcement segment during the forecast period. The rubber bullets segment is projected to grow at the highest CAGR during the forecast period.
Based on product, the less lethal ammunition market is segmented into rubber bullet, bean bag rounds, polyethylene/plastic bullet, OC/CS and smoke munitions, flash bang rounds, paintballs, and others. The rubber bullet segment is estimated to lead the less lethal ammunition market in 2018 and is also projected to grow at the highest CAGR during the forecast period. Rubber bullets are similar to standard ammunition but are made of rubber instead of lead, and are fired at slower velocities compared to lead projectiles. Rubber bullet rounds have commonly been used by law enforcement agencies in riot-control situations that are designed to incapacitate targets without causing lasting harm. For instance, the US police used rubber bullets and tear gas on protesters outside Portland detention center in 2018. In addition, Argentina fired rubber bullets and other less lethal devices at protesters who marched in front of the Congress against the upcoming 2019 Budget Bill, which contains steep spending cuts aimed at erasing the countrys fiscal deficit. Asia Pacific is projected to be the fastest-growing market for less lethal ammunition during the forecast period. Factors such as border terrorism, territorial disputes countries, deteriorating security situation, complex environment, violence by right- wing extremist uncertain circumstances are expected to drive the less lethal ammunition market during period. between political groups, and economic the forecast China is estimated to account for the largest share of the Asia Pacific less lethal ammunition market in 2018. This rapid growth can be attributed to the increasing research & development activities undertaken in the region for the development of advanced less lethal impact munitions. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=252593903 Key Market Players Companies such as The Safariland Group (US), Combined Systems, Inc. (US), Federal Ammunition (US), Nonlethal Technologies (US), Rheinmetall AG (Germany), ST Engineering (Singapore), Lightfield Ammunition Corporation (US), Winchester Ammunition (US), Security Devices International, Inc. (US), Lamperd Less Lethal, Inc. (Canada), Condor Non-Lethal Technologies (Brazil), Less Lethal Africa (South Africa),
MAXAM Outdoors S.A. (Spain), and Sellier & Bellot (Czech Republic) are some of the leading players in the less lethal ammunition market. Don’t miss out on business opportunities in Less Lethal Ammunition Market. Speak to our analyst and gain crucial industry insights that will help your business grow. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: Newsletter@marketsandmarkets.com