Less Lethal Ammunition Market Worth $1,106 Million by 2023 - Exclusive Report by MarketsandMarkets™ - PowerPoint PPT Presentation

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Less Lethal Ammunition Market Worth $1,106 Million by 2023 - Exclusive Report by MarketsandMarkets™

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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% during the forecast period. – PowerPoint PPT presentation

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Title: Less Lethal Ammunition Market Worth $1,106 Million by 2023 - Exclusive Report by MarketsandMarkets™


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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 (Shotguns,
Type Launchers),
and Region - Forecast to published
Global 2023", by
MarketsandMarkets, 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. Ask for PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id252593903 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
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marched in front of the Congress against the
upcoming 2019 Budget Bill, which contains steep
spending cuts aimed at erasing the country's
fiscal deficit. Browse in-depth TOC on "Less
Lethal Ammunition Market" 94 Tables 33
Figures 156 Pages 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
between countries, deteriorating security
situation, complex political environment,
violence by right- wing extremist groups, and
uncertain economic circumstances are expected to
drive the less lethal ammunition market during
the forecast period. 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. 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. Ask for Sample Report _at_ https//www.market
sandmarkets.com/requestsampleNew.asp?id252593903
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 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries worldwide approach
MarketsandMarkets for their painpoints around
revenues decisions. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" 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. Aashish Mehra
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MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
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