Less Lethal Ammunition Market worth $1,106 million by 2023 at a CAGR of 5.95% - PowerPoint PPT Presentation

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Less Lethal Ammunition Market worth $1,106 million by 2023 at a CAGR of 5.95%

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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 at a CAGR of 5.95%


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Less Lethal Ammunition Market worth 1,106
million by 2023 at a CAGR of 5.95 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 ammunition
less lethal 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 attributed to
can be the rising
incidences of civil unrest, political
disputes, and threats from extremist groups
globally. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNe
w.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
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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
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. 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.marketsandmarkets.com/requestsample
New.asp?id252593903
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