Less Lethal Ammunition Market to Witness the Highest Growth in North America Region - PowerPoint PPT Presentation

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Less Lethal Ammunition Market to Witness the Highest Growth in North America Region

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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 to Witness the Highest Growth in North America Region


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Less Lethal Ammunition Market to Witness
the Highest Growth in North America
Region 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 market
lethal 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 - Global Forecast to
2023" Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id252593903 Bas
ed 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
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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. North
America expected to be the largest market for
less lethal market during the forecast
period. North America is expected to lead the
less lethal ammunition market during the forecast
period. One of the key factors driving the market
is the continuous upgrade of non-lethal weapons
and munitions with the latest technologies. The
US is the major country increasingly investing in
less lethal ammunition and related
technologies. Key Market Players Key players
profiled in the less lethal ammunition
market report include The Safariland Group
(US), Combined Systems, Inc. (US), Federal
Ammunition (US), Nonlethal Technologies (US),
Rheinmetall AG (Germany), ST Engineering
(Singapore), 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), among others). Acquisitions,
agreements, and new product launches were
the key strategies adopted by the industry
players to achieve growth in the less lethal
ammunition market. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id252593903
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