ID: MRFR/A&D/8228-HCR | February 2021 | Region: Global | 168 pages
Global Less Lethal Ammunition Market is projected to reach USD 1,235.91 Million by 2026 and register a CAGR of 5.71%. Less lethal ammunitions are also called as less-than-lethal ammunitions, non-lethal ammunitions, non-deadly ammunitions, compliance ammunitions, or pain-inducing ammunitions which are intended to less likely kill a living target than conventional ammunitions.
The global less lethal ammunition market is expected to register significant growth during the forecast period owing to factors such as increasing riots and political disputes across the globe. Furthermore, increasing investment in defense and law enforcement by countries such as the US, China, and India is also expected to drive the growth of the market. Additionally, the increasing product launches by companies such as Safariland LLC is also expected to drive the growth of the market. For example, in 2017, Safariland, LLC, launched a 40mm blunt impact projectile with collapsible gel rounds for diversifying its product portfolio.
However, issues related to trafficking and indiscriminate use of less lethal ammunition and stringent government and environmental regulations might hamper the growth of the market.
Increasing use of less lethal directed energy laser weapons and electromagnetic pulse bombs (E-Bomb) are expected to drive the growth of the market.
By Weapon Type
Other Prominent Players
Frequently Asked Questions (FAQ) :
The market can reach USD 1,235.91 Million by 2026.
The market can expect to record a CAGR of 5.71% between 2020 and 2026.
Surge in crime rate, political disputes and civil unrest are some of the chief growth inducers in the global market.
The rising riots worldwide coupled with the increasing territorial issues in India, China, and more makes law enforcement the fastest growing segment in the market.
Leading market contenders listed in the study include Nonlethal Technologies Inc. (US), Security Devices International, Inc. (US), Federal Ammunition (US), Lightfield Slugs (US), Combined Systems Inc. (US), Safariland LLC (US), Mace Security International, Inc. (US), Sage Control Ordnance Inc. (US), Winchester Ammunition (US), Chemring Group PLC (UK), to name a few.