PUBLISHER: Lucintel | PRODUCT CODE: 1455888
PUBLISHER: Lucintel | PRODUCT CODE: 1455888
Less Lethal Ammunition Trends and Forecast
The future of the global less lethal ammunition market looks promising with opportunities in the law enforcement, military, and self defense markets. The global less lethal ammunition market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 4.0% from 2024 to 2030. The major drivers for this market are growing threats of terrorism and political violence and increasing hunting and sporting activities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Less Lethal Ammunition by Segment
The study includes a forecast for the global less lethal ammunition by product type, weapon type, end use, and region.
List of Less Lethal Ammunition Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies less lethal ammunition companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the less lethal ammunition companies profiled in this report include-
Less Lethal Ammunition Market Insights
Lucintel forecasts that rubber bullet will remain the largest segment over the forecast period due to its rising usage to subdue suspects without causing permanent harm and during riots or other crowd control situations.
Within this market, law enforcement will remain the largest segment over the forecast period.
North America will remain the largest region over the forecast period due to presence of key manufacturers and growing use of less lethal weapons and ammunition by law enforcement, military, and civilian fields in the region.
Features of the Global Less Lethal Ammunition Market
Market Size Estimates: Less lethal ammunition market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Less lethal ammunition market size by product type, weapon type, end use, and region in terms of value ($B).
Regional Analysis: Less lethal ammunition market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, weapon types, end uses, and regions for the less lethal ammunition market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the less lethal ammunition market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the less lethal ammunition market size?
Answer: The global less lethal ammunition market is expected to reach an estimated $1.1 billion by 2030.
Q2. What is the growth forecast for less lethal ammunition market?
Answer: The global less lethal ammunition market is expected to grow with a CAGR of 4.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the less lethal ammunition market?
Answer: The major drivers for this market are growing threats of terrorism and political violence and increasing hunting and sporting activities.
Q4. What are the major segments for less lethal ammunition market?
Answer: The future of the less lethal ammunition market looks promising with opportunities in the law enforcement, military, and self defense markets.
Q5. Who are the key less lethal ammunition market companies?
Answer: Some of the key less lethal ammunition companies are as follows:
Q6. Which less lethal ammunition market segment will be the largest in future?
Answer: Lucintel forecasts that rubber bullet will remain the largest segment over the forecast period due to its rising usage to subdue suspects without causing permanent harm and during riots or other crowd control situations.
Q6. In less lethal ammunition market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to presence of key manufacturers and growing use of less lethal weapons and ammunition by law enforcement, military, and civilian fields in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.