According to our latest study on " Smoke Grenade Market – Global Analysis – by Type, Application, and End User," the market is expected to grow from US$ 297.24 million in 2023 to US$ 456.46 million by 2031; it is anticipated to record a CAGR of 5.5% from 2023 to 2031. Apart from growth drivers, the report covers the smoke grenade market trends and their foreseeable impact during the forecast period.

Smoke grenades are mainly used by military and law enforcement forces for different types of operations, including signaling, combat screening and obscuring, crowd control operations, and military training purposes. Major applications of smoke grenades in the military include providing ground-to-air signals, search and rescue operations, helicopter/aircraft landing operations, making the drop location visible, generating a visual distraction during a combat operation, and military training and simulation.

There is an increase in demand for smoke grenades and other pyrotechnic products owing to the rising regional conflicts among the countries. The rise in regional conflicts raises the need for training and drill exercises for the armed forces, which, in turn, fuels the smoke grenade market growth. Collaborations of companies with defense forces for live simulation training to supply an adequate volume of smoke grenades are expected to provide growth opportunities for the smoke grenade market.

The emerging use of smoke grenades for commercial applications is anticipated to be one of the significant trends in the smoke grenade market. Commercially, smoke grenades are mainly being used for photoshoots, amateur filming operations, weddings, events, and paintball gaming arenas. The broad scope of usage of smoke grenade launcher products in aircraft/helicopter carriers and other types of naval vessels, along with a growing fleet of naval vessels and aircraft carriers across the globe, is expected to fuel the market growth over the projected period.

Key Findings of Market Study:

Based on type, the smoke grenade market has been segregated into hand-operated and launcher-operated. In 2023, the hand operated segment dominated the smoke grenade market with a major market share. Based on application, the market has been segmented into signaling, screening and obscuring, riot control, and others. In 2023, the signaling segment accounted for a major market share in the smoke grenade market globally. In terms of end user, the smoke grenade market has been bifurcated into military and law enforcement and commercial. In 2023, the military and law enforcement segment accounted for a larger market share, and it is expected to retain its dominance till 2031, according to The Insight Partners' analysis.

Based on type, the smoke grenade market is classified into hand-operated and launcher-operated. The hand-operated grenades are increasingly used for events such as Halloween parties, gender reveal parties, and weddings, as well as for photography/film backdrops. Thus, the hand-operated segment held a larger share of the smoke grenade market in 2023. Smoke grenades can be launched from various types of grenade launchers, including man-portable, shoulder-fired models like the M203 and multi-shot systems such as the Milkor MGL. Smoke grenade launchers are designed for law enforcement, anti-riot, and military operations. Manufacturers offer launchers that can be operated at 360 degrees. The angle of these systems can be customized during the design and manufacturing process to meet the user's specific requirements.

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