30 January 2021
Visiongain has published a new report on Less Lethal Ammunition Market Report 2021-2031: By Type (Polyethylene/Plastic Bullets, Rubber Bullet, Bean Bag Rounds, OC/CS & Smoke Munitions, Flash Bang Rounds, Paintballs) By Weapon (Shotguns, Launchers) By End User (Law Enforcement, Military, Self Defense) and Leading Regional/ Country market analysis.
Global Less Lethal Ammunition market was valued at US$ xx billion in 2021 and is projected to reach at a market value of US$ xx billion by 2031. The growth of this market can be attributed to Increasing demand from law enforcement agencies across the globe, government rising budget for law enforcement agencies, and rise in terrorist activities and civil unrest. There have been increasing riots in numerous countries such as the U.S. and Middle East countries. It is necessary for law enforcement officers to be equipped with less lethal ammunitions, so as to control civil unrest. The increasing demand from law enforcement agencies across the globe for less lethal ammunition is expected to attribute to the growth of less lethal ammunition market.
In the past few years, the military budget of numerous countries such as the U.S. and the U.K. This increase may also lead to increase in law enforcement budget. With the government looking toward increasing the budget for law enforcement agencies, it is expected that the less lethal ammunition market will grow during the forecast period.
COVID-19 Impact on Less Lethal Ammunition Market
The COVID-19 outbreak has created a huge impact across the globe. Due to this pandemic, there is a possibility that the military expenditure allotted by various government agencies such as the U.S. Department of Defense (DoD) and U.K. Ministry of Dense may decrease as they will be investing more on developing medical capabilities to tackle the on-going pandemic. However, it was observed that during the pandemic there has been an increase in the sales of ammunitions and guns. In addition to this, some of the countries have also imposed a ban on the sale of ammunitions and guns.
The players operating in the less lethal ammunition market are focusing their efforts on developing lightweight lethal ammunitions and multi-application ammunitions. Some of the companies profiled in the report include Rheinmetall AG, Combined Systems, Inc., Mace Security International, Inc., ST Engineering, Amtec Less Lethal Systems Inc, Nonlethal Technologies, Inc, Security Devices International, Inc., Winchester Ammunition, Sage Control Ordnance, Inc, and The Safariland Group, among others.
• In January 2020, Elbit Systems received a five year contract from the Israeli Ministry of Defense worth USD 144 million for the supply of ammunition to Israel’s armed forces.
• In January 2016, Rippel Effect Systems completed development of its new six-shot RLL37/38/RLL40 Less Lethal Launcher. The company recently firmed up a distribution agreement with ALS, one of the largest manufacturers of less lethal ammunition in the United States. The RLL37/38 design which includes its 40mm version was completed following consultations with SWAT officers and manufacturers of less lethal ammunition, such as ALS. Weighing just over 3kg, the launcher is suited to left- and right-hand users.
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