At 5.5% CAGR, the North America Smoke Grenade Market is Projected to be Worth US$ 164.49 Million by 2031, Says Business Market Insights 

According to Business Market Insights' research, the North America smoke grenade market was valued at US$ 106.96 in 2023 and is expected to reach US$ 164.49 million by 2031, registering a CAGR of 5.5% from 2023 to 2031. Growing demand from ground-to-air signaling applications and rising global military expenditure are among the critical factors attributed to the North America smoke grenade market expansion.

The rise in demand for signaling applications, specifically for ground-to-air signaling, is one of the major factors driving the growth of the smoke grenade market across different regions. This is further fueled by the need for smoke signaling in search and rescue operations. The longer operational capability of smoke grenades provides suitable capability to the search and rescue teams to provide operational support for their respective operations at remote or urban locations.

Helicopters, vertical take-off and landing (VTOL) aircraft, and parachuting applications require signaling for which smoke grenades are used. The rising number of aircraft and VTOL aircraft operations, propelled by the increasing fleets of helicopters and VTOL aircraft, is generating the need for more volumes of smoke signals, further propelling the growth of the smoke grenade market across different regions.

Another major factor supporting the demand for ground-to-air signaling applications is the rising number of helipads and vertiports that are used for take-off/landing operations of helicopters and VTOL aircraft. For instance, several other countries, such as Indonesia, Japan, South Korea, Malaysia, Canada, Italy, and the UK, have been currently focusing on constructing and upgrading helipads and vertiports across their respective regions, which is further driving the demand for smoke grenades, specifically for ground-to-air applications. For instance, in January 2023, Siemens and Skyway collaborated to develop vertiport infrastructure, especially for emerging VTOL aircraft operations.

On the contrary, certification challenges and existence of counterfeit products hamper the growth of North America smoke grenade market.

Based on type, the North America smoke grenade market is bifurcated into hand operated and launcher operated. The hand operated segment held 70.4% share of the North America smoke grenade market in 2023, amassing US$ 75.27 million. It is projected to garner US$ 117.46 million by 2031 to expand at 5.7% CAGR during 2023–2031.

Based on application, the North America smoke grenade market is segmented into signaling, screening and obscuring, riot control, and others. The signaling segment held 43.1% share of the North America smoke grenade market in 2023, amassing US$ 46.12 million. It is projected to garner US$ 69.90 million by 2031 to expand at 5.3% CAGR during 2023–2031.

Based on end user, the North America smoke grenade market is segmented into military & law enforcement and commercial. The military & law enforcement segment held 79.8% share of the North America smoke grenade market in 2023, amassing US$ 85.40 million. It is projected to garner US$ 128.74 million by 2031 to expand at 5.3% CAGR during 2023–2031.

Based on country, the North America smoke grenade market is segmented into the US, Canada, and Mexico. The US held 73.4% share of North America smoke grenade market in 2023, amassing US$ 78.46 million. It is projected to garner US$ 124.45 million by 2031 to expand at 5.9% CAGR during 2023–2031.

Key players operating in the smoke grenade market are ARSENAL; Rheinmetall AG; Chemring Group Plc; Condor Non-Lethal Technologies; Nammo AS; NonLethal Technologies, Inc.; Centanex Ltd; 3rd Light Ltd; Wescom Group; and HFI Pyrotechnics Inc, among others.

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