Europe Smoke Grenade Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
Description
The Europe smoke grenade market is projected to grow significantly, reaching an estimated US$ 129.41 million by 2031, up from US$ 93.44 million in 2023, reflecting a compound annual growth rate (CAGR) of 4.2% during the forecast period. This growth is primarily driven by the increasing demand for smoke grenades in various sectors, including military, law enforcement, and commercial applications.
Smoke grenades are utilized in Europe for a variety of purposes such as signaling, screening, obscuring, riot control, and marking landing zones. The market is segmented by country, including Germany, France, the UK, Italy, Russia, and the Rest of Europe. Notably, military expenditure in the region has surged, rising from US$ 355.7 billion in 2022 to US$ 465.8 billion in 2023, with Russia accounting for the largest share at 23.4%. This increase in military spending, particularly in light of the ongoing Russia-Ukraine conflict, is expected to further stimulate the smoke grenade market from 2023 to 2031.
Market Segmentation Analysis
The Europe smoke grenade market can be categorized based on type, application, and end user.
1. Type: The market is divided into hand-operated and launcher-operated smoke grenades, with hand-operated grenades holding a larger market share in 2023.
2. Application: The applications include signaling, screening and obscuring, riot control, and others, with signaling being the dominant application in 2023.
3. End User: The market is bifurcated into military & law enforcement and commercial sectors, where military & law enforcement accounted for a significant share in 2023.
Market Outlook
The demand for smoke grenades, particularly for signaling applications, is a key driver of market growth. Ground-to-air signaling is essential in search and rescue operations, where smoke grenades enhance operational capabilities in both urban and remote locations. The increasing use of helicopters and vertical take-off and landing (VTOL) aircraft necessitates effective signaling methods, further boosting the smoke grenade market.
The rise in the number of helipads and vertiports for helicopter and VTOL operations is also contributing to the demand for smoke grenades. Countries like Indonesia, Japan, South Korea, Malaysia, Canada, Italy, and the UK are investing in the construction and upgrading of these facilities, which will likely increase the need for signaling devices such as smoke grenades. For example, a collaboration between Siemens and Skyway in January 2023 aimed to develop vertiport infrastructure to support emerging VTOL aircraft operations.
Country Insights
The market analysis reveals that Russia held the largest share of the smoke grenade market in 2023. Following its invasion of Ukraine in February 2022, Russia has significantly increased its military and defense spending, with a proposed budget for 2024 allocating 6% of its GDP to these sectors. In 2023, Russia's military spending reached approximately US$ 109 billion, marking a 24% increase from the previous year. This heightened military expenditure is expected to drive demand for smoke grenades in the coming years.
Additionally, advancements in smoke grenade technology are anticipated to further enhance market growth. For instance, in August 2022, TsNIITochmash introduced a new smoke grenade, the RDG-U, at the Army-2022 military expo, which operates effectively in extreme temperatures ranging from -50 to +55 degrees Celsius.
Company Profiles
Key players in the Europe smoke grenade market include 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. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative products to consumers.
In summary, the Europe smoke grenade market is poised for growth driven by increased military spending, technological advancements, and rising demand for signaling applications across various sectors.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe smoke grenade market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Europe smoke grenade market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the smoke grenade market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
Smoke grenades are utilized in Europe for a variety of purposes such as signaling, screening, obscuring, riot control, and marking landing zones. The market is segmented by country, including Germany, France, the UK, Italy, Russia, and the Rest of Europe. Notably, military expenditure in the region has surged, rising from US$ 355.7 billion in 2022 to US$ 465.8 billion in 2023, with Russia accounting for the largest share at 23.4%. This increase in military spending, particularly in light of the ongoing Russia-Ukraine conflict, is expected to further stimulate the smoke grenade market from 2023 to 2031.
Market Segmentation Analysis
The Europe smoke grenade market can be categorized based on type, application, and end user.
1. Type: The market is divided into hand-operated and launcher-operated smoke grenades, with hand-operated grenades holding a larger market share in 2023.
2. Application: The applications include signaling, screening and obscuring, riot control, and others, with signaling being the dominant application in 2023.
3. End User: The market is bifurcated into military & law enforcement and commercial sectors, where military & law enforcement accounted for a significant share in 2023.
Market Outlook
The demand for smoke grenades, particularly for signaling applications, is a key driver of market growth. Ground-to-air signaling is essential in search and rescue operations, where smoke grenades enhance operational capabilities in both urban and remote locations. The increasing use of helicopters and vertical take-off and landing (VTOL) aircraft necessitates effective signaling methods, further boosting the smoke grenade market.
The rise in the number of helipads and vertiports for helicopter and VTOL operations is also contributing to the demand for smoke grenades. Countries like Indonesia, Japan, South Korea, Malaysia, Canada, Italy, and the UK are investing in the construction and upgrading of these facilities, which will likely increase the need for signaling devices such as smoke grenades. For example, a collaboration between Siemens and Skyway in January 2023 aimed to develop vertiport infrastructure to support emerging VTOL aircraft operations.
Country Insights
The market analysis reveals that Russia held the largest share of the smoke grenade market in 2023. Following its invasion of Ukraine in February 2022, Russia has significantly increased its military and defense spending, with a proposed budget for 2024 allocating 6% of its GDP to these sectors. In 2023, Russia's military spending reached approximately US$ 109 billion, marking a 24% increase from the previous year. This heightened military expenditure is expected to drive demand for smoke grenades in the coming years.
Additionally, advancements in smoke grenade technology are anticipated to further enhance market growth. For instance, in August 2022, TsNIITochmash introduced a new smoke grenade, the RDG-U, at the Army-2022 military expo, which operates effectively in extreme temperatures ranging from -50 to +55 degrees Celsius.
Company Profiles
Key players in the Europe smoke grenade market include 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. These companies are employing various strategies such as expansion, product innovation, and mergers and acquisitions to enhance their market presence and offer innovative products to consumers.
In summary, the Europe smoke grenade market is poised for growth driven by increased military spending, technological advancements, and rising demand for signaling applications across various sectors.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe smoke grenade market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Europe smoke grenade market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the smoke grenade market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
128 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 4. Europe Smoke Grenade Market Landscape
- 4.1 Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Buyers
- 4.2.2 Bargaining Power of Suppliers
- 4.2.3 Threat of New Entrants
- 4.2.4 Threat to Substitutes
- 4.2.5 Competitive Rivalry
- 4.3 Ecosystem Analysis
- 4.4 List of Vendors in the Value Chain
- 5. Europe Smoke Grenade Market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Demand from Ground-to-Air Signaling Applications
- 5.1.2 Rising Global Military Expenditure
- 5.2 Restraints
- 5.2.1 Certification Challenges and Existence of Counterfeit Products
- 5.3 Opportunities
- 5.3.1 Collaborations of Companies with Armed Forces for Live Training Simulation
- 5.4 Future Trends
- 5.4.1 Rise in Commercial Applications
- 5.5 Impact of Drivers and Restraints:
- 6. Smoke Grenade Market - Europe Analysis
- 6.1 Europe Smoke Grenade Market Revenue (US$ Million), 2021-2031
- 6.2 Europe Smoke Grenade Market Forecast Analysis
- 7. Europe Smoke Grenade Market Analysis - by Type
- 7.1 Hand Operated
- 7.1.1 Overview
- 7.1.2 Hand Operated: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.2 Launcher Operated
- 7.2.1 Overview
- 7.2.2 Launcher Operated: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8. Europe Smoke Grenade Market Analysis - by Application
- 8.1 Signaling
- 8.1.1 Overview
- 8.1.2 Signaling: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.2 Screening and Obscuring
- 8.2.1 Overview
- 8.2.2 Screening and Obscuring: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.3 Riot Control
- 8.3.1 Overview
- 8.3.2 Riot Control: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9. Europe Smoke Grenade Market Analysis - by End User
- 9.1 Military and Law Enforcement
- 9.1.1 Overview
- 9.1.2 Military and Law Enforcement: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.2 Commercial
- 9.2.1 Overview
- 9.2.2 Commercial: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10. Europe Smoke Grenade Market - Country Analysis
- 10.1 Europe
- 10.1.1 Europe Smoke Grenade Market - Revenue and Forecast Analysis - by Country
- 10.1.1.1 Europe Smoke Grenade Market - Revenue and Forecast Analysis - by Country
- 10.1.1.2 Germany: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.1.1.2.1 Germany: Europe Smoke Grenade Market Share - by Type
- 10.1.1.2.2 Germany: Europe Smoke Grenade Market Share - by Application
- 10.1.1.2.3 Germany: Europe Smoke Grenade Market Share - by End User
- 10.1.1.3 France: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.1.1.3.1 France: Europe Smoke Grenade Market Share - by Type
- 10.1.1.3.2 France: Europe Smoke Grenade Market Share - by Application
- 10.1.1.3.3 France: Europe Smoke Grenade Market Share - by End User
- 10.1.1.4 Italy: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.1.1.4.1 Italy: Europe Smoke Grenade Market Share - by Type
- 10.1.1.4.2 Italy: Europe Smoke Grenade Market Share - by Application
- 10.1.1.4.3 Italy: Europe Smoke Grenade Market Share - by End User
- 10.1.1.5 United Kingdom: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.1.1.5.1 United Kingdom: Europe Smoke Grenade Market Share - by Type
- 10.1.1.5.2 United Kingdom: Europe Smoke Grenade Market Share - by Application
- 10.1.1.5.3 United Kingdom: Europe Smoke Grenade Market Share - by End User
- 10.1.1.6 Russia: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.1.1.6.1 Russia: Europe Smoke Grenade Market Share - by Type
- 10.1.1.6.2 Russia: Europe Smoke Grenade Market Share - by Application
- 10.1.1.6.3 Russia: Europe Smoke Grenade Market Share - by End User
- 10.1.1.7 Rest of Europe: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.1.1.7.1 Rest of Europe: Europe Smoke Grenade Market Share - by Type
- 10.1.1.7.2 Rest of Europe: Europe Smoke Grenade Market Share - by Application
- 10.1.1.7.3 Rest of Europe: Europe Smoke Grenade Market Share - by End User
- 11. Competitive Landscape
- 11.1 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Partnerships and Collaborations
- 12.4 Other Developments
- 13. Company Profiles
- 13.1 ARSENAL
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 Rheinmetall AG
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Chemring Group Plc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Condor Non-Lethal Technologies
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Nammo AS
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 NonLethal Technologies, Inc.
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Centanex Ltd
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 3rd Light Ltd
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Wescom Group
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 HFI Pyrotechnics Inc
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 1.10.1 Financial Overview
- 1.10.2 SWOT Analysis
- 1.10.3 Key Developments
- 14. Appendix
- 14.1 About Us
- List of Tables
- Table 1. Europe Smoke Grenade Market Segmentation
- Table 2. List of Vendors
- Table 3. Military Expenditure of Top Five Countries (2021-2023)
- Table 4. Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Table 5. Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Type
- Table 6. Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Application
- Table 7. Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End User
- Table 8. Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Country
- Table 9. Germany: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Type
- Table 10. Germany: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Application
- Table 11. Germany: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End User
- Table 12. France: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Type
- Table 13. France: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Application
- Table 14. France: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End User
- Table 15. Italy: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Type
- Table 16. Italy: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Application
- Table 17. Italy: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End User
- Table 18. United Kingdom: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Type
- Table 19. United Kingdom: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Application
- Table 20. United Kingdom: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End User
- Table 21. Russia: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Type
- Table 22. Russia: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Application
- Table 23. Russia: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End User
- Table 24. Rest of Europe: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Type
- Table 25. Rest of Europe: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by Application
- Table 26. Rest of Europe: Europe Smoke Grenade Market - Revenue and Forecast, 2021 - 2031(US$ Million) - by End User
- LIST OF FIGURES
- Figure 1. Europe Smoke Grenade Market Segmentation - Country
- Figure 2. Porter's Five Forces Analysis
- Figure 3. Europe Smoke Grenade Market - Key Market Dynamics
- Figure 4. Impact Analysis of Drivers and Restraints
- Figure 5. Europe Smoke Grenade Market Revenue (US$ Million), 2021-2031
- Figure 6. Europe Smoke Grenade Market Share (%) - by Type (2023 and 2031)
- Figure 7. Hand Operated: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 8. Launcher Operated: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 9. Europe Smoke Grenade Market Share (%) - by Application (2023 and 2031)
- Figure 10. Signaling: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 11. Screening and Obscuring: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 12. Riot Control: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 13. Others: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 14. Europe Smoke Grenade Market Share (%) - by End User (2023 and 2031)
- Figure 15. Military and Law Enforcement: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 16. Commercial: Europe Smoke Grenade Market - Revenue and Forecast, 2021-2031 (US$ Million)
- Figure 17. Europe Smoke Grenade Market Breakdown, by Key Countries, 2023 and 2031 (%)
- Figure 18. Germany: Europe Smoke Grenade Market - Revenue and Forecast, 2021- 2031 (US$ Million)
- Figure 19. France: Europe Smoke Grenade Market - Revenue and Forecast, 2021- 2031 (US$ Million)
- Figure 20. Italy: Europe Smoke Grenade Market - Revenue and Forecast, 2021- 2031 (US$ Million)
- Figure 21. United Kingdom: Europe Smoke Grenade Market - Revenue and Forecast, 2021- 2031 (US$ Million)
- Figure 22. Russia: Europe Smoke Grenade Market - Revenue and Forecast, 2021- 2031 (US$ Million)
- Figure 23. Rest of Europe: Europe Smoke Grenade Market - Revenue and Forecast, 2021- 2031 (US$ Million)
- Figure 24. Company Positioning and Concentration
Pricing
Currency Rates
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