Smoke Grenade Industry - Regional Synopsis
Geographically, the global smoke grenade market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America industry is anticipated to hold largest revenue share by 2037, owing to huge investments in the market by the companies operating in the U.S. and Canada, and substantial use of diverse non-lethal weapons by law administering bodies to monitor the violent gatherings.The U.S. is the home to most of the major companies in the smoke grenade market.
Europe is anticipated to witness significant growth during the forecast period owing to increasing demand for the smoke grenade. This is attributed to the rise in the number of riots and hostile troubles.
Asia-Pacific is estimated to come up as the fastest-growing region during the forecast period. This is primarily attributed to the increase in crowd management situations resulting from civil unrest and violent protests in countries, such as India, China, and South Korea. These countries have witnessed huge government spending on defense equipment and promoting air transport which requires smoke grenade.
Growing occurrences of protests and riots in some areas of the Middle East and Africa has contributed towards the demand for the smoke grenade to control civil unrest in these regions.
