
Middle East & Africa Smoke Grenade Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.
No. of Pages: 125 | Report Code: BMIRE00032002 | Category: Aerospace and Defense
No. of Pages: 125 | Report Code: BMIRE00032002 | Category: Aerospace and Defense
The Middle East & Africa smoke grenade market size is expected to reach US$ 19.13 million by 2031 from US$ 14.79 million in 2023. The market is estimated to record a CAGR of 3.3% from 2023 to 2031.
The Middle East & Africa smoke grenade market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. The ongoing war between Israel and Hamas in the region increased the demand for smoke grenades to create smoke screening, signaling, and conceal army unit advancements from the enemy. In addition, protests have swept across the region from the beginning of this war, which increased the demand for smoke grenades by police and military in the Middle East. Moreover, military spending increased by 9% by the key economies in the region, reaching ~US$ 200 billion in 2023. Saudi Arabia, Israel, and Turkey were among the top military spenders in the region in 2023, followed by Iran. In addition, military expenditure in Africa reached US$ 51.6 billion in 2023, increasing by 22% from 2022 to 2023. Such a rise in military expenditure in the region is anticipated to drive the growth of the smoke grenade market during the forecast period.
Middle East & Africa Smoke Grenade Market Strategic Insights
Middle East & Africa Smoke Grenade Market Segmentation Analysis
Key segments that contributed to the derivation of the Middle East & Africa smoke grenade market analysis are type, application, and end user.
The military forces worldwide conduct drilling operations to keep their forces trained all the times. The military training exercises combine various types of military operations and involve a lot of pyrotechnic munitions, including smoke grenades, to create a live simulation environment. The pyrotechnic munition companies collaborate with military forces to supply an adequate volume of smoke grenades for the military's live simulation training exercises. This has led to an increase in the adoption of live pyrotechnic munitions, such as illumination signal rounds, markers, and smoke grenades, across different regions. Military exercises organized during the nighttime involve many pyrotechnic illuminations and signaling rounds, which is another major factor supporting the adoption of pyrotechnic munition for live training simulation, including the colored smoke grenades. The increase in the use of pyrotechnics for military training is catalyzing the smoke grenade market.
Based on country, the Middle East & Africa smoke grenade market comprises South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held the largest share in 2023.
Turkey, Israel, Algeria, Egypt, and Iran are among the key economies in the Rest of Middle East and Africa smoke grenade market. As per the data from SIPRI, globally, Israel ranked 15th in terms of military expenditure in 2023; the country’s military expenditure was valued at US$ 27.5 billion, an increase of 24% from 2022 to 2023. In addition, Algeria is among the key defense-spending countries in the Middle East and Africa; it ranked 19th with annual spending of US$ 18.3 billion in 2023, an increase of 76% from 2022 to 2023. Smoke grenades are increasingly used in the countries mentioned above for various applications, including signaling, marking, military, riot control, law enforcement, and other commercial applications. The rise in military and defense expenditure by the countries in the Rest of Middle East and Africa is expected to boost the smoke grenade market growth from 2023 to 2031.
Report Attribute | Details |
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Market size in 2023 | US$ 14.79 Million |
Market Size by 2031 | US$ 19.13 Million |
CAGR (2023 - 2031) | 3.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
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Regions and Countries Covered | Middle East and Africa
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Market leaders and key company profiles |
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Some of the key players operating in the 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. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The Middle East & Africa Smoke Grenade Market is valued at US$ 14.79 Million in 2023, it is projected to reach US$ 19.13 Million by 2031.
As per our report Middle East & Africa Smoke Grenade Market, the market size is valued at US$ 14.79 Million in 2023, projecting it to reach US$ 19.13 Million by 2031. This translates to a CAGR of approximately 3.3% during the forecast period.
The Middle East & Africa Smoke Grenade Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Smoke Grenade Market report:
The Middle East & Africa Smoke Grenade Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Smoke Grenade Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Smoke Grenade Market value chain can benefit from the information contained in a comprehensive market report.