Global Non Lethal Weapons Market
Added: (Tue Apr 16 2019)
Pressbox (Press Release) -
Global Non Lethal Weapons Market was valued US$ 5.72 Bn in 2017 and is expected to reach US$ 10.98 Bn by 2026, at a CAGR of 8.49% during a forecast period.
The Global Non Lethal Weapons Market is segmented into product type, technology, end-user, and region.
In terms of product type, non-lethal weapons market is segmented into direct contact weapons and directed energy weapons. Based on technology, the non-lethal weapons market is divided as electromagnetic, mechanical & kinetic, chemical, and others. Further end-user, the non-lethal weapons market is split into law enforcement, and military.
Based on regions, the global non-lethal weapons market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.
The global non-lethal weapons market based on product type, the directed energy weapons market projected to grow at the highest during the forecast period due to development of advanced technologies such as active denial systems.
Further end-user, the non-lethal weapons market is divided into law enforcement, and military. Law enforcement plays a vital role in the protection of a right to life, safety, and security of a person. Due to increasing demand for non-lethal weapons is resulted in the growth of the law enforcement segment at a comparatively higher CAGR during the forecast period.
The major driving factor for the global non-lethal weapons market, are increasing political disputes & civil unrest and militarization of law enforcement agencies. Additionally, growing adoption of advanced technology for the development of non-lethal weapons and demand for crowd control weapons to tackle protests and riots.
The restraining factors for the global non-lethal weapons market are the stringent environmental and governmental regulations and declining defense budgets of advanced economies. However, legal restrictions on the possession of less lethal and self-defense weapons by civilians is likely to be the limiting factor for the growth of the non-lethal weapons market.
The opportunities of global non-lethal weapons market are increasing research & development and increasing defense expenditures of emerging economies.
The challenges of global non-lethal weapons market are trafficking and indiscriminate use of non-lethal weapons and apprehensions among end users.
The global non-lethal weapons market in terms of region, Asia Pacific is poised to register healthy growth due to rise in protests and crimes. Americas is expected to hold a dominant share of the global non-lethal weapons market and is likely to hold its prominence towards the end of the forecast period.
Some of the prominent players in the non-lethal weapons market includes - BAE Systems Plc., Combined Systems, Inc., General Dynamics Corporation, Lamperd Less Lethal, Inc., LRAD Corporation., PepperBall Technologies, Inc., Safariland, LLC, Stringer Solutions, TASER International, Inc., The Boeing Company, The Raytheon Company, and Yellow Jacket Case.
The scope of Global Non-Lethal Weapons Market:
By Product Type:
• Direct Contact Weapons
• Directed Energy Weapons
By Technology:
• Electromagnetic
• Mechanical and Kinetic
• Chemical
• Others
By End-user:
• Law Enforcement
• Military
By Region
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Non-Lethal Weapons Market:
• BAE Systems Plc.
• Combined Systems, Inc.
• General Dynamics Corporation
• Lamperd Less Lethal, Inc.
• LRAD Corporation.
• PepperBall Technologies, Inc.
• Safariland
• LLC
• Stringer Solutions
• TASER International, Inc.
• The Boeing Company
• The Raytheon Company
• Yellow Jacket Case.
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