Market Research Report
Non-Lethal Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
|Published by||Transparency Market Research||Product code||338032|
|Published||Content info||141 Pages
Delivery time: 1-2 business days
|Non-Lethal Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021|
|Published: August 5, 2015||Content info: 141 Pages||
Non-lethal weapons also known as “less than lethal” weapons are witnessing a growth in demand by law enforcement agencies and military organizations worldwide. The market for non-lethal weapons market is expected to grow as an essential asymmetric warfare tool over the forecast period globally. Changing warfare tactics from traditional to rebellious protest in urban areas have significantly influenced the growth of the non-lethal weapons market globally. Increasing mass demonstrations, civil riots, terrorist activities, insurgency, and urban warfare in the past has influenced the armed forces to deploy of non-fatal weaponry. Governments across the globe have been actively investing in research, development, and procurement of non-lethal weapons to combat the above mentioned issues and secure civilian lives during emergencies. Crowd control non-lethal weapons, which consist of tear gases, malodorants and water cannons, are expected to witness high demand over the forecast period. Countries such as the U.S., Russia, U.K., France, Germany, Italy, China, and Israel are presently investing heavily in the development of non-lethal weapons.
The demand for non-lethal weapons is expected to generate from countries such as India, South Korea, Brazil, UAE, Saudi Arabia and South Africa among others in the near future. With increasing R&D initiatives in non-lethal weapons industry, new products are being developed by the manufacturers with better efficiencies, accuracy, and low cost per shot benefits. Moreover, the industry also encounters some major restraints such as international laws and restrictions which have high impact presently and restrict the growth of the market. However, the impacts of these factors are expected to reduce during the forecast period.
In this report, the market has been segmented based on product, technology, application, and geography. It also includes drivers, restraints and opportunities (DROs). The study highlights current market trends and provides the forecast from 2014 to 2021. The report covers the current market scenario for non-lethal weapons and highlights future trends that could affect the demand for the same. The global non-lethal weapons market is expected to observe a steady growth rate from 2015-2021 at a rapid CAGR.
By geography, the market has been segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Based on the product, the market has been categorized into directed energy weapons, conducted energy weapons, gases and sprays, water weapons, and explosives. Additionally, the market has been segmented on the basis of technology which includes mechanical and kinetic, chemical, acoustic, electromagnetic and other technologies. On basis of application, the market has been categorized into military, law enforcement agencies and civilians. The market size and forecast from 2014 to 2021 have been provided in the report.
Analysis of macroeconomic factors influencing and inhibiting the growth of the global non-lethal weapons market has been covered under the scope of the study. The market attractiveness analysis provided in the report, highlights the major areas for investing in this non-lethal weapons industry. The report is intended to help manufacturers; weapons suppliers and distributors in understanding the present and future trends in non-lethal weapons market and formulate their strategies accordingly.
This study includes the profiles of key players in the non-lethal weapons market and the strategies adopted by them to sustain in the competition. Recent developments by the key players in the market are expected to help the emerging players to design their strategies in an effective manner. The study is expected to help key players in the market and governments across the world to formulate and develop new strategies related to non-lethal weapons. The key participants in this market are the Raytheon Company, BAE Systems Plc, the Boeing Company, TASER International Inc, Lamperd Less Lethal, Inc., FN Herstal, Safariland Group, General Dynamics Corporation, LRAD Corporation and PepperBall Technologies, Inc. among others.