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Market Insights:Market Research Future (MRFR)’s latest report revealed that the global non-lethal weapons market is poised to thrive moderately striking a CAGR of 9% during the forecast period 2016 to 2021. The threats associated with homeland security is one of the important factors responsible for accelerating the adoption of non-lethal weapons.
Non-lethal weapons have been proven effective in controlling riots and maintaining internal peace which has fueled demand in the market. The wide prevalence of civil unrest across the globe has catalyzed investments in the non-lethal weapons market. This, in turn, is likely to aid the market expansion in the foreseeable future.
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The exponential crime rate has also led to the adoption of non-lethal weapons such as pepper spray as a safety measure. The trend is prognosticated to continue over the next couple of years. Furthermore, the developments introduced by the non-lethal weapons industry leaders have further paved the way for large-scale adoption.
The need for controlling protests and unrests with minimum human casualty is forecasted to boost the sales of non-lethal weapons across the projection period. Meanwhile, the concerns raised by civilians against the use of these weapons coupled with adverse regulations are expected to hold the market growth through the assessment period.
Market Segmentation:
By end-user, the global non-lethal weapons market has been segmented into law enforcement and military & defense. The law enforcement segment is estimated to register a CAGR of 7.5% during the forecast period.
By product type, the non-lethal weapons market is segmented into direct contact weapons and directed energy weapons.
By technology, the global non-lethal weapons market has been segmented into electromagnetic, mechanical, and chemicals.
Regional Analysis:
By region, the global non-lethal weapons market is segmented into Americas, Europe, Asia Pacific, and the Middle East & Africa. Americas is projected to hold a dominant share of the global market and is likely to retain its prominence towards the end of the forecast period. The region is estimated to register a CAGR of 5% over the assessment period. The factors favoring the growth of the non-lethal weapons market in the region are the adoption of non-lethal weapons for law enforcement, developments in non-lethal weapons, changing tactics of warfare, etc.
Asia Pacific is poised to register healthy growth due to rise in protests and crimes. The Middle East & Africa is forecasted to capitalize on civil unrest in Yemen, Syria, Libya, etc. The market for non-lethal weapons in the region is expected to witness a moderate rise in the growth through the review period. Europe is another important growth pocket of the non-lethal weapons market which is expected to exhibit increased demand over the next few years due to the immigration crisis.
Competitive Dashboard:
Some of the key players profiled in the report are:
• Aardvark Tactical
• KRATOS Defense and Security Solutions
• BAE Systems, General Dynamics
• Lamperd Less Lethal
• Brügger & Thomet AG
• Metal Storm Ltd
• Nonlethal Technologies Inc.
• Condor Non-Lethal Technologies
• Raytheon Co
• TASER International, Inc.
Global Non-lethal Weapons Market is poised to thrive moderately striking a CAGR of 9% during the forecast period 2016 to 2021
Industry Developments:
In June 2018, the U.S. Army has adopted Variable Kinetic System (VKS), a non-lethal launcher made by PepperBall Technologies for helping soldiers in Afghanistan to irritate and deter potential adversaries.
In August 2018, the U.S. government purchased Russian Osa ("Wasp"), a non-lethal weapon, for US law enforcement agencies.
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