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Non-Lethal Weapons Market

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23 December 2020

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Market Overview:

The Global Non-Lethal Weapons Market is expected to generate $ 9,656 million by 2022, registering a CAGR of 8% during the forecast period.

Rising gun violence and political tensions have prompted governments around the world to take precautions and arm the military and police with non-lethal weapons. Cases of civil violence and clashes with the armed forces in Asia and Europe have led to the deployment of non-lethal weapons. These factors may continue to drive demand for non-lethal weapons as law enforcement attempts to reduce the number of deaths and injuries during such events, which may help the market during the forecast period. The focus on increasing the national security budget will likely increase non-lethal weapons purchases in the coming years. Technological advances, in terms of non-lethal weapons, are expected to provide growth opportunities for the market in the coming years.

Recent Developments:

Shares of law enforcement provider Axon Enterprise rose more than 18% on Monday after protests against police brutality turned violent in many cities across the country.

Market Drivers and Restraints:

Non-lethal weapons are designed primarily to incapacitate humans in order to prevent death. These weapons are used as an effective alternative to minimize casualties during critical situations such as riots, civil unrest, combat situations, self-defense, etc. Military organizations, law enforcement agencies and civilians are the main end users of non-lethal weapons. The global market for non-lethal weapons is driven by increased budget outlays for military organizations, an increase in the rate of violent crime, and a significant investment in research and development for the advancement of non-lethal weapons. However, factors such as opposition from human rights activists, strict gun laws and civilian safety regulations, an increasing number of incidents resulting in adverse effects due to the use of weapons Non-lethal weapons limit the growth of the market for non-lethal weapons.

Impact of COVID-19:

The weapons sector will grasp new ideal models—digitalized, decentralized, decarbonized, roundabout, and therapeutic—in the fallout of coronavirus. Presently, interruptions in material supply and coordination and work portability are significantly affecting the development fragment. As the segment refocuses, there will be more up to date and more extensive applications for automation and digitalization innovations.

To know more read:

https://www.marketdataforecast.com/market-reports/non-lethal-weapons-market

Report is segmented as:

By Type

Explosives, Gases and Sprays
Directed Energy Weapons
Conducted Energy Weapons
By Technology

Chemical Non-Lethal Weapons
Acoustic Non-Lethal Weapons
Electromagnetic Non-Lethal Weapons
Mechanical and Kinetic Non-Lethal Weapons
By Application

Law Enforcement Agencies
Military
Personal Application
The industry as a whole is dominated by the law enforcement segment, mainly because law enforcement is deployed to combat riot, and military personnel are only deployed when the riot situation occurs.

Geographical segmentation:

Based on geography, the Global Non-Lethal Weapons Market is divided into regions of Asia Pacific, Latin America, North America, Europe, the Middle East and Africa. Among these regions, North America is estimated to have the largest share during the foreseen period. The US Department of Defense (DOD) focus on developing less lethal weapons such as the PHASR rifle in recent years has led to increased market demand in this area.

Key market players:

The major end users of the non-lethal weapons market include law enforcement sector, followed by military. Some of the key players include Taser International Manufacturing Company (US), Combined Systems Inc. (US), and The Safariland Group (US), among others.



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Scope of the report:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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