Non-Lethal Weapons Market Size, Share, Growth, Analysis, Trend, Forecast To 2023


Posted January 31, 2020 by nita01

electroshock weapon, as an alternative form of protection for personal security. Global Non-Lethal Weapons Market Report: by Type (Direct Contact Weapons and Directed Energy Weapons)
 
Non-Lethal Weapons Market Synopsis:

The non-lethal weapons are used to restrain or incapacitate the public. It is also commonly known as less-lethal weapons. According to Market Research Future (MRFR)’s findings, the global non-lethal weapons market is expected to strike 8% CAGR over the evaluation period 2018 to 2023. The expansion can be attributed to rising demand for both law enforcement and military applications.

Increasing riots and militant uprising in certain regions has led to an increase in the sales of non-lethal weapons. The rising investments by the governments for controlling these uprisings are expected to drive the proliferation of the non-lethal weapons market in the foreseeable future. Also, the defense sector is procuring these weapons for internal conflicts. The focus on human rights has motivated the governments to motivate in technology that is not for neutralizing but restraining attacks. It is anticipated to impact the non-lethal weapons market positively. Also, the rising crime rate is projected to play a crucial role in the development of the non-lethal weapons market. the rising purchase of less-lethal weapons for personal security is one of the major drivers of the market.

Non-Lethal Weapons Market Segmentation:

On the basis of type, the non-lethal weapons market has been divided into directed energy non-lethal weapons and direct contact non-lethal weapons. Among these, the directed energy non-lethal weapons segment is anticipated to lead the growth Non-Lethal Weapons Market, owing to its effectiveness in controlling riots.

On the basis of disabling mechanism, the global non-lethal weapons market has been segmented into impact, intense sound/light, and irritant chemicals.

Based on end-use, the non-lethal weapons market has been bifurcated into military and law enforcement. Among these, the law enforcement segment held the maximum share of the market in 2017. It is assessed that the segment is likely to retain a prominent position in the foreseeable future owing to rising demand for restraining and incapacitating rather than neutralizing.

Non-Lethal Weapons Market Regional Analysis:

The global non-lethal weapons market, on the basis of region, has been segmented into Asia Pacific, North America, Europe, and the Rest of the World (RoW). These regional segments, for a detailed geographic evaluation, are then studied on the basis of country-level markets. North America is the most crucial regional segment of the global market. The U.S. is assessed to lead the region over the next couple of years. Canada is also expected to witness a substantial rate of growth rate in the years to come. The government in the U.S. leverages these weapons to control violent crimes. It is observed to support the growth of the non0lethal weapons market in the region.

Non-Lethal Weapons Market Competitive Dashboard:

Axon Enterprise, Inc. (US), Amtec Less-Lethal Systems, Inc. (US), Combined Systems, Inc. (US), FN Herstal, S.A. (Belgium), Armament Systems & Procedures Inc. (US), Condor Non-Lethal Technologies (Brazil), Nonlethal Technologies, Inc. (US), Mission Less Lethal Technologies (US), Lamperd Less Lethal Inc. (Canada), and United Tactical Systems, LLC (US) are few of the eminent players of the non-lethal weapons market profiled in this report.

These players are emphasizing on research & development for product launches and product development. It is expected to boost the competitive landscape of the non-lethal weapons market in the years to come. Some of the inorganic approaches to be leveraged by key players are – agreements, strategic collaborations, partnerships, mergers & acquisitions, alliances, etc.

Industry News:

In November 2019, the Hong Kong government pressed for the implementation of new national security law. It is deemed to pass by mid 2022.

In May 2019, a Turkish firm has announced the launch of its advanced non-lethal electroshock, Wattozz electroshock weapon, as an alternative form of protection for personal security.

Global Non-Lethal Weapons Market Report: by Type (Direct Contact Weapons and Directed Energy Weapons), by Disabling Mechanism (Impact, Irritant Chemicals and Intense Sound/Light), by End-User (Law Enforcement and Military) and by Region – Forecast to 2023 @ https://www.marketresearchfuture.com/reports/non-lethal-weapons-market-1353
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Last Updated January 31, 2020