Global Non-Lethal Weapons Market to See 8.2% CAGR to 2020 Led by North America
PUNE, India, April 6, 2016 /PRNewswire/ --
The worldwide non-lethal weapons market is forecast to grow at a CAGR of 8.2% and reach an estimated $ 8.37 billion worth by 2020. Increasing need of non-lethal weapons is to facilitate human right violations. Law enforcement segment is to witness higher growth during the forecast period.
Complete report on global non-lethal weapons market spread across 197 pages, profiling 14 companies and supported with 66 tables and 101 figures is now available at http://www.rnrmarketresearch.com/non-lethal-weapons-market-2013-2018-market-report.html .
The market for non-lethal weapons is driven by critical factors, such as increasing political disputes and civil unrest, and militarization of law enforcement agencies, among others. The key end users for non-lethal weapons market considered are military and law enforcement. The law enforcement segment market is estimated to grow at the highest CAGR during the forecast period, among end-users. Non-lethal weapons are used often to accomplish the objectives, such as discourage, delay or prevent hostile actions and limit escalations, among others. The military segment market is also growing at a modest rate as they are used in conjugation with lethal weapons systems to enhance the efficiency and effectiveness of military operations.
The North American region dominated the global non-lethal weapons market in 2015, and is expected to continue its dominance during the forecast period of 2015 to 2020. The U.S. is considered to be the largest developer, operator and exporter of non-lethal weapons globally, thereby constituting the largest share of the North American region in the global non-lethal weapons market. The main application of the non-lethal weapons market is for riot control; avoid post-conflict costs of reconstructions, temporary disable equipment, facilities and personnel and also to support commanders in contingency operations.
The market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. This rapid growth can be attributed to the fact that more than 10 nations in Asia-Pacific currently have active non-lethal weapons programs, including China, India, Japan and South Korea, among others. With rapid advancements and adoption of technologies in the region, the non-lethal weapons market in Asia-Pacific is projected to grow significantly during the forecast period (2015 to 2020). Another key factor driving the growth of the Asia-Pacific market is the increasing investments and development of directed energy weapons, such as laser dazzlers and active denial systems. China has developed WB-1 MMW active denial systems, a non-lethal, microwave-directed energy weapons that can be used in crowd control, anti-pirate and anti-terrorism operations.
The major companies profiled in the report include Taser International Manufacturing Company (U.S.), Combined Systems Inc. (U.S.), The Safaril and Group (U.S.), and Amtec Less lethal Systems Inc. (U.S.), among others. Order a copy of Non-Lethal Weapons Market by End User (Military, Law Enforcement), Product Type (Direct Contact Weapons, Directed Energy Weapons), Technology (Electromagnetic, Mechanical & Kinetic, Chemical & Others) & Region - Global Forecast to 2020 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=114454 .
From an insight perspective, this research report has focused on various levels of analysis-industry analysis (industry trends, and technology trends), market share analysis of top players, supply-chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the non-lethal weapons market, high-growth regions and countries and their respective regulatory policies, government initiatives, and market drivers, restraints, and opportunities.
On a related note, another research on Small Arms Market Global Forecast to 2020 says, Increasing civilian use of small arms for shooting sports and self-defense is a major factor driving the small arms market growth, globally. The global small arms market is expected to grow from an estimated USD 4.09 billion in 2015 to USD 4.92 billion by 2020, at a CAGR of 3.8% from 2015 to 2020. The major companies profiled in the report include Orbital ATK (U.S.), Smith & Wesson Holding Corp. (U.S.), Sturm, Ruger, & Co. Inc. (U.S.), Freedom Group (U.S.), and Forjas Taurus S.A. (Brazil), among others available at http://www.rnrmarketresearch.com/small-arms-market-pistols-rifles-sub-machine-guns-assault-rifles-and-light-machine-guns-by-application-civil-military-homeland-security-by-region-by-country-global-forecasts-and-analysis-market-report.html .
Explore more reports on weapons market at http://www.rnrmarketresearch.com/reports/public-sector/defense/weapons .
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