SAN FRANCISCO, Aug. 03, 2017 (GLOBE NEWSWIRE) -- Global Non-Lethal weapons Market Report by Variant Market Research, estimate that global market is projected to reach $6 million by 2024, from $4 million in 2016 growing at CAGR of 6.2% from 2016 to 2024. The report will include detailed analysis of non-lethal weapons market with respect major segments such as products, technology, application and geography. Non-lethal weapons are disabling measure, strategic immobilizers, non-injurious and others. Non-Lethal Weapons (NLW) deliver a flexible military competence that consents responding across the range of conflicts. The advanced technological weapons will minimize the risk of death and damages to officers, prisoners, suspects, and the public and contribute to the reduction of criminal liability suits and civils against police, corrections departments and sheriff.
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Increasing number of riots and protests in urban areas will drive the global non-lethal weapons market
The global non-lethal weapons market is driven by factors such as increasing defense expenditure of emerging economics, increasing research and development activities, and growing demand for crowd control weapons. Moreover, deployment of military in non-combat zones also boosts the growth of the market. However, high price of these weapons are anticipated to hamper the growth of the market. Furthermore, advancements in numerous scientific fields, such as electronics, chemicals, computers, electromagnetics would provide attractive business opportunities in near future. With the growing number of extremist attacks, riots, and mass protests the necessity for non-lethal weapons is increasing. Non-lethal weapons enable to disperse crowds and are less harmful or allow hunting down the criminal amongst civilians triggering less collateral damage.
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Market Segmentations
The global non-lethal weapons market has been segmented on the basis of product, technology, application and geography. Product segment includes conducted energy weapons, energy weapons, water weapons, gases and sprays, and explosives. Technology market is categorized into chemical, acoustics, mechanical and kinetic and others. Application segment is further categorized into military, law enforcement agencies, and civilians. By geography, the market is segmented into North America, Europe, Asia-Pacific and RoW.
Law enforcement segment dominated the end user type segment of the market
Law enforcement helps in safety, protection of right to life, and security of a person. Less lethal weapons in law enforcement, majorly used when defendants have a mental illness or are under the influence of alcohol or drugs, it is also used to avoid injury to officers in close contact situations. Huge investments are made by key players for advancements of law enforcement in various applications would provide new business opportunities in the forecast period 2016 – 2024.
The directed energy weapons market anticipated to grow at the fastest CAGR during the forecast period
The directed energy weapons market is expected to grow with fastest CAGR during forecast period, driven by increase in demand for laser-equipped weapons that controls cross border trespassing and riots principally as these weapons have the capability to disperse larger hordes and offer more proficiency in riot control operations in contrast with direct contact weapon technologies such as rubber, tear gas, bullets, smoke grenades, and others.
Asia-Pacific region witnessed fastest CAGR during forecast period
The Asia-Pacific market is majorly driven by rising investments India, China and South Korea for progression of multifunctional non-lethal weapons in law enforcement as well as military applications. Moreover, North America accounted for largest market share in 2016, driven by increasing incidences of civil unrest in the region and technological advancements.
Competitive Landscape
The major companies operating in the global Non-lethal weapons market include BAE Systems Plc, TASER International Inc, LRAD Corporation, The Raytheon Company, Combined Systems Inc., Lamperd Less Lethal, Inc., and General Dynamics, among others.
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Scope of Non-lethal Weapons Market
Products Type Segment
- Directed energy weapons
- Conducted energy weapons
- Gases and sprays
- Water weapons
- Explosives
Technology Type Segment
- Mechanical and kinetic
- Chemical
- Acoustics
- Electromagnetic
- Others
Application Type Segment
- Military
- Law enforcement agencies
- Civilians
Geographical Segments
- North America
• US
• Canada
• Mexico - Europe
• Germany
• France
• United Kingdom
• Spain
• Others - Asia-Pacific
• China
• India
• Japan
• South Korea
• Others - RoW
• South America
• Middle East
• Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data packs proposing market sizing in an Excel/PDF/PowerPoint or Word format, as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial Services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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