Technavio, a tech-focused market research firm, has published a new report on the global non-lethal weapon market, which is expected to grow at a CAGR of close to 6% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global non-lethal weapon market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Non-lethal weapon market in the Americas: In the Americas, the US is the largest market for non-lethal weapons. The rules and regulations permitting the ownership of guns by civilians are quite relaxed in the US, along with a low denial rate for obtaining the license. Such liberty has also raised the number of criminal activities.
According to Moutushi Saha, a lead analyst at Technavio, specializing in research on defense, “The law enforcement bodies mostly use non-lethal weapons to control violent crimes in the US as the country holds the highest ratio of civilian ownership of guns in the world. Besides this, the growing demand for a non-lethal directed-energy weapon is also expected to be another major factor driving the market in this region.”
Non-lethal weapon market in EMEA: Europe is a major contributor to the non-lethal weapon market in EMEA. Several European organizations are working together under European Working Group Non-Lethal Weapons to develop and implement non-lethal weapons capabilities. Rising non-traditional threats have encouraged the need for innovative solutions, which can counter attacks in a less harmful way. Moreover, non-lethal weapons can be used by armed forces and law enforcement agencies, which is driving the market in the European region.
Non-lethal weapon market in APAC: Growing investments and the development of non-lethal weapons such as active denial system and laser dazzlers are expected to boost the market in APAC during the forecast period. China is one of the major producers and a growing market for non-lethal weapons in the region. With rising defense expenditure in APAC, government bodies have also investing in advanced non-lethal weapons.
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The top leading vendors operating in the global non-lethal weapon market are:
- AARDVARK
- BAE Systems
- General Dynamics
- Kratos Defense & Security Solutions
- Lamperd Less Lethal
Other prominent vendors in the market include Brügger & Thomet, Condor Non-Lethal Technologies, Metal Storm, NonLethal Technologies, Raytheon, Safariland, and TASER International.
A more detailed analysis is available in the Technavio report titled, ‘Global Non-Lethal Weapon Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Man-Portable Rocket Launcher Market 2017-2021
- Global Military Infrastructure and Logistics Market 2016-2020
- Global Military Biometrics Market 2016-2020
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