Global Non-Lethal Weapons Market is Projected to Grow From USD 5.65 Billion in 2015 to USD 8.37 Billion By 2020 - Research and Markets

14 Apr, 2016, 07:10 ET from Research and Markets

DUBLIN, April 14, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "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"  report to their offering. 

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The global non-lethal weapons market is expected to grow from an estimated USD 5.65 billion in 2015 to USD 8.37 billion by 2020, at a CAGR of 8.2% from 2015 to 2020. 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 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 dominates 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. 

Key Topics Covered: 

1 Introduction 

2 Research Methodology 

3 Executive Summary 

4 Premium Insights 

5 Market Overview 

6 Industry Trends 

7 Non-Lethal Weapons Market, By End User 

8 Non-Lethal Weapons Market, By Product Type 

9 Non-Lethal Weapons Market, By Technology 

10 Regional Analysis 

11 Competitive Landscape 

12 Company Profiles 

Companies Mentioned:

  • Amtec Less Lethal Systems Inc
  • Armament Systems & Procedures Inc.
  • BAE Systems, PLC.
  • Combined Systems, Inc.
  • Condor Non-Lethal Technologies
  • Herstal SA
  • Lamperd Less Lethal Inc.
  • Lrad Corporation
  • Mission Less Lethal Technologies
  • Nonlethal Technologies, Inc.
  • Pepperball Technologies, Inc.
  • Raytheon Company
  • Taser International, Inc.
  • The Safariland Group

For more information visit http://www.researchandmarkets.com/research/w23hxr/nonlethal


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SOURCE Research and Markets