DUBLIN, April 17, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/3bg68v/global_nonlethal) has announced the addition of the "Global Non-lethal Weapons Market 2014-2018" report to their offering.
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The analysts forecast the Global Non-lethal Weapons market to grow at a CAGR of 5.22 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increase in global defense budget. The Global Non-lethal Weapons market has also been witnessing the increase in R&D. However, the increase in raw material prices could pose a challenge to the growth of this market.
The report, the Global Non-lethal Weapons Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Non-lethal Weapons market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The Global Defense industry is investing extensively in R&D activities. This has resulted in the development of technologies that can help augment the endurance and survivability of army weapons in difficult atmospheric conditions. As a result of emerging technologies and changing environments, departments of defense in different countries are investing in new and improved non-lethal weapons. For instance, there is a rise in the demand for guns that require low maintenance and do not overheat. Therefore, with the increase in R&D, the demand for advanced non-lethal weapons is also increasing.
According to the report, one of the major drivers in this market is the increase in global defense budget. As a result of the increase in global defense budgets, the demand for non-lethal weapons is also expected to increase.
Further, the report states that one of the major challenges in this market is the increase in the prices of raw materials. The rise in the raw material prices has resulted in pricing pressure on non-lethal weapon manufacturers, and they are compelled to pass on the increased cost to customers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Product Segmentation
08. End User Segmentation
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
- BAE Systems plc
- Brügger & Thomet AG
- Condor Non-Lethal Technologies
- General Dynamics Corp.
- Lamperd Less Lethal
- Metal Storm Ltd.
- Non-Lethal Technologies Inc.
- Qinetiq Group plc
- Raytheon Co.
- TASER International
- Textron Defense Systems.
- The Safariland Group.
For more information visit http://www.researchandmarkets.com/research/3bg68v/global_nonlethal
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SOURCE Research and Markets