Fast Market Research announces the availability of the new Markets and Markets report, "Non-Lethal Weapons Market - Global Forecast to 2020", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 05/03/2016 -- 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
"Increasing need of non-lethal weapons to facilitate human right violations"
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.
"Law enforcement segment to witness higher growth during the forecast period"
The key end users for non-lethal weapons market considered are military and law enforcement.
Get More Details on this Report and a Full Table of Contents at Non-Lethal Weapons Market - Global Forecast to 2020
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.
"North America dominates; Asia-Pacific to grow at the highest rate"
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. 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.
Break-up of profile of primary participants for the Non-lethal Weapons Market
-By Company Type - Tier 1 - 35 %, Tier 2 - 45% and Tier 3 - 20%
-By Designation - C level - 35%, Director level - 25%, Others - 40%
-By Region - North America - 45%, Europe - 30%, APAC - 20%, RoW - 5%
The major companies profiled in the report include Taser International Manufacturing Company (U.S.), Combined Systems Inc. (U.S.), The Safariland Group (U.S.), and Amtec Less lethal Systems Inc. (U.S.), among others.
Reasons to Buy the Report:
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.
The report provides insights on the following pointers:
-Market Penetration: Comprehensive information on non-lethal weapons offered by top 10 players in the global non-lethal weapons market
-Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the non-lethal weapons market
-Market Development: Comprehensive information about lucrative emerging markets - the report analyses the markets for non-lethal weapons across regions
-Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global non-lethal weapons market
-Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the global non-lethal weapons market
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