According to the research, the non-lethal weapons market will accumulate $9,656 million by 2022 registering a compound annual growth rate of 8% in the forecast period
Portland, OR -- (SBWIRE) -- 07/25/2017 -- Non-lethal weapons are used by the police force to debilitate riots, protests, civil unrest. Multiple events of mass unrest in the past have contributed to the growth of this market.
The research seeks to give a general overview of the market, key benefits, key market segments, and the research tactics including analyst tools used to give shape to this report. The market overview gives a bird's eye view on the market definition and scope and zooms into segments of key findings, value chain analysis, Porters Five Force Analysis, and market dynamics such as drivers, opportunities, and restraints. The key findings give a focused explanation on top impacting factors, top winning strategies, and lucrative investment pockets for the key players. The Porters Five Force Analysis concentrates on matters of bargaining power of suppliers and buyers, the presence of well-known market leaders, limited entry of new players, enhanced product quality, and high rivalry arising from fewer competitors.
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New research and upgrades have introduced better non-lethal weapons in the market which is deemed fruitful for this segment. Incidents of political unrest, criminal control, civil unrest, riots arising from a change in regulations have also been identified as the drivers for this market. However, the government regulations and environmental concerns may cause a halt. Despite this, research and development, and increased military expenditures have been viewed as opportunities for the non-lethal weapons market.
The different types of non-lethal weapons segmented are directed energy weapon, conducted energy weapons, and explosive including gases and sprays. The research also made a segregation on the basis of technology. The sections are chemical non-lethal weapons, acoustic non-lethal weapons, electromagnetic non-lethal weapons, and mechanical and kinetic non-lethal weapons that will contribute significantly in the forecast period. The report gives an in-depth detailing of topics such as the key market trends, drivers and prospects, and market size and forecast for each of the sections under non-lethal weapon on the basis of type and technology.
The non-lethal weapons market is mainly used by sectors of the military, law enforcement agencies, and personalized applications who work in collaboration with the key global players and gain access to the latest and upgraded products.
Geographically segmented, the research piece focuses on North America, LAMEA, Asia-Pacific, Europe. North America and Europe who have voluminous military expenditure which pushes the growth of this market. Civil unrest, violence, and criminal activities arising from the regions of Syria, Sudan, Iraq, Afghanistan, Somalia, North Korea, and The Central Africa Republic, Democratic Republic of Congo are directly responsible for boosting the non-lethal weapons market. The report provides details on key market trends, growth factors and opportunities, and market size and forecast for each of the geographical regions.
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