Mounting Need for Self-defense among Civilians to Propel Demand for Non-lethal Weapons

To meet the mounting need for modernizing military weapons, companies operating in the global non-lethal weapons market are focusing on developing high-end non-lethal weapons, states Transparency Market Research (TMR) in a new report.

As a result of the research and development projects, companies are concentrating at enhancing the manufacturing of directed energy weapons – the most recent non-lethal weapon technology. Some of the key players present in the global non-lethal weapons market are PepperBall Technologies, Inc., LRAD Corporation, General Dynamics Corporation, Safariland Group, FN Herstal, TASER International, Inc., Lamperd Less Lethal, Inc., The Boeing Company, BAE Systems, and The Raytheon Company among others.

In 2014, the global non-lethal weapons market stood at US$3.20 bn and is projected to rise to a valuation of US$4.86 bn by the end of 2021. The market is anticipated to expand at a compound annual growth rate of 6.1% from 2015 to 2021. Based on product, the explosives segment dominated the market in 2014 with a revenue of US$1.17 bn and is likely to be worth US$1.76 bn by 2021. The availability of a large variety of non-lethal explosives such as rubber shrapnel, rubber bullets, sting grenades, and flash grenades are factors contributing to the rising demand for explosives across the globe.

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Social and Political Unrest to Drive Demand for Non-lethal Weapons in North America

Based on region, North America emerged dominant in the global non-lethal weapons market with a share of 34.1% in 2014. It is projected to account for approximately 33.4% by 2021. The growth in the North America non-lethal weapons market can be mainly attributed to the change in warfare tactics. Furthermore, growing social unrest in the region has impelled consumers as well as law enforcement agencies towards mass adoption of non-lethal weapons.

With rising investment by governments towards the development of non-lethal weapons with higher efficiency and effectiveness is likely to bode well for the growth of the non-lethal weapons market in North America. The growing inclination of civilians towards possession of non-lethal weapons for self-defense is further expected to push the sales of non-lethal weapons in the region.

Implementation of High-end Technology to Develop Non-lethal Weapon to Lift Sales Globally

According to a TMR analyst, “Owing to the advancement in technology and rising number of manufacturers of non-lethal weapons, the production of non-lethal weapons is anticipated to significantly rise over the coming years.” The development of innovative non-lethal weapons with the deployment of advanced technology is anticipated to impel consumers towards the possession of several high-tech non-lethal weapons.

Additionally, advances in scientific fields such as acoustics, computers, electromagnetic, electronics, and chemicals among others are likely to push the global non-lethal weapons market towards growth. Furthermore, factors such as placement of military in non-combat zones coupled with rising military expenditure and mounting demand for crowd control weapons are expected to boost the demand for non-lethal weapons in future.

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Calls by Humanitarian Organizations against Use of Non-lethal Weapons to Restrict Market Growth

According to several humanitarian groups, the use of non-lethal weapons violates legal and moral regulations. As a result of this, the Geneva Convention banned the use of non-lethal weapons that are likely to cause unjustified suffering to individuals. Furthermore, non-lethal weapons such as rubber bullets and tear gas are also considered to have short term but negative consequences on a person’s health.

Restrictions imposed by governments across the world are also expected to impede the growth of the global non-lethal weapons market. However, research and development projects which have been undertaken by numerous countries are likely to provide manufacturers of non-lethal weapons with opportunities they can capitalize on.

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This release was published on openPR.