Press release
Non-Lethal Weapons Market 2018 Global Analysis By Leading Players - Aardvark Tactical, BAE systems, General Dynamics, Lamperd Less Lethal and KRATOS Defense and Security Solutions
Non Lethal Weapons Market SynopsisThe global Non-Lethal Weapons market is expected to grow at a CAGR of around 9% during 2016-2021.The factors driving the demand are growing civilian & political unrest, and police militarization, thus resulting in the procurement of advanced weapon systems.
As per the MRFR analysis, the factor restraining the market growth is the concern raised by civilian over the usage of these weapons and regulatory issues would hinder the market growth in the forecast period.
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Key Findings
• Law enforcement segment will grow at a CAGR of around 7.5% through 2021
• Americas will dominate the market Whereas, APAC will register significant growth in the forecast period
Key Players
The leading market players in the Non-lethal weapons market primarily include Aardvark Tactical, BAE systems, General Dynamics, KRATOS Defense and Security Solutions, Lamperd Less Lethal. The other prominent players include Brügger & Thomet AG, Condor Non-Lethal Technologies, Metal Storm Ltd, Nonlethal Technologies Inc., Raytheon Co and TASER International, Inc.
Non-Lethal Weapons Market – Competitive Analysis
The global non-lethal weapons market is a highly fragmented market due to the presence of a large number of established manufacturers, small-sized vendors, and medium-sized vendors. The competitive environment in this market is likely to intensify, during the forecast period, with the increase in product extensions, technological innovations, and increase in the number of mergers and acquisitions. It is expected that international players may grow organically during the forecast period by acquiring smaller players.
Established companies are acquiring smaller companies that have a weak financial position and a low market share. Such acquisitions are helping major companies increase their market shares and their geographical presence. It is also helping them enhance their product portfolio. For instance, The Safariland Group acquired the explosive ordnance disposal and crew survivability businesses of Allen-Vanguard Corp., the leader in customized solutions for defeating terrorist and extremist threats.
Industry/ Innovation/ Related News:
March, 2018:- It was reported that the US military scientists were developing a laser cannon that shoots disembodied voices.
March, 2018:- It was reported by the US Pentagon that non-lethal laser technologies would be used during the riots.
Global Non-Lethal Weapons Market Segmentation
by End User : Law Enforcement and Military & Defense
by Product Type : Direct Contact Weapons and Directed Energy Weapon
by Technology : Electromagnetic, Mechanical and Chemicals
by Geography : North America, Europe, Asia Pacific, Middle East & Africa and South America
Global Non-Lethal Weapons Market Regional Analysis
As per the MRFR analysis, the factor restraining the market growth is the concern raised by civilian over the usage of these weapons and regulatory issues would hinder the market growth in the forecast period.
Americas to dominate the Global Non-Lethal Weapons Market during the forecast period
As per the MRFR analysis, the Americas Non-lethal weapons market to grow at a CAGR of around 5% during the forecasted period. Whereas, EMEA and APAC will grow at moderate CAGR.
Access the market data and information presented through over 60 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Non-Lethal Weapons Market Information- Forecast from 2016 to 2021" @ https://www.marketresearchfuture.com/reports/non-lethal-weapons-market-1353
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This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Non-Lethal Weapons Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.
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