Non-Lethal Weapons Market to Reach $9,656 Million, Globally, by 2022| To See Huge Growth & Profitable Business | Key Players - General Dynamics Corporation, TASER International, Inc., LRAD Corporation, Chemring Group
Download Report Sample (PDF with Insights, Charts, Tables, Figures) at: https://www.alliedmarketresearch.com/request-sample/1711
The popularity of non-lethal weapons for handling critical riot situations has significantly increased, owing to factors such as minimal causalities, availability of cost-effective & advanced products, high efficiency to incapacitate targets, and others.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at: https://www.alliedmarketresearch.com/connect-to-analyst/1711
Increasing budgetary expenses in defense sector, proactive research & development initiatives by market players, funding from government organizations, rising incidence of civil unrest, and other factors drive the market growth for non-lethal weapons industry. In addition, the adoption of non-lethal weapons, such as TASER, pepper sprays, and smoke bombs has increased among law enforcement agencies worldwide due to supportive government regulations and availability of low-cost products. Moreover, developments are under pipeline to introduce advanced weapons in directed energy weapons segment. For instance, Governments of U.S., China, and India have taken initiatives to develop advanced active denial systems to control riots. Increased awareness about benefits associated with the use of non-lethal self-defense weapons has fueled the demand for non-lethal weapons among civilians. However, stringent regulation and variations in weapon laws in specific regions limit the growth of non-lethal weapons industry.
Request for Customization of This Report at: https://www.alliedmarketresearch.com/request-for-customization/1711
In 2015, explosives, gases, and sprays accounted for maximum revenue shares in the overall non-lethal weapons market size due to their high demand, and availability of low-cost products. The latest developments in this segment are expected to boost the non-lethal weapons market growth. For instance, in July 2014, General Dynamics Corporation launched a 66-mm grenade system, Medusa and flashbang grenades. In 2014, Edgewood Chemical and Biological Center (ECBC) tested the first-of-its-kind multicolored smoke bombs used for signaling by the U.S. army. In addition, in 2015, the directed energy weapons segment was the fastest growing segment, and is projected to grow at a CAGR of around 9% during the forecast period due to increasing scope of applications and technological advancements in this sector.
The chemical non-lethal weapons segment dominated the global market in 2015. Furthermore, acoustic non-lethal weapons segment is anticipated to grow at a CAGR of over 9% during the forecast period due to increasing military expenditures, inclination towards mass crowd repellent weapons, and continuous technological improvements in product features.
In 2015, law enforcement agencies segment generated the highest revenue in the global market, followed by the military segment. Moreover, personal application segment is projected to grow at the fastest CAGR of over 8% during the forecast period due to factors such as increased number of violent crimes & homicide rates, increased awareness about personal safety and availability of low cost products.
Interested to Procure The Data? Inquire here at: https://www.alliedmarketresearch.com/purchase-enquiry/1711
North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period. Introduction of advanced non-lethal weapons technologies, such as active denial systems, coupled with increased awareness among consumers is expected to boost sales in this region.
Key findings of the Non-Lethal Weapons Market:
• In 2015, explosives, gases, and sprays segment dominated the overall non-lethal weapons market in terms of revenue, and is projected to grow at a CAGR of around 7% during the forecast period.
• Acoustic non-lethal weapons segment is expected to grow at a remarkable CAGR of over 9% from 2016 to 2022.
• Directed energy weapons segment is projected to grow at the highest CAGR of 9% during the forecast period.
• Law enforcement agencies segment is projected to generate the highest revenue in the market during the forecast period.
• In 2015, North America generated the highest revenue among all regions in the global non-lethal weapons market.
General Dynamics Corporation, TASER International, Inc., LRAD Corporation, and Chemring Group PLC. are some of the prominent players in the market. Market players have focused on technological advancements of products, and partnerships & acquisitions for expansion in the market. For instance, in January 2016, Taser International, Inc. announced the launch of its latest non-lethal self-defense weapon, TASER Pulse, for personalized application segment to expand its customer base and increase product offerings in non-lethal weapons market. In April 2016, Safariland, LLC announced its partnership with ECM Technologies to expand its presence in South Africa.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Non-Lethal Weapons Market to Reach $9,656 Million, Globally, by 2022| To See Huge Growth & Profitable Business | Key Players - General Dynamics Corporation, TASER International, Inc., LRAD Corporation, Chemring Group here
News-ID: 2231847 • Views: 250
More Releases from Allied Market Research
Industrial Valves Market Worth $107,356.7 Million in 2027 | by Material Type, Va …
According to a new report published by Allied Market Research, titled, “Industrial Valves Market by Material Type, Valve Type, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global industrial valves market size is expected to reach $107,356.7 million in 2027 from $86,202.7 million in 2019, growing at a CAGR of 3.5% from 2020 to 2027. In 2019, North America dominated the market, in terms of revenue, accounting for
Off-Highway Engine Market | Future Challenges and Industry Growth Outlook 2021-2 …
Off-highway engine deals with the machine, which is designed to convert thermal energy into mechanical energy. Off-road vehicles are a type of vehicles that are capable of driving on off-titled or pebbly surfaces. Off-road vehicles have large tires with deep open treads and a flexible suspension. Heat energy burns fuel to create heat, which is then used to power vehicles. The most common use of off-road vehicles is for exploration
India Ceramic Tiles Market Worth $7,144.7 Million by 2027 | by Type, Application …
According to a new report published by Allied Market Research, titled, “India Ceramic Tiles Market by Type, Application, End User, and Construction Type: Opportunity Analysis and Industry Forecast, 2020–2027,” the India ceramic tiles market size was valued at $3,720.2 million in 2019, and is projected to reach $7,144.7 million by 2027, growing at a CAGR of 8.6% from 2020 to 2027. By volume, the India ceramic tiles market was 821
Bridge Construction Market Worth $1,212.6 Billion by 2027 | by Type, Material, A …
According to a new report published by Allied Market Research, titled, “Bridge Construction Market by Type, Material, and Application: Opportunity Analysis and Industry Forecast, 2020–2027,” the global bridge construction market size was valued at $908.0 billion in 2019, and is projected to reach $1,212.6 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027. Download PDF Sample Report @ https://www.alliedmarketresearch.com/request-sample/5420 Asia-Pacific generated the highest revenue in 2019, and is
More Releases for CAGR
Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020