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Asia-Pacific Non-lethal Weapons Market to Witness Mounting Growth in Approaching Time-Condor Non-lethal Technologies, Axon (Taser International Inc.), RUAG Group

07-09-2021 04:23 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

Asia-Pacific Non-lethal Weapons Market by Component, Application, Services, and Region- Forecast to 2025

The Global Asia-Pacific Non-lethal Weapons Market Research Report 2021-2025 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Asia-Pacific Non-lethal Weapons business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Asia-Pacific Non-lethal Weapons worth chain and its wholesaler examination. Asia-Pacific Non-lethal Weapons Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The Asia-Pacific non-lethal weapons market is anticipated to register a CAGR of over 5% during the forecast period.

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https://www.marketinsightsreports.com/reports/10192353595/asia-pacific-non-lethal-weapons-market-growth-trends-and-forecasts-2020-2025/inquiry?Mode=A*

Top Leading Companies of Asia-Pacific Non-lethal Weapons Market are Condor Non-lethal Technologies, Axon (Taser International Inc.), RUAG Group, Rheinmetall AG, Zarc International, Genasys Inc., Lamperd Inc., AMTEC Less-Lethal Systems Inc. (PACEM Defense LLC), and others.

Industry News And Updates on Asia-Pacific Non-lethal Weapons Market-

China to Dominate the Market During the Forecast Period

Currently, China is dominating the Asia-Pacific non-lethal weapons market, mainly due to the occasional riots and civil unrest, such as demonstrations and protests in cities in Eastern China, often in connection with labor-related, environmental, and educational issues. Such instances have led to the police forces resorting to the use of non-lethal ammunition, which, collectively, may have a positive impact on the growth of the market. Moreover, the majority of the law enforcement and police officers in the country carry less-lethal weapons, like tasers, batons, and canisters of mace spray, that are less harmful, when compared to the traditional firearms. The non-lethal weapons market in China may continue to grow, as the number of assaults on law enforcement agencies in the country is on the rise, prompting the government to strengthen the police by developing new non-lethal weaponry. For instance, in September 2019, China designed a sonic weapon that can selectively target individuals or groups in a crowd, leaving them unable to control muscle movements and rendering them easy pickings for the police to round up. The weapon is designed to be non-lethal, and the effects wear off eventually.

Key Market Trends Asia-Pacific Non-lethal Weapons Market-

Ammunition Segment is Projected to Grow at a High Pace

The ammunition segment holds a dominant share in the Asia-Pacific non-lethal weapons market. The increasing instances of civilian unrest in the region have encouraged the military and other law enforcement agencies to procure non-lethal weapons to ensure public safety. Emerging R&D technologies are likely to bolster the development of new non-lethal ammunition, which may propel the growth of the market in the coming years. Several types of non-lethal ammunition, such as rubber bullets, wax bullets, plastic bullets, bean bag rounds, and sponge grenades, are fired from standard firearms or dedicated riot guns for short-range practice, animal control, and riot control. Advances in less-lethal technology offer the promise of more effective control over resistive suspects with fewer serious injuries. Furthermore, governments permit the use of advanced non-lethal weapons in case of emergencies. Hence, the growing requirement for crowd-control weapons may propel the growth of the market during the forecast period.

Competitive Landscape On Asia-Pacific Non-lethal Weapons Market-

Competitive Landscape

The prominent players in the Asia-Pacific non-lethal weapons market are Combined Systems Inc., Condor Non-lethal Technologies, Axon (Taser International Inc.), Safariland LLC, and RUAG Group. Mergers and acquisitions have helped the companies strengthen their market presence. For instance, in May 2018, VIEVU, a subsidiary of Safariland LLC, was acquired by Axon Enterprise Inc. As part of the agreement, Safariland and Axon entered a 10-year agreement, under which Safariland became the preferred holster provider for Axons TASER Conducted Electric Weapons (CEW). Additionally, in January 2020, Safariland LLC introduced NIK CBD quick test for the public safety, military, professional, and outdoor markets.

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The report takes a 360-degree approach to ensure that the niche and emerging aspects are also factored Asia-Pacific Non-lethal Weapons in to ultimately get accurate results.
Analyst Support: Get you query resolved by speaking to our research analysts before and after purchasing the report.
Customer Satisfaction: Our team of research analysts will accommodate all your Asia-Pacific Non-lethal Weapons research needs and customize the report accordingly.
Long-standing experience: Our team of analysts will offer elaborate and accurate insights pertaining to the Asia-Pacific Non-lethal Weapons Market

We additionally offer customization on reports based on customer necessity:

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and Chinese and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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