Non-Lethal Weapons Market Garner to $12,490.5 million by 2028, At 7.4% CAGR | Key Dynamics

Non-lethal Weapons Market by Technology, Product Type, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2028," the global non-lethal weapons market was valued at $7,378.2 million in 2020, and is projected to reach $12,490.5 million by 2028, registering a CAGR of 7.4%.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/1711

Increase in territorial conflicts across the world and technologically advanced solutions drive the growth of the global non-lethal weapons market. However, increase in number of incidents causing adverse effects of use of non-lethal weapons and government regulations and environmental concerns hinder the market growth. On the contrary, rise in budgetary expenses in military and R&D initiatives are expected to open new opportunities for the market players in the coming years.

Rise in territorial conflicts globally and availability of technologically advanced solutions, are expected to drive the global non-lethal weapons market growth during the forecast period. However, government regulations and environmental concerns, and the rise in number of incidents causing adverse effects due to the use of non-lethal weapons are anticipated to hamper the growth of the market during the forecast period. Moreover, increase in budgetary expenses in military and R&D initiatives are expected to offer growth opportunities for the market in the future.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/non-lethal-weapons-market/purchase-options

On the basis of end-users, the law enforcement agencies segment held the largest share in 2020, contributing to around three-fifths of the market. Moreover, the segment is projected to manifest the highest CAGR of 8.1% from 2021 to 2028.

𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

Key players operating in the global non-lethal weapons market include Combined Systems, Inc., The Safariland Group, Condor Non-Lethal Technologies, AMTEC Less Lethal Systems, Inc., Armament Systems & Procedures Inc., NonLethal Technologies Inc., Pepperball Technologies, Inc., ISPRA Ltd, Rheinmetall AG, and Zarc International

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The global non-lethal weapons market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2020, accounting for nearly two-fifths of the market. However, the Asia-Pacific is anticipated to register the highest CAGR of 8.5% during the forecast period.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/1711

By technology, the market is categorized into chemical, electroshock, mechanical and kinetic, acoustic/light, and others. The chemical segment accounted for the highest revenue in 2020, owing to the high demand for chemical non-lethal weapons such as tear gas, aerosols, smoke grenades, and chemical projectiles by the law enforcement agencies globally. The rise in popularity of electroshock weapons is expected to increase the demand for electroshock non-lethal weapons over the years.

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

By technology, the electroshock segment is expected to register a significant growth during the forecast period.

By product type, the taser guns segment is anticipated to exhibit significant growth in the near future.

By end user, the law enforcement agencies segment is projected to lead the global non-lethal weapons market owing to higher CAGR as compared to military and citizens segments.

By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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