openPR Logo
Press release

North America Non-Lethal Weapons Market to Expand at a CAGR of 5.8% 2021

12-21-2016 10:11 AM CET | Industry, Real Estate & Construction

Press release from: TMR

North America Non-Lethal Weapons Market to Expand at a CAGR

Transparency Market Research (TMR) has published a new report, titled “Non-Lethal Weapons Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”. According to this report, the global non-lethal weapons market will expand at a CAGR of 6.10% during the forecast period from 2015 to 2021. In 2014, the global non-lethal weapons market was worth US$3.2 bn and by 2021, the market is projected to be worth US$4.8 bn

The global non-lethal weapons market is driven by the rising deployment of military forces in non-combat zones. In addition to this, the global non-lethal weapons market is also driven by the adoption of advanced technology in the manufacturing of non-lethal weapons. Furthermore, the rising demand for crowd control weapons to address protests and riots and escalating military expenditures will also propel the market. On the other hand, the global non-lethal weapons market will be constrained by the influence of humanitarian groups against the use of non-lethal weapons and other restrictions imposed by the law.

Product-wise, the global non-lethal weapons market is segmented into explosives (flash grenades and sting grenades), water weapons, gases and sprays (scent-based weapons, pepper spray, tear gas, and others), conducted energy weapons, and directed energy weapons (sonic, laser, and high power microwaves). The global non-lethal weapons market was led by the explosives segment in 2014. The demand for directed energy weapons is projected to witness significant growth in the coming few years.

Get More Information : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5705

Technology-wise, the global non-lethal weapons market is divided into electromagnetic (visible light, electroshock, infrared and ultraviolet, and radiofrequency and microwave frequency), acoustic (infrasound, ultrasound, and audible), chemical (foams and malodorants), mechanical and kinetic (barriers, entanglements, and blunt implant devices), and other technologies (markers and others). Some of the technology segments expected to witness rapid growth are electromagnetic, chemical, and acoustic.

Application-wise, the global non-lethal weapons market is segmented into civilians, law enforcement agencies, and the military. The application of non-lethal weapons by law enforcement agencies is projected to expand at a 6.10% CAGR during the forecast period from 2015 to 2021.

Region-wise, the global non-lethal weapons market is classified into Europe, North America, Asia Pacific, and Rest of the World (RoW). In 2014, North America dominated the global non-lethal weapons market with a share of more than 30% and is projected to continue its dominance in the coming few years. The North America non-lethal weapons market benefits from the growing adoption of high-end weapons systems used to gain an advantage in asymmetric warfare. The U.S. is estimated to be the largest national market in the world for non-lethal weapons and is expected to lead the global market in the foreseeable future. On the other hand, Asia Pacific is projected to progress at the fastest CAGR of 6.80% during the forecasting horizon.

Players in the global non-lethal weapons market will benefit from the growing number of R&D initiatives undertaken by several nations, military modernization projects, and elevated capabilities offerings and broader applications of non-lethal weapons. The key players operating in the global non-lethal weapons market are Chemring Defence, TASER International, BAE Systems, General Dynamics, and FN Herstal.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 North America Non-Lethal Weapons Market to Expand at a CAGR of 5.8% 2021 here

News-ID: 399746 • Views:

More Releases from TMR

Emerging Opportunities in Logistics Market with Current Trends Analysis
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031. The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and