Non Lethal Weapons Market Acquisitions And The Innovative Business Strategies By Key Market Players, Types, Regional Analysis
Non-Lethal Weapons Market by End User (Law Enforcement and Military & Defense), by Product Type (Direct Contact Weapons and Directed Energy Weapons), by Technology (Electromagnetic, Mechanical, and Chemicals) and by Geography - Forecast To 2021
The market report for Non-Lethal Weapons of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
The global Non-Lethal Weapons market at a CAGR of around 9% during 2016-2021
Non Lethal Weapons Market 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 – Market Overview
Non-lethal weapons are used by both the military and the law enforcement forces. Unlike lethal weapons, that can cause casualties, the non-lethal weapons are used to reduce the fatalities to a large extent. These weapons are specifically designed to cause temporary harm or injury to a person. Non-lethal weapons are mainly used for crowd dispersion, controlling civil wars, and controlling illegal protests against governments.
Non-lethal have become the weapon of choice for state police forces in many parts of the world where they do not have permit to use lethal weapons on civilians. One of the reasons for this is also the easy availability of non-lethal weapons. They are available legally for the state's use. There are thousands of companies in approximately 100 countries producing small arms and non-lethal weapons. The Small Arms industry has become globalized, with most of the small arms, including non-lethal weapons now being produced in different countries.
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.
Non-Lethal Weapons Market – Segments
For the convenience of the report and enhanced understanding; the non-lethal weapons market is segmented in to four key dynamics:
Segmentation by End User: Law Enforcement and Military & Defense.
Segmentation by Product Type: Direct Contact Weapons and Directed Energy Weapons.
Segmentation by Technology: Electromagnetic, Mechanical, and Chemicals.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.