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Non-Lethal Weapons Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Armament Systems & Procedures Inc., Amtec Less-Lethal Systems Inc., Lamperd Less Lethal Inc
Non-Lethal Weapons Market Characteristics
The Business Research Company offers in-depth market insights through Non-Lethal Weapons Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The non-lethal weapons market size has grown strongly in recent years. It will grow from $7.71 billion in 2023 to $8.39 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to law enforcement adoption, conflict zone application, research and development, shift in public perception..
The non-lethal weapons market size is expected to see strong growth in the next few years. It will grow to $11.59 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to investments in r&d, rising security concerns, military modernization strategies, public opinion and activism, stricter regulations on lethal force.. Major trends in the forecast period include rising civil unrest, law enforcement modernization, humanitarian and conflict zones, public awareness and advocacy, military adoption of non-lethal solutions..
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Market Segmentation:
The non-lethal weapons market covered in this report is segmented -
1) By Product Type: Gases and Sprays, Grenades, Bullets, Taser Guns, Other Products
2) By Technology: Chemical, Electroshock , Mechanical and Kinetic, Acoustic and Light, Other Technology
3) By End-Users: Law Enforcement Agencies, Military, Citizens
Major Driver - Rising Political Disputes And Civil Unrest Drive Growth In The Non-Lethal Weapons Market
An increase in the degree of political disputes and civil unrest is propelling the growth of the non-lethal weapons (NLW) market going forward. Civil unrest refers to more than one person coming together in response to an event with the intent of causing a public disturbance. This includes riots, armed insurrection against the law, border violations, violent protests or disorder (but not peaceful demonstrations), arson, looting, and occupying institutional buildings. Political disputes, violence, and civil unrest have been rising globally, creating demand for protection systems such as non-lethal weapons. For instance, in June 2023, according to ReliefWeb, a US-based gateway to humanitarian information, the number of non-state conflicts rose from 76 in 2021 to 82 in 2022. Similarly, Africa has the greatest number of non-state wars, followed by the Americas. According to the research, the primary causes of this discomfort include increasing lockdowns, COVID-19 restrictions, and increased tensions due to economic turmoil. Therefore, increasing the degree of political disputes and civil unrest has contributed to the growth of the non-lethal weapons (NLW) market.
Competitive Landscape:
Major companies operating in the non-lethal weapons market report are Armament Systems & Procedures Inc., Amtec Less-Lethal Systems Inc., Lamperd Less Lethal Inc., Combined Systems Inc., FN Herstal S.A., ALS Less-Lethal Systems Inc., Axon Enterprise Inc., Condor Non-Lethal Technologies, ISPRA by Ei Ltd., Nonlethal Technologies Inc., Pepperball Raytheon Technologies Corporation, Rheinmentall AG, Safariland LLC, United Tactical Systems LLC, Zarc International Inc., BAE Systems Inc., Bruzer Less Lethal, Byrna Technologies Inc., Defense Technology, Genasys Inc., TASER International, Mace Security International Inc., Mission Less Lethal Technologies, PACEM Solutions International, First Defense Technologies, Raytheon Company, RTX Corporation, RUAG Group, SABRE Red Inc., FOG Global .
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Top Trend - Wrap Technologies Demonstrates Successful Bola Wrap Deployment
Major companies operating in the non-lethal weapons market are focused on developing innovative solutions to strengthen their position in the market. For instance, in May 2021, Wrap Technologies, Inc., a US-based public safety technology and services company, released footage of a successful Bola Wrap deployment. Bola Wrap is a one-of-a-kind handheld de-escalation and arrest device that attaches a Kevlar tether to disobedient suspects and people in distress while keeping them at a safe distance. Modern non-lethal weapons lessen the need for tools that cause an individual harm or induce suffering to induce obedience.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Non-Lethal Weapons Market Characteristics
3. Non-Lethal Weapons Market Trends And Strategies
4. Non-Lethal Weapons Market - Macro Economic Scenario
5. Non-Lethal Weapons Market Size And Growth
…..
27. Non-Lethal Weapons Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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