IMARC Group, a leading market research company, has recently released a report titled “Non-Lethal Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global non-lethal weapons market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What Are The Growth Prospects Of The Non-Lethal Weapons Industry?
According to the report, The global non-lethal weapons market size reached US$ 7.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.8 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
What is Non-Lethal Weapons?
Non-lethal weapons (NLWs) are intended to incapacitate individuals and equipment while reducing fatalities, permanent injuries to personnel, and damage to property in the targeted area or environment. Some NLWs deliver electric shocks, disperse rapid-hardening foam to limit access to or disable machinery, and spread slippery material to make roads impassable. They are particularly useful in de-escalating situations, as they can have reversible effects, such as physical and psychological effects on the intended targets. As a result, non-lethal weapons are widely adopted for performing military policing activities, such as dispersal, convoy protection, route control, crowd control, prisoner transport, and security or guard duty across the globe.
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What are the growth prospects and trends in the Non-Lethal Weapons industry?
The market is primarily driven by the growing unrest among individuals across the globe. In addition, the escalating demand for non-lethal weapons (NLWs) due to their benefits, such as being portable, safe, and cost-effective, and providing security personnel with a legal way of self-defense, is contributing to the market growth. Moreover, various government sectors are taking the initiative to invest in and support NLWs to safeguard the military and preserve peace which represents another major growth-inducing factor. Besides this, the integration of batons, pepper spray, and stun guns, owing to their benefits such as portability, compactness, and economical and legal alternative to self-defense in hazardous situations, is accelerating the product adoption rate. Furthermore, key market players are expanding their product offerings by incorporating advanced technologies such as long-range acoustic devices, enhanced underwater loudhailers, laser interdiction systems, acoustic hailing devices, and modular crowd control munitions, which is creating a positive market outlook.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Gases and Sprays
- Grenades
- Bullets
- Taser Guns
- Others
Breakup by Technology:
- Chemical
- Electroshock
- Mechanical and Kinetic
- Acoustic/Light
- Others
Breakup by End User:
- Law Enforcement Agencies
- Military
- Citizens
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Byrna Technologies Inc.
- Combined Systems Inc.
- FN Herstal
- General Dynamics Corporation
- Intelligent Optical Systems Inc.
- Lamperd Less Lethal Inc.
- Mace Security International Inc.
- Moog Inc.
- Nonlethal Technologies Inc.
- Raytheon Technologies Corporation
- Rheinmetall AG
- Textron Inc.
- Zarc International Inc.
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