Non-Lethal Weapons Market Report 2020-2025


Posted March 17, 2021 by sandycool

The non-lethal Weapons Market had a valuation of $3.84 billion in 2020. With the growing popularity of non-lethal weapons among various organizations
 
Non-lethal Weapons Market had a valuation of $3.84 billion in 2020. With the growing popularity of non-lethal weapons among various organizations, the market is projected to witness a compound annual growth rate (CAGR) of 6.3% over the forecast period. The market is likely to be valued at $6.59 billion in 2025.

Non-Lethal weapons are designed primarily for the incapacitation of human beings in order to avoid fatalities. Non-lethal weapons are used instead of lethal weapons as an alternative to minimize deaths during riot control, combat situations, civil unrest, self-defense, and others. The key end-users of non-lethal weapons are the military, law enforcement and civilians. The primary drivers of the market are increased spending for military organizations, the growing rate of violence, and large investments in the Research & Development of non-lethal weapons. However, the market is restricted by human rights activists’ opposition, strict rules & regulations for weapons possession and usage by civilians, and increasing incidents of adverse effects with the usage of non-lethal weapons.

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Impact of Covid-19 Market

Covid-19 has completely shattered the world economy. It is expected that due to the declining economy, the unemployment rate, and criminal activities may rise causing the government to resort to non-lethal weapons for controlling the crowd. The U.S. is facing large scale protests and the protest has its effect around the world. Due to these riot situations, law enforcement needs to be equipped with riot gear to control the crowd. Therefore, the non-lethal weapons market may not be damaged as compared to other businesses.

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Non-Lethal Weapons Market – Recent Developments

The following technologies have been developed or are under development by the US Department of Defense and several private companies:

Laser-Induced Plasma Effect
Carbon Nanotube Thermophone
Pre-Emplaced Electric Vehicle Stopper
Variable Kinetic System
Maritime Vessel Stopping Occlusion Technology
As the major companies are involved in mergers and acquisitions,

In 2017, AMTEC Less-Lethal Systems (ALC) and Thomas Lowe Defense (TLD) had an acquisition which led to the expansion of their product portfolios.

Non-Lethal Weapons Market – Market Segmentation

Product:

Directed Energy Weapons
Ammunition
Conducted Energy Weapons
Gases and Sprays
Waters Weapons
Technology:

Mechanical and Kinetic Non-Lethal Weapons
Chemical Non-Lethal Weapons
Acoustic Non-Lethal Weapons
Electromagnetic Non-Lethal Weapons
Others
End-Users:

Military
Law Enforcement
Civilians
Non-Lethal Weapons Market – Geographical and Regional Presence

Global non-lethal weapons market can be divided into five key major regions: North America, Latin America, Europe, Middle East & Africa, and the Asia Pacific.

In the Asia Pacific and North American region, the U.S. and Russia are regions of high growth in the non-lethal weapons market. Based on spending, Europe is most likely to lead. North America and the Asia Pacific will follow Europe in terms of spending on the non-lethal weapons market.

The demand for the Middle East & Africa and the Asia Pacific amid rising adverse geopolitical situations is high leading to the high demand for non-lethal weapons in these regions. Civil unrest and riots are common causing the government organizations to resort to non-lethal weapons in order to avoid casualties.

Non-Lethal Weapons Market – Competition in the marketplace

High fragmentation of the non-lethal weapons market can be owed to the presence of several regional as well as global players. Companies have improved their market presence and customer reach through mergers and acquisitions in recent years. These collaborations allow the expansion of the product portfolio of the company. Since the government deals are based on contracts, the market is fiercely competitive with the presence of several players. In western countries, industry competition is expected to be buoyed by austerity. Most of the competition leaders are based in the U.S. and Europe.

Non-Lethal Weapons Market – Key Players

The Safari Land Group
Lamperd Less Lethal Inc.
Textron Systems
Nonlethal Technologies
BAE Systems PLC.
TASER International
The Boeing Company
PepperBall Technologies Inc.
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Last Updated March 17, 2021