Non-Lethal Weapons Market Outlook, Company Share To 2020: Grand View Research, Inc.

Non-Lethal Weapons Market Outlook, Company Share To 2020: Grand View Research, Inc.

According to a new study by Grand View Research, Inc., the global non-lethal weapons market is poised to become a crucial domain for asymmetric warfare and law enforcement over the period 2014 to 2020, owing to increased insurgency and war in urban regions. A considerable rise in instances such as street riots and mass demonstrations has augmented non-lethal weapons’ demand over the last decade.

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Law enforcement officers, political establishments and combatant commanders constitute the primary demand sources for non-lethal weapons. These weapons incapacitate targets instead of killing; their use helps in significantly dampening media outrage and protests by human rights activists against non-combatant casualties. High degree of involvement by governments of numerous countries in procurement of raw materials and R&D is expected to bolster the non-lethal weapons market over the forecast period. Tear gas, water cannons, and malodorants which are used for crowd dispersal are expected to witness high demand. Increasing instances of crime against women has consequently augmented the demand for self-defense weapons such as pepper sprays.

There is a high growth potential for the market in the U.S. and Russia. Europe and North America are expected to lead the spending on non-lethal weapons owing to a zero-tolerance policy against hooliganism. Asia Pacific is expected to witness high demand over the forecast period as a result of increased riots. The degree of competition in the industry is high as several players vie for securing contracts. The industry is highly fragmented at present; however, growing joint ventures and public-private partnerships are expected to increase consolidation.

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Key participants in the non-lethal weapons market include General Dynamics Corporation, BAE Systems PLC, Nonlethal Technologies, Inc., Textron Systems, Moog, Inc., Boeing Company, Taser International, Inc., Fiocchi, and Intelligent Optical Systems, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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