Global Non-Lethal Weapons Market Size and Forecast Up to 2020 by Grand View Research.
San Francisco, CA, January 07, 2015 --(PR.com)-- Shift from traditional warfare methods to insurgency is expected to favorably impact market growth.
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.
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.
View Non-Lethal Weapons Market Report with TOC @ http://www.grandviewresearch.com/industry-analysis/non-lethal-weapons-market
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.
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.
Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/
Grand View Research, Inc
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San Francisco, CA 94105
Read the full story here: http://www.pr.com/press-release/599572
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|Publication:||PR.com (Press Releases)|
|Date:||Jan 7, 2015|
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