Non lethal weapons are designed to be less accurate in
killing the living target than other conventional weapons. These weapons are
designed to minimize the risk without diminishing the effect of using the
weapons. These weapons are often used in combat situations that limit conflict
escalation. Global non lethal weapons market is largely driven by complex
international relations, political unrest, uncertain economic circumstances and
deteriorating security practices in various parts of the world are encouraging
armed force and law enforcement officers to use non-lethal weapons, especially
in the civil and urban security scenarios. This is the biggest driving factor
for the global non lethal weapons market.
Key Takeaways
Also known as less lethal weapons, non-lethal arms are
specially designed to incapacitate a vehicle or individual without completely
demolishing them. It reduces the impact or injury and minimizes the damage to
the person, vehicle as well as the surroundings. These weapons are basically
divided into two categories, based on their capabilities, namely,
counter-material and counter-personal weapons. Apart from that, the non lethal
weapons market has a vast segmentation based on their types, market
stakeholders and geographical demand patterns. Based on geography, the industry
is further sub-segmented into different countries. On the basis of geography,
the industry is segmented into North America, Latin America, Europe, Middle
East, Asia and Africa.
- Types: Disperse, blunt, non lethal electric devices, anti vehicle and direct energy non lethal weapons
- Stakeholders: Ministry of defense, weapon and sub-component manufactures and department of homeland security
Drivers and
Forecasting
Global non lethal weapons industry is estimated to rise at a
steady CAGR of over 5%. These trends will continue from 2013 to 2018. As of
2013, the market is poised at $880.5 million. However, at the expected compound
annual growth rate, the market is anticipated to become worth $1,146.2 million
by the end of 2018. These are positive signs for the non-lethal weapons market
from the futuristic angle. Changing nature of global warfare, especially in the
urban terrains is the biggest driving factor for the industry. Austerity in
most western countries and bigger players vying for contracts will create
better future for the industry. Based on the current trends, Europe is
dominating the global industry, which is followed by North America and Asia. On
the basis of the types, crowd dispersal weapons segment is expected to dominate
the global industry.
Summary: Nonlethal Weapons Market will grow at steady CAGR. Increasing investments and
uncertain circumstances are the biggest driving factors for the industry.