DALLAS, November 12, 2014 /PRNewswire/ --
ReportsnReports.com adds Non-Lethal Weapons Market (2013-2018) research report that forecasts the industry to grow at 5.42% CAGR and reach $1,146.2 million by 2018, whereas Non-Lethal Weapons (NLW): Industry, Technologies & Global Market-2014-2020 research report forecasts that due to accelerated CAGR of 11% from 2014-2020, the NLW market will double by 2020. And Global Non-lethal Weapons Market 2014-2018 research report projects the industry to grow at 5.22% during 2013-2018.
The Non-Lethal Weapons Market (2013 - 2018) research report presents a complete analysis of the global non-lethal weapons market across the forecast period. It analyzes the factors driving the market, the challenges faced by the industry, and the factors restraining the growth of the market. It also discusses the key industry trends, market trends, and technology trends that are about to influence the global market. The report provides a complete market size of the global market over the next five years and talks about the market share by different sub-sectors. The change in the nature of warfare from conventional to insurgency and war in urban terrain has been a driving factor for the non-lethal weapons sector.
The non-lethal weapons industry is highly competitive with a host of industry participants vying for contracts, and austerity in most western countries is expected to increase competition. High growth sectors in the global market include the U.S. with a CAGR of 5.05%, followed by Russia with a CAGR of 8.5%. Europe is expected to spend around $1,921.9 million, North America is expected to spend around $1,238.8 million, and Asia is anticipated to spend $1,146.1 million on these weapons across the forecast period. Crowd dispersal non-lethal weapons segment is expected to have the highest demand in this market. Budget cuts in most of the western countries are anticipated to have minimal impact on the market. The U.S. is expected to procure these weapons worth around $1,186.5 million across the forecast period. The industry is fragmented and most of the tier-1 players are from U.S. and Europe. Increase in joint development and production and public-private partnerships are anticipated
Companies active in non-lethal weapons market and profiled in this research include BAE Systems PLC, Boeing Company, Brugger & Thomet Ag, Condor Non-Lethal Technologies, Drs Technologies Inc., Fiocchi, General Dynamics Corporation, Intelligent Optical Systems, Inc., Lamperd Less Lethal, Inc., Metal Storm Ltd, Moog, Inc., Nonlethal Technologies, Inc., Qinetiq Group PLC, Raytheon Company, Taser International, Inc. and Textron Systems. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=268232 .
Outcry from social networks and new media forces governments to invest billions in less lethal weapons says The Non-Lethal Weapons (NLW): Industry, Technologies & Global Market - 2014-2020 research report. Over the next ten years, the Non-Lethal Weapons (NLW) market is forecasted to emerge as a key domain for asymmetric warfare, law enforcement and technology providers. Following lessons learned in Ukraine, Syria, Egypt, Israel, China and Afghanistan, governments worldwide have undoubtedly understood the urgent need for non-lethal weapons. Asymmetric warfare, street riots, insurgency and mass demonstrations over the last decade have revealed the loopholes in the security dogma of the 21st century.
With 425 pages, 131 tables and 126 figures, the report analyzes in detail the multibillion-dollar global Non-Lethal Weapons market, industry and technology trends. The report analyzes each and every dollar of the industry's revenues and provides data and analysis on 89 submarkets including 2011-2013 submarket data and 2014-2020 forecasts and analyses. The report addresses the "money trail" via 5 viewpoints: 5 geographical regions; 17 countries (U.S., U.K., Germany, France, Saudi Arabia, China, India, Japan, South Korea, Israel, Brazil. Mexico, Spain, Russia, Turkey, Egypt, and the U.A.E); 2 vertical markets; 4 application-technologies and Products & ammunition pricing.
NLW market companies discussed in this research include Aardvark Tactical, Inc., Able 2 Products Company, Alliant Techsystems, AMTEC, BAE Systems plc, Bazalt, Boeing, Centech, Chemring Defense, Combined Tactical Systems, Inc., Defense Technology Corp., Fiocchi, FN Herstal, Goodrich Corporation, Heckler and Koch, General Dynamics Corporation, ISPRA, JAYCOR, Kratos Defense & Security Solutions, Inc., L-3 Communications, Lamperd Less Lethal Inc., LE Systems, Inc., LRAD Corporation, Mace Security International, Inc., Megaray, Metal Storm Limited, Mikor, MK Ballistic Systems, Mossberg, NonLethal Technologies, Inc., Penn Arms, Inc., PepperBall Technologies, Policske Strojirny, PW Defense, Raytheon, Remington Arms Company, Royal Ordnance, SEA Technology, Security Devices International Inc., SNPE, Taser International, TFM, Universal Propulsion, Verney Carron and ZARC International, Inc. Order a copy of this research report on NLW technologies at http://www.reportsnreports.com/Purchase.aspx?name=215279 .
One of the key factors contributing to the non-lethal weapons market growth is the increase in global defense budget, according to the research report on Global Non-lethal Weapons Market for 2014-2018. The industry has been witnessing an increase in R&D. However, the increase in raw material prices could pose a challenge to the growth of this market. This research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Non-lethal Weapons market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating the NLW market space and discussed in this research include BAE Systems plc, Condor Non-Lethal Technologies, General Dynamics Corp., Non-Lethal Technologies Inc., and The Safariland Group. Other vendors mentioned in the report are Brügger & Thomet AG, Lamperd Less Lethal, Inc., Metal Storm Ltd., Qinetiq Group plc, Raytheon Co., TASER International, Inc., and Textron Defense Systems. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=271272 .
Explore more reports on the public sector market and related segments at http://www.reportsnreports.com/market-research/government/ .
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