This 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 non-lethal weapons market .It provides a complete market size of the global non-lethal weapons market over the next five years and talks about the market share by different sub-sectors. It provides insight into the regional trends in spending and analyzes the market size by region and also provides data on spending patterns by sub-sector for each region. The non-lethal weapons market is projected to be $5,235.36 million by the end of 2014 and is anticipated to grow at a CAGR of 5.45% to reach $7,198.24 million till 2020.
The study described the market dynamics with detailed regional and country-wise analyses of the non-lethal weapons technologies, products, and the applications in the end-user sectors. The technological advancements in improving the reliability and efficiency of these systems are projected to drive the non-lethal weapons market in the forthcoming years. The U.S. is estimated to account for the largest share in the global non-lethal weapons market in 2014. The U.S., Israel, Russia, Turkey, and Australia are some regions estimated to be contributing to the increasing demand for the non-lethal weapons.
Countries such as Brazil in Latin America and South Africa in Africa are proving to be the emerging markets. The report provides insights into the regional and market trends, and also provides the market share analyses for the main countries. It includes a detailed competitive study of the leading companies with respect to their financials, products and services, and key developments, in order to provide an in-depth competitor analysis.
Primary interviews have been conducted with major industry experts in order to get insights. The analysis of key players includes companies such as Raytheon Company (U.S.), BAE Systems (U.K.), LRAD Corporations (U.S.), Eagle Industries (U.S.), and Taser International (U.S.).