Tuesday 2 August 2016, Amsterdam
Less lethal or non-lethal weapons are generally used in life threatening situations and they are capable of causing temporary non-fatal damage to a living target. These non-lethal weapons generally include light devices, air power weapons, knives, stun guns, pepper sprays, batons, tasers, etc. The demand for less lethal self defense weapons has increased in North America as a result of growing concern about personal safety in the region. Women are the major buyers of self-defense weapons and accordingly most of the non-lethal weapon manufacturers are developing weapons which can meet demands of their women customers.
Non-lethal and self-defense weapons market in North America is highly fragmented and there are many companies operating in the space which specialise in specific non-lethal weapon types. Major players operating in the non-lethal weapons market include TASER International Inc., SABRE Security Equipment Corporation, Safariland Group, AMTEC Less Lethal, LRAD Corporation, Pepperball Technologies, FoxLabs, MACE Security, Surefire, Streamlight, Tigherlight among others.
According to a recent market research report published at ASDReports.com, “Civilian Less Lethal and Self Defense Weapons Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015-2023”, less lethal and self-defense market in North America is anticipated to grow at a CAGR of 4.0% between 2015-2023 and is expected to reach US$82.16 million by 2023. Pepper sprays, which are majorly purchased by women customers, form the major segment of this market, and the market for them is expected to reach US$16.25 million by 2023.
A lot of research and development activities are going on to develop lighter and highly efficient non-lethal weapons. According to the analysts of the publishing research firm, “each key segment in the North American less lethal and self-defense weapons market holds a number of patents – both filed and published – between 2012 and 2015 and these patents are expected to influence the market’s growth rate between 2015 and 2023.” In addition, R&D capabilities of new entrants such as Salt Supply Co. and ARMA USA are also expected to drive the future market growth.
The detailed description and content of the report can be find at: www.asdreports.com using ASDR-280968
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