The "Non-Lethal Weapons: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Non-Lethal Weapons Market to Reach $15 Billion by 2030
The global market for Non-Lethal Weapons estimated at US$9.4 Billion in the year 2022, is projected to reach a revised size of US$15 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Direct Contact
Weapons, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$8.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Directed Energy Weapons segment is readjusted to a revised 6.9% CAGR for the next 8-year period.
The Non-Lethal Weapons market in the U.S. is estimated at US$2.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.
Key Attributes:
Report Attribute | Details |
No. of Pages | 232 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $9.4 Billion |
Forecasted Market Value (USD) by 2030 | $15 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global
|
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Non-Lethal Weapons - Global Key Competitors Percentage Market Share in 2020 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)
FOCUS ON SELECT PLAYERS (Total 13 Featured)
- AMTEC Less-Lethal Systems, Inc.
- Armament Systems & Procedures Inc. (ASP, Inc.)
- BAE Systems PLC
- Combined Systems, Inc.
- Condor Non-Lethal Technologies
- Herstal SA
- Lamperd Less Lethal Inc.
- LRAD Corporation
- Mission Less Lethal Technologies
- NonLethal Technologies, Inc.
- Raytheon Company
- Taser International, Inc.
- The SAFARILAND Group
For more information about this report visit https://www.researchandmarkets.com/r/sozeaw
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240226354005/en/
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