Oct 16, 2018   SOURCE: BusinessWire

The North American Market for Non-Lethal Weapons (2018-2023) - ResearchAndMarkets.com

The "North America Non Lethal Weapons Market - Segmented by Product, End Users and Geography Analysis of Growth, Trends Progress and Challenges (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The North American Non-Lethal Weapons Market is expected to register a CAGR of over 5% till 2023.

The most popular and widely used Non Lethal Weapon in US is the tasers. More than 15,000 law enforcement and military agencies are using tasers in the US alone. The taser costs upwards of $1000 per officer. In spite of this high cost, the tasers have a bright future with the law enforcement agencies and it is expected that in future, they will replace the standard issue handguns.

Directed Energy Weapons will lead the growth in the North American Non Lethal Weapons Market. The cost of a taser is 3 times that of a shotgun. This high cost is one major friction factor for the adoption of tasers in the country.

US and Canada are similar markets on the basis of usage of Non Lethal Weapons, but there is a big difference in scale. Due to lower incomes and funding in Mexico, the law enforcement agencies are relatively poorly equipped. The growth of the Non Lethal Weapons will be slow initially in Mexico and pick up post forecast period 2018-2023.

Notable Market Developments

  • New Jersey local municipal council has passed a gun ordinance that would ban sales of guns and ammunitions in and around the vicinity of 'sensitive' areas.
  • Vista, Maker of Ammunition and Recreation Gear, Plans to Sell Off Gun-Making Unit for a better brand image and public acceptibility.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Market Overview and Trends

4. Market Dynamics

5. North-American Non-Lethal Weapons Market, Segmented by Product

6. North American Non-Lethal Weapons Market, Segmented by Users

7. North American Non-Lethal Weapons Market, Segmented by Geography

8. Competitive Landscape

9. Key Vendor Analysis

  • Combined Systems Inc.
  • Condor Non-Lethal Technologies
  • Axon (Taser International Inc.)
  • The Safariland Group
  • LRAD Corporation
  • Thales
  • Beijing Anlong Group
  • Korea Defence Industry Limited

For more information about this report visit https://www.researchandmarkets.com/research/rgl58w/the_north?w=4