The Non-Lethal Weapons Global Market Report 2023, provides comprehensive information on the non-lethal weapons market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global non-lethal weapons market size is expected to grow from $7.06 billion in 2022 to $7.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global non-lethal weapons market size is expected to grow to $9.93 billion in 2027 at a CAGR of 7.0%.
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Major companies operating in the non-lethal weapons market are focused on developing innovative solutions to strengthen their position in the market. For instance, in May 2021, Wrap Technologies, Inc., a US-based public safety technology and services company, released footage of a successful Bola Wrap deployment. Bola Wrap is a one-of-a-kind handheld de-escalation and arrest device that attaches a Kevlar tether to disobedient suspects and people in distress while keeping them at a safe distance. Modern non-lethal weapons lessen the need for tools that cause an individual harm or induce suffering to induce obedience.
The non-lethal weapons market is segmented:
1) By Product Type: Gases and Sprays, Grenades, Bullets, Taser Guns, Other Products
2) By Technology: Chemical, Electroshock , Mechanical and Kinetic, Acoustic and Light, Other Technology
3) By End-Users: Law Enforcement Agencies, Military, Citizens
North America was the largest region in the non-lethal weapons market in 2022.
The table of contents in TBRC’s non-lethal weapons market report includes:
1. Executive Summary
2. Non-Lethal Weapons Market Characteristics
3. Non-Lethal Weapons Market Trends And Strategies
4. Non-Lethal Weapons Market – Macro Economic Scenario
5. Non-Lethal Weapons Market Size And Growth
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26. Africa Non-Lethal Weapons Market
27. Non-Lethal Weapons Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Non-Lethal Weapons Market
29. Non-Lethal Weapons Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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