European non-lethal weapons market is growing at a CAGR of 5.3%.
(PRWEB) July 05, 2014
The prevailing uncertain economic circumstances, the complex political situation, and the deteriorating security condition across the globe have given rise to popular unrest and protests. Armed forces are increasingly called upon to do more of security, and nation building missions and law enforcement officers are forced to deal with new kinds of threats. Given such circumstances, it is imperative that they are well-equipped to handle the various future security scenarios.
Armed forces increasingly operate in urban terrain where they fight enemies who are diffused among civilian population, and law enforcement officers often have to deal with uncontrollable mobs and transnational threats. These changes in the security situation have emphasized the need for non-lethal weapons which would act as an option between shout and shoot, that is, between verbal warning or psychological operation and using lethal force.
The European non-lethal weapon market was recorded at $287.2 million in 2013, and is expected to reach $372.4 million by 2018. The market has been classified into five main sub-sectors, namely, blunt impact, disperse, directed energy, anti-vehicle, and non-lethal electrical devices. The lack of clarity in requirements from end-users can be a major restraint, thereby restricting the growth of this market in Europe. The major drivers for this market include the usage of non-lethal weapons to reduce collateral damage and rising economic crisis and civil unrest.
Browse through the market data tables, figures and detailed ToC on the “European Non-Lethal Weapon Market” at: http://www.micromarketmonitor.com/market/europe-non-lethal-weapons-4400938067.html.
Asia-Pacific Non-Lethal Weapon Market
The Asia-Pacific non-lethal weapon market was recorded at $169.2 million in 2013, and is expected to reach at $224.1 million by 2018. The market has been classified into five main sub-sectors, namely, blunt impact, disperses, directed energy, anti-vehicle, and non-lethal electrical devices. The lack of clarity in requirements from end-users side can be a major restraint, restricting the growth of this particular market in the APAC region. The major drivers for this market are preventing escalation in high risk situations, political dissents, and separatists’ movements.
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