European Non-Lethal Weapon Market is Expected to Reach $372.4 million by 2018 - New Report by MicroMarket Monitor
(PRWEB) July 19, 2014 -- The Europe non-lethal weapon market report defines and segments the non-lethal weapon market in Europe with analysis and forecast of revenue. The non-lethal weapon market in Europe is estimated to grow from $287.2 million in 2013 to $372.4 million by 2018, at a CAGR of 5.33%n from 2013 to 2018.
Browse through the TOC of the Europe non-lethal weapon market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Europe non-lethal weapon market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/europe-non-lethal-weapons-4400938067.html
The prevailing uncertain economic circumstances, complex political situation, and the deteriorating security condition across the globe have given rise to unrest and protests. Armed forces are increasingly called upon to do for security reasons. Nation building missions and law enforcement officers are forced to deal with new kinds of threats, and 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. Law enforcement officers often have to deal with uncontrollable mob and transnational threats. These changes in the security situation have emphasized the need for non-lethal weapons, which would act as an option between verbal warning or psychological operation and using lethal force.
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Lack of clarity in requirements from end-users can be a major restraint, which can restrict the growth of this particular market in Europe. The major drivers for same market in Europe are the usage of non-lethal weapon to reduce collateral damage and rising civil unrest.
This market is segmented and forecasted on the basis of sub-sectors, namely blunt impact, disperse, directed energy, anti-vehicle, and non-lethal electrical devices. The market is further segmented country wise, including UK, Italy, France, Germany, Sweden, Spain, Poland, Russia, and Turkey.
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This report also includes the market share, supply chain, and value chain analyses, besides market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market.
Related Reports:
Asia Non-Lethal Weapons Market
The non-lethal weapons market in Asia had been valued at $169.2 million in the year 2013, and is expected to grow at a CAGR of 5.8%. It is projected to reach $224.1 million by the end of the year 2018. This report presents a complete analysis of the non-lethal weapons market in the APAC region during the forecast period, from 2013 to 2018.
This report analyses the factors driving the market, the challenges faced by the industry, and the factors restraining the growth of the market. It also discusses the key industry trends, market trends, and technology trends that will influence this market in the APAC region. It provides a complete market analysis of the APAC market over the next 5 years, and describes the market share by different sub-sectors.
http://www.micromarketmonitor.com/market/asia-non-lethal-weapons-7101216990.html
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