In a recent published report, Kenneth Research has updated the market report for Non-Lethal Weapons (NLW): Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Non-Lethal Weapons (NLW): Market products.
The market research report by Kenneth Research on Non-Lethal Weapons (NLW): Market that has been analysed for the forecast period 2021 2025, includes a detailed segmentation of the market by SEGMENTS. The market research report predicts that the Non-Lethal Weapons (NLW): Market will grow at a significant CAGR during the forecast period, the growth being determined by growing trade on the value-added products and services in the aerospace & defense industry. According to the statistics by the Aerospace Industries Association (AIA), the aerospace and defense industry, in the United States, during the year 2018, generated a revenue worth USD 374 billion in value-added products and services.
Over the next ten years, the Non-Lethal Weapons (NLW) market is forecasted to emerge as a key domain for asymmetric warfare, law enforcement and technology providers. Following lessons learned in Ukraine, Syria, Egypt, Israel, China and Afghanistan, governments worldwide have undoubtedly understood the urgent need for non-lethal weapons. Asymmetric warfare, street riots, insurgency and mass demonstrations over the last decade have revealed the loopholes in the security dogma of the 21st century.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Non-Lethal Weapons (NLW): Industry, Technologies & Global Market 2014-2020
Global Non-Lethal Weapons Market Shares by Region [%] – 2011-2020
There is a growing demand from combatant commanders, law enforcement officers and political establishment for less lethal weapons capabilities. This demand is driven by the need to help them win the hearts and minds of the non-combatant population and prevent world outcry and media attention due to non-combatant casualties. As a result, many governments have entered into non-lethal weapons R&D and procurement dedicated to the full spectrum of public safety, law enforcement, crowd control and asymmetric warfare. In view of these changes in the field, technological advances have facilitated the development of new types of non-lethal weapons.
Non-Lethal Weapons (NLW): Industry, Technologies & Global Market 2014-2020
Maritime Anti-Piracy Non-Lethal Weapons
Source: USN NLW Beanbag Shells
The “Non-Lethal Weapons: Industry, Technologies & Global Market – 2014-2020” report is a comprehensive study of the emerging NLW market. due to accelerated CAGR of 11% from 2014-2020, the NLW market will double by 2020.
With 425 pages, 131 tables and 126 figures, the report analyzes in detail the multibillion-dollar global Non-Lethal Weapons market, industry and technology trends. The report analyzes each and every dollar of the industry’s revenues and provides data and analysis on 89 submarkets including 2011-2013 submarket data and 2014-2020 forecasts and analyses. The report addresses the “money trail” via 5 viewpoints:
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5 geographical regions
17 countries
2 vertical markets
4 application-technologies
Products & ammunition pricing
Non-Lethal Weapons (NLW): Industry, Technologies & Global Market 2014-2020
The NLW Report Market Segmentation
The report analyzes the Non-Lethal Weapons industry and technologies from several perspectives, including:
Market forecast by application: (e.g., blunt impact NLW, disperse NLW, anti-vehicle NLW, non-lethal ammunition, NLW RDT&E)
Market forecast by user sector: military and law enforcement sectors
Markets by Region: North America, Latin America, Europe, Middle East and Africa, Asia-Pacific
National markets in 17 leading countries: U.S., U.K., Germany, France, Saudi Arabia, China, India, Japan, South Korea, Israel, Brazil. Mexico, Spain, Russia, Turkey, Egypt, and the U.A.E
The NLW Industry: 45 leading vendors profiles, products, prices, performance and RDT&E programs
Market analysis (e.g., market drivers & inhibitors, SWOT analysis)
Business environment (e.g., competitive analysis)
More than 40 Current and 13 pipeline NLW technologies
Business opportunities and challenges
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