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North America Civilian Less Lethal and Self Defense Weapons Market is Expected to Reach USD 82.16 million in 2023: Transparency Market Research


News provided by

Transparency Market Research

10 Jun, 2016, 16:30 BST

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ALBANY, New York, June 10, 2016 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Civilian Less Lethal and Self Defense Weapons Market - North America Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," North America civilian less lethal and self defense weapons market was valued at USD 58.10 million in 2014, growing at a CAGR of 4% from 2015 to 2023 to account for USD 82.16 million in 2023.  

Less lethal weapons are devices used to cause temporary damage to an individual or group of people, without causing fatal or permanent injury. Various less lethal devices such as electroshock weapons, mechanical and kinetic weapons, gases and sprays are gaining popularity among the civilian population in North America, especially, the U.S. Proper deployment of less lethal self-defense weapons causes temporary incapacitation of the assailant and helps the victim in quick flight from the point of incident. The physical impact of these weapons lasts temporarily without resulting in any permanent injury or risk of fatality. The North America civilian less lethal and self-defense weapons market is analyzed to emerge as a key domain for civilian self-defense product providers. The market for less lethal and self-defense weapons is expected to grow at a slow yet steady pace over the forecast period. Possession of less lethal weapons by civilians for self-defense is regulated under different national and state laws in the U.S. and Canada.

Get Sample Report Copy or for further inquiries, click here: 

http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12029

With the advent of modern technology and increasing demand for self-defense devices, various companies are adopting the manufacture of less lethal weapons. Following the concerns raised by humanitarian groups on the deployment of lethal force on civilians by armed troops, traditional weapons manufacturers are also diversifying into development of less lethal weaponry. Moreover, the steadily rising demand for self-defense weapons is compelling less lethal weapons manufacturers to cater to the civilian markets in North America.

Considering the rapidly increasing investment in research and development of less lethal and self-defense weapons for civilians in North America, the market is expected to gain lucrative opportunities over the forecast period. In addition, customer preferences for less lethal self-defense weaponry in the region are expected to substantially influence growth of the market. Moreover, the impact of various humanitarian groups and government policies discouraging possession and use of lethal weapons by civilians is fuelling demand for less lethal weapons for self-defense in the region. Moreover, considering the growing crime rate in Canada, the government laws are expected to undergo significant amendments, which in turn is expected to further open up the market for civilian less lethal and self-defense weapons in the country. Due to these factors, the market for civilian less lethal and self-defense weapons in North America is expected to experience optimistic growth over the forecast period, resulting in major changes in market shares of established players and introduction of a new range of weaponry.

Browse The Press Release: http://www.transparencymarketresearch.com/pressrelease/north-america-civilian-less-lethal-self-defense-weapons-market.htm

The civilian less lethal and self defense weapons market has been segmented by types into air powered guns, lighting devices, pepper sprays, knives, batons, stun guns, tasers and animal repellants among others. As the use of less lethal weapons such as stun guns and tasers are strictly prohibited for civilians in Canada and hence they have a lower market share in this region. However, there is a steady demand for animal repellants and knives due to the presence of hunting seasons in this region. In the U.S market, civilians are permitted to possess less lethal weapons in compliance with state laws and national laws for self-defense. The country has numerous distributors, wholesalers, storefront retailers, and web based retailers for various less lethal and self-defense weaponry. Any unauthorized distribution leads to criminal charges against both the seller as well as the customer. Furthermore, there is an increasing demand for pepper sprays as they are more popular with females using it as a medium of self defense. These factors are pushing the growth for pepper sprays in North America.

The key manufacturers of less lethal weapons include, LRAD Corporation, TASER International, Inc., SABRE Security Equipment Corporation, Pepperball Technologies, Inc., AMTEC Less Lethal, Safariland Group, Piexon AG, Kimber Mfg, Inc. Oxley Group, Arma USA, Inc.and Salt Supply Company among others.

North America Civilian Less Lethal and Self Defense Weapons Market, By Type 

  • Air Power Weapons
  • Lighting Devices
  • Pepper Sprays
  • Knives
  • Batons
  • Stun Guns
  • Tasers
  • Animal Repellants
  • Others

North America Civilian Less Lethal and Self Defense Weapons Market, By Country 

  • U.S.
  • Canada

Other Research Reports by Transparency Market Research: 

  • Peer-to-Peer Lending Market:  

http://www.transparencymarketresearch.com/peer-to-peer-lending-market.html

  • Digital Asset Management market:  

http://www.transparencymarketresearch.com/digital-asset-management-market.html

  • Interactive Whiteboard Market: 

http://www.transparencymarketresearch.com/interactive-whiteboard-market.html

About Us:  

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Contact:
Mr. Sudip. S
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Albany, NY 12207
Tel: +1-518-618-1030
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Website: http://www.transparencymarketresearch.com

SOURCE Transparency Market Research

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