The Market is expected to grow at a CAGR of 6.74% during the forecast period 2018-2023. There has been a trend of rising protests in the Asia Pacific region in the 21st century with the latest situation in South Korea against the United States Military forces being the latest example. Singapore, which was synonymous with peace and order, has also started seeing protests, demonstrations as the highly educated public has now started questioning and criticizing the government. India and China continue to be the hotbeds of protests and demonstrations. Due to the rising requirement of states to maintain peace and rising homeland security budgets, the Asia Pacific Non Lethal Weapons Market will register the fastest rate of growth in the world.
Growth in Law Enforcement Use
The law enforcement agencies in nations like India, Vietnam, Thailand, Indonesia are woefully underequipped to tackle peaceful protests, resulting in incidents like in India, where the law enforcement agencies used bullets to quell peaceful protestors. The situation is similar in many countries, which are not equipped at all to handle internal situations. Directed Energy weapons, specifically Taser Guns, are in extremely low numbers in the enforcement agencies of this region. This would result in growing popularity for this segment in the region, over the coming 5 years.
Due to rise in crimes especially in India and China, pepper spray will register extremely fast rates of growth within the civilian population. Particularly in India, pepper spray industry will register tremendous rates of growth, as the crimes against women have spiked up in recent times and the awareness amongst the general public has increased.
Korea Defense Industries Limited, Daeji P&I co, Non Lethal Technologies are some of the important players in the Asia Pacific Non Lethal Weapons Market.
Major Players: Combined Systems Inc., Condor Non-Lethal Technologies, Axon (Taser International Inc. ), The Safariland Group, LRAD Corporation, Thales amongst others
Key Developments in the Market:
April, 2018: SDI formalizes to establish a partnership between SDI and KADDB to open a production line in Jordan to supply SDI’s less lethal 40mm munitions in the region
Reasons to Purchase the Report
- Study on the adoption of ammunition in developing regions and its effects on the Asia-Pacific Non-lethal weapons industry
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- Study on the type of Non-lethal Weapon expected to dominate the market during the forecast period
- Study on the region expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 month analyst support, along with the Market Estimate sheet (in Excel).
Customization of the Report
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
1.1 Research Methodology
1.2 Key Findings of the Study
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW AND TRENDS
3.2 Technological Advancements And Developments in R&D
3.3 Econometric Forecast Model
3.4 Porters Five Force Framework
3.4.1 Bargaining Power of the Suppliers
3.4.2 Bargaining Power of the Consumers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Competitive Rivalry within the Industry
4. MARKET DYNAMICS
5. ASIA-PACIFIC NON-LETHAL MARKET, SEGMENTED BY PRODUCT
5.1.1 Rubber Bullets
5.1.2 Plastic Bullets
5.1.3 Bean Bag Rounds
5.2 Direct Contact Weapons
5.2.1 Gases and Sprays
5.2.3 Water Weapons
5.3 Directed Energy Weapons
5.3.1 Crowd Control Weapons
5.3.2 Taser Guns
6. ASIA-PACIDIC NON-LETHAL WEAPONS MARKET, SEGMENTED BY USERS
6.1 Police Forces
6.2 Special Forces
7. ASIA-PACIFIC NON-LETHAL WEAPONS MAREKT, SEGMENTED BY GEOGRAPHY
7.4 South Korea
7.6 Rest of Asia-Pacific
8. COMPETITIVE LANDSCAPE
8.2 Market Share Analysis
8.3 Development of Key Players
9. KEY VENDOR ANALYSIS (OVERVIEW, PRODUCTS & SERVICES, STRATEGIES)
9.1 Combined Systems Inc.
9.2 Condor Non-Lethal Technologies
9.3 Axon (Taser International Inc. )
9.4 The Safariland Group
9.5 LRAD Corporation
9.7 Beijing Anlong Group
9.8 Korea DefenseIndustry Limited
9.9 Non-Lethal Technologies