According to a new market report on non-lethal weapons, published by Transparency Market Research, the global non-lethal weapons market is expected to reach US$ 6,591.8 Mn by 2026, expanding at a CAGR of 6.3% from 2018 to 2026. According to the report, the global market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 7.2% through 2026.
Surging demand for less lethal and self-defense weapons by civilians driving the global non-lethal weapons market
Stringent government regulations and measures are being adopted to provide better security measures to civilians worldwide. In addition, globally, non-lethal weapons manufacturers are constantly developing and launching innovative products, compliant with international and regional laws, in order to provide citizens with self-defense alternatives. The use of lethal force against assailants is discouraged by law, which in turn is opening up new opportunities for use of less lethal weapons.