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Civilian Less Lethal and Self Defense Weapons Market – Opportunities, Challenges, Strategies,

, 8 August 2018 -- Civilian Less Lethal and Self Defense Weapons Market – Opportunities, Challenges, Strategies, Industry Verticals & Forecasts

North America Civilian Less Lethal and Self Defense Weapons Market: Snapshot

Civilians in North America are showing a consistent increase in concern over personal safety, especially for the feminine population. This is the prime driver for the North America civilian less lethal and self-defense weapons market, as use of a deterrent can prove highly valuable in life-threatening situations. Another factor allowing the higher production of less lethal weapons is a result of the humanitarian efforts raised against the use of lethal force in riot control by defense personnel.

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Advancements in technology are allowing less lethal weapons to be lighter, easier to carry, and highly efficient. The higher sales is also allowing new entrants such as ARMA USA to gain traction in the market, while creating major research and development opportunities for established players such as TASER International, Inc. Pepper sprays continue being the most preferred less lethal weapon in this market with a rapidly increasing number of purchases, both in stores and online.

The North America civilian less lethal and self-defense weapons market has accrued from the above factors a progress rate of 4.0% CAGR within the forecast period from 2015 to 2023. This market is expected to be valued at US$82.16 mn by the end of 2023, after being recorded at US$58.10 mn in 2014.

Crime Rate Growth in Canada Pushes Regional Player Focus Towards the Country

The civilian less lethal and self-defense weapons market in Canada is an extremely regulated one due to growing concerns over weapons misuse. At the same time, crime rates are reportedly on the rise in the nation. As a result, the sales of less lethal weapons from direct vendors in Canada is slowly declining, while civilian consumers are increasingly shipping their less lethal weapons from the U.S. This is opening up major growth opportunities for the U.S. vendors. The sales of prominent players within Canada such as Evike.com, Inc. and Continental Sports are increasing as well. Simultaneously, online sales in the country are also showing a strong rate of growth, allowing players such as Airgun Depot and Airsoft Megastore to hold major shares in the market’s revenue.

The U.S. civilian less lethal and self-defense weapons market was and continues to be the leading nation in this market. Civilians in most states are permitted by law to own less lethal weapons. As a result, vendors and manufacturers have a much more open market in this country as opposed to Canada. The U.S. civilian less lethal and self-defense weapons market is also highly competitive with manufacturers and suppliers competing over physical as well as online product sales. This national market is expected to progress at a 4.1% CAGR between 2015 and 2023.

Pepper Sprays Continue Leading North America Civilian Less Lethal and Self-Defense Weapons Market

Civilians are showing an extremely high preference towards pepper sprays. They are less lethal weapons that have a very low potential to do anything more than deter the assailant and can do so with a high level of effectiveness. They are highly preferred by female consumers owing to the ease with which pepper spray cans can be carried and concealed. Additionally, pepper spray products are available in a wide range of options, including gel, foam, stream, cone, and fog. The usage of pepper spray in the above forms allows a much more diverse utility for it by both civilians and for riot control by defense personnel.

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Submitted by K Singha on Wednesday, 8 August 2018 at 10:16 PM
Category: Science & Research
 
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