Published by TMR Research Insights
Posted on October 1, 2021
The North America less lethal and self-defense weapons market is not dominated by individual players. It rather shows a list of top companies that specialize in specific less lethal weapon types, finds Transparency Market Research in a new study. Sig Sauer, Walther, and Crosman are currently the three biggest manufacturers of air-powered less lethal weapons. FOX Labs, MACE Security, SABRE are the leaders in pepper spray manufacture. Force Heavens, Surefire, Streamlight, and Tigerlight are the top contenders for manufacture and sales of flashlights and others lighting devices. The Taser devices segment, on the other hand, contains TASER International, Inc. as the only major player.
According to analysts at TMR, each key segment in the North America less lethal and self-defense weapons market also holds a number of patents – both filed and published – between 2012 and 2015, that are expected to influence the market’s growth rate between 2015 and 2023. The future growth of this market will also rely on the expressed potential of new entrants such as Salt Supply Co. and ARMA USA.
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Women Show a Significant Increase in Purchase of Less Lethal and Self-defense Weapons
Women’s safety has consistently been a major cause of concern for civilians. In a bid to improve their safety, companies in the North America less lethal and self-defense weapons market provide a large array of women-specific self-defense measures in categories such as stun guns, Taser devices, lighting devices, and pepper sprays. Over the recent past, the sales of these products, especially through the female population, has increased significantly, even making it a major driver for the market. Additionally, companies are working to improve the size, weight, and response time of each less lethal weapon aimed at women to improve their effectiveness and consequently, the player sales figures.
As a complementary fact to the high sales of less lethal self-defense weapons by women, the category of pepper sprays is expected to continue its lead over others in the North America less lethal and self-defense weapons market. Pepper sprays were already the most-purchased item in this market in 2014. Owing to the increasing female owners of less lethal weapons and the convenience of carrying and using pepper sprays as an effective deterrent, this segment is expected to retain its dominance till 2023.
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Ramped up R&D Efforts Open Wider Opportunities for North America Less Lethal Weapons Players
Two factors for all players in the North America less lethal and self-defense weapons market for the coming few years is the rate at which competitors are improving existing weapons technology and the growing crime rates, especially in Canada.
One of the more recent entrances in the North America less lethal and self-defense weapons market was in January 2013 by ARMA USA. The release of their product, the ARMA 100 gun, which was approved by the U.S. BATFE division. It is considered as a major improvement to effective less lethal weapons and competitors has since improved investment rates in the company’s research and development. Similar examples can be seen from other players, both new and established.
Looking For Regional Analysis or Competitive Landscape in This Market, Ask For A Customized Report
Thus, driven by increased sales of pepper sprays and an overall growth in individual security among civilians, the North America less lethal and self-defense weapons market is expected to progress at a CAGR of 4.0% from 2015 to 2023. This market was valued at US$58.10 mn in 2014 and is expected to reach US$82.16 mn by the end of 2023. The dominant segment of pepper sprays is expected to reach a market value of US$16.25 mn.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
The North America less lethal and self-defense weapons market is not dominated by individual players. It rather shows a list of top companies that specialize in specific less lethal weapon types, finds Transparency Market Research in a new study. Sig Sauer, Walther, and Crosman are currently the three biggest manufacturers of air-powered less lethal weapons. FOX Labs, MACE Security, SABRE are the leaders in pepper spray manufacture. Force Heavens, Surefire, Streamlight, and Tigerlight are the top contenders for manufacture and sales of flashlights and others lighting devices. The Taser devices segment, on the other hand, contains TASER International, Inc. as the only major player.
According to analysts at TMR, each key segment in the North America less lethal and self-defense weapons market also holds a number of patents – both filed and published – between 2012 and 2015, that are expected to influence the market’s growth rate between 2015 and 2023. The future growth of this market will also rely on the expressed potential of new entrants such as Salt Supply Co. and ARMA USA.
Want to know the obstructions to your company’s growth in future? Request a Brochure
Women Show a Significant Increase in Purchase of Less Lethal and Self-defense Weapons
Women’s safety has consistently been a major cause of concern for civilians. In a bid to improve their safety, companies in the North America less lethal and self-defense weapons market provide a large array of women-specific self-defense measures in categories such as stun guns, Taser devices, lighting devices, and pepper sprays. Over the recent past, the sales of these products, especially through the female population, has increased significantly, even making it a major driver for the market. Additionally, companies are working to improve the size, weight, and response time of each less lethal weapon aimed at women to improve their effectiveness and consequently, the player sales figures.
As a complementary fact to the high sales of less lethal self-defense weapons by women, the category of pepper sprays is expected to continue its lead over others in the North America less lethal and self-defense weapons market. Pepper sprays were already the most-purchased item in this market in 2014. Owing to the increasing female owners of less lethal weapons and the convenience of carrying and using pepper sprays as an effective deterrent, this segment is expected to retain its dominance till 2023.
Purchase Premium Research Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=12029<ype=S
Ramped up R&D Efforts Open Wider Opportunities for North America Less Lethal Weapons Players
Two factors for all players in the North America less lethal and self-defense weapons market for the coming few years is the rate at which competitors are improving existing weapons technology and the growing crime rates, especially in Canada.
One of the more recent entrances in the North America less lethal and self-defense weapons market was in January 2013 by ARMA USA. The release of their product, the ARMA 100 gun, which was approved by the U.S. BATFE division. It is considered as a major improvement to effective less lethal weapons and competitors has since improved investment rates in the company’s research and development. Similar examples can be seen from other players, both new and established.
Looking For Regional Analysis or Competitive Landscape in This Market, Ask For A Customized Report
Thus, driven by increased sales of pepper sprays and an overall growth in individual security among civilians, the North America less lethal and self-defense weapons market is expected to progress at a CAGR of 4.0% from 2015 to 2023. This market was valued at US$58.10 mn in 2014 and is expected to reach US$82.16 mn by the end of 2023. The dominant segment of pepper sprays is expected to reach a market value of US$16.25 mn.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
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