Riot Control System Market to Grow at 5.3% CAGR Driven by Demand for Non-Lethal Weapons to 2020
ReportsnReports.com adds Global Riot Control System Market 2016-2020 latest research report, the analysts forecast the global riot control system market to grow at a CAGR of 5.3% during the period 2016-2020.
Pune, India – April 28, 2016 /MarketersMedia/ —
Demand for small UAVs in law enforcement is driving the riot control system market growth. UAVs are equipped with a broad range of systems such as airframe, autopilot, navigation system, sensor package, and communications links. There is an increased demand for UAVs globally, owing to its wide range of applications in the civil, commercial, and military market.
Complete report on riot control system market spread across 55 pages, analyzing 5 major companies and providing 30 data exhibits is now available at http://www.reportsnreports.com/reports/524635-global-riot-control-system-market-2016-2020.html.
Increasing defense budgets across emerging nations (such as Middle-East and APAC), has led to an increase in R&D of new systems. As the equipment used by the law enforcement agencies are outdated, the demand for new systems or upgraded ones has increased over the past couple of years. Moreover, as a result of changing environments and emerging technologies, the defense departments across different nations are developing new weapons.
The riot control system market demand for non-lethal weapons is on the rise, especially from police departments. These weapons are essential to control crowds and during the arrest of drug peddlers and burglars. Non-lethal weapons are used to disable people temporarily in situations where lethal force cannot be used. Quite a lot of the equipment can be switched to lethal mode if necessary. These types of weapons are very much in demand in countries like Israel and Iraq to manage armed conflicts. Order a copy of Global Riot Control System Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=524635.
Since there are just a few companies in this industry, companies are entering into mergers to increase their market share and establish a larger geographical presence. Vendors are investing funds in bringing new products like rubber bullets, tear gas and directed energy weapons (these can stop vehicles) to manage rioting crowds. These products are designed to help not just police departments but peacekeeping personnel to keep the peace and manage troublesome situations.
End-user Segmentation and Analysis of the Riot Control System Market – Law enforcement and Special Forces
Law enforcement agencies around the world are the biggest market for riot control systems. This market is expected to generate revenues of over USD 3.5 billion by the end of 2020. Countries such as the US, Iran, Egypt, Russia, China, and Thailand have started procuring riot control equipment and are investing heavily in NWLs. Moreover, special vehicles that are equipped with water cannon and reservoirs have been designed for security personnel, for use in areas of conflict to handle large crowds and demonstration. Demand for such equipment is expected to rise during the next few years.
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The largest region for riot control system market is the Americas, and forecasted growth of this region is a CAGR of just over 4%. In North America, the prominent markets are Canada and the US and the law enforcement agencies in these nations are best equipped with the upgraded weapons. The militarization of the police department and other law enforcement agencies in the Americas has encouraged the use of advanced riot control equipment. The disputed circumstances of shooting unarmed 18-year-old heightened existing protests and civil unrest in Ferguson, Missouri, US in 2014. Rifles, NWLs, and heavy vehicles were used to control the crowd and growing protests during this incident.
The global riot control system market is a highly regulated one, and weapons have to undergo rigorous testing before they get certified for use. All of the vendors work closely with law enforcement departments and federal bodies to manufacture products based on set guidelines. The market has a number of diversified vendors. The competition will intensify with more innovations, product extensions and mergers and acquisitions. Vendors have to compete on the basis of distinction in products and services while offering upgrades to stay relevant.
Key players in the global riot control system market: Combined Systems Inc., Condor Non-Lethal Technologies, DaeKwang Chemical Co. Ltd., Lamperd Less Lethal Inc., and NonLethal Technologies Inc.
Other prominent vendors in the market are: Brügger & Thomet, Raytheon, Safariland, and TASER International.
Further, the riot control system market report states that the challenges associated with the introduction of new technology are the prohibitive cost, technology risk driven by certification requirements, and its shorter product life cycle.
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