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Non-Lethal Weapons - Global Market Outlook (2017-2023)

Aug 17, 2017 - PR Newswire

According to Stratistics MRC, the Global Non-Lethal Weapons Market is accounted for $6.32 billion in 2016 and expected to grow at a CAGR of 9.4% to reach $11.85 billion by 2023. Factors such as increasing research and development, increasing defense expenditures of emerging economies, rise in the rate of violent crimes, demand for small arms and light weapons are driving the market growth. However, Stringent Environmental and Governmental Regulations, Declining Defense Budgets and opposition fro...