South America Non-Lethal Weapons Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Technology (Chemicals, Acoustic, Electromagnetic, and Mechanical and Kinetic), Product (Direct Contact Weapons and Directed Energy Weapons), and Application (Law Enforcement Agencies, Military, and Personalized Applications)

The SAM non-lethal weapons market is expected to grow from US$ 466.11 million in 2021 to US$ 597.15 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028.

Developed and developing nations have experienced a significant rise in military expenditure. For instance, according to the data published by Stockholm International Peace Research Institute (SIPRI), in 2020, military expenditure experienced a rise of 2.6% compared to 2019. This growth is attributed to the military and law enforcement agencies increasing their acquisition of modern equipment and weapons. A few of the major acquisitions of non-lethal weapons observed over the years. The rise in procuring non-lethal weapons across developed and developing nations to increase the adoption of non-lethal weapons by military and regional law enforcement bodies is fueling the growth of the non-lethal weapons market over the years across the region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM non-lethal weapons market. The SAM non-lethal weapons market is expected to grow at a good CAGR during the forecast period. 

SAM Non-Lethal Weapons Market Revenue and Forecast to 2028 (US$ Million)

SAM Non-Lethal Weapons Market Segmentation

The SAM non-lethal weapons market is segmented based technology, product, and application, and country. Based on technology, the market is segmented into chemicals, acoustic, electromagnetic, and mechanical and kinetic. The mechanical and kinetic segment dominated the market in 2020 and electromagnetic segment is expected to be fastest growing during forecast period. Based on product, the market is segmented into direct contact weapons and directed energy weapons. The direct contact weapons segment dominated the market in 2020 and directed energy weapons segment is expected to be fastest growing during forecast period. Based on application, the market is segmented into law enforcement agencies, military, and personalized applications. The law enforcement agencies segment dominated the market in 2020 and military segment is expected to be fastest growing during forecast period. Based on country, the SAM non-lethal weapons market is segmented into Brazil and the Rest of SAM.

Axon Enterprise, IncCombined Systems, Inc.; Condor Non-Lethal Technologies; FN Herstal; ISPRA by EL Ltd.; PepperBall; and Rheinmetall AG are among the leading companies in the SAM non-lethal weapons market. 

1. Axon Enterprise, Inc
2. Combined Systems, Inc.
3. Condor Non-Lethal Technologies
4. FN Herstal
5. ISPRA by EL Ltd.
6. PepperBall
7. Rheinmetall AG

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