Please Wait.....
Report
Latin America Non-Lethal Weapons Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 80 Pages I Mordor Intelligence
The Latin American non-lethal weapons market is anticipated to register a CAGR of over 3% during the forecast period.
Key Highlights
The COVID-19 pandemic had a negative impact on the market since there was a decrease in demand for the procurement of new non-lethal weapons by various countries worldwide due to a fall in the production of non-lethal weapons by various manufacturers. Additionally, this led to a decline in the revenues for various manufacturers across the globe, owing to late deliveries of the final product, manufacturing shutdowns, reduction of staff at the production facilities as well as limited availability of components that are essential for the manufacturing of the final product. The post-pandemic scenario has created new opportunities for non-lethal weapons manufacturers. Significant increase in procurement plans by various countries worldwide has given a boost to the production of non-lethal weapons, which is anticipated to lead to growth in the market in the coming years.
The rise in civilian unrest and protests in the Latin American region has resulted in the governments taking precautions and arming the military and the police forces with non-lethal weapons to tackle such situations.
Technological advancements, in terms of non-lethal weapons, are expected to provide growth opportunities for the players in the region in the years to come.
South America-Non Lethal Weapons Market Trends
Law Enforcement Segment Held the Largest Share
The law enforcement segment held the largest market share and is expected to maintain its dominance during the forecast period. The last three years saw numerous riots in countries like Brazil, Venezuela, Mexico, Chile, Peru, and Argentina. The local economic crisis and political instability in the countries were the major reasons for the riots. In such situations, non-lethal weapons play an important role in riot control, as they can be used as a less dangerous alternative to firearms in order to reduce the risk of harm to the public or in situations where some degree of force is necessary but where the use of firearms would be disproportionate. Law enforcement agencies include special, local, state police, federal agencies, or drug enforcement administration that use non-lethal or less-lethal weapons to avoid injury to officers in close-contact situations. The use of non-lethal weapons by police forces is increasing in Latin American countries. Thus, the growing requirement for crowd control weapons is propelling the growth of the law enforcement segment of the market studied.
Brazil is Expected to Dominate the Market During the Forecast Period
In 2021, Brazil occupied the largest share of the Latin American non-lethal weapons market. This demand can be attributed to the growing civilian unrest and riots in the country. There has been a surge in prison riots in Brazil in recent years, claiming the lives of hundreds of people. A major reason behind the increasing prison riots is the lack of resources for the country's overcrowded and underfunded prison system. The government is focusing on mitigating the threats pertaining to such situations in the future, which is expected to help the growth of non-lethal weapons in the country. In addition, urban violence and civilian protests are on the rise. Non-lethal weapons, like tear gas, rubber bullets and batons, pepper spray, and tasers, are prioritized in police operations across Brazil. Non-lethal technology companies have witnessed a revenue increase of almost 30% in Brazil, and the overall government policy toward the use of less harmful devices is anticipated to prompt more sales in the country. In addition, certain units of the Brazilian military are gradually increasing the stock of non-lethal weapons, such as electro-shock taser guns. All these factors are expected to help the growth of the market in Brazil in the years to come.
South America-Non Lethal Weapons Market Competitor Analysis
Some of the prominent players in the market are Condor Non-Lethal Technologies, Lamperd Less Lethal Inc., Rheinmetall AG, Axon (Taser International Inc.), and Genasys Inc. The global players, due to their brand value, may have easy penetration into the market and capture significant share, as there are limited players in the market. The growing demand for non-lethal weapons is providing huge growth opportunities for players in Latin America. Technological innovations, in terms of reduced collateral damage, while increasing the effectiveness of the products in terms of crowd control, may help the players in the market during the forecast period.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Area Denial
5.1.2 Ammunition
5.1.3 Explosives
5.1.4 Gases and Sprays
5.1.5 Directed Energy Weapons
5.1.6 Electroshock Weapons
5.2 Use
5.2.1 Law Enforcement
5.2.2 Military
5.3 Geography
5.3.1 Brazil
5.3.2 Mexico
5.3.3 Argentina
5.3.4 Chile
5.3.5 Rest of Latin America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Safariland LLC
6.1.2 Axon (Taser International Inc.)
6.1.3 Combined Systems Inc.
6.1.4 Condor Non-Lethal Technologies
6.1.5 Rheinmetall AG
6.1.6 Lamperd Less Lethal Inc.
6.1.7 Zarc International
6.1.8 Genasys Inc.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security