Market Share of North America Non Lethal Weapons Industry
The market for North American non-lethal weapons is slightly fragmented, with several players providing various types of less-lethal weapons to military and law-enforcement agencies. Some prominent North American non-lethal weapons market players are Lamperd Inc., Pepperball Technologies Inc., Genasys Inc., Axon Enterprise Inc., and Safariland LLC. To increase the market share, the companies are implementing merges and acquisition strategies by acquiring companies that complement their existing product portfolio. For instance, Byrna Technologies Inc. announced that the company completed the acquisition of Mission Less Lethal from Kore (US) Outdoor Inc. in May 2021. Mission Less Lethal is one of the US-based manufacturers of shoulder-fired .68 caliber non-lethal launchers for law enforcement and other security agencies. The companies are also introducing product innovation initiatives to strengthen their market presence. On this note, in May 2022, Verus Research received a small business innovative research (SBIR) contract from the US Department of Defence Joint Intermediate Force Capabilities Office (JIFCO) that provided funds to develop broadband counter-electronics weapon (BCEW). The BCEW is a long-range non-lethal weapon that is expected to be used for stopping vehicles and vessels. Such agreements for developing new less-lethal weapons are expected to help the companies increase their regional footprint.
North America Non Lethal Weapons Market Leaders
Genasys, Inc
Safariland LLC
Axon Enterprise, Inc.
Pepperball Technologies, Inc. (UTS United Tactical Systems, LLC)
Lamperd, Inc.
*Disclaimer: Major Players sorted in no particular order
