Latin America Non-lethal Weapons Market Size (2024 - 2029)

The Latin American non-lethal weapons market is projected to experience growth over the forecast period, driven by an increase in procurement plans from various countries. The market size is expected to expand as manufacturers recover from the setbacks caused by the COVID-19 pandemic, which had previously led to a decline in production and revenue due to supply chain disruptions and reduced workforce. The rise in civilian unrest and protests in the region has prompted governments to equip military and police forces with non-lethal weapons, further contributing to market growth. Additionally, technological advancements in non-lethal weapons are anticipated to offer further opportunities for expansion in the market.

Market Size of Latin America Non-lethal Weapons Industry

Latin America Non-lethal Weapons Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR 3.00 %

Major Players

Latin America Non-lethal Weapons Market Major Players

*Disclaimer: Major Players sorted in no particular order

South America-Non Lethal Weapons Market Analysis

The Latin American non-lethal weapons market is anticipated to register a CAGR of over 3% during the forecast period.

  • 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 Industry Segmentation

A non-lethal weapon is defined as a weapon that can cause pain or irritation in humans when it comes in contact with either skin or any of the senses without causing any permanent damage.

The market is segmented by type, use, and country. By type, the market is segmented into Area Denial, Ammunition, Explosives, Gases and Sprays, Directed Energy Weapons, and Electroshock Weapons. By use, the market is segmented into Law Enforcement and Military. By country, the market covers Brazil, Mexico, Argentina, Chile, and the rest of Latin America. The report offers market size and forecast in terms of value in USD Billion for all the above segments.

Type
Area Denial
Ammunition
Explosives
Gases and Sprays
Directed Energy Weapons
Electroshock Weapons
Use
Law Enforcement
Military
Geography
Brazil
Mexico
Argentina
Chile
Rest of Latin America
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Latin America Non-lethal Weapons Market Size Summary

The Latin American non-lethal weapons market is poised for growth, driven by increasing demand from law enforcement agencies and advancements in technology. The market experienced a downturn during the COVID-19 pandemic due to reduced procurement and production challenges, but has since rebounded with renewed procurement plans. The rise in civilian unrest and protests across the region has prompted governments to equip military and police forces with non-lethal weapons, which are seen as a safer alternative to firearms in crowd control situations. This trend is particularly evident in countries like Brazil, where urban violence and prison riots have underscored the need for effective non-lethal solutions.

The law enforcement segment dominates the market, fueled by the necessity for crowd control in politically unstable countries such as Brazil, Venezuela, and Mexico. Non-lethal weapons like tear gas, rubber bullets, and tasers are increasingly prioritized in police operations to minimize harm during riots and protests. Brazil, in particular, holds a significant share of the market due to its ongoing challenges with civilian unrest and urban violence. The presence of global players like Condor Non-Lethal Technologies and Axon (Taser International Inc.) offers competitive advantages, as these companies leverage their brand value to capture market share. The market is expected to continue growing, supported by technological innovations that enhance the effectiveness and safety of non-lethal weapons.

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Latin America Non-lethal Weapons Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Area Denial

      2. 2.1.2 Ammunition

      3. 2.1.3 Explosives

      4. 2.1.4 Gases and Sprays

      5. 2.1.5 Directed Energy Weapons

      6. 2.1.6 Electroshock Weapons

    2. 2.2 Use

      1. 2.2.1 Law Enforcement

      2. 2.2.2 Military

    3. 2.3 Geography

      1. 2.3.1 Brazil

      2. 2.3.2 Mexico

      3. 2.3.3 Argentina

      4. 2.3.4 Chile

      5. 2.3.5 Rest of Latin America

Latin America Non-lethal Weapons Market Size FAQs

The Latin America Non-lethal Weapons Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)

Lamperd Less Lethal Inc., Axon (Taser International Inc.), Genasys, Inc., Rheinmetall AG and Condor Non-Lethal Technologies are the major companies operating in the Latin America Non-lethal Weapons Market.

Latin America Non-lethal Weapons Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)