Latest news with #RheinmetallAG
Yahoo
a day ago
- Business
- Yahoo
Military & Simulation Training Market Global Outlook & Forecast 2025-2030, with Company Profiles for BAE Systems, CAE, Lockheed Martin, Rheinmetall, Saab and Thales
Key contracts include Raytheon's $191.1 million deal with the Missile Defense Agency and BAE Systems' $251 million contract with the U.S. Navy. Technological advancements in AR, VR, and AI are transforming training, reducing risks and costs. Increasing defense budgets and geopolitical tensions further drive demand in the sector. Military & Simulation Training Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Military & Simulation Training Market - Global Outlook & Forecast 2025-2030" report has been added to Military & Simulation Training Market was valued at USD 13.39 Billion in 2024, and is projected to reach USD 21.08 Billion by 2030, rising at a CAGR of 7.86%. The global military simulation and training market is highly competitive, with several global players offering advanced virtual training solutions for defense forces. Key companies in the defense simulation and training market include Rheinmetall AG, CAE Inc., THALES, Lockheed Martin Corporation, Saab AB, and BAE Systems. These companies focus on technological advancements in simulation-based training, including artificial intelligence, virtual reality (VR), augmented reality (AR), and live, virtual, and constructive (LVC) training collaborations and partnerships play a crucial role in expanding market presence and enhancing service offerings. For instance, in January 2025, Rheinmetall AG and Bohemia Interactive Simulations (BISim) announced a strategic partnership to enhance defense simulation technologies. Furthermore, companies in the military simulation and training market are increasingly investing in research and development to improve the realism, effectiveness, and interoperability of their training solutions. The demand for high-fidelity simulators, AI-driven training programs, and cybersecurity simulation platforms is driving innovation in the leaders are adopting acquisition and joint venture strategies to strengthen their position in emerging markets. The growing emphasis on cost-effective and scalable training solutions, along with rising defense budgets and modernization programs, is intensifying competition. As military forces worldwide prioritize operational readiness and mission effectiveness, the military simulation and training market is expected to witness continued advancements in synthetic training environments and networked simulation systems. Recent Contracts in the Global Military Simulation and Training Market In December 2024, Raytheon secured a $191.1 million contract from the Missile Defense Agency to provide modeling and simulation services for U.S. Army and Navy missile defense systems, enhancing training and operational preparedness. The contract runs through October 2027, with work conducted in Huntsville, Alabama; Colorado Springs, Colorado; and Woburn, Massachusetts. In November 2024, Combat Robotics India, supported by DRDO, developed the "Astra" simulator for unmanned vehicles. This advanced simulator captures extensive operational data, enabling researchers to refine the design and functionality of unmanned vehicles to meet the evolving needs of the armed forces. In July 2024, Lockheed Martin was awarded a USD 4.6 million contract by DARPA to develop AI tools for dynamic, airborne missions. The project, part of DARPA's Artificial Intelligence Reinforcements (AIR) program, focuses on advanced modeling and simulation (M&S) approaches to support multi-ship, beyond visual range (BVR) missions, enhancing real-time decision-making in combat scenarios. In February 2025, BAE Systems secures a USD 251 million contract to support the U.S. Navy's AEGIS Combat System. Under this contract, BAE Systems will provide high-quality services in systems engineering, test and evaluation, logistics, system acquisitions, and cybersecurity. GLOBAL DEFENSE SIMULATION AND TRAINING MARKET TRENDS & OPPORTUNITIES Technological Advancements (In AR, VR & AI)Technological innovations in Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI) are revolutionizing the global military simulation and training market. These technologies are improving operational readiness, situational awareness, and combat readiness while decreasing training expenses and risks. The combination of these technologies has become vital to contemporary defense strategies, especially with militaries confronting ever-more complex and unpredictable combat instance, the adoption of these technologies is evident in the military forces of countries such as India and the UK. In the Indian military, the use of technology in the Indian Army's training process has transformed the conventional approach that has been followed for decades. Among the key changes is the application of VR and AR. These two technologies enable soldiers to be exposed to varied combat situations and landscapes, hence being better equipped for actual combat. For example, virtual simulations assist in parachute training, where soldiers go through the different phases of airborne operations in a simulated manner. Such training is risk-free and economical. Similarly, in the UK military, VR is utilized to enhance the effectiveness of training while minimizing the risks and costs associated with traditional military must also address the potential security risks and ethical concerns associated with AI applications. In 2023, a recent policy update from the Pentagon technology highlights the Department of Defense's commitment to ensuring that AI advancements benefit military objectives while maintaining ethical standards. The continued evolution of AI-driven military training and operational strategies is essential to ensuring that military forces remain effective and adaptable in a rapidly changing technological Defense BudgetsThere is growing instability driven by escalating geopolitical tensions, and countries worldwide are enhancing their military capabilities. For instance, according to SIPRI in 2024 World military expenditure rose for the ninth consecutive year to an all-time high of USD 2.44 trillion in 2023, an increase of 6.8% in real terms from 2022. The increasing defense budgets globally are directly tied to the growing emphasis on advanced military technologies and enhanced training methodologies, particularly in the realm of military and simulation training. As defense expenditures rise, nations are investing heavily in simulators, that replicate real-world combat environments and support the military simulation and training market prolonged war in Ukraine, as well as rising geopolitical tensions in Asia, Oceania, and the Middle East, are propelling global military spending, with countries allocating more of their budgets to defense and security. Furthermore, The USA and China are the top two biggest military spenders in the world in 2024, with the U.S. spending about USD 916 billion, while the Chinese estimated USD 296 billion, both accounting for around half of the global military spending in 2023-24. All these factors collectively are projected to support market RESTRAINTS Challenge of Skill RetentionIn the military world, retaining skills and keeping individuals engaged is essential for success. Just as companies implement strategies to retain skilled employees and reduce turnover, the military must create an environment that supports personnel in maintaining proficiency in their technical roles. This requires continuous training programs, opportunities for upskilling, and a culture that values ongoing education to ensure personnel remain capable and mission-ready. Balancing operational duties with structured training can help reduce skill degradation and maintain a motivated retention poses a particular challenge in the military simulation and training market, especially for roles that require lifesaving and technical expertise. Military personnel often face frequent rotations through assignments that may not align with their primary specializations. While these rotations promote adaptability, they also create gaps in critical skills. When these skills are not regularly practiced or reinforced, they tend to degrade over time, which can directly impact mission readiness and overall operational effectiveness. For instance, technical specialists, such as non-commissioned officers (NCOs) in fields like communications, maintenance, or medical services, are especially vulnerable to skill degradation when assigned to non-technical or administrative roles. GLOBAL MILITARY SIMULATION AND TRAINING MARKET GEOGRAPHICAL ANALYSISNorth America dominated the global military simulation and training market in 2024, accounting for more than 34% of total revenue, driven by significant defense spending, strong adoption of simulation-based training, and advancements in virtual and augmented reality (VR/AR) technologies. The US defense training & simulation market leads the North America region, with continuous investments in modernizing military training infrastructure and integrating AI in simulation systems. For instance, according to the Cascadia Aerospace and Defense Industry Report in 2024, the U.S. DoD has earmarked approximately USD 1.8 billion for artificial intelligence projects, reflecting a substantial 63.6% increase compared to the fiscal year 2023 allocation. The presence of major defense contractors and simulation technology providers further supports defense simulation and training market growth. Furthermore, Europe followed North America and holds a significant share of the military simulation and training market, supported by rising defense expenditures and strategic investments in military training programs. Countries such as the United Kingdom, Germany, Italy, and France are key players, focusing on enhancing operational readiness through advanced training solutions. The European market is also driven by joint military exercises, NATO-led training programs, and the adoption of synthetic training environments to reduce costs and improve training is witnessing rapid growth in the military simulation and training market due to increasing defense budgets in China, India, Japan, South Korea, and other regions. Governments in the region are prioritizing next-generation simulation technologies to improve combat readiness and reduce training costs. For instance, according to NT News in February 2025, the Open Plan Weapons Training Simulation System at Robertson Barracks in Darwin, Australia, exemplifies the region's investment in next-generation military simulation technologies. This facility, valued at USD 17 million, enhances combat readiness by providing realistic training environments while reducing training costs through simulation-based exercises. The growing adoption of unmanned systems and cybersecurity training further contributes to military simulation and training market East & Africa and Latin America are experiencing steady growth in the military simulation and training market, driven by military modernization programs and regional security challenges. In Latin America, countries like Brazil and Mexico are investing in simulation-based training to enhance defense preparedness. Meanwhile, in the MEA, Saudi Arabia and the UAE are leading investments in high-tech simulation systems, particularly in aerial and combat training, to strengthen their defense capabilities. The demand for cost-effective and scalable training solutions remains a key factor in these regions' market growth. DEFENSE MILITARY SIMULATION AND TRAINING MARKET SHARE & VENDOR LANDSCAPEKey Company Profiles BAE Systems CAE Inc. Lockheed Martin Corporation Rheinmetall AG Saab AB Thales Other Prominent Vendors Airbus Atos SE Barco Boeing Bohemia Interactive Simulations Collins Aerospace Cubic Corporation Elbit Systems Ltd. Exail Fidelity Technologies Corporation FlightSafety International General Dynamics Corporation Groupe Gorge HAVELSAN Inc. InVeris Training Solutions KONGSBERG Kratos Defense & Security Solutions, Inc. L3Harris Technologies, Inc. Leonardo S.p.A. MVRsimulation Inc Northrop Grumman PARKER HANNIFIN CORP Simthetiq ST Engineering Textron Inc. VSTEP B.V. Key Attributes: Report Attribute Details No. of Pages 293 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $13.39 Billion Forecasted Market Value (USD) by 2030 $21.08 Billion Compound Annual Growth Rate 7.8% Regions Covered Global SEGMENTATION INSIGHTSSegmentation by Application Combat Training MRO Leadership Others Segmentation by Platform Aerial Navel Land Segmentation by Region Military Simulation and Training Market in APAC China India South Korea Indonesia Taiwan Japan Australia North America The U.S. Canada Europe France Germany Italy The U.K. Poland Spain Netherlands Middle East & Africa Egypt Turkey Saudi Arabia UAE Latin America Brazil Colombia Argentina For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Military & Simulation Training Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
a day ago
- Business
- Yahoo
Military & Simulation Training Market Global Outlook & Forecast 2025-2030, with Company Profiles for BAE Systems, CAE, Lockheed Martin, Rheinmetall, Saab and Thales
Key contracts include Raytheon's $191.1 million deal with the Missile Defense Agency and BAE Systems' $251 million contract with the U.S. Navy. Technological advancements in AR, VR, and AI are transforming training, reducing risks and costs. Increasing defense budgets and geopolitical tensions further drive demand in the sector. Military & Simulation Training Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Military & Simulation Training Market - Global Outlook & Forecast 2025-2030" report has been added to Military & Simulation Training Market was valued at USD 13.39 Billion in 2024, and is projected to reach USD 21.08 Billion by 2030, rising at a CAGR of 7.86%. The global military simulation and training market is highly competitive, with several global players offering advanced virtual training solutions for defense forces. Key companies in the defense simulation and training market include Rheinmetall AG, CAE Inc., THALES, Lockheed Martin Corporation, Saab AB, and BAE Systems. These companies focus on technological advancements in simulation-based training, including artificial intelligence, virtual reality (VR), augmented reality (AR), and live, virtual, and constructive (LVC) training collaborations and partnerships play a crucial role in expanding market presence and enhancing service offerings. For instance, in January 2025, Rheinmetall AG and Bohemia Interactive Simulations (BISim) announced a strategic partnership to enhance defense simulation technologies. Furthermore, companies in the military simulation and training market are increasingly investing in research and development to improve the realism, effectiveness, and interoperability of their training solutions. The demand for high-fidelity simulators, AI-driven training programs, and cybersecurity simulation platforms is driving innovation in the leaders are adopting acquisition and joint venture strategies to strengthen their position in emerging markets. The growing emphasis on cost-effective and scalable training solutions, along with rising defense budgets and modernization programs, is intensifying competition. As military forces worldwide prioritize operational readiness and mission effectiveness, the military simulation and training market is expected to witness continued advancements in synthetic training environments and networked simulation systems. Recent Contracts in the Global Military Simulation and Training Market In December 2024, Raytheon secured a $191.1 million contract from the Missile Defense Agency to provide modeling and simulation services for U.S. Army and Navy missile defense systems, enhancing training and operational preparedness. The contract runs through October 2027, with work conducted in Huntsville, Alabama; Colorado Springs, Colorado; and Woburn, Massachusetts. In November 2024, Combat Robotics India, supported by DRDO, developed the "Astra" simulator for unmanned vehicles. This advanced simulator captures extensive operational data, enabling researchers to refine the design and functionality of unmanned vehicles to meet the evolving needs of the armed forces. In July 2024, Lockheed Martin was awarded a USD 4.6 million contract by DARPA to develop AI tools for dynamic, airborne missions. The project, part of DARPA's Artificial Intelligence Reinforcements (AIR) program, focuses on advanced modeling and simulation (M&S) approaches to support multi-ship, beyond visual range (BVR) missions, enhancing real-time decision-making in combat scenarios. In February 2025, BAE Systems secures a USD 251 million contract to support the U.S. Navy's AEGIS Combat System. Under this contract, BAE Systems will provide high-quality services in systems engineering, test and evaluation, logistics, system acquisitions, and cybersecurity. GLOBAL DEFENSE SIMULATION AND TRAINING MARKET TRENDS & OPPORTUNITIES Technological Advancements (In AR, VR & AI)Technological innovations in Augmented Reality (AR), Virtual Reality (VR), and Artificial Intelligence (AI) are revolutionizing the global military simulation and training market. These technologies are improving operational readiness, situational awareness, and combat readiness while decreasing training expenses and risks. The combination of these technologies has become vital to contemporary defense strategies, especially with militaries confronting ever-more complex and unpredictable combat instance, the adoption of these technologies is evident in the military forces of countries such as India and the UK. In the Indian military, the use of technology in the Indian Army's training process has transformed the conventional approach that has been followed for decades. Among the key changes is the application of VR and AR. These two technologies enable soldiers to be exposed to varied combat situations and landscapes, hence being better equipped for actual combat. For example, virtual simulations assist in parachute training, where soldiers go through the different phases of airborne operations in a simulated manner. Such training is risk-free and economical. Similarly, in the UK military, VR is utilized to enhance the effectiveness of training while minimizing the risks and costs associated with traditional military must also address the potential security risks and ethical concerns associated with AI applications. In 2023, a recent policy update from the Pentagon technology highlights the Department of Defense's commitment to ensuring that AI advancements benefit military objectives while maintaining ethical standards. The continued evolution of AI-driven military training and operational strategies is essential to ensuring that military forces remain effective and adaptable in a rapidly changing technological Defense BudgetsThere is growing instability driven by escalating geopolitical tensions, and countries worldwide are enhancing their military capabilities. For instance, according to SIPRI in 2024 World military expenditure rose for the ninth consecutive year to an all-time high of USD 2.44 trillion in 2023, an increase of 6.8% in real terms from 2022. The increasing defense budgets globally are directly tied to the growing emphasis on advanced military technologies and enhanced training methodologies, particularly in the realm of military and simulation training. As defense expenditures rise, nations are investing heavily in simulators, that replicate real-world combat environments and support the military simulation and training market prolonged war in Ukraine, as well as rising geopolitical tensions in Asia, Oceania, and the Middle East, are propelling global military spending, with countries allocating more of their budgets to defense and security. Furthermore, The USA and China are the top two biggest military spenders in the world in 2024, with the U.S. spending about USD 916 billion, while the Chinese estimated USD 296 billion, both accounting for around half of the global military spending in 2023-24. All these factors collectively are projected to support market RESTRAINTS Challenge of Skill RetentionIn the military world, retaining skills and keeping individuals engaged is essential for success. Just as companies implement strategies to retain skilled employees and reduce turnover, the military must create an environment that supports personnel in maintaining proficiency in their technical roles. This requires continuous training programs, opportunities for upskilling, and a culture that values ongoing education to ensure personnel remain capable and mission-ready. Balancing operational duties with structured training can help reduce skill degradation and maintain a motivated retention poses a particular challenge in the military simulation and training market, especially for roles that require lifesaving and technical expertise. Military personnel often face frequent rotations through assignments that may not align with their primary specializations. While these rotations promote adaptability, they also create gaps in critical skills. When these skills are not regularly practiced or reinforced, they tend to degrade over time, which can directly impact mission readiness and overall operational effectiveness. For instance, technical specialists, such as non-commissioned officers (NCOs) in fields like communications, maintenance, or medical services, are especially vulnerable to skill degradation when assigned to non-technical or administrative roles. GLOBAL MILITARY SIMULATION AND TRAINING MARKET GEOGRAPHICAL ANALYSISNorth America dominated the global military simulation and training market in 2024, accounting for more than 34% of total revenue, driven by significant defense spending, strong adoption of simulation-based training, and advancements in virtual and augmented reality (VR/AR) technologies. The US defense training & simulation market leads the North America region, with continuous investments in modernizing military training infrastructure and integrating AI in simulation systems. For instance, according to the Cascadia Aerospace and Defense Industry Report in 2024, the U.S. DoD has earmarked approximately USD 1.8 billion for artificial intelligence projects, reflecting a substantial 63.6% increase compared to the fiscal year 2023 allocation. The presence of major defense contractors and simulation technology providers further supports defense simulation and training market growth. Furthermore, Europe followed North America and holds a significant share of the military simulation and training market, supported by rising defense expenditures and strategic investments in military training programs. Countries such as the United Kingdom, Germany, Italy, and France are key players, focusing on enhancing operational readiness through advanced training solutions. The European market is also driven by joint military exercises, NATO-led training programs, and the adoption of synthetic training environments to reduce costs and improve training is witnessing rapid growth in the military simulation and training market due to increasing defense budgets in China, India, Japan, South Korea, and other regions. Governments in the region are prioritizing next-generation simulation technologies to improve combat readiness and reduce training costs. For instance, according to NT News in February 2025, the Open Plan Weapons Training Simulation System at Robertson Barracks in Darwin, Australia, exemplifies the region's investment in next-generation military simulation technologies. This facility, valued at USD 17 million, enhances combat readiness by providing realistic training environments while reducing training costs through simulation-based exercises. The growing adoption of unmanned systems and cybersecurity training further contributes to military simulation and training market East & Africa and Latin America are experiencing steady growth in the military simulation and training market, driven by military modernization programs and regional security challenges. In Latin America, countries like Brazil and Mexico are investing in simulation-based training to enhance defense preparedness. Meanwhile, in the MEA, Saudi Arabia and the UAE are leading investments in high-tech simulation systems, particularly in aerial and combat training, to strengthen their defense capabilities. The demand for cost-effective and scalable training solutions remains a key factor in these regions' market growth. DEFENSE MILITARY SIMULATION AND TRAINING MARKET SHARE & VENDOR LANDSCAPEKey Company Profiles BAE Systems CAE Inc. Lockheed Martin Corporation Rheinmetall AG Saab AB Thales Other Prominent Vendors Airbus Atos SE Barco Boeing Bohemia Interactive Simulations Collins Aerospace Cubic Corporation Elbit Systems Ltd. Exail Fidelity Technologies Corporation FlightSafety International General Dynamics Corporation Groupe Gorge HAVELSAN Inc. InVeris Training Solutions KONGSBERG Kratos Defense & Security Solutions, Inc. L3Harris Technologies, Inc. Leonardo S.p.A. MVRsimulation Inc Northrop Grumman PARKER HANNIFIN CORP Simthetiq ST Engineering Textron Inc. VSTEP B.V. Key Attributes: Report Attribute Details No. of Pages 293 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $13.39 Billion Forecasted Market Value (USD) by 2030 $21.08 Billion Compound Annual Growth Rate 7.8% Regions Covered Global SEGMENTATION INSIGHTSSegmentation by Application Combat Training MRO Leadership Others Segmentation by Platform Aerial Navel Land Segmentation by Region Military Simulation and Training Market in APAC China India South Korea Indonesia Taiwan Japan Australia North America The U.S. Canada Europe France Germany Italy The U.K. Poland Spain Netherlands Middle East & Africa Egypt Turkey Saudi Arabia UAE Latin America Brazil Colombia Argentina For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Military & Simulation Training Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
a day ago
- Business
- Yahoo
Top Players Profiled in New 2025 Asia-Pacific Non-Lethal Weapons Market Report: Byrna Technologies, General Dynamics, Moog, Raytheon Technologies, Rheinmetall, Textron, and Combined Systems
Significant growth is seen in China, India, and Japan. Regulatory challenges and training issues are hurdles to adoption, yet innovations like directed energy weapons highlight its expanding application. Key players in the market include Byrna Technologies Inc., Raytheon, and Rheinmetall AG. Asia-Pacific Non-Lethal Weapons Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Non-Lethal Weapons Market Size and Growth Trends 2025-2033" has been added to offering. The Asia-Pacific Non-Lethal Weapons Market is expected to reach US$ 5.35 billion by 2033 from US$ 3.31 billion in 2024, with a CAGR of 5.48% from 2025 to 2033. Urbanization, technological development, and government spending on defense modernization - which aims to increase security, control civil disturbance, and promote public safety - are the main factors propelling the expansion of the Asia-Pacific non-lethal weapons market. As law enforcement and military organizations in the Asia-Pacific area increasingly use non-lethal options for crowd control, public safety, and military operations, the market for non-lethal weaponry is expanding quickly. The necessity for efficient crowd control techniques has been brought to light by the increasing frequency of civil disturbance, open protests, and large-scale demonstrations in densely populated metropolitan areas. Tasers, rubber bullets, tear gas, and directed energy systems are examples of non-lethal weapons that are safer than conventional guns and give law enforcement a means of upholding public order while reducing the number of fatalities and injuries. The need for these technologies is anticipated to grow as population density and urbanization continue to rise. The Asia-Pacific non-lethal weapons industry is expanding due in large part to technological improvements. More accurate, flexible, and efficient non-lethal solutions have been developed as a result of ongoing research and development. Non-lethal weapons are becoming more capable and adaptable to a wider range of tactical situations because to advancements in directed energy weapons, acoustic systems, and smart ammo. In addition to improving non-lethal systems' efficacy, these technical advancements also make them safer to employ in intricate and dangerous scenarios. As a result, security personnel in the area have been more inclined to embrace cutting-edge non-lethal methods. Government spending on modernizing the military is another important driver propelling the market's expansion. Asia-Pacific nations are investing more in defense, strengthening their law enforcement capacities, and modernizing their military equipment. In order to manage civil disturbance, improve public safety, and solve security issues, this investment includes funds for the research and development of non-lethal weaponry. Non-lethal weapons are viewed as a crucial part of contemporary security tactics, encouraging a more efficient and compassionate approach to military operations and law enforcement as governments attempt to strike a compromise between security requirements and human rights safeguards. Effective crowd control methods will become more necessary as the region's metropolitan population is expected to increase by 50% by 2050, according to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). Between 2020 and 2023, Japan's National Police Agency reported spending on non-lethal crowd control equipment increased by 35%, with around JPY 2.8 billion allocated specifically for advanced non-lethal technology. The Australian Federal Police claim that compared to more conventional methods of crowd control, the use of non-lethal weapons decreased injuries by 45%. The purchase of non-lethal weapons has increased significantly in India, according to the Ministry of Home Affairs, with state police receiving a 65% increase in funding for crowd control gear in 2023 over 2020. According to Chinese law enforcement officials, employing non-lethal crowd control techniques preserved efficient crowd management skills while lowering civilian casualties during major events by 58%. Key Attributes Report Attribute Details No. of Pages 200 Forecast Period 2024-2033 Estimated Market Value (USD) in 2024 $3.31 Billion Forecasted Market Value (USD) by 2033 $5.35 Billion Compound Annual Growth Rate 5.4% Regions Covered Asia-Pacific Key Topics Covered1. Introduction2. Research & Methodology2.1 Data Source2.1.1 Primary Sources2.1.2 Secondary Sources2.2 Research Approach2.2.1 Top-Down Approach2.2.2 Bottom-Up Approach2.3 Forecast Projection Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Asia-Pacific Non-Lethal Weapons Market5.1 Historical Market Trends5.2 Market Forecast6. Market Share Analysis6.1 Product Type6.2 Technology6.3 End Use6.4 Country7. Product Type7.1 Gases and sprays7.2 Grenades7.3 Bullets7.4 Taser Guns7.5 Others8. Technology8.1 Chemical8.2 Electroshock8.3 Mechanical and Kinetic8.4 Acoustic/Light8.5 Others9. End Use9.1 Law Enforcement9.2 Military9.3 Others10. Country10.1 China10.2 Japan10.3 India10.4 Australia10.5 South Korea10.6 Thailand10.7 Malaysia10.8 Indonesia10.9 New Zealand11. Porter's Five Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Rivalry11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threat13. Company Analysis13.1 Byrna Technologies Inc.13.2 General Dynamics Corporation13.3 Moog Inc.13.4 Raytheon Technologies Corporation13.5 Rheinmetall AG13.6 Textron Inc.13.7 Combined Systems more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Non-Lethal Weapons Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Fashion Network
2 days ago
- Business
- Fashion Network
Kering's fall in market value triggers Euro Stoxx 50 exit
Rheinmetall AG's surging stock price has earned the tank and munitions maker a place in the euro area's main stock benchmark. JPMorgan Chase & Co. strategist Pankaj Gupta wrote in a note that the German company will replace Gucci owner Kering SA in the Euro Stoxx 50 benchmark as of June 20, citing index compiler Stoxx Ltd. It will be the only pure-play defense name in the gauge, which counts Safran SA and Airbus SE among its members. Bloomberg News has contacted Stoxx by phone and email for comment. Rheinmetall is being fast-tracked into the index after its shares roughly tripled so far this year amid a boom in European military spending. A 26% surge in May boosted the firm's market value to almost €87 billion ($98 billion), making Rheinmetall bigger than more than half of the existing Euro Stoxx 50 index members by that measure on the last trading day of the month. The stock has surged by about 1,800% since Russia invaded Ukraine in February 2022. While Rheinmetall has soared, Kering has moved in the opposite direction. The luxury goods firm's shares hit their lowest level since 2016 in April and are down 28% year-to-date, with the firm and its peers weighed down by a slump in spending by wealthy Chinese shoppers. The industry's outlook has become gloomier in the face of U.S. President Donald Trump 's tariffs. For Rheinmetall, inclusion in the widely followed index may further boost sentiment in a world increasingly dominated by passive investment funds. Such funds will need to buy the stock as they realign portfolios to the index's new composition.
Fashion Network
2 days ago
- Business
- Fashion Network
Kering's fall in market value triggers Euro Stoxx 50 exit
Rheinmetall AG's surging stock price has earned the tank and munitions maker a place in the euro area's main stock benchmark. JPMorgan Chase & Co. strategist Pankaj Gupta wrote in a note that the German company will replace Gucci owner Kering SA in the Euro Stoxx 50 benchmark as of June 20, citing index compiler Stoxx Ltd. It will be the only pure-play defense name in the gauge, which counts Safran SA and Airbus SE among its members. Bloomberg News has contacted Stoxx by phone and email for comment. Rheinmetall is being fast-tracked into the index after its shares roughly tripled so far this year amid a boom in European military spending. A 26% surge in May boosted the firm's market value to almost €87 billion ($98 billion), making Rheinmetall bigger than more than half of the existing Euro Stoxx 50 index members by that measure on the last trading day of the month. The stock has surged by about 1,800% since Russia invaded Ukraine in February 2022. While Rheinmetall has soared, Kering has moved in the opposite direction. The luxury goods firm's shares hit their lowest level since 2016 in April and are down 28% year-to-date, with the firm and its peers weighed down by a slump in spending by wealthy Chinese shoppers. The industry's outlook has become gloomier in the face of U.S. President Donald Trump 's tariffs. For Rheinmetall, inclusion in the widely followed index may further boost sentiment in a world increasingly dominated by passive investment funds. Such funds will need to buy the stock as they realign portfolios to the index's new composition.
