The state of South American Law Enforcement Agencies especially that of Northern Countries is similar to those of their Asian Counterparts. The riot control equipment with the agencies, especially in the northern countries of the region is very limited. The internal security situation remains bad in the region especially in countries like Colombia, Venezuela and Brazil as of now. In order to counter the security concerns better, increased spending will be done on Riot Control Equipments despite the economic crisis. The South America Riot Control Equipment market is expected to grow at a CAGR of 3% during the forecast period.
The market will be led by Brazil, who despite a struggling economy due to a commodity price crash, is expected to increase spending on the riot control equipment. Other countries like Colombia and Venezuela, which suffer from high rates of violence, will make major contributions and will be one of the important markets for riot control equipment in the years to come.
South America Riot Control Equipment Market: Revenue in USD million, 2016 - 2023
Source: Mordor Intelligence Analysis
Key Players: Condor Non Lethal Technologies, Security Devices International, Non Lethal Technologies,
Blackhawk, Alsetex, Lamperd Less Lethal, amongst others.
Key Developments:
September 2016: Katmerciler Ekipman, a Turkey-based company that offers water cannons and anti-riot vehicles, announced its plan to enter into armored vehicle market and plans to expand its presence in Brazil and LIbya.
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