Electroshock Weapons Market Scenario
Rising demand for crowd control weapons is one of the key drivers of global electroshock weapons market. Factors such as civil unrest, due to economic and political crises, across the globe has compelled the military and law enforcement agencies to adopt such weapons without causing severe injury. Moreover, adoption of technologically enhanced weapons and increasing military expenditure by countries across the globe are also the major factors driving the global electroshock weapons market. Also, the deployment of military in non-combat zones to look after law and order and maintain peace, has also boosted the market growth. However, stringent government regulations and environmental concerns are expected to hinder the market growth.
The law enforcement agencies play a vital role in maintaining peace and protecting the civilians. So, the rising demand for less lethal weapons has resulted in the growth of the law enforcement segment. It is expected to grow at a comparatively higher CAGR during the forecast period, with huge investments being made by key players for the development of compliance weapons in applications such as riot control, cross border control and others.
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Scope of the Report
This study provides an overview of the global electroshock weapons market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Asia-Pacific, North America, Europe and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global electroshock weapons market by its product type, by end-user and region.
By Product Type
- Direct Contact Weapons
- Directed Energy Weapons
- Law Enforcement
- Asia Pacific
- North America
- Rest of World
The key players of the global electroshock weapons market are Axon, OBERON-ALPHA, MARCH GROUP LTD., Safariland, LLC, and TBOTECH Safety & Security, LLC.
As of 2016, North America dominated the global electroshock weapons market, due to technological advancements, and rising incidences of terrorism and civil unrest in the region. However, Asia-Pacific is expected to witness the highest growth during the forecast period. Increasing investments for the development of multifunctional weapons, is expected to drive the market in the region.
An electroshock weapon is an incapacitate weapon used for incapacitating a person by administering electric shock aimed at disrupting superficial muscle functions. One type is a conductive energy device, which fires projectiles that administer the shock through a thin, flexible wire. Other electroshock weapons such as stun guns, stun batons, and electroshock belts administer an electric shock by direct contact. The global electroshock weapons market is anticipated to grow at ~6.2% CAGR, during the forecast period.
The report for Global Electroshock Weapons Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Table Of Contents
1… Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3… Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
List of Tables
Table 1 Global Electroshock Weapons Market, by Product Type
Table 2 Global Electroshock Weapons Market, by End-user
Table 3 Global Electroshock Weapons Market, by Region
Table 4 Asia-pacific Electroshock Weapons Market, by Product Type
Table 5 Asia-pacific Electroshock Weapons Market, by End-user
Table 6 Asia-pacific Electroshock Weapons Market, by Country
Table 7 China Electroshock Weapons Market, by Product Type
Table 8 China Electroshock Weapons Market, by End-user
Table 9 Japan Electroshock Weapons Market, by Product Type
Table 10 Japan Electroshock Weapons Market, by End-user
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