Electroshock Weapons Market Research Report - Global Forecast till 2025 Electroshock Weapons Market Research Report - Global Forecast till 2025 P a g e |1 Copyright © 2017 Market Research Future. Electroshock Weapons Market Research Report - Global Forecast till 2025 VIEW REPORT PRESS RELEASE SAMPLE REPORT P a g e |2 Copyright © 2017 Market Research Future. Electroshock Weapons Market Research Report - Global Forecast till 2025 Summary: Global Electroshock Weapons Market and has Asserted that Market is likely to Register a CAGR of 6.2% over the Forecast Period of 2019-2023 Market Overview: Electroshock weapons, commonly referred to as stun guns, stun batons, are non-lethal weapons which are designed to incapacitate a person from a safer distance, without causing death or serious injuries. They temporarily incapacitate a person by causing strong muscle pain, disorientation, loss of balance, and muscle contractions. The use of electroshock weapons has increased exponentially, which has uniquely positioned the global electroshock weapons market for growth. Due to the rise in awareness regarding the initiation of humanistic behavior towards criminals and the development of a humanistic society, there is heightened focus on the use of non-lethal weapons. Various agencies have cropped up in the recent past which are actively involved in protecting the interests of criminals in case of violation of humanistic standards. In light of the above factors, the use of electroshock weapons has increased considerably, which is driving the growth of the global electroshock weapons market. These agencies advocate the need for humanistic arrest procedures of criminals. P a g e |3 Copyright © 2017 Market Research Future. Electroshock Weapons Market Research Report - Global Forecast till 2025 Cross-border tensions, combined with a rise in terrorist activities are on the rise. The subsequent rise in encounter also necessitates the use of non-lethal weapons. Criminals generally possess crucial information due to which arresting them in sound health becomes necessary. Moreover, often, various innocent civilians fall prey to such unrest. The use of electroshock weapons is also required to prevent the death of innocent individuals who are mistaken as criminals. Non-criminal activities have also become more frequent where the use of non-lethal weapons is desirable to settle disturbances without causing harm to the mass. Rising assaults on women have further increased the need for such weapons for self-defense purpose, which has induced demand within the market. Increasing defense and security budgets across the globe, relentless pressure exerted on law enforcement agencies by social media campaigns advocating ethical treatment to criminals and technological advancements in electroshock weapons are other factors contributing to the growth of the market. On the contrary, the electroshock weapons market growth can be hampered due to a host of factors. Firstly, the use of electroshock weapons subjects the users to threat of lethal weapons from criminals. The chances of malfunction due to poor range can prove to be dangerous. These weapons can interfere with pacemakers and might cause serious injury to delicate body parts such as the eyes. Segmentation: The global electroshock weapons market has been segmented based on product type and end-user. By product type, the electroshock weapons market has been segmented into direct contact weapons and directed energy weapons. The direct contact weapons segment is anticipated to hold the largest share of the market over the forecast period due to the widespread use of such weapons. By end-users, the electroshock weapons market has been segmented into military and law enforcement. The law enforcement segment is anticipated to capture the largest share of the market which can be attributed to the growing demand for electroshock weapons from law enforcement agencies who are responsible for maintenance of peace and protection of civilians. Electroshock weapons are of prime importance in situations when defendants are out of control. Regional Analysis: Region-wise, the electroshock weapons market has been segmented into Asia Pacific (APAC), Rest-of-the-World (RoW), Europe, and North America. North America ruled the global market in 2016 on account of its technological superiority and high investment in such weapons by law enforcement agencies. Rising incidents of terrorism in the region has further fostered the growth of the market. P a g e |4 Copyright © 2017 Market Research Future. Electroshock Weapons Market Research Report - Global Forecast till 2025 The Europe market is likely to secure the second spot in the global market and is anticipated to be led by the UK, Germany, and France. France is the largest market in the Europe region. The APAC market is anticipated to be the fastest-growing market over the forecast period. Rising threats from terrorist in the region along with increasing geopolitical tensions has compelled the law enforcement agencies to invest in electroshock weapons. China, South Korea, and India are expected to be the key contributors to the APAC market while Indonesia, Vietnam, and Philippines are expected to follow their lead. Competitive Dashboard: Axon, OBERON-ALPHA, Safariland, LLC, MARCH GROUP LTD., and TBOTECH Safety & Security, LLC are the key players in the electroshock weapons market Industry Updates: June 2019 - Aycicek, a Turkish company, launched its non-lethal electroshock weapons in the South Africa market. The Wattozz electroshock weapon, which looks like a short gun is capable of incapacitating an offender from a safe distance without death or permanent injury. Wattozz was first launched in December 2018 in Turkey and has gained immense popularity. P a g e |5 Copyright © 2017 Market Research Future. Electroshock Weapons Market Research Report - Global Forecast till 2025 P a g e |6 Copyright © 2017 Market Research Future.
Global Electroshock Weapons Market Research Report: by Product Type (Direct Contact Weapons and Direct Energy Weapons), End User (Military and Law Enforcement), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)—Forecast till 2025
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