An electric weapon is a type of incapacitating weapon. These types of weapons when used deliver electrical shock on a specific target area by disrupting function of muscle with severe pain without producing significant injury. Various type of electric weapon is available such as, batons, belts, stun guns which administers shock by direct contact however, conducted electrical weapons, TASER produces shock with the help of a wire. The key drivers for the market are, growing defense expenditure by countries, technological advancement in weapon technology.
The key market drivers for electric weapons market are, technological advancements, growing defense expenditure by countries like India, China, Russia, rising demand for crowd control weapons along with increasing incidences of civil wars, protests like things due to political and economies issues forces security agencies to deploy such devices for controlling the situation but not to produce injury. However, strict rules and regulations about using such weapons may restrict market growth during the forecast period.
The "Global Electric weapons Market Analysis to 2028" is a specialized and in-depth study of the electric weapons market with a special focus on the global market trend analysis. The report aims to provide an overview of electric weapons market with detailed market segmentation by product type and end user. The global electric weapons market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric weapons market player and offers key trends and opportunities in the electric weapons market.
The global electric weapons market is segmented on the basis of product type and end user. On the basis of product type the market is bifurcated as, direct contact weapons, direct energy weapons. Further, on the basis of end user the market is segmented into, military and law enforcement.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric weapons market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric weapons market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric weapons market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five forces of analysis highlighting the factors affecting the electric weapons market in these regions.
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The reports cover key developments in the electric weapons market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electric weapons market are anticipated to lucrative growth opportunities in the future with the rising demand for electric weapons market. Below mentioned is the list of few companies engaged in the electric weapons market.
The report also includes the profiles of key electric weapons market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
March Group Ltd
TBOTECH Safety and Security, LLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
3. March Group Ltd
4. Safariland, LLC
5. TBOTECH Safety and Security, LLC
6. Combined Systems
7. General Atomics
8. BAE Systems
9. Raytheon Technologies
10. Lockheed Martin