ID: MRFR/A&D/2910-HCR | February, 2021 | Region : Global
Market Scenario
An electroshock weapon is an incapacitating weapon that is utilized for disrupting superficial muscle functions of a person by inducing an electric shock. A conductive energy device is a type of electroshock weapons that fires projectiles that administer the shock through a thin, flexible wire. Other electroshock weapons such as stun batons, electroshock belts, and stun guns, induce an electric shock by direct contact. The growing demand for crowd control weapons is driving market growth. The rising civil unrest across the globe due to economic and political crises has compelled military and law enforcement agencies to utilize such weapons that do not cause severe injury. Additionally, increasing military expenditure by developing countries such as China and India is also driving the global electroshock weapons market. Also, the growing deployment of military personnel in non-combat zones to adhere to law and order and maintain peace has also boosted the market growth. However, strict government regulations and concerns regarding the environment are some of the factors projected to hinder market growth.
Segmentation of the Global Electroshock Weapons Market
Based on product type, the global electroshock weapons market has been divided into direct contact weapons and direct energy weapons. The direct energy weapons segment dominated the market in 2018 and is expected to register a higher CAGR during the forecast period. The growing investment by the government of countries such as the US in developing direct energy weapons is driving the growth of the segment. On the basis of end user, the market has been segmented into military and law enforcement. The law enforcement segment dominated the market in 2018 and is expected to register a higher CAGR during the forecast period. The growing demand for less lethal weapons by law enforcement agencies for maintaining peace and protecting the citizens is driving the segment growth. Based on regions, the global electroshock weapons are divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America dominated the market in 2018. However, the market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Increasing military expenditure of developing countries such as China and India and rising regional conflicts are factors driving the market growth in the region.
Intended Audience
Key Players
The key players in the global electroshock weapons market are Axon, OBERON-ALPHA, March Group Ltd., Safariland, LLC, and TBOTECH Safety & Security, LLC.
Research Methodology
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
Secondary Research
In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
Primary Research
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
Key Insights
Report Customization
MRFR offers report customization to valued customers. Below are the options available for customization:
Company Profiles
In-depth profiling of additional market players (3 to 4 companies)
Country-Level Analysis
Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability)
Table of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Electroshock Weapons Market, by Product Type
1.1.2. Global Electroshock Weapons Market, by End User
1.1.3. Global Electroshock Weapons Market, by Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
4. Market Insights
5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
5.6. Market/Technological Trends
5.7. Patent Trends
5.8. Regulatory Landscape/Standards
6. Market Factor Analysis
6.1. Value Chain/Supply Chain Analysis
6.1.1. R&D
6.1.2. Manufacturing
6.1.3. Distribution & Sales
6.1.4. Post-Sales Monitoring
6.2. Porter’s Five Forces Analysis
6.2.1. Threat of New Entrants
6.2.2. Bargaining Power of Buyers
6.2.3. Threat of Substitutes
6.2.4. Intensity of Rivalry
6.2.5. Bargaining Power of Suppliers
7. Global Electroshock Weapons Market, by Product Type
7.1. Introduction
7.2. Direct Contact Weapons
7.2.1. Market Estimates & Forecast, 2020-2027
7.2.2. Market Estimates & Forecast, by Region, 2020-2027
7.3. Direct Energy Weapons
7.3.1. Market Estimates & Forecast, 2020-2027
7.3.2. Market Estimates & Forecast, by Region, 2020-2027
8. Global Electroshock Weapons Market, by End User
8.1. Introduction
8.2. Military
8.2.1. Market Estimates & Forecast, 2020-2027
8.2.2. Market Estimates & Forecast, by Region, 2020-2027
8.3. Law Enforcement
8.3.1. Market Estimates & Forecast, 2020-2027
8.3.2. Market Estimates & Forecast, by Region, 2020-2027
9. Global Electroshock Weapons Market, by Region
9.1. Introduction
9.2. North America
9.2.1. Market Estimates & Forecast, by Country, 2020-2027
9.2.2. Market Estimates & Forecast, by Product Type, 2020-2027
9.2.3. Market Estimates & Forecast, by End User, 2020-2027
9.2.4. US
9.2.4.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.2.4.2. Market Estimates & Forecast, by End User, 2020-2027
9.2.5. Canada
9.2.5.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.2.5.2. Market Estimates & Forecast, by End User, 2020-2027
9.3. Europe
9.3.1. Market Estimates & Forecast, by Country, 2020-2027
9.3.2. Market Estimates & Forecast, by Product Type, 2020-2027
9.3.3. Market Estimates & Forecast, by End User, 2020-2027
9.3.4. UK
9.3.4.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.3.4.2. Market Estimates & Forecast, by End User, 2020-2027
9.3.5. Germany
9.3.5.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.3.5.2. Market Estimates & Forecast, by End User, 2020-2027
9.3.6. France
9.3.6.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.3.6.2. Market Estimates & Forecast, by End User, 2020-2027
9.3.7. Italy
9.3.7.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.3.7.2. Market Estimates & Forecast, by End User, 2020-2027
9.3.8. Rest of Europe
9.3.8.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.3.8.2. Market Estimates & Forecast, by End User, 2020-2027
9.4. Asia-Pacific
9.4.1. Market Estimates & Forecast, by Country, 2020-2027
9.4.2. Market Estimates & Forecast, by Product Type, 2020-2027
9.4.3. Market Estimates & Forecast, by End User, 2020-2027
9.4.4. China
9.4.4.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.4.4.2. Market Estimates & Forecast, by End User, 2020-2027
9.4.5. Japan
9.4.5.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.4.5.2. Market Estimates & Forecast, by End User, 2020-2027
9.4.6. India
9.4.6.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.4.6.2. Market Estimates & Forecast, by End User, 2020-2027
9.4.7. Rest of Asia-Pacific
9.4.7.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.4.7.2. Market Estimates & Forecast, by End User, 2020-2027
9.5. Middle East & Africa
9.5.1. Market Estimates & Forecast, by Country, 2020-2027
9.5.2. Market Estimates & Forecast, by Product Type, 2020-2027
9.5.3. Market Estimates & Forecast, by End User, 2020-2027
9.5.4. UAE
9.5.4.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.5.4.2. Market Estimates & Forecast, by End User, 2020-2027
9.5.5. Saudi Arabia
9.5.5.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.5.5.2. Market Estimates & Forecast, by End User, 2020-2027
9.5.6. Rest of the Middle East & Africa
9.5.6.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.5.6.2. Market Estimates & Forecast, by End User, 2020-2027
9.6. Latin America
9.6.1. Market Estimates & Forecast, by Country, 2020-2027
9.6.2. Market Estimates & Forecast, by Product Type, 2020-2027
9.6.3. Market Estimates & Forecast, by End User, 2020-2027
9.6.4. Brazil
9.6.4.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.6.4.2. Market Estimates & Forecast, by End User, 2020-2027
9.6.5. Rest of Latin America
9.6.5.1. Market Estimates & Forecast, by Product Type, 2020-2027
9.6.5.2. Market Estimates & Forecast, by End User, 2020-2027
10. Competitive Landscape
10.1. Competitive Overview
10.2. Competitor Dashboard
10.3. Major Growth Strategies in the Global Electroshock Weapons Market
10.4. Competitive Benchmarking
10.5. Market Share Analysis
10.6. Key Developments & Growth Strategies
10.6.1. Product Launches/Service Deployments
10.6.2. Mergers & Acquisitions
10.6.3. Joint Ventures
11. Company Profiles
11.1. Axon
11.1.1. Company Overview
11.1.2. Product Offering
11.1.3. Financial Overview
11.1.4. Key Developments
11.1.5. Swot Analysis
11.1.6. Key Strategies
11.2. OBERON-ALPHA
11.2.1. Company Overview
11.2.2. Product Offering
11.2.3. Financial Overview
11.2.4. Key Developments
11.2.5. Swot Analysis
11.2.6. Key Strategies
11.3. March Group Ltd.
11.3.1. Company Overview
11.3.2. Product Offering
11.3.3. Financial Overview
11.3.4. Key Developments
11.3.5. Swot Analysis
11.3.6. Key Strategies
11.4. Safariland, LLC
11.4.1. Company Overview
11.4.2. Product Offering
11.4.3. Financial Overview
11.4.4. Key Developments
11.4.5. Swot Analysis
11.4.6. Key Strategies
11.5. TBOTECH Safety & Security, LLC
11.5.1. Company Overview
11.5.2. Product Offering
11.5.3. Financial Overview
11.5.4. Key Developments
11.5.5. Swot Analysis
11.5.6. Key Strategies
12. Appendix
12.1. References
12.2. Related Reports
12.3. List of Abbreviations
13. Industry Insights
Note: This table of contents is tentative and subject to change as the research progresses.
List of Tables
Table 1 Global Electroshock Weapons Market, by Product Type, 2020-2027
Table 2 Global Electroshock Weapons Market, by End User, 2020-2027
Table 3 Global Electroshock Weapons Market, by Region, 2020-2027
Table 4 North America: Electroshock Weapons Market, by Country, 2020-2027
Table 5 Europe: Electroshock Weapons Market, by Country, 2020-2027
Table 6 Asia-Pacific: Electroshock Weapons Market, by Country, 2020-2027
Table 7 Middle East & Africa: Electroshock Weapons Market, by Country, 2020-2027
Table 8 Latin America: Electroshock Weapons Market, by Country, 2020-2027
Table 9 North America: Electroshock Weapons Market, by Country, 2020-2027
Table 10 North America: Electroshock Weapons Market, by Product Type, 2020-2027
Table 11 North America: Electroshock Weapons Market, by End User, 2020-2027
Table 12 Europe: Electroshock Weapons Market, by Country, 2020-2027
Table 13 Europe: Electroshock Weapons Market, by Product Type, 2020-2027
Table 14 Europe: Electroshock Weapons Market, by End User, 2020-2027
Table 15 Asia-Pacific: Electroshock Weapons Market, by Country, 2020-2027
Table 16 Asia-Pacific: Electroshock Weapons Market, by Product Type, 2020-2027
Table 17 Asia-Pacific: Electroshock Weapons Market, by End User, 2020-2027
Table 18 Middle East & Africa: Electroshock Weapons Market, by Country, 2020-2027
Table 19 Middle East & Africa: Electroshock Weapons Market, by Product Type, 2020-2027
Table 20 Middle East & Africa: Electroshock Weapons Market, by End User, 2020-2027
Table 21 Latin America: Electroshock Weapons Market, by Country, 2020-2027
Table 22 Latin America: Electroshock Weapons Market, by Product Type, 2020-2027
Table 23 Latin America: Electroshock Weapons Market, by End User, 2020-2027
List of Figures
FIGURE 1 Research Process of MRFR
FIGURE 2 Top-Down & Bottom-Up Approaches
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Electroshock Weapons Market Share, by Product Type, 2020 (%)
FIGURE 9 Global Electroshock Weapons Market, by Product Type, 2020-2027 (USD Million)
FIGURE 10 Global Electroshock Weapons Market Share, by End User, 2020 (%)
FIGURE 11 Global Electroshock Weapons Market, by End User, 2020-2027 (USD Million)
FIGURE 12 Global Electroshock Weapons Market Share (%), By Region, 2020
FIGURE 13 Global Electroshock Weapons Market, by Region, 2020-2027 (USD Million)
FIGURE 14 North America: Electroshock Weapons Market Share (%), 2020
FIGURE 15 North America: Electroshock Weapons Market, by Country, 2020-2027 (USD Million)
FIGURE 16 Europe: Electroshock Weapons Market Share (%), 2020
FIGURE 17 Europe: Electroshock Weapons Market, by Country, 2020-2027 (USD Million)
FIGURE 18 Asia-Pacific: Electroshock Weapons Market Share (%), 2020
FIGURE 19 Asia-Pacific: Electroshock Weapons Market, by Country, 2020-2027 (USD Million)
FIGURE 20 Middle East & Africa Electroshock Weapons Market Share (%), 2020
FIGURE 21 Middle East & Africa Electroshock Weapons Market, by Region, 2020-2027 (USD Million)
FIGURE 22 Latin America Electroshock Weapons Market Share (%), 2020
FIGURE 23 Latin America Electroshock Weapons Market, by Region, 2020-2027 (USD Million)