Conducted electrical weapons are the electroshock weapons which delivers electric current through the muscles and disrupts muscle functions and causes pain without any injury. Conducted electrical weapons are available in various types such as stun guns, tasers, stun belts and others. Stun guns and belts deliver electric current directly to the body whereas tasers injects shock through flexible thin wires. Conducted electrical weapons market has significant demands owing to its applications in military, law enforcement and private security. Increase in cross border disputes coupled with various advancements in the development of such weapons are witnessed to fuel the market growth for conducted electrical weapons market. This market is estimated to grow at XX% CAGR during 2016-2022 to reach revenue of $XXm by 2022.
Global market for conducted electrical weapons have been studied in detail for varioud regions across the globe namely Americas, Europe, APAC and RoW with major focus on eminent countries such as the U.S., Canada, Brazil, China, Japan and so on. Globally, North Americas is the largest market for conducted electrical weapons owing to rising isage in provate security and law enforcement applications. Asia pacific is forecast to become the fastest growing market for conducted electrical weapons owing to growing disturances or birders as well as increassing terrorist attacks.
Americas and Europe has the highest market share in global conducted electrical weapons market owing to the increasing use of stun belts and stun weapons in prisons. Asia Pacific region is projected to have a significant growth during the forecast period. Conducted electrical weapon manufacturing companies have gone through M&As, JVs, partnerships and collaborations which enable them to implement new technologies and meet the growing demand of conducted electrical weapons. Leading marekt playesrae constantly involved in the R&D investments that is resulting in the productio of highly reliable and durable weapon systems. Major players in this market include Taser International Inc. (U.S.), Lrad Corporation (U.S.), Combined Systems, Inc. (U.S.), The Safariland Group (U.S.) and Amtec Less Lethal Systems Inc. (U.S.) among others.