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Electrical Weapons Market Report and Forecast 2024-2032

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    Report

  • 180 Pages
  • April 2024
  • Region: Global
  • Expert Market Research
  • ID: 5960645
According to this report, the global electrical weapons market is projected to grow at a CAGR of 21.40% between 2024 and 2032. Aided by the technological innovation, strategic policy implementation, and changing societal norms towards the use of force, the market is expected to grow significantly by 2032.

Electrical weapons, known for their capacity to incapacitate individuals temporarily without causing permanent harm, have become instrumental in modern policing and security strategies. These devices, which include stun guns and TASERs, offer a safer alternative to traditional firearms, minimising the risk of fatalities and serious injuries.

The electrical weapons market demand is further fuelled by the global rise in civil unrest, crime rates, and the need for enhanced personal security measures. Moreover, advancements in technology have led to the development of more sophisticated, reliable, and user-friendly electrical weapons, making them accessible to a broader audience, including law enforcement agencies and civilians alike.

Innovation significantly influences the electrical weapons market outlook, with manufacturers focusing on enhancing the effectiveness, safety, and connectivity of electrical weapons. Developments include extended range, integrated camera systems for accountability, and connectivity features that allow for real-time data transmission to law enforcement databases, enhancing situational awareness and response capabilities.

Governments worldwide are implementing policies and initiatives to regulate the use and proliferation of electrical weapons, aiming to balance public safety with individual rights. These initiatives often include certification programs for users, restrictions on use, and guidelines for accountability and transparency in deployment.

The market potential for electrical weapons is vast, with opportunities for expansion into emerging markets and sectors, including private security, wildlife management, and aviation security, where non-lethal force offers a viable solution to complex challenges.

Market Segmentation

The market can be divided based on weapon type, end use, and region.

Market Breakup by Weapon Type

  • Lethal
  • Railgun
  • Directed-energy Weapons
  • Non-Lethal
  • Stun Guns
  • Tasers
  • Others

Market Breakup by End Use

  • Military
  • Private Security
  • Law Enforcement
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global electrical weapons market. Some of the major players explored in the report are as follows:
  • BAE Systems Plc
  • Lockheed Martin Corporation
  • Northrop Grumman Corp.
  • General Atomics
  • RTX Corporation
  • OBERON-ALPHA Company
  • Axon Enterprise Inc.
  • Euro Security Products s.r.o (Ltd.)
  • Combined Systems
  • Gehmann GmbH & Co. KG
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Electrical Weapons Market Analysis
8.1 Key Industry Highlights
8.2 Global Electrical Weapons Historical Market (2018-2023)
8.3 Global Electrical Weapons Market Forecast (2024-2032)
8.4 Global Electrical Weapons Market by Weapon Type
8.4.1 Lethal
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Railgun
8.4.1.3.2 Directed-energy Weapons
8.4.2 Non-Lethal
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Stun Guns
8.4.2.3.2 Tasers
8.4.2.3.3 Others
8.5 Global Electrical Weapons Market by End Use
8.5.1 Military
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Private Security
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Law Enforcement
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Electrical Weapons Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Electrical Weapons Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Electrical Weapons Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Electrical Weapons Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Electrical Weapons Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Electrical Weapons Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 BAE Systems Plc
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Lockheed Martin Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Northrop Grumman Corp.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 General Atomics
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 RTX Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 OBERON-ALPHA Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Axon Enterprise Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Euro Security Products s.r.o (Ltd.)
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Combined Systems
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Gehmann GmbH & Co. KG
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electrical Weapons Market: Key Industry Highlights, 2018 and 2032
2. Global Electrical Weapons Historical Market: Breakup by Weapon Type (USD Million), 2018-2023
3. Global Electrical Weapons Market Forecast: Breakup by Weapon Type (USD Million), 2024-2032
4. Global Electrical Weapons Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Electrical Weapons Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Electrical Weapons Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Electrical Weapons Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Electrical Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Electrical Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Electrical Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Electrical Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Electrical Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Electrical Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Electrical Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Electrical Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Electrical Weapons Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Electrical Weapons Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Electrical Weapons Market Structure

Companies Mentioned

  • BAE Systems Plc
  • Lockheed Martin Corporation
  • Northrop Grumman Corp.
  • General Atomics
  • RTX Corporation
  • OBERON-ALPHA Company
  • Axon Enterprise Inc.
  • Euro Security Products s.r.o (Ltd.)
  • Combined Systems
  • Gehmann GmbH & Co. KG

Methodology

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