Market Trends of Electrical Weapons Industry
Law Enforcement Segment Will Showcase Remarkable Growth During the Forecast Period
The law enforcement segment is anticipated to show significant growth in the electrical weapons market. There has been noteworthy growth in terms of the need for the usage of electrical weapons by law enforcement agencies worldwide, with conducted electrical weapons such as taser guns gaining greater significance. The need for such weapons has primarily been boosted by the increasing number of violent clashes between police and civilians in recent years. The rise in such cases has led to enforcement personnel being issued with electrical weapons ranging from electric shock batons and other hand-held weapons to weapons capable of delivering dart-like projectiles that administer an electric shock to a person located at some distance. Various companies have also invested in integrating advanced technologies into their products to provide a competitive edge to law enforcement agencies. For instance, in June 2023, the Salt Lake City police department announced that they would be making use of new stun guns as well as other devices, which have been demonstrated by the company Axon Enterprises Inc. The new range of tasers comes equipped with ten cartridges and fire one probe per shot, thereby allowing precise contact with the target.
Asia-Pacific to Dominate the Market During the Forecast Period
Asia-Pacific holds the highest shares in the market studied and is expected to continue its domination during the forecast period. Factors such as growing investments by various countries in the Asia-Pacific for procurement of advanced electrical weapons for law enforcement as well as the military are expected to generate growth in the market studied.
According to the data presented by the Armed Conflict Location and Event Data Project (ACLED), there has been a significant growth in conflicts in the Asia-Pacific region in recent times. Violent clashes in countries such as India, Japan, South Korea, and Myanmar have led to growth in the need for new electrical weapons acquisitions within the region. Furthermore, various manufacturing companies in the Asia-Pacific are now also looking forward to investing significantly in research to develop hi-tech electrical electrical weapons.
For instance, in October 2021, a startup firm based in Uttar Pradesh, India, announced that they had developed new taser weapons to help law enforcement agencies in situations where the use of deadly force is not authorized. The electrical weapons that were developed by Apasteron Pvt. Ltd has been manufactured under the request made by the Indian security forces after their violent clashes against the Chinese troops. In addition, the electrical weapon, which has been dubbed Vajra, was designed as a trident. It is a metal rod taser used in hand-to-hand combat scenarios with the additional ability to penetrate bullet-proof vests.
