Stun Gun market report for 2018 explored in latest research
Stun guns market refers to the
business generated by the non-lethal conducted electrical weapons (CEWs) that
are primarily utilized for the self-defense and law enforcement agencies.
Ability to incapacitate the potential suspect through the delivery of high
voltage electric shocks, with the prime motive of disrupting the muscle
functions for small amount of time without causing substantial damage is
expected to remain the primary growth driver of the industry over the forecast
period.
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Increasing concerns and
requirement of preparedness to counter the proliferating threats to women’s
safety and irregular upsurge of civil riots are expected to drive the industry
growth
Number of criminal and rape
incidents, in most economies is among the primary concern of the government
agencies. Some of the major economies that include Australia, U.S., New
Zealand, Norway and France are among the developed economies that have the
highest reported incidents per 100,000 citizens. According to the Nations
Master crime and rape rate statistics, these countries had over 15 rapes per
100,000 inhabitants. Moreover, usage of lethal weapons is substantially
discouraged for the personal protection and are significantly difficult to
afford. Requirement of preparedness in case of threat to personal safety are
expected to drive the overall industry growth through the next few years.
Moreover, functionality of some of the products that feature usability in
adverse weather conditions, when pepper sprays or other self-defense tactics
prove inefficient, are expected to propel the adoption rates.
Irregular possibilities of
civil unrest and requirement to maintain the law and order without critical
damage to the civilians will present considerable growth prospects
France, Argentina, Myanmar,
Mexico, Bangladesh, and India are among the most civil unrest prone regions,
owing to substantial number of news headlines associated with the civil riots.
Moreover, some riots in these countries past have witnessed requirements of
military interventions to ensure the peace. Recurring surfacing of such
incidences are expected to be the most prominent stun gun market growth driver
over the forecast period. Additionally these find significant applications for
probes against convicts who are under the influence of alcohol and drugs, which
reduces their sensitivity to pain.
Advent of CEWs that can
monitor heart rates rhythms with featuring over 99.75% human life safety are
gaining significant traction
In August 2016, Wake Forest
Baptist Medical Center researchers successfully developed stun guns that was
capable of recording the subject individual’s heart rhythm and rates and
capability to avoid serious injuries and fatalities. Increasing incidences of
the serious incidents owing to pre-medical conditions, when using these devices
are doing the rounds in media. Moreover, these serious injuries and deaths
often included other risk factors, including drug use. These developments will
ensure the human life safety and drive the stun gun market.
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Law enforcement agencies are
anticipated to continue the industry dominance through the forecast period
Major factors driving the segment
growth are the increasing adoption of stun guns by special police forces and
law enforcement agencies in major countries such as the US, Australia, and
Canada. Moreover, increased awareness in the developing and underdeveloped
economies about the benefits of these devices will drive the overall product
demands through the forecast period.
U.S. accounted for the major
global stun gun market share in 2016
High utilization of these devices
in both the civil and law enforcement agencies was the primary growth
contributor in the region. However, the country has witnessed significant
increase in the malpractices of these equipment in domestic violence and fatal
incidences due to inappropriate usage on pregnant women and child abuse will
drive present considerable growth challenges to the industry growth
Industry is characterized by
presence of large number industry participants offering extensive range of
products and devices. Some of the key players in the stun gun market include
Euro Security Products, MARCH, Nova Security, Shyh Sing Enterprise, TASER International,
and Jiun An Technology.
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