NEW YORK, Sept. 20, 2022 /PRNewswire/ -- The electrical weapons market size is expected to grow by USD 9.76 billion during 2021-2026, at a CAGR of 17.97% during the forecast period. The market is driven by the growing asymmetric warfare across the world. In addition, the growth in battlefield digitization is anticipated to boost the growth of the Electrical Weapons Market. This report extensively covers the electrical weapons market segmentation by type (non-lethal and lethal) and geography (North America, Europe, APAC, the Middle East and Africa, and South America). Request Free Sample Report.
Major Five Electrical Weapons Companies:
- Albayraklar Group: The company offers autoclaved aerated concrete under the brand name UltraTech Xtralite.
- Almaz Antey Air and Space Defense Corp.: The company offers autoclaved aerated concrete blocks such as Standard Block, Cladding Block, Jumbo Block, Mine Block, Double Cored Block, Roof Panels, and Floor Panels.
- Axon Enterprise Inc.: The company offers various products including cooling systems, air coolers, radiators, oil coolers, condensers, and other products.
- Combined Systems Inc.: The company offers autoclaved aerated concrete blocks which is a fully integrated building system of panels and blocks that are used for residential, commercial, and industrial buildings.
- Lockheed Martin Corp.: The company offers autoclaved aerated concrete which provides structure, thermal insulation, fire resistance, and mold resistance for a masonry structure used for housing and industrial buildings.
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Electrical Weapons Market Driver
One of the major factors influencing the growth of the electrical weapons market is the rise of asymmetric warfare around the world. Guerrilla warfare is a type of asymmetric warfare that involves both militant groups and conventional armies. Most of these groups do not have large, well-established bases and instead use attack tactics such as ambush and terrorist attacks to avoid open battles. The United States' significant involvement in asymmetric warfare has resulted in the development of sophisticated electrical weapons over the last decade.
One of the major trends influencing the growth of the electrical weapons market is the increase in battlefield digitization. However, one of the major challenges impeding the growth of the electrical weapons market is stringent regulatory norms. Download Free Sample Report.
Electrical Weapons Market Geographical Analysis
North America will account for 36% of market growth. The United States is the most important market in North America for electrical weapons. The market in this region will grow faster than the market in other regions. Electrical weapon advancements will aid the growth of the electrical weapons market in North America over the forecast period.
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Electrical Weapons Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 17.97% |
Market growth 2022-2026 |
$ 9.76 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.54 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 36% |
Key consumer countries |
US, Israel, China, Russia, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Albayraklar Group, Almaz Antey Air and Space Defense Corp., Axon Enterprise Inc., BAE Systems Plc, Combined Systems Inc., Cotran Corp., EURO SECURITY PRODUCTS s.r.o., Honeywell International Inc., Lockheed Martin Corp., MARCH GROUP LTD., Miller Manufacturing Co., Mitsubishi Heavy Industries Ltd., Naval Group, OBERON ALPHA, Raytheon Technologies Corp., Safariland LLC, SHYH SING ENTERPRISE CO. LTD., StunTronics LLC, TBOTECH Safety and Security LLC, and Textron Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Non-lethal - Market size and forecast 2021-2026
- Exhibit 28: Chart on Non-lethal - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Non-lethal - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Non-lethal - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Non-lethal - Year-over-year growth 2021-2026 (%)
- 5.4 Lethal - Market size and forecast 2021-2026
- Exhibit 32: Chart on Lethal - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Lethal - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Lethal - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Lethal - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Russia - Market size and forecast 2021-2026
- Exhibit 70: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Israel - Market size and forecast 2021-2026
- Exhibit 78: Chart on Israel - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Israel - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Israel - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Israel - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Axon Enterprise Inc.
- Exhibit 89: Axon Enterprise Inc. - Overview
- Exhibit 90: Axon Enterprise Inc. - Business segments
- Exhibit 91: Axon Enterprise Inc. - Key offerings
- Exhibit 92: Axon Enterprise Inc. - Segment focus
- 10.4 BAE Systems Plc
- Exhibit 93: BAE Systems Plc - Overview
- Exhibit 94: BAE Systems Plc - Business segments
- Exhibit 95: BAE Systems Plc - Key offerings
- Exhibit 96: BAE Systems Plc - Segment focus
- 10.5 Combined Systems Inc.
- Exhibit 97: Combined Systems Inc. - Overview
- Exhibit 98: Combined Systems Inc. - Product / Service
- Exhibit 99: Combined Systems Inc. - Key offerings
- 10.6 Honeywell International Inc.
- Exhibit 100: Honeywell International Inc. - Overview
- Exhibit 101: Honeywell International Inc. - Business segments
- Exhibit 102: Honeywell International Inc. - Key news
- Exhibit 103: Honeywell International Inc. - Key offerings
- Exhibit 104: Honeywell International Inc. - Segment focus
- 10.7 Lockheed Martin Corp.
- Exhibit 105: Lockheed Martin Corp. - Overview
- Exhibit 106: Lockheed Martin Corp. - Business segments
- Exhibit 107: Lockheed Martin Corp. - Key news
- Exhibit 108: Lockheed Martin Corp. - Key offerings
- Exhibit 109: Lockheed Martin Corp. - Segment focus
- 10.8 MARCH GROUP LTD.
- Exhibit 110: MARCH GROUP LTD. - Overview
- Exhibit 111: MARCH GROUP LTD. - Product / Service
- Exhibit 112: MARCH GROUP LTD. - Key offerings
- 10.9 OBERON ALPHA
- Exhibit 113: OBERON ALPHA - Overview
- Exhibit 114: OBERON ALPHA - Product / Service
- Exhibit 115: OBERON ALPHA - Key offerings
- 10.10 Raytheon Technologies Corp.
- Exhibit 116: Raytheon Technologies Corp. - Overview
- Exhibit 117: Raytheon Technologies Corp. - Business segments
- Exhibit 118: Raytheon Technologies Corp. - Key news
- Exhibit 119: Raytheon Technologies Corp. - Key offerings
- Exhibit 120: Raytheon Technologies Corp. - Segment focus
- 10.11 Safariland LLC
- Exhibit 121: Safariland LLC - Overview
- Exhibit 122: Safariland LLC - Product / Service
- Exhibit 123: Safariland LLC - Key offerings
- 10.12 TBOTECH Safety and Security LLC
- Exhibit 124: TBOTECH Safety and Security LLC - Overview
- Exhibit 125: TBOTECH Safety and Security LLC - Product / Service
- Exhibit 126: TBOTECH Safety and Security LLC - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 127: Inclusions checklist
- Exhibit 128: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources
- 11.5 List of abbreviations
- Exhibit 133: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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