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Electrical Weapons Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 124
  • SKU: IRTNTR74031
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The electrical weapons market share is expected to increase by USD 9.76 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 17.97%.

This electrical weapons market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers electrical weapons market segmentation by type (non-lethal and lethal) and geography (North America, Europe, APAC, the Middle East and Africa, and South America). The electrical weapons market report also offers information on several market vendors, including 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. among others.

What will the Electrical Weapons Market Size be During the Forecast Period?

Electrical Weapons Market Size

Download Report Sample to Unlock the Electrical Weapons Market Size for the Forecast Period and Other Important Statistics

 

Electrical Weapons Market: Key Drivers, Trends, and Challenges

The growing asymmetric warfare across the world is notably driving the electrical weapons market growth, although factors such as stringent regulatory norms may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the electrical weapons industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Electrical Weapons Market Driver

The growing asymmetric warfare across the world is one of the major drivers impacting the electrical weapons market growth. Asymmetric warfare or irregular warfare is one in which the military capabilities and strategies adopted by belligerent forces are significantly different. Guerrilla warfare is a form of asymmetric warfare, which engages militant groups and a conventional army. In most cases, these groups do not occupy large, well-established bases and employ attack tactics, such as ambush and terrorist attacks, avoiding open battles. They either draw their opponent to a terrain suited to the former or launch strategic surprise attacks owing to their greater mobility. Night combat is a strategy largely adopted by guerrilla fighters. The significant involvement of the US in asymmetric warfare led to the development of sophisticated electrical weapons over the last decade.

Key Electrical Weapons Market Trend

Growth in battlefield digitization is one of the major trends influencing the electrical weapons market growth. Technology upgrades have improved situational awareness of modern electrical weapons. Modern versions of prominent electrical weapons, such as the Stinger, are equipped with multiple new technologies, such as dual-mode seeker and identification friend or foe (IFF) systems. The IR and UV technology enhances the targeting efficiency of the Stinger by making it less prone to countermeasures which include flares. Moreover, the IFF system gives an audio alert to the operator in case the weapon is directed toward a friendly vehicle. The Indian Navy Indigenisation Plan (INIP) 2015-2030 to enable the development of equipment and systems has been strengthening efforts, especially in weapons and aviation development-. Some of the focus areas of the plan include indigenous design and development and production of anti-submarine weapons and sensors, Satcom, and electronic warfare equipment. Such plans will increase the adoption rate of electrical weapons by forces, which, in turn, will drive the growth of the market.

Key Electrical Weapons Market Challenge

Stringent regulatory norms are one of the major challenges impeding the electrical weapons market growth. Vendors in the global electrical weapons market are required to adhere to the stringent regulatory norms of different countries such as the US, Canada, and others. Most of the vendors work with government organizations and defense departments within various countries. Therefore, manufacturers in the market are required to comply with stringent regulations at the federal, state, and local levels. These stringent regulations hurt the market in focus. Incidences of civilian injury and death have further rigidified such regulatory norms. For instance, in May 2022, the Canadian government finalized long firearm regulations that ensure someone buying a gun has a valid license and requires vendors to keep sales and inventory records. The government also revealed it would require sellers to verify the validity of a firearm license before selling a non-restricted firearm, such as a basic rifle or shotgun. These regulations by the government will negatively impact the market.

This electrical weapons market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global electrical weapons market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the electrical weapons market during the forecast period.

Who are the Major Electrical Weapons Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 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
  • Textron Inc.

 

This statistical study of the electrical weapons market encompasses successful business strategies deployed by the key vendors. The electrical weapons market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The electrical weapons market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Electrical Weapons Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the electrical weapons market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Electrical Weapons Market?

Electrical Weapons Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

36% of the market’s growth will originate from North America during the forecast period. The US is the key market for electrical weapons market in North America. Market growth in this region will be faster than the growth of the market in other regions.

Advances in electrical weapons will facilitate the electrical weapons market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the negative economic impact of the COVID-19 pandemic made some countries in North America reassess their electrical weapons orders and imports. Governments in countries such as the US, Canada, and Mexico imposed stringent COVID-19-related restrictions, such as nationwide lockdowns and stay-at-home regulations, especially in 2020. However, at the same time, even at the peak of the pandemic in 2020, several countries signed large contracts for major arms deals, which increased the demand for electrical weapons in the region, which, in turn, will fuel market growth and it is expected to continue during the forecast period.

What are the Revenue-generating Type Segments in the Electrical Weapons Market?

Electrical Weapons Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The electrical weapons market share growth in the non-lethal segment will be significant during the forecast period. The increasing violence and political instability across the world have resulted in several countries taking precautions and equipping their military and police forces with non-lethal weapons. Furthermore, the COVID-19 pandemic forced governments to impose stay-at-home orders in several countries in 2020. This increased the demand for non-lethal weapons across the world to make sure that people were following the rule imposed.

This report provides an accurate prediction of the contribution of all the segments to the growth of the electrical weapons market size and actionable market insights on the post-COVID-19 impact on each segment.

 

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

Key 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 recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Electrical Weapons Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive electrical weapons market growth during the next five years
  • Precise estimation of the electrical weapons market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electrical weapons industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electrical weapons market vendors

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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

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Electrical Weapons market growth will increase by $9762.18 million during 2022-2026.
              The electrical weapons market is expected to grow at a CAGR of 17.97% during 2022-2026.
              Technavio has segmented the electrical weapons market by geographic (North America, Europe, APAC, Middle East and Africa, and South America).
              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, Textron Inc. are a few of the key vendors in the electrical weapons market.
              North America will register the highest growth rate of 35.8% among the other regions. Therefore, the electrical weapons market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the electrical weapons market growth are:
              • Growing asymmetric warfare across world
              • Growth in battlefield digitization
              The electrical weapons market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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