Market Highlights:

The major factors driving the global electroshock weapons market include the adoption of technologically enhanced weapons, and increasing military expenditure by countries, across the globe. Also, the deployment of military in non-combat zones to look after law and order and maintain peace, has also boosted the market growth. However, stringent government regulations, and environmental concerns, are expected to hinder the market growth.

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Segmentation:

As of 2016, North America dominated the global electroshock weapons market, due to technological advancements, and rising incidences of terrorism and civil unrest in the region. However, Asia-Pacific is expected to witness the highest growth during the forecast period. Increasing investments for the development of multifunctional weapons, is expected to drive the market in the region.

Market Research Analysis:

The global electroshock weapons market has been analyzed based on the three segments, namely product type, end-user and regions.

On the basis of product type, the global electroshock weapons market is segmented as direct contact weapons and directed energy weapons. Direct contact weapons account for the largest share, due to the widespread use of such weapons.

Based on end-users, the global electroshock weapons market is bifurcated as military and law enforcement. The rising demand for electroshock weapons has boosted the growth of law enforcement segment. The law enforcement agencies help in maintaining peace and protecting the civilians. The electroshock weapons are majorly used when defendants are out of control, in order to avoid injury to officers in close contact situations.

Key Players:

The key players of the global electroshock weapons market are Axon, OBERON-ALPHA, MARCH GROUP LTD., Safariland, LLC, and TBOTECH Safety & Security, LLC. In 2016, the top 5 players accounted for XX% share in global electroshock weapons market.

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