Enjoy complimentary customisation on priority with our Enterprise License!
The electrical weapons market size is forecast to increase by USD 7.51 billion, at a CAGR of 14.8% between 2023 and 2028. The market is experiencing significant growth due to several key trends and factors. Asymmetric warfare continues to rise globally, leading to increased demand for electrical weapons in military applications. Additionally, the digitization of battlefields is driving the market, as electrical weapons offer advanced capabilities such as precision targeting and remote control, often enhanced by technologies like infrared (IR) systems and satellite communications (Satcom). However, the market is also faced with challenges from stringent regulatory norms related to the use of electrical weapons. These regulations aim to ensure the ethical and humane use of military technology, which can impact the market's growth trajectory. Despite these challenges, the electrical weapons market is expected to continue expanding due to the growing need for advanced military technology in defense and security applications.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.