Market Size of US Conducted Energy Weapons Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 657.12 Million |
| Market Size (2029) | USD 888.13 Million |
| CAGR (2024 - 2029) | 6.21 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Conducted Energy Weapons Market Analysis
The US Conducted Energy Weapons Market size is estimated at USD 657.12 million in 2024, and is expected to reach USD 888.13 million by 2029, growing at a CAGR of 6.21% during the forecast period (2024-2029).
The US CEW market was mildly impacted by the COVID-19 pandemic. The defense sector showed steady growth during the pandemic due to the increased expenditures from defense forces and a rising focus on enhancing defense capabilities. Weapons procurement contracts were delayed in the first half of 2020, but relaxations in government regulations and the growing adoption of CEWs are driving the post-pandemic market growth.
CEWs deliver an electrical current that interferes with the body's neuromuscular system, temporarily disrupting voluntary muscle control. This effect can render a suspect temporarily immobilized and make it easier for officers to gain control of the situation. It is intended to be temporary and wears off once the electrical current ceases. Compared to other physical force options, CEWs can reduce the risk of injury to both suspects and officers. Alternative methods of controlling a combative or resistant individual, such as physical strikes or wrestling, can result in severe injuries for both parties. Electroshock weapons can help minimize physical altercations and the associated risk of harm.
CEWs also provide law enforcement officers with a means to control individuals from a distance. Tasers, for example, can shoot projectiles that deliver an electrical shock, allowing officers to neutralize threats without direct physical contact. This can be particularly useful when dealing with potentially dangerous or armed individuals.
US Conducted Energy Weapons Industry Segmentation
Conducted energy weapons (CEWs) are considered to be less lethal alternatives to firearms. These weapons are designed to incapacitate a person temporarily without causing significant injury or death. Thus, these weapons can be effective in subduing individuals who are armed, violent, or resisting arrest. By temporarily immobilizing suspects, these weapons can prevent further harm to officers, suspects, and bystanders.
The US conducted energy weapons (CEWs) market is segmented by type, equipment type, and end user. By type, the market is segmented into stun gun, taser, and stun baton. By equipment type, the market is segmented into weapons and cartridges. By end user, the market is segmented into law enforcement agencies and personal use. The market sizing and forecasts have been provided in terms of value (USD).
| Type | |
| Stun Gun | |
| Taser | |
| Stun Baton |
| Equipment Type | |
| Weapons | |
| Cartridges |
| End User | |
| Law Enforcement Agencies | |
| Personal Use |
US Conducted Energy Weapons Market Size Summary
The US Conducted Energy Weapons (CEW) market is poised for significant growth over the forecast period, driven by increasing demand from law enforcement agencies and the rising need for non-lethal options in crowd control and security situations. CEWs, which deliver electrical currents to temporarily disrupt voluntary muscle control, offer a safer alternative to physical force, reducing the risk of injury to both suspects and officers. The market's expansion is supported by the growing adoption of advanced stun guns and other CEW technologies, as well as the need for effective tools to manage civil unrest and protests. The market's resilience during the COVID-19 pandemic, with steady growth in the defense sector, further underscores its potential.
The market landscape is characterized by a few key players, such as Axon Enterprises Inc., Streetwise Security Products, and PhaZZer LLC, who hold significant shares and are actively investing in innovative solutions. The introduction of advanced models, like the TASER 10, highlights the industry's focus on enhancing safety and effectiveness. The procurement of new technologies by law enforcement agencies, as seen in recent contracts and purchases, reflects a broader trend towards modernizing equipment to address contemporary security challenges. This consolidation and innovation within the market are expected to drive continued growth and adoption of CEWs across the United States.
US Conducted Energy Weapons Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Stun Gun
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2.1.2 Taser
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2.1.3 Stun Baton
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2.2 Equipment Type
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2.2.1 Weapons
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2.2.2 Cartridges
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2.3 End User
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2.3.1 Law Enforcement Agencies
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2.3.2 Personal Use
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US Conducted Energy Weapons Market Size FAQs
How big is the US Conducted Energy Weapons Market?
The US Conducted Energy Weapons Market size is expected to reach USD 657.12 million in 2024 and grow at a CAGR of 6.21% to reach USD 888.13 million by 2029.
What is the current US Conducted Energy Weapons Market size?
In 2024, the US Conducted Energy Weapons Market size is expected to reach USD 657.12 million.
