Global Stun Gun Market Is Estimated To Witness Significant Growth Owing To Increasing Concern For Personal Safety And Growing Law Enforcement And Military Applications
Overview:
Stun
Gun is an excellent self-defense weapon, only
if it is used correctly. It is important to read the instructions that come
with stun gun carefully to ensure safe and correct use. Stun guns work by
sending a high voltage electrical charge directly onto an assailant. The current
and duration of this charge make them very effective in disabling an attacker
for a short time, giving enough time to escape or call the police. A stun gun
is best used on a large muscle group, such as the chest or stomach. It will
take longer to stun an attacker than if aimed for smaller areas. While buying a
stun gun look for a battery that is high-quality and durable. Also, make sure
to pick a model that fits needs and has the needed features. A stun gun that
has a flashlight can be helpful in nighttime situations. It's also a good idea
to practice with the stun gun and find out what works best.
Market
Dynamics:
Rising technological
advancements are estimated to augment growth of the global Stun
Gun Market over the
forecast period. For instance, Sabre
Corporation unveils their first AI powered product in November
2020. The Company is working with Google, and is developing technology that
will have advanced machine learning (ML) capabilities, and a scalable retail
engine powered by AI technology. Moreover, growing strict regulations and legal restrictions are anticipated
to restrain growth of the global stun gun market over the forecast period.
Impact
of COVID-19:
The
pandemic had a negative influence on the global Stun Gun Market. During
the pandemic there was an increase in number of crime rates in few regions.
This led to increase in demand for self-defense weapons. Whereas, the
manufacturing units were shut down owing to strict lockdowns in many regions.
This hampered the production and led to shortage of raw materials. The supply
chains were also disrupted during the pandemic. Thus, the increased demand
could not be met owing to large number of challenges faced by manufacturers.
This hampered the growth of the global stun gun market during the pandemic.
Key
Takeaways:
The global Stun Gun Market is expected to witness high growth, exhibiting CAGR of 8.0 % over the forecast period, due to growing product launches. For instance, a public safety technology leader Axon Enterprise Inc., announced the launch of the TASER 10 energy weapon in January 2023. This is the most effective, accurate, and sophisticated energy weapon till date.
Asia Pacific is anticipated to witness significant growth in the global stun gun market over the forecast period, owing to growing population and increasing violent crimes.
Major players operating in the global stun gun market
are O-Mega Stun Guns, Axon Enterprise, Inc.,
Sabre Red, Shenzhen Jingfeng Technology Co., Ltd., SABRE Security Equipment
Corporation, Shenzhen Senxunda Electronic Technology Co. Ltd, Nova Security
Group, MARCH Group Ltd, and VIPERTEK.
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