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Riot Control System Market Trends, Regulations And Competitive Landscape Outlook to 2023: Taser International Manufacturing Company, Combined Systems Inc., The SAFARILAND Group, and Condor Non-lethal Technologies, Lrad Corporation, BAE Systems, Raytheon C

07-01-2019 04:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Worldwide Market Reports

Riot Control System

Riot Control System

The report "Riot Control System Market by End User (Law Enforcement, Military), Product (Offensive Weapons, Defensive Weapons), Technology (Electromagnetic & Sonic Weapons, Kinetic Impact Weapons, Chemical Agents & Others) & Region - Global Forecast to 2023", The riot control system market is estimated to reach USD XX Billion by 2023, at a CAGR of XX% between 2016 and 2023. This growth can be attributed to the increase in ethnic unrest, religious riots, political disputes, and violence against corrupted governments, globally.

Law enforcement plays a vital role in the protection of right to life, safety, and security of an individual. The increasing demand for riot control systems has resulted in growth of the law enforcement segment at a comparatively higher CAGR during the forecast period, primarily owing to huge investments by major players for the development of riot control system for applications including riot control, and cross border control, among others.

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Directed energy weapons market projected to grow at the highest rate during the forecast period

Directed energy weapons is a subsegment of offensive weapons segment of the riot control system market. This market is projected to grow at the highest CAGR during the forecast period following advancement in technologies, such as active denial systems (ADS) or “pain ray”. These technologies are being developed in Asia-Pacific and the U.S. The demand for laser weapons has increased for controlling riots and cross border trespassing.

Asia-Pacific & the Middle East to be the opportunistic markets for riot control systems

The global riot control system market is dominated by North America, as of 2015, owing to technological advancement, and rising incidences of terrorism and civil unrest in the region. However, the Middle East and Asia-Pacific are expected to drive the global riot control system market in the coming years, with the Asia-Pacific market projected to grow at the highest CAGR during the forecast period. This rapid growth of the Asia-Pacific market can be attributed to innovative technology solutions for riot control systems and manufacturing them at the lowest possible cost. The Asia-Pacific market is driven mainly by increasing investments from China, South Korea, and India for the development of multifunctional riot control systems in military as well as for law enforcement applications.

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The major players in this market have been identified to be Taser International Manufacturing Company, Combined Systems Inc., The SAFARILAND Group, and Condor Non-lethal Technologies, Lrad Corporation, BAE Systems, Raytheon Company.

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