Press release
Empowering Public Safety with Advanced Riot Control Systems
According to The Business Research Company's, The riot control system market size has grown strongly in recent years. It will grow from $10.73 billion in 2023 to $11.38 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to proliferation of digital devices, smartphone and tablet adoption, consumer electronics growth, mobile app storage, gaming console expansion, increase in data storage needs..
The riot control system market size is expected to see strong growth in the next few years. It will grow to $14.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to automotive applications, cybersecurity and data privacy, rising demand for wearable devices, expanded use in industrial settings, environmentally friendly materials.. Major trends in the forecast period include advancements in speed and performance, security features and encryption, integration of smart technologies, market consolidation and partnerships, cloud storage complement..
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Market Drivers and Trends:
Increased regional violence is expected to propel the growth of the riot control system market going forward. Regional violence is a conflict between two or more collective actors within a specific geographical space. Riot control systems aid in the deployment, movement, and support of police officers in order to put an end to violence. Furthermore, the number of incidents of communal violence and protests has increased the prevalence of regional violence. For instance, according to the Armed Conflict Location and Event Data Project (ACLED), a US-based non-governmental organization specializing in disaggregated conflict data collection, analysis, and crisis mapping, white supremacy, and white nationalism drove 21% of far-right demonstrations in 2022, up from 15% the prior year. Furthermore, 14% of far-right demonstrations in 2022 were anti-LGBT+, up from 3% the preceding year. Therefore, the increasing regional violence is driving the growth of the riot control system market.
Product innovations are a key trend for gaining popularity in the riot control system market. Major companies operating in the riot control system are focused on developing innovative solutions to strengthen their position in the market. For instance, in February 2021, Safariland LLC, a US-based manufacturer of personal protective equipment, introduces two enhanced armor systems: the SHIFT 360 scalable plate rack system and the FAV (Fast Attack Vest). These new armor systems provide even more flexibility to the individuals who serve. The package offers maneuverability and adaptable, user-customizable coverage for the most extreme threats, as well as life-saving protection for those who prioritize speed. The third-generation scalable plate rack system in SHIFT 360 and the Gen 3 FAV soft armor ballistic coverage for the front, back, shoulder, and sides distinguish these products.
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Major Key Players of the Market:
AMTEC Less-Lethal Systems Inc.; Armament Systems And Procedures Inc.; BAE Systems plc; Combined Systems Inc.; Condor Non-Lethal Technologies Inc.; Dae-Kwang Chemical Co. Ltd.; Eagle Industries Inc.; Genasys Inc.; Katmerciler Savunma Sanayi A.S.; Lamperd Less Lethal Inc.; NonLethal Technologies Inc.; Raytheon Technologies Corporation; Streit Group FZE; The Safariland Group; Axon Enterprise Inc.; 3A Composites; LRAD Corporation; Taser International Inc.; Uintech Ltd.; Desert Wolf Ltd.; PACEM Defense LLC; Safariland LLC; Retractable Technologies; PPG Industries Inc.; ArmorSource LLC; Honeywell International Inc.; Shooting Supplies Inc.; Allegheny Technologies Inc.; CeraShield; General Electric Company
Riot Control System Market 2024 Key Insights:
• The riot control system market will grow to $14.29 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%.
• The Surge In RIOT Control Systems Amid Escalating Regional Violence
• Safariland's Revolutionary RIOT Control Solutions
• North America was the largest region in the riot control system market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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