Police and Law Enforcement Equipment Market - Global Report 2015-2019
About police and law enforcement equipment
Police and law enforcement agencies utilize equipment such as lethal and non-lethal weapons, body worn cameras, armored vehicles, and communication systems. These help the agencies protect people, maintain peace, and conduct humanitarian missions in third world countries.
Technavio's analysts forecast the global police and law enforcement equipment market to grow at a CAGR of 3.98% over the period 2014-2019.
Covered in this report
The report includes the present scenario and growth prospects of the global police and law enforcement equipment market for the period 2015-2019. The market can be segmented into lethal and non-lethal weapons, surveillance systems, and communication systems.
Technavio's report, Global Police and Law Enforcement Equipment Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global police and law enforcement equipment market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Police and Law Enforcement Equipment Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Police and Law Enforcement Equipment Market: Heckler & Koch, AgustaWestland, Digital Ally, GD and 3M
Other Prominent Vendors in the market are: Aeryon Labs, Brügger & Thomet AG, Lamperd Less Lethal, MD Helicopters, Safariland LLC, and Taser International.
Commenting on the report, an analyst from Technavio’s team said: “The trend of mergers and acquisitions is going to continue over the coming years. They enable vendors to jointly invest in developing a product and to increase their market shares and geographical presence. Also, the increase in defense budgets across various nations has led to an increase in R&D activities. New equipment such as gyroplanes, small unmanned aircraft, Tasers, pepper spray and grenades enable the police and law enforcement agencies to fight criminals and maintain peace.”
According to the report, advances in technology have led to increased demand for non-lethal weapons, such as directed energy weapons, which are utilized for stopping vehicles, and surveillance systems, such as body-worn cameras, which enable the police to record interrogations; therefore, technologically advanced equipment is helping to drive market growth.
Further, the report states that the adoption of new technology has raised serious concerns for the police and law enforcement agencies as the technology soon becomes obsolete. New equipment is required to pass various regulatory norms; the biggest challenges are controlling pollution and the release of harmful substances.
Heckler & Koch, AgustaWestland, Digital Ally, GD, 3M, Aeryon Labs, Brügger & Thomet AG, Lamperd Less Lethal, MD Helicopters, Safariland LLC, Taser International.