Global Smart Gun Market 2018-2022

  • ID: 4517054
  • Report
  • Region: Global
  • 102 pages
  • TechNavio
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FEATURED COMPANIES

  • Armatix
  • Biofire Technologies
  • IDENTILOCK
  • iGUN Technology
  • TriggerSmart Technologies
  • MORE
About Smart Gun

A smart gun is a weapon that has more components than the standard mechanical parts and allows only authorized users to operate the weapon.

The analysts forecast the global smart gun market to grow at a CAGR of 6.86% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global smart gun market for 2018-2022. To calculate the market size, the report considers the revenue generated from the usage of smart guns for applications such as personal defense, hunting, training, and law enforcement.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Smart Gun Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Armatix
  • Biofire Technologies
  • IDENTILOCK
  • iGUN Technology
  • TriggerSmart Technologies
Market drivers
  • Modernization of law enforcement capabilities
  • For a full, detailed list, view the full report
Market challenges
  • Technical constraints with smart gun technology
  • For a full, detailed list, view the full report
Market trends
  • Use of 3D printing technology and composite materials
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Armatix
  • Biofire Technologies
  • IDENTILOCK
  • iGUN Technology
  • TriggerSmart Technologies
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Market sizing 2017
Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: MARKET SEGMENTATION BY TECHNOLOGY

Segmentation by technology
Comparison by technology
RFID – Market size and forecast 2017-2022
Biometrics – Market size and forecast 2017-2022
Market opportunity by technology

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

Geographical segmentation
Regional comparison
Americas – Market size and forecast 2017-2022
EMEA – Market size and forecast 2017-2022
APAC – Market size and forecast 2017-2022
Key leading countries
Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 12: MARKET TRENDS

Use of 3D printing technology and composite materials
Regulatory mandates that restrict unauthorized use of gun technology
Growing concern over individual self-defense

PART 13: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive landscape

PART 14: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
Armatix
Biofire Technologies
IDENTILOCK
iGUN Technology
TriggerSmart Technologies

PART 15: APPENDIX

List of abbreviations
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FEATURED COMPANIES

  • Armatix
  • Biofire Technologies
  • IDENTILOCK
  • iGUN Technology
  • TriggerSmart Technologies
  • MORE
New Report Released:-Global Smart Gun Market 2018-2022

The author of the report recognizes the following companies as the key players in the global smart gun market: Armatix, Biofire Technologies, IDENTILOCK, iGUN Technology, and TriggerSmart Technologies.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the use of 3D printing technology and composite materials. Additive manufacturing or 3D printing is an evolving manufacturing technology that builds products by adding successive layers of materials. It is a computer controlled technology that decreases the lead time taken for the manufacturing of the product. Advancements in 3D printing technology have led to the printing of metals and even composites”

According to the report, one of the major drivers for this market is the modernization of law enforcement capabilities. With growing instances of domestic violence, organized crimes, drugs and arms smuggling, and social unrest, there is a growing need for modernizing law enforcement capabilities. In the current political scenario, the most promising way to save lives by accelerating the adoption of safer firearms.

Further, the report states that one of the major factors hindering the growth of this market is the technical constraints with smart gun technology. Smart guns are installed with various electronic systems, such as sensors and batteries, and any fault in these electrical systems may restrict the gun from firing. Although the arms used for home defense are occasionally used, they must deactivate and operate in the moment of need and such flaws will reduce the reliability on these guns.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Armatix
  • Biofire Technologies
  • IDENTILOCK
  • iGUN Technology
  • TriggerSmart Technologies
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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