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India Radar Speed Gun Market

India Radar Speed Gun Market

India Radar Speed Gun Market - By Product Type (Handheld, Fixed Mounted, Remote Mounted); By End Use (Automotive, Sports, Transportation, Government, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: April 2023
  • Report ID: BWC23283
  • Available Format: PDF
  • Page: 240

Report Overview

An increasing focus on the prevention of fatal road accidents, growing popularity of projectile-based sports, huge defense investments in radar technology, and innovations to increase industrial use could boost the growth of India Radar Speed Gun Market during the forecast period between 2023 and 2029.

India Radar Speed Gun Market – Industry Trends & Forecast Report, 2029

India radar speed gun market size is projected to grow at a CAGR of 4.22% during the forecast period between 2023 and 2029. RADAR speed guns are currently most popular in the Indian market. These guns are widely used in a variety of applications. They will remain the largest contributor to the overall market far beyond the forecast period. Because of the variety of applications for which they are used, hand-held RADAR guns have contributed more to the market to date. Table-top RADAR guns are used for industrial applications as opposed to hand-held RADAR guns used for traffic control.

India Radar Speed Gun Market - Overview

Law enforcement agencies and traffic police widely use radar speed guns to monitor and enforce speed limits on roads, highways, and other public spaces. The market is dominated by major players offering advanced radar speed guns with features, such as high accuracy, digital signal processing, and real-time data capture. The Indian government has also implemented various initiatives to improve road safety, such as the implementation of automated traffic enforcement systems. It is expected to further boost the demand for radar speed guns in India.

Growth Drivers

Growing popularity of projectile-based sports

Sports usage of RADAR guns to measure how quickly a ball has been thrown or delivered is another important application. Every sportsperson's sports data is now kept on file so that they can improve with practice and in upcoming competitions. RADAR weapons aid in the training and improvement of these athletes. RADAR guns have been used by the defense industry to measure projectile speed. They are also employed at firing ranges to assess the efficiency of the projectiles fired there.

Restraints

Limited Range of Radar Systems

The Radar system's restricted range is one of the main challenges limiting the market expansion. The radar speed gun can only send signals to the radar detector mounted in the car within a certain range, which further reduces passenger safety while driving. The radar speed gun can measure the speed of cars within this range. This restricts the market expansion for radar speed guns.

Impact of COVID-19 on India Radar Speed Gun Market

COVID-19 pandemic had a detrimental impact on the growth of India radar speed gun market. With the outbreak of the novel coronavirus infection and the subsequent lockdowns and restrictions, there was a reduction in traffic on the country’s roads, leading to a decline in demand for radar speed guns. The closure of factories and disruptions in supply chains also affected the production and availability of these devices. Law enforcement agencies and traffic police personnel were diverted to COVID-19 lockdown related duties, resulting in a decrease in the number of personnel available for traffic management.

As restrictions have eased and traffic has started to pick up, there has been a gradual recovery in demand for radar speed guns. The increasing emphasis on road safety in the wake of the pandemic, coupled with the implementation of automated traffic enforcement systems, has further boosted demand for these devices. Some manufacturers have also adapted to the changing market conditions by introducing new products and technologies, such as contactless radar guns and software-based solutions, which cater to the changing needs of the market. Overall, while the pandemic had an initial negative impact on the radar speed gun market in India, the market is expected to recover and continue its growth trajectory in the coming years.

India Radar Speed Gun Market

Segmental Coverage

India Radar Speed Gun Market - By Product Type

On basis of product type, India radar speed gun market is divided into Handheld, Fixed Mounted, and Remote Mounted. The handheld segment holds the highest market share. Hand-held units are typically battery-powered and used as stationary speed enforcement tools. Stationary radar, which may have one or two antennae, can be mounted in police vehicles. Moving radar is used when a police vehicle is in motion and can be very sophisticated, tracking vehicles approaching and receding, both in front of and behind the patrol vehicle and tracking multiple targets at once. It can also track the fastest vehicle in the selected radar beam, whether it is in the front or rear.

India Radar Speed Gun Market - By End Use

On the basis of end use, India radar speed gun market is segmented into Automotive, Sports, Transportation, Government, and others. Among them, the transportation segment dominates the market share. Traffic police utilize radar speed guns to monitor the speed of moving motorcycles, cars, and trucks. This enables drivers to easily adjust their speed, which reduces the likelihood of collisions and blind spot crashes. So, it is expected that increasing the use of radar guns will improve traffic safety, thereby lowering the number of accidents on the road.

India Radar Speed Gun Market Size

Competitive Landscape

Major players in the India radar speed gun market are Amrutha Technologies, Mangal Security Products, GVTel Communication Systems, SunDigital Corporation, Intozi Tech Private Limited, GANM (INDIA) IMPEX., Hariwill Electronics India Pvt. Ltd., Asko International, Shreeji Instruments, ULTRAMIND TECHNOLOGIES INDIA PVT. LTD., and Other Prominent Players. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

  • In September 2021 - Laser Technology Inc. (LTI) launched "Laser Cam 4" speed enforcement system, a next-generation radar speed gun that uses advanced laser technology to accurately measure speed and distance. Laser Cam 4, integrated with LTI's TruSpeed Sxb radar, is equipped with a high-resolution camera to capture images and videos of the vehicle and license plates of the violators, which can be used as evidence for law enforcement.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Million

Market Coverage

India

Product/ Service Segmentation

Product Type, End Use 

Key Players

Amrutha Technologies, Mangal Security Products, GVTel Communication Systems, SunDigital Corporation, Intozi Tech Private Limited, GANM (INDIA) IMPEX., Hariwill Electronics India Pvt. Ltd., Asko International, Shreeji Instruments, ULTRAMIND TECHNOLOGIES INDIA PVT. LTD.

 

By Product Type

  • Handheld

  • Fixed Mounted

  • Remote Mounted

By End Use

  • Automotive

  • Sports

  • Transportation

  • Government

  • Others

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Radar Speed Gun Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Increasing road accidents
        2. Growing popularity of projectile-based sports
        3. Huge defense investments in radar technology
      2. Restraints
        1. Limited Range of Radar system
        2. Safety risks associated with false reporting
      3.  Opportunities
        1. Innovations to increase industrial use
      4. Challenges
        1. Decline in new automobiles due to COVID-19 impact
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Radar Speed Gun Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
      2. Market Share and Forecast
      3. By Product Type
        1. Handheld
        2. Fixed Mounted
        3. Remote Mounted
      4. By End Use
        1. Automotive
        2. Sports
        3. Transportation
        4. Government
        5. Others
  5. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Radar Speed Gun Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  6. Impact of Covid-19 on India Radar Speed Gun Market
  7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Amrutha Technologies
    2. Mangal Security Products
    3. GVTel Communication Systems
    4. SunDigital Corporation
    5. Intozi Tech Private Limited
    6. GANM (INDIA) IMPEX.
    7. Hariwill Electronics India Pvt. Ltd.
    8. Asko International
    9. Shreeji Instruments
    10. ULTRAMIND TECHNOLOGIES INDIA PVT. LTD.
    11. Other Prominent Players
  8. Key Strategic Recommendations
  9. Research Methodology
    1.  Qualitative Research
      1.  Primary & Secondary Research
    2.  Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

 

List of Figures

Figure 1       India Radar Speed Gun Segmentation

Figure 2       India Radar Speed Gun Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       India Radar Speed Gun Market Size, By Value (USD Million), 2019–2029

Figure 5       India Radar Speed Gun Market Share, By Type, By Value, 2019–2029

Figure 6       India Radar Speed Gun Market Share, By End-Use, By Value, 2019–2029

         

List of Tables

 

Table 1        India Radar Speed Gun Market Size, By Product Type, By Value, 2019–2029

Table 2        India Radar Speed Gun Market Size, By End-Use, By Value, 2019–2029

Table 3        Amrutha Technologies Company Overview

Table 4        Amrutha Technologies Financial Overview

Table 5        Mangal Security Products Company Overview

Table 6        Mangal Security Products Financial Overview

Table 7        GVTel Communication Systems Company Overview

Table 8        GVTel Communication Systems Financial Overview

Table 9        SunDigital Corporation Company Overview

Table 10      SunDigital Corporation Financial Overview

Table 11      Intozi Tech Private Limited Company Overview

Table 12      Intozi Tech Private Limited Financial Overview

Table 13      GANM (INDIA) IMPEX. Company Overview

Table 14      GANM (INDIA) IMPEX. Financial Overview

Table 15      Hariwill Electronics India Pvt. Ltd. Company Overview

Table 16      Hariwill Electronics India Pvt. Ltd. Financial Overview

Table 17      Asko International Company Overview

Table 18      Asko International Financial Overview

Table 19      Shreeji Instruments Company Overview

Table 20      Shreeji Instruments Financial Overview

Table 21      ULTRAMIND TECHNOLOGIES INDIA PVT. LTD. Company Overview

Table 22      ULTRAMIND TECHNOLOGIES INDIA PVT. LTD. Financial Overview

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: The transportation segment holds the highest market share in the India Radar Speed Gun Market by end-use industry.
Ans: India Radar Speed Gun Market size is expected to grow at a CAGR of 4.22% during the forecast period (2023–2029).
Ans: Major factors driving the growth of India Radar Speed Gun Market include increasing road accidents, growing popularity of projectile-based sports, huge defense investments in radar technology, and innovations to increase industrial use.
Ans: Key players in India Radar Speed Gun Market include Amrutha Technologies, Mangal Security Products, GVTel Communication Systems, SunDigital Corporation, Intozi Tech Private Limited, GANM (INDIA) IMPEX., Hariwill Electronics India Pvt. Ltd., Asko International, Shreeji Instruments, and ULTRAMIND TECHNOLOGIES INDIA PVT. LTD.
Ans: The Handheld segment accounts for the highest market share in the India Radar Speed Gun Market by product type.
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