GLOBAL RADAR SPEED GUN MARKET ANALYSIS
Global Radar Speed Gun Market: Competitive Landscape
Major players operating in the global radar speed market include RCSpeeds, Stalker Radar, Geolux d.o.o, Escort Ltd, Mangal security products, Decatur Electronics Inc., Gvtel Communication System, M R Communications, Shenzhen Lutu Technology Co., LTD, rockymountainradar, and Ultra Mind Technologies India Pvt. Ltd.
The major players in the global speed gun market are adopting product development strategies, which further help increase their product offerings for customers, thus helping the company retain its competitive position in the market. For instance, in October 2017, Escort launched the Escort Max 360c Radar Detector, which is incorporated with Wi-Fi technology. This technology automatically updates the firmware and RLC/Speedcam database, which in turn improves performance of the vehicle and does not misguide the driver while driving.
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