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Gunshot Detection System Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
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Gunshot Detection System Market
1. Gunshot Detection System Market Overview
A gunshot detection system is a technology that can detect, locate, and classify gunshots in real time. It is used in a variety of settings, including law enforcement, military, and commercial security.

The global gunshot detection system market was valued at $2.1 billion in 2018 and is expected to grow to $3.4 billion by 2025, at a CAGR of 7.8%.

Factors driving the growth of the gunshot detection system market include the increasing number of mass shootings and terrorist attacks around the world, the need for improved public safety, and the development of new technology.

The market is segmented by product type, application, and geography.

By product type, the market is divided into acoustic, optical, and radar-based systems. Acoustic systems are the most popular type of gunshot detection system, accounting for over 60% of the market.

By application, the market is classified into law enforcement, military, commercial security, and others. Law enforcement is the largest application segment, followed by military.

The geographic segments include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America is the largest market for gunshot detection systems, followed by Europe. The growth of the market in North America is driven by the increasing number of mass shootings in the US, the implementation of gun control measures, and the increasing use of technology in law enforcement.

Some of the key players in the gunshot detection system market include ShotSpotter, Inc., Raytheon Company, SST, Inc., Northrop Grumman Corporation, and Lockheed Martin Corporation.

2. Gunshot Detection System Market Drivers
The global gunshot detection system market is expected to grow at a CAGR of around 13% during the forecast period of 2020-2025. The increasing instances of mass shootings and terrorist activities are the major factors driving the growth of the market.

According to the National Safety Council, there were 38,658 gun deaths in the United States in 2019. This was an increase of over 5% from the previous year. Moreover, mass shootings have been on the rise in the country in recent years. For instance, there were 417 mass shootings in the United States in 2019, as per the Gun Violence Archive. This was a significant increase from the 382 mass shootings reported in 2018. Such instances are expected to fuel the demand for gunshot detection systems in the country.

In addition, the global market is being driven by the increasing instances of terrorist activities across the world. Terrorist organizations such as ISIS and Al-Qaeda have been using firearms to carry out attacks in various parts of the world. This has resulted in a growing demand for gunshot detection systems from governments and law enforcement agencies.

The rising instances of gun violence and terrorism are expected to continue driving the growth of the global gunshot detection system market in the coming years.

3. Gunshot Detection System Market Restraints
The global gunshot detection system market is expected to grow at a CAGR of over 20% during the forecast period of 2019-2024. The key restraining factors for the growth of this market are the high cost of these systems and the lack of awareness about these systems.

The high cost of gunshot detection systems is one of the major restraining factors for the growth of the market. These systems are generally installed in high-security areas such as government buildings, airports, and military bases. The installation and maintenance of these systems is a costly affair.

The lack of awareness about gunshot detection systems is another major factor restraining the growth of the market. These systems are not widely used in commercial and residential applications due to the lack of awareness about their benefits.

4. Gunshot Detection System Market Opportunities
The global gunshot detection system market was valued at USD 1.03 billion in 2019 and is expected to reach USD 2.13 billion by 2025, at a CAGR of 14.6% during the forecast period. The major factors driving the growth of the market are the increasing need for public safety, the growing number of mass shootings, and the increasing adoption of these systems by law enforcement agencies.

Gunshot detection systems are mainly used by law enforcement agencies and the military to detect, locate, and track gunfire in real-time. These systems use a combination of sensors, such as acoustic, infrared, and optical sensors, to detect and locate the source of gunfire. The information collected by the sensors is processed and analyzed by algorithms to provide real-time data to the law enforcement agencies, which helps them to respond quickly to the incident.

There has been a significant increase in the number of mass shootings in recent years. According to the Gun Violence Archive, a nonprofit organization that tracks gun violence in the United States, there were 417 mass shootings in the US in 2019, which is the highest ever recorded in a single year. The increasing number of mass shootings is a major factor driving the growth of the gunshot detection system market.

The growing need for public safety is another major factor driving the growth of the gunshot detection system market. These systems are increasingly being adopted by law enforcement agencies and the military to protect people from active shooters. The systems help law enforcement agencies to respond quickly to the incident and save lives.

The increasing adoption of these systems by law enforcement agencies is a major factor driving the growth of the gunshot detection system market. These systems are adopted by law enforcement agencies to protect people from active shooters. The systems help law enforcement agencies to respond quickly to the incident and save lives.

The major players in the gunshot detection system market are Northrop Grumman Corporation (US), Raytheon Company (US), Lockheed Martin Corporation (US), SST Inc. (US), and Shooter Detection Systems LLC (US).

The Northrop Grumman Corporation is a leading player in the gunshot detection system market. The company offers a wide range of products and services

5. Gunshot Detection System Market Size
Introduction

With the increase in gun violence, there is a growing need for law enforcement agencies and private security companies to have access to technology that can help them detect and respond to shootings. The gunshot detection system market is expected to grow in the coming years as more agencies look to adopt these systems.

What is a Gunshot Detection System?

A gunshot detection system is a technology that is used to detect and locate the source of a gunshot. The system uses a network of sensors to triangulate the location of the shot and then sends an alert to law enforcement. The system can also be used to provide information on the type of gun that was used and the number of shots fired.

There are a number of different types of gunshot detection systems on the market, but they all share a common goal: to help law enforcement agencies respond quickly and effectively to shootings.

What are the benefits of a Gunshot Detection System?

There are a number of benefits of using a gunshot detection system. The most obvious benefit is that it can help law enforcement agencies respond quickly to active shooter situations. In many cases, the faster law enforcement can respond to a shooting, the more lives can be saved.

Another benefit of gunshot detection systems is that they can help law enforcement agencies collect data on shootings. This data can be used to help identify patterns and trends in gun violence. This information can then be used to help prevent future shootings.

The final benefit of using a gunshot detection system is that it can help improve the safety of the community. By helping law enforcement agencies respond quickly to shootings, the risk of innocent bystanders being hurt or killed is reduced.

What is the future of the Gunshot Detection System market?

The future of the gunshot detection system market is bright. With the increase in gun violence, there is a growing need for these systems. Additionally, as law enforcement agencies become more familiar with the technology, they are more likely to adopt it.

One trend that is likely to continue is the development of more sophisticated systems. These systems will be able to provide more information to law enforcement agencies, including the type of gun that was used and the number

6. Gunshot Detection System Market Forecast
The global gunshot detection system market size is expected to reach USD 1.63 billion by 2025, according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 9.5% during the forecast period. Increasing incidents of mass shootings and terrorist activities are anticipated to drive the market.

Gunshot detection systems are used to detect, locate, and classify gunfire in real-time. These systems help law enforcement agencies and security personnel to respond quickly to active shooter situations. The systems are also used in military applications.

The market is segmented on the basis of component, technology, end use, and geography.

On the basis of component, the market is divided into hardware, software, and services. Hardware includes sensors, cameras, and processors. Software includes analysis and decision support software. Services include installation, deployment, and maintenance services.

On the basis of technology, the market is classified into acoustic, optical, radar, and infrared. Acoustic technology is projected to be the largest segment during the forecast period.

On the basis of end use, the market is bifurcated into commercial, residential, industrial, and military & defense. The commercial segment includes office buildings, retail stores, educational institutions, and healthcare facilities. The residential segment is anticipated to be the fastest growing during the forecast period.

On the basis of geography, the market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to be the largest market during the forecast period.

The key players in the market are SST, Inc.; Shooter Detection Systems, LLC; Raytheon Company; Rheinmetall AG; and QinetiQ Group plc.

LIST OF KEY COMPANIES PROFILED:

    • ACOEM Group (France)
    • Databuoy Corporation (The U.S.)
    • IAI (Israel)
    • Louroe Electronics (The U.S.)
    • QinetiQ (The U.S.)
    • Raytheon Company, a Raytheon Technologies company (The U.S.)
    • Rheinmetall AG (Germany)
    • Safety Dynamics, Inc. (The U.S.)
    • ShotSpotter Inc. (The U.S.)
    • Thales Group (France)
    • Tracer Technology Systems, Inc. (The U.S.)

Report Scope & Segmentation

 

  ATTRIBUTE

 

 

DETAILS

 

 

Study Period

 

 

2017-2028

 

 

Base Year

 

 

2020

 

 

Forecast Period

 

 

2021-2028

 

 

Historical Period

 

 

2017-2019

 

 

Unit

 

 

Value (USD Million)

 

 

Segmentation

 

 

Installation; Application; System and Geography

 

 

By Installation

    • Fixed Installation
    • Soldier Mounted
    • Vehicle Installation
 

By Application

    • Commercial
    • Defense
 

 

 

 

By System

    • Indoor
    • Outdoor
 

By Geography

 

 

 

 

    • North America (By Installation, Application, System, and Country)
        • The U.S.

       

        • Canada

       

    • Europe (By Installation, Application, System, and Country)
        • The U.K.

       

        • Germany

       

        • France

       

        • Russia

       

        • Rest of Europe

       

    • Asia-Pacific (By Installation, Application, System, and Country)
        • China

       

        • India

       

        • Japan

       

        • Australia

       

        • Rest of Asia-Pacific

       

    • Rest of the World (By Installation, Application, System, and Sub-Region)
        • The Middle East & Africa

       

        • Latin America

       

 

By Installation

    • Fixed Installation
    • Soldier Mounted
    • Vehicle Installation
 

By Application

    • Commercial
    • Defense
 

By System

    • Indoor
    • Outdoor
    • ACOEM Group (France)
    • Databuoy Corporation (The U.S.)
    • IAI (Israel)
    • Louroe Electronics (The U.S.)
    • QinetiQ (The U.S.)
    • Raytheon Company, a Raytheon Technologies company (The U.S.)
    • Rheinmetall AG (Germany)
    • Safety Dynamics, Inc. (The U.S.)
    • ShotSpotter Inc. (The U.S.)
    • Thales Group (France)
    • Tracer Technology Systems, Inc. (The U.S.)

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