Global Gunshot Detection Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global gunshot detection systems market in its upcoming report titled, “Global Gunshot Detection Systems Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global gunshot detection systems market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global gunshot detection systems market report has been segmented on the basis of product type, installation, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Gunshot detection systems are systems used for detecting of shot fired by any weapon with the use of optical, acoustic, and various types of sensors. This system is divided into three parts – sensors and microphones, processing unit, and user interface display. For coverage of area, these systems are placed at least 30 feet above the ground at specific location such as building, street lights, poles, etc. Gunshot detection systems are commonly used for military, law enforcement agencies for security purposes.
Increasing adoption of gunshot detection systems by law enforcement agencies, owing to rising security concerns is a major factor driving growth of the global gunshot detection system market. Rising number of mass shooting incidents in government offices, hospitals, educational institutions is resulting into increasing demand for surveillance and security equipment. In addition, rising treats of terrorist activities is another factor increasing preference of government institutions towards gunshot detection system market. Furthermore, growing use of these systems at border and war zone areas for reducing number of casualties has proven to be extremely effective. Increasing installations of gunshot detection systems in major cities and politically important locations is another factor expected to boost growth of the global market over the forecast period.
However, high cost of the equipment may hamper growth of the global market. Nevertheless, development of cost-effective gunshot detection systems and its installation in smart cities can create high revenue opportunities for players in the global gunshot detection systems market.
Currently, North America market accounts for largest share in terms of revenue and is expected to register lucrative growth over the forecast period, owing to increasing number of shooting incidents in public places, concerts, schools, banks, etc. in this region. Lack of gun control laws, coupled with rising number of criminal activities related to firearms is another factor propelling growth of the target market in this region. Increasing availability of various types of gunshot detection systems to different law enforcement agencies, owing to presence of key manufacturers is also a factor boosting market growth in North America region. Europe market is expected to account for second highest share in terms of revenue, owing to increasing demand for gunshot detection system in this region.
Global Gunshot Detection Systems Market Segmentation:
Segmentation by product type:
Segmentation by installation:
- Vehicle Mounted
Segmentation by application:
- Civil Law Enforcement Agencies
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- ShotSpotter, Inc.
- Raytheon BBN Technologies Corporation company
- QinetiQ North America, Inc.
- Shooter Detection Systems LLC
- ACOEM Group
- Thales Group
- Battelle Memorial Institute, Inc.
- Louroe Electronics, Inc.
- Safety Dynamics Inc.
- Databuoy, LLC
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