Industry Background:
Gunshot detection system I also called a gunfire locator. It is used to detect the presence of gunfire by using sensors including Optical, acoustic and others. It is primarily used due to rising incidences of an open fire in school, colleges, hospitals, and other public places. This is used in law enforcement, security, military, and businesses. There are two types of a gun detection system including indoor and outdoor. Rising dependency on gunshot detection system in a different region will help to boost global gunshot detection market. Moreover, the high demand for a gunshot detection system in smart cities will create huge opportunities in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | SST, Inc. (United System), Raytheon (United States), QinetiQ North America (United States), Shooter Detection System LLC (United States), ACOEM Group (France), Elbit Systems Ltd. (Israel), Databuoy, LLC (United States), ShotSpotter, Inc. (United States), Thales S.A. (France), Battelle Memorial Institute (United States), Rafael Advanced Defense Systems Limited (Israel) and Microchip Technology (United States) |
According to AMA, the market for Gunshot Detection Systems is expected to register a CAGR of 25.12% during the forecast period to 2028. This growth is primarily driven by Growing Incidences of Shooting and Rising Dependency on Gunshot Detection Systems by Law Enforcement Agencies in North America.
Globally, a noticeable market trend is evident Increase in Use of Systems to Reduce the Result of Rival’s Gunfire in Battle Zones
The Aerospace & Defense sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as SST, Inc. (United System), Raytheon (United States), QinetiQ North America (United States), Shooter Detection System LLC (United States), ACOEM Group (France), Elbit Systems Ltd. (Israel), Databuoy, LLC (United States), ShotSpotter, Inc. (United States), Thales S.A. (France), Battelle Memorial Institute (United States), Rafael Advanced Defense Systems Limited (Israel) and Microchip Technology (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global gunshot detection systems market is mainly dominated by Raytheon products, both in military and civilian applications.
Key Developments in the Market:
On 28th August 2018, ShotSpotter, Inc. the leader in gunshot detection solutions that help law enforcement officials identify, locate and deter gun violence has announced that Verizon Communications Inc. has expanded its partnership to include reselling ShotSpotter Flex, the company’s flagship gunshot detection solution, as a stand-alone offering to its customers and On 9th April 2018, Shooter Detection Systems (SDS), a global gunshot detection solutions provider has partnered with STANLEY Security.
In July 2022, IMPD launched a gunshot detection system pilot program on Indy’s east side. There’s a five-square-mile section of the eastside that is more prone to violence than almost any other part of Indianapolis. Increasing detections of gunshots, we’re likely to increase the number of calls for service.
Influencing Trend:
Increase in Use of Systems to Reduce the Result of Rival’s Gunfire in Battle Zones and Growing Incidences of Shootings at School Premises in the Past Couple of Years
Market Growth Drivers:
Growing Incidences of Shooting and Rising Dependency on Gunshot Detection Systems by Law Enforcement Agencies in North America
Challenges:
Technological Challenges in Integration with Command as well as Control Systems and High Cost of False Alarms and Hidden Gunshot Cases
Restraints:
High Installation and Mountainous Cost and Multi-Directional Gunshot Localization Ability
Opportunities:
Fueling Need for Better Security and Safety and Rising Demand for Gunshot Detection System in Smart Cities
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Gunshot Detection Systems Market
- Analysis about New Entrants in Gunshot Detection Systems Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Gunshot Detection Systems Study Sheds Light on
The Gunshot Detection Systems Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Gunshot Detection Systems industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Gunshot Detection Systems industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.