Gunshot Detection System Market
The Gunshot Detection System Market was valued around USD 510 million in 2019, and it is expected to reach USD 1,070 million by the end of 2027, growing at a CAGR of 9.7% over the forecast period (2020-2027).
The factors driving the growth of Gunshot Detection System Market includes increasing use of gunshot detectors by the law enforcement and security agencies, rise in the number of gun shootings at the schools, colleges, and universities. According to the report published by the National Center for Education Statistics, the casualties from gun shootings in the schools of Untied States has increased from 11 in 2009 to 93 in 2021, which is expected to boost the demand for gunshot detection systems in the U.S. in the approaching years. Moreover, increasing Government’s expenditure on the construction of smart cities, rise in terrorism activities and increasing use of gunshot detection system for gathering forensic evidence which can be used in investigations, are some of the additional factors supplementing the Gunshot Detection System Market size. In addition, growing adoption of advanced security systems, increasing investments by the leading players on research and development, rising attempts of illegal immigration and infiltration, rapid urbanization and rising disposable incomes, are further contributing to the market growth.
However, the growth of Gunshot Detection System Market is hindered due to high installation cost of detection systems.
The prominent players operating in the market are Battelle Memorial Institute, Safety Dynamics, Inc., Louroe Electronics, ACOEM Group, Shooter Detection Systems LLC, Tracer Technology Systems, Inc., Databuoy Corporation, Elta Systems Ltd., Rafael Advanced Defense Systems Ltd., SST, Inc. (Shotspotter) and Microflown Avisa B.V., among others.
System: Segment Analysis
Based on System, Outdoor segment is expected to expand at a significant CAGR during the forecast period. The vehicle mounted gunshot detection systems can sense gunshots in less than 1/4 second and increases the chances of survivability of the victim, is the major factor responsible for the segment’s growth.
Application: Segment Analysis
Based on Application, the Commercial segment is anticipated to capture a sizeable market share over the forecast period attributed to increasing deployment of advanced gunshot detection systems in the smart cities.
Regional: Segment Analysis
As per the Gunshot Detection System Market Research Report, the North American region is estimated to expand at a remarkable CAGR during the forecast period. Increasing Government’s expenditure on the public sector, high budget allocated to the defense forces, rise in the deployment of gunshot detectors at the schools and universities and high per capita incomes, are some of the important factors augmenting the market growth in North America.
Market Segmentation
Global Gunshot Detection System Market by Installation
- Fixed Installations
- Soldier Mounted
- Vehicle Installations
Global Gunshot Detection System Market by Application
- Commercial
- Public Safety
- Education
- Defense
- Air Force
- Military
Global Gunshot Detection System Market by Solution
- Systems
- SaaS
Global Gunshot Detection System Market by System
- Indoor
- Outdoor
Global Gunshot Detection System Market by Technology
- Optical Acquastic
- Infra-Red Acquastic
Global Gunshot Detection System Market by Region
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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