Detection System of Gunshot Market 2019 Size: Industry Share, Trends, Growth, Analysis, Emerging Opportunities, Comprehensive Research Study, SWOT Analysis and Forecast till 2023

Detection System of Gunshot Market 2019 Size: Industry Share, Trends, Growth, Analysis, Emerging Opportunities, Comprehensive Research Study, SWOT Analysis and Forecast till 2023

“Gunshot Detection System”
Global Gunshot Detection System Market Research Report Segmentation, Challenges, Information by Installation Type (Fixed System, Portable System, Vehicle Mounted System), by Product Type (Indoor, Outdoor), by End-User (Homeland Security, Military), and by Region — Forecast till 2023

Gunshot detection systems play a critical role in the reduction of the number of incidents of mass gunfire shootings, globally. Such systems also help reduce the number of casualties, during such incidents. As a result, a number of law enforcement agencies, across the globe, are engaging on the deployment of various solutions so as to curb the occurrence of such violent incidents. Therefore, the global gunshot detection system market is expected to witness a CAGR of approximately 20%, during the forecast period.

Market Overview:

The global gunshot detection system market is analyzed in detail in the report, which provides readers with a clear overview of the market’s leading drivers and restraints, leading players operating in the market, and the major segments dominating the market.

Competitive Analysis:

Leading players in the global gunshot detection system market include Safety Dynamics LLC, QinetiQ, Rheinmetall AG, Tracer Technology Systems Inc., ELTA Systems – Israel Aerospace Industries Ltd., Louroe Electronics, Battelle Memorial Institute, Shooter Detection Systems LLC, SST Inc., ACOEM Group, Thales Group, and Raytheon Company.

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The gunshot detection systems employ the acoustic and optical sensors, or a combination of the two technologies, to detect and trace the locations of a gunshot. However, since the acoustic and optical sensors are expensive, the cost of the gunshot detection systems increase considerably. As a result of the high costs of such systems, the homeland security officials along with the defense authorities of the developing countries, fall short in the adoption of these technologies, which adversely affects the market growth. Moreover, there are other issues associated with these sensor technologies such as the instances of undetected gunfire and false alarms, which limit the end users from incorporating these technologies into the gunshot detection systems. Such factors also inhibit the market growth.

Gunshot detection systems, also known as gunfire locators, are sensor systems that can provide early info about gunshots fired in a fairly large vicinity to law enforcement officials. Gunshot detection systems use acoustic, visual, or other sensors, usually in some combination of multiple sensors to improve the overall efficacy of the system, to pinpoint the location where the shots were fired. These systems have become widely popular among police and armed forces, as they allow for accurate dispatch of units to the precise location and prompt action without having to wait for emergency reports about gunshots.

The increasing threat of terrorist attacks in urban centers and the growing threat of public shootings in certain countries are the major drivers for the global gunshot detection system market.

Segmentation:

The global gunshot detection system market is segmented on the basis of end use, product type, installation type, and region.

By end use, the global gunshot detection system market is segmented into homeland security and military. Military end use of gunshot detection systems is likely to dominate the global gunshot detection systems market over the forecast period due to the growing demand for the systems in war zones, where surprise attacks by enemy parties can cause considerable damage.

By product type, the global gunshot detection systems market is segmented into indoor and outdoor gunshot detection systems. The outdoor gunshot detection system segment accounted for the largest share in the global gunshot detection system market in 2017 and is likely to witness the fastest growth over the forecast period.

By installation type, the global gunshot detections systems market is segmented into fixed, portable, and vehicle-mounted. The fixed installation segment dominated the global gunshot detection system market in 2017 and is likely to retain the leading share in the market over the forecast period. However, portable systems are likely to exhibit a higher growth rate over the forecast period.

Regional Analysis:

On the basis of region, the global gunshot detection system market is segmented as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In 2017, North America dominated the global market due to the large sales of the personal firearms in the US, in particular, in the recent years. As a result, the gunfire-related incidents have become a major concern for the country’s government. Therefore, the government has started the allocation of funds and is putting emphasis on the deployment of the gunshot detection systems. For example, in May 2018, ShotSpotter, a US-based company, signed a contract with the Chicago law enforcement department, to expand the coverage area of gunshot detection solutions, for the law enforcement agency.

In Europe, the market growth is majorly driven by countries such as the UK, Germany, and France. Moreover, the presence of the companies such as Rheinmetall AG, Thales Group, Qinetiq, and ACOEM Group in the region, further results in the growth of the market. In addition, in the recent years, there have been several terror attacks in countries such as France, Turkey, UK, Spain, and Russia, which result in a considerable growth in the regional market.

Asia-Pacific is expected to witness the fastest growth, across the globe, significantly driven by the increasing terror attacks and border threats in countries such as China, India, Pakistan, Japan, and South Korea. As a result, the defense authorities of the above-mentioned countries are focused on preventing such shooting incidents and reducing the number of casualties. Therefore, it is expected that the market in the Asia-Pacific would grow at the fastest pace, during the forecast period.

Similarly, in the Middle East & Africa, the market growth is significantly driven by the increasing terror attacks in countries such as Syria, Iraq, Libya, and Yemen, among others. Moreover, there has been a steep rise of the violent incidents in the Middle East & North Africa (MENA) countries in the recent years, which result in the increase in sales of the gunshot detection systems in the region.

Concurrently, there have been increasing drug war incidences in Latin America, in the recent years, particularly in countries such as Mexico and Colombia, that has resulted in the market growth in the region. As a result, it is expected that there would be a significant rise in the demand for the gunshot detection systems in Latin America.

Industry Updates:

In June 2019, Shotspotter’s (SST Inc.) gunshot detection program was incorporated into the police forces in Toledo, Ohio. A murder in the city in June 2018 is seen as having been a considerable factor in expediting the adoption of the system, as the murder was marked by the inability of police units to pinpoint of the precise location despite having received multiple 911 emergency calls.

Table of Content:

1. Executive Summary

2. Scope of The Report

2.1. Market Definition

2.2. Scope of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. List of Assumptions

2.2.4. Limitations

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

Continued. . .

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