Global Gunshot Detection System Market – Industry Trends and Forecast to 2030

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Global Gunshot Detection System Market – Industry Trends and Forecast to 2030

  • Automotive
  • Upcoming Report
  • Oct 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Gunshot Detection System Market

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period
2023 –2030
Diagram Market Size (Base Year)
USD 731.87 Million
Diagram Market Size (Forecast Year)
USD 1,686.61 Million
Diagram CAGR
%
Diagram Major Markets Players
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Global Gunshot Detection System Market, By Solution (System, Saas), Application (Commercial, Defense), System (Outdoor, Indoor), Installation (Fixed Installations, Vehicle Mounted, Soldier Mounted) - Industry Trends and Forecast to 2030.

 Gunshot Detection System Market

Gunshot Detection System Market Analysis and Size

The increase in the incidences of gun firing, especially on school premises, leading to the installation of various security measures, such as alerting authorities and warning people nearby regarding the location of the shooting acts as one of the major factors driving the growth of the market.

Data Bridge Market Research analyses that the global gunshot detection system market which was USD 731.87 million in 2022, is expected to reach  USD 1,686.61 million by 2030, and is expected to undergo a CAGR of 11.0% during the forecast period 2023 to 2030. This indicates the market value. “Commercial” is expected to witness high growth in the application segment owing to the increased demand for security in futuristic smart cities. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Gunshot Detection System Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Solution (System, Saas), Application (Commercial, Defense), System (Outdoor, Indoor), Installation (Fixed Installations, Vehicle Mounted, Soldier Mounted)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

SST Inc. (U.S.), 1 SHOOTER DETECTION SYSTEMS (U.S.), Acoem. (Franace), BATTELLE MEMORIAL INSTITUTE (U.S.), Louroe Electronics (U.S.), Tracer Technology Systems, Inc. (U.S.), 1 Safety Dynamics, Inc. (U.S.), Databuoy Corporation (U.S.), Rafael Advanced Defense Systems Ltd. (Israel), IAI (Israel), Microflown AVISA (Netherlands), V5 Systems. (U.S.), Raytheon Technologies Corporation (U.S.), QinetiQ Group plc (U.S.), Rheinmetall AG (Germany), and EAGL Technology, Inc. (U.S.), among others

Market Opportunities

  • Growth in penetration rate of smartphones
  • Rising personal disposable income  
  • Rising research and development opportunities

Market Definition

A gunshot detection system is a system that assists in detecting and conveying gunfire or any other weapon fire with the help of optical, acoustic, or any other type of sensors along with combination of these sensors.

Global Gunshot Detection System Market Dynamics

Drivers

  • Increase in Incidences of Gun Firing

The increase in the incidences of gun firing, especially on school premises, leading to the installation of various security measures, such as alerting authorities and warning people in close proximity regarding the location of the shooting acts as one of the major factor driving the growth of market

  • Investment in Border Security

Governments of various regions have been continuously investing in border security over the years as these systems assist border security forces to avert and detect any infiltration, illegal immigration and smuggling attempts. Advancements are being made in the systems to help identify perpetrators and detect illegal entries that accelerate market growth

Opportunity

  • Rising Demand for Gunshot Detection in Smart Cities

Furthermore, rise in the importance of gunshot detection systems in smart cities extend profitable opportunities to the market  

Restraint/Challenge

  • Supply Chain Disruptions will Pose a Threat to the Unprecedentedly Growing Market Demand

On the other hand, the high cost associated with the installation of gunshot detection system in cities and technological issues in integration with command and control systems are expected to obstruct market growth. Also, issues with multi-directional gunshot localization capability are projected to challenge the gunshot detection system market

Recent Developments

  • In April 2021, Memphis Police Department stated that it is implementing ShotSpotter technology across 3 square miles in the Orange Mound area. The implementation aims to combat the increasing problem of gun violence. This technology utilizes a series of small audio sensors deployed high up on top of light posts and buildings
  • In February 2021, Thales U.K. acquired a contract to supply protection and surveillance systems for Boxer 8×8 armored vehicles of Bristish Army. Thales U.K. will supply 500 Acusonic shot detection systems coupled with the same number of RWS for the fleet as part of the contarct

Global Gunshot Detection System Market Scope

The global gunshot detection system market is segmented on the basis of solution, application, system and installation. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Solution

  • System
  • Saas

Application

  • Commercial
  • Defense

System

  • Outdoor
  • Indoor

Installation

  • Fixed Installations
  • Vehicle Mounted
  • Soldier Mounted

Global Gunshot Detection System Market Region Analysis/Insights

The global gunshot detection system market is analyzed and market size insights and trends are provided by solution, application, system and installation as referenced above.

The countries covered in the gunshot detection system market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the gunshot detection system market because of the high incidences of gunfire or gunshots near schools, colleges, and universities, as educational institutes within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2023 to 2030 because of the increase in terrorist activities and increase in the spending for the modernization of their armed forces in the region.

The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Global Gunshot Detection System Market Share Analysis

The global gunshot detection system market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the company's focus related to the global gunshot detection system market.

Some of the major players operating in the global gunshot detection system market are:

  • SST Inc. (U.S.)
  • 1 SHOOTER DETECTION SYSTEMS (U.S.)
  • Acoem. (Franace)
  • BATTELLE MEMORIAL INSTITUTE (U.S.)
  • Louroe Electronics (U.S.)
  • Tracer Technology Systems, Inc. (U.S.)
  • 1 Safety Dynamics, Inc. (U.S.)
  • Databuoy Corporation (U.S.)
  • Rafael Advanced Defense Systems Ltd. (Israel)
  • IAI (Israel)
  • Microflown AVISA (Netherlands)
  • V5 Systems. (U.S.)
  • Raytheon Technologies Corporation (U.S.)
  • QinetiQ Group plc (U.S.)
  • Rheinmetall AG (Germany)
  • EAGL Technology, Inc. (U.S.)


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Research Methodology

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Frequently Asked Questions

The Gunshot Detection System Market will be worth USD 1,686.61 million by 2030.
The Gunshot Detection System Market growth rate is 11.0% during the forecast period.
Increase in Incidences of Gun Firing & Investment in Border Security are the growth drivers of the Gunshot Detection System Market.
The solution, application, system and installation are the factors on which the Gunshot Detection System Market research is based.
The Memphis Police Department stated that it is implementing ShotSpotter technology across 3 square miles in the Orange Mound area & Thales U.K. acquired a contract to supply protection and surveillance systems for Boxer 8×8 armored vehicles of Bristish Army are the latest developments in the Gunshot Detection System Market.