Gunshot Detection System Market SWOT Analysis 2021-2031
The gunshot detection system market size is expected to grow from US$ 1.20 billion in 2023 to US$ 3.01 billion by 2031; it is anticipated to expand at a CAGR of 12.2% from 2023 to 2031. The rise in demand for advanced gun detection system is likely to remain a key gun detection system market trends.
Gunshot Detection System Market Analysis
The rising need to track shooters and protect defense establishments effectively has led to increased adoption of gun detection system solutions, thereby driving the market.
Gunshot Detection System Market Overview
Gunshot detection systems use sophisticated sensor networks to detect and localize gunshots in a specific region. These systems use a variety of technologies, including acoustic and electro-optic sensors, to reliably detect and pinpoint the source of gunfire. Auditory systems examine acoustic patterns to distinguish between gunshots and other surrounding sounds, whereas electro-optic systems employ infrared imaging to locate enemy snipers. These systems are frequently utilized by law enforcement, security agencies, military groups, government offices, schools, and corporations to improve safety and security.
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Gunshot Detection System Market: Strategic Insights
Gunshot Detection System Market
-
CAGR (2023 - 2031)
12.2%
-
Market Size 2023
US$ 1.20 Billion
-
Market Size 2031
US$ 3.01 Billion
Market Dynamics
GROWTH DRIVERS
- Rising Need to Track Shooters and Protect Establishments
FUTURE TRENDS
- Rise in demand for advanced gun detection system
OPPORTUNITIES
- Increasing focus of law enforcement agencies to suppress gun-related crimes
Key Players
- Raytheon Company
- ShotSpotter
- Shooter Detection Systems LLC
- AmberBox Gunshot Detection
- Safety Dynamics Inc
- Microflown Avisa BV
- Rheinmetall AG
- QinetiQ
- Databuoy Corporation
- Louroe Electronics
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product Type
- Indoor and Outdoor
Installation
- Fixed Installation
- Wearable Installation
- Vehicle Mounted Installation
Application
- Military and Law Enforcement
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Gunshot Detection System Market: Strategic Insights
-
CAGR (2023 - 2031)12.2% -
Market Size 2023
US$ 1.20 Billion -
Market Size 2031
US$ 3.01 Billion
Market Dynamics
- Rising Need to Track Shooters and Protect Establishments
- Rise in demand for advanced gun detection system
- Increasing focus of law enforcement agencies to suppress gun-related crimes
Key Players
- Raytheon Company
- ShotSpotter
- Shooter Detection Systems LLC
- AmberBox Gunshot Detection
- Safety Dynamics Inc
- Microflown Avisa BV
- Rheinmetall AG
- QinetiQ
- Databuoy Corporation
- Louroe Electronics
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Indoor and Outdoor
- Fixed Installation
- Wearable Installation
- Vehicle Mounted Installation
- Military and Law Enforcement
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Gunshot Detection System Market Drivers and Opportunities
Rising Need to Track Shooters and Protect Establishments to Favor Market
Gunshot detection systems are critical tools in disputed areas where defending forces must identify the source of gunfire and respond appropriately. These devices have been adopted into defense platoons across the world to reduce the chance of injuries among deployed personnel. For example, the United States Army has purchased improved sniper detection equipment for its troops stationed in Iraq and Afghanistan. These technologies give real-time information regarding the distance and direction of rounds fired, allowing soldiers to plan an effective reaction. The US Army also intends to integrate gunshot detection technology into its existing systems for future uses, therefore improving dismounted soldiers' tactical awareness.
Increasing focus of law enforcement agencies to suppress gun-related crimes
Law enforcement agencies are increasingly looking for external specialists to help them with digital transformation projects. They are working with managed service providers to improve their current systems and expand the coverage given by gunshot detection technology. Gunshot detection is a critical technology that may significantly improve civilian security services. Several communities in the United States, including Fresno, California and Peoria, Illinois, have adopted it. ShotSpotter Inc. signed new contracts in December 2020 with seven US communities to implement its main gunshot detection product, ShotSpotter Respond, to their respective populations. This represents a increasing trend in which smaller communities use innovative methods to prevent and minimize gun violence.
Gunshot Detection System Market Report Segmentation Analysis
Key segments that contributed to the derivation of the gunshot detection system market analysis are product type, installation, and application.
- Based on product type, the market is divided into indoor and outdoor. The outdoor segment held a larger market share in 2023.
- Based on installation, the market is divided into fixed installation, wearable installation, and vehicle mounted installation. The fixed installation segment held a larger market share in 2023.
- In terms of application, the market is bifurcated into military and law enforcement. The military segment held a larger market share in 2023.
Gunshot Detection System Market Share Analysis by Geography
The geographic scope of the Gun Detection System market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. North America dominated the Gun Detection System market in 2023. North America is projected to show the highest growth in the Gunshot Detection Systems market during the forecast period. Growing investments by the US government in equipping officials with advanced gunshot detection technologies, coupled with the involvement of various key players in the market, are anticipated to drive market growth in the coming years. Governments worldwide are also planning to invest in advanced gun control detection systems to enhance public safety and security
Gunshot Detection System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1.20 Billion |
Market Size by 2031 | US$ 3.01 Billion |
Global CAGR (2023 - 2031) | 12.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Gunshot Detection System Market News and Recent Developments
The Gun Detection System market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In April 2024, Shooter Detection Systems joins Partner Alliance for Safer Schools. As part of its commitment to PASS, Shooter Detection Systems promotes the PASS guidelines for layered school safety and security among school administrators and public safety professionals.
(Source: Shooter Detection Systems, Press Release, 2024)
- In May 2022, Raytheon Company announced that it had delivered 34 Boomerang gunshot detection systems to the Lithuanian armed forces to protect soldiers and its fleet of next-generation combat vehicles.
(Source: Raytheon Company, Press Release, 2022)
Gunshot Detection System Market Report Coverage and Deliverables
The "Gunshot Detection System Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type ; Installation and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Frequently Asked Questions
The gunshot detection system market size is expected to grow from US$ 1.20 billion in 2023 to US$ 3.01 billion by 2031; it is anticipated to expand at a CAGR of 12.2% from 2024 to 2031.
The rising need to track shooters and protect defense establishments effectively are some factors that propel the global gunshot detection system market.
The rise in demand for advanced gun detection system is likely to remain a key gun detection system market in future trends.
The key players holding the majority of shares in the global gunshot detection system market are Raytheon Company, ShotSpotter, Shooter Detection Systems LLC, AmberBox Gunshot Detection, and Safety Dynamics Inc.
The global gunshot detection system market is expected to reach US$ 3.01 billion by 2031.