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
Market Size Value in US$ 850.2 Million in 2017 Market Size Value by US$ 4,325.0 Million by 2025 Growth rate CAGR of 22.6% from 2018 to 2025 Forecast Period 2018-2025 Base Year 2018
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Gunshot Detection System Market: Strategic Insights
| Market Size Value in | US$ 850.2 Million in 2017 |
| Market Size Value by | US$ 4,325.0 Million by 2025 |
| Growth rate | CAGR of 22.6% from 2018 to 2025 |
| Forecast Period | 2018-2025 |
| Base Year | 2018 |
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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
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.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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