Gunshot Detection System Market Outlook to 2025 - Raytheon Company, ShotSpotter, Shooter Detection Systems, AmberBox, Louroe Electronics, Safety Dynamics, Microflown Avisa BV, Rheinmetall AG, QinetiQ North America, Databuoy Corporation

An exclusive Gunshot Detection System market research report created through broad primary research (inputs from industry experts, companies and stakeholders) and secondary research, the report aims to present the analysis of Global Gunshot Detection System Market By Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Gunshot Detection System market. Additionally, the report also highlights market entry strategies for various companies across the globe.

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Leading Gunshot Detection System Market Players:
1. Raytheon Company
2. ShotSpotter, Inc.
3. Shooter Detection Systems LLC
4. AmberBox Inc.
5. Louroe Electronics
6. Safety Dynamics Inc.
7. Microflown Avisa BV
8. Rheinmetall AG
9. QinetiQ North America
10. Databuoy Corporation

Worldwide Gunshot Detection System Market Analysis to 2025 is a specialized and in-depth study of the Gunshot Detection System industry with a focus on the global market trend. The report aims to provide an overview of global Gunshot Detection System market with detailed market segmentation by product/application and geography. The global Gunshot Detection System market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Gunshot Detection System players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Gunshot Detection System market based on product and application. It also provides market size and forecast till 2025 for overall Gunshot Detection System market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

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Also, key Gunshot Detection System market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Reason to Buy

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Gunshot Detection System market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Gunshot Detection System market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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The market for gunshot detection system is at its growing phase owing to increasing gunfire incidences and mass killing. The market is further expected to flourish in North America and the Middle East owing to smart cities development in these regions and increase in fund allocation by the government for the deployment of a gunshot detection system.

The major factors propelling the gunshot detection system market growth are a rise in gunshot detection system deployment in commercial infrastructure due to mass killing, utilization of gunshot detection systems by law enforcement agencies of developed nations, and reducing casualties from enemy gunfire in war zones.

The report focuses on in-depth segmentation of gunshot detection system market by product type, installation, application, and regions. The geographic segmentation of this report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By product type, outdoor segment accounted for the largest share of the gunshot detection system market in 2017 and it is expected to grow at the highest CAGR during the forecast period.

The report aims to provide an overview of global gunshot detection system market with detailed market segmentation. Also, it analyzes the current gunshot detection system market scenario and forecasts the market till 2025. The report further covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the gunshot detection system market along with their market strategies. The report also provides porter's analysis along with the SWOT analysis for all company profiled in the report.

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North America dominated the gunshot detection system market which is contributing to the highest revenue globally due to the high number of firearms present and growth in gunfire incidents. As per the Small Arms Survey 2018 report, the number of firearms in the U.S. vary from around 120.5 firearms for every 100 residents. As per ShotSpotter National Gunfire Index, there were around 86,665 gunfire incidents in 2017 across 87 cities in the U.S. As per a March 2016 report published by The American Journal of Medicine, the gun homicide rate in the U.S. is over 25 times the average of other high-income nations.

With the increasing gun ownership in the country, gunfire-related incidents are becoming a major concern of the government. Thus, the government is allocating funds and emphasizing the deployment of gunshot detection systems. For instance, in May 2018, Chicago law enforcement department signed a contract with ShotSpotter to expand its coverage area of gunshot detection solutions. Moreover, due to rising terrorist activities, the demand for gunshot detection solutions is witnessing growth in this region.

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