Press release
Gunshot Detection Systems Market Analysis and Competitive Landscape Outlook to 2021: Safety Dynamics, Rheinmetall AG, Tracer Technology Systems, Inc., Shooter Detection Systems LLC, ELTA Systems Ltd., and Information Systems Technologies, Inc.
Gunshot detection technologies, also known as gun locators, are systems used to detect and transmit the location of shots fired by a gun. This is done using acoustic or optical sensors, as well as a combination of these sensors.
The main factor driving the market is the increasing incidence of shooting in public places such as hospitals, schools and subway stations. Terrorism around the world and other violent activities in public places encourage property owners to adopt bullet detection techniques to mitigate losses at the scene of the fire. In addition, cross-border shootings around the world also encourage defense forces to install bulletproof systems across borders. This factor is also driving the market for protection against bullets.
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Global Gunshot Detection Systems Market Drivers and Restraints:
Acoustic sensors or optical sensors or the combination of both are expensive and, as a result, increases the cost of the final weapons detection system. Due to the high cost of systems, property titles and defense forces in developing countries are lagging behind in the adoption of these technologies, which is detrimental to the growth of the bale detection market. In addition, the malfunctioning of these technologies, such as false alarms and undetected firings, prevents end users from incorporating these technologies into the system. This factor also acts as an inhibiting factor for the growth of the bullet detection market in the future.
The market for gunshot detection is about to increase in the coming years due to the growing demand for these technologies in smart cities. Smart cities are urban developments that aim to integrate the Internet of Things (IO) and information and communication technologies to control the assets of a city. Smart cities can be attacked by terrorists to gather confidential information or critical data. As a result, national values install several fire detection systems in these areas. It is expected that this factor will strengthen the growth of the gunshot detection market.
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Segmentation:
The bullet detection market is segmented according to the types of products, types of installation, components, end users and geography. The different types of firearm detection products are the type of protection against bullets inside and the type of protection against bullets on the outside. Installation types include fixed, vehicle mounted and portable. The fixed detection installation system is at the top of the market and is expected to dominate in the coming years. This is due to the use of acoustic sensor node technology that detects long distance shooting. The three main components used in these bullet detection systems are sensors or microphones, processing units and a display unit. The national defense and securities industry is the end-user segment of the bullet detection market. Defense sectors around the world rely heavily on bullet detection systems to identify area or range. The facilities are generally armored vehicles, border posts and portable bodies, among others. Land titles in both developed and developing countries are adopting these bulletproof technologies to improve regional security. Geographically, the bale detection market is segmented in North America, Europe, Asia-Pacific, the Middle East, Africa and Latin America. North America and Europe are the main regions in the market for gunshot detection in the current scenario.
Key Players In Global Gunshot Detection Systems Market
The top players operating in the gunshot detection market includes, Thales Group (France), Rafael Advanced Defense Systems Ltd. (Israel), QinetiQ Group (U.S), Raytheon Company (U.S), Safety Dynamics (U.S), Rheinmetall AG (Germany), Tracer Technology Systems, Inc. (U.S), Shooter Detection Systems LLC (U.S), ELTA Systems Ltd. (Israel), and Information Systems Technologies, Inc. (U.S).
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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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