Press release
Gunshot Detection Systems Market: Competitive Dynamics & Global Outlook 2023
A gunfire locator or gunshot detection system is a system that detects and conveys the location of gunfire or other weapon fire using acoustic, optical, or potentially other types of sensors, as well as a combination of such sensors. These systems are used by law enforcement, security, military and businesses to identify the source and, in some cases, the direction of gunfire and/or the type of weapon fired.
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Global Gunshot Detection Systems Market: Forecast by Type / Application / Region
The North America gunshot detection system market is expected to grow at the highest CAGR during the forecast period. The gunshot detection system market in North America is expected to witness significant growth, owing to a high number of firearm-related deaths in the region, especially in the U.S. where the firearm-related death rate is 25 times higher than other countries. Major U.S. cities are planning to install indoor gunshot detection systems at universities, corporate office locations, and financial facilities, among others, over the next five years.
The gunshot detection system market was dominated by the homeland segment in 2016 and is expected to continue its dominance during the forecast period. Gunshot detection systems for homeland security were first used in the U.S. These systems are primarily used by law enforcement agencies. They are installed at the height of more than 30 feet above the ground at specific locations of the coverage area. These include walls, poles, streetlights, and buildings, among others. Furthermore, increase in mass shootings incidents at educational institutions is a prime concern.
On the basis of installation type, the gunshot detection system market has been segmented into fixed, vehicle mounted, and wearable. The gunshot detection system market is dominated by the fixed segment, which is projected to grow at the highest CAGR during the forecast period. Fixed gunshot detection systems use the acoustic sensor node detection technology to detect a gunshot event. Fixed installations are carried out at a specific height from the ground. High-security areas such as restricted military infrastructures are the potential fixed installation sites of gunshot detection systems.
Over the next five years, LPI(LP Information) projects that Gunshot Detection Systems will register a 27.0% CAGR in terms of revenue, reach US$ 2600 million by 2023, from US$ 790 million in 2017.
Global Gunshot Detection Systems Market: Key Players
Raytheon Company
Thales Group
Battelle Memorial Institute
Rafael
SST
Safran Electronics & Defense
Rheinmetall AG
ELTA Systems Ltd
Acoem Group
Databuoy Corporation
CILAS
Qinetiq North America
Microflown Avisa B.V.
Shooter Detection Systems LLC
Safety Dynamics Inc
Information System Technologies
V5 Systems Inc
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Related Information:
United States Gunshot Detection Systems Market Research Report 2018
Europe Gunshot Detection Systems Market Research Report 2018
North America Gunshot Detection Systems Market Research Report 2018
Asia-Pacific Gunshot Detection Systems Market Research Report 2018
China Gunshot Detection Systems Market Research Report 2018
EMEA Gunshot Detection Systems Market Research Report 2018
Global Gunshot Detection Systems Market Research Report 2018
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