According to new research „Gunshot Detection System Market Size by Application (Homeland, And Defense), Installation Type (Fixed, Wearable, and Vechicle Mounted), Product Type (Indoor, and Outdoor), and Region – Global Forecast to 2022″, The gunshot detection system market size is projected to grow from USD 726.3 Million in 2016 to USD 3,099.8 Million in 2022, at a CAGR of 27.36% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022.
Browse 86 market data tables and 47 figures spread through 155 pages and in-depth TOC on „Gunshot Detection System Market – Global Forecast to 2022“
https://www.marketsandmarkets.com/Market-Reports/gunshot-detection-systems-market-58054729.html
Factors such as increasing incidences of shooting at schools, universities, public places, and hospitals are driving the gunshot detection system market.
The homeland application segment is expected to lead the gunshot detection system market during the forecast period
The gunshot detection system market size 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. These systems installed at educational institutions provide real-time updates on shooting events to security personnel, along with individuals inside these places on their electronic communication devices.
Based on installation type, the fixed segment is expected to grow at the highest CAGR during the forecast period
On the basis of installation type, the gunshot detection system market size has been segmented into fixed, vehicle mounted, and wearable. The gunshot detection system market size 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. Military installations use fixed installations on walls, poles or border crossings. Fixed electro-optic systems are used by military personnel for enemy sniper localization.
Don’t Miss this opportunity to know more about Gunshot Detection System Market Size, Get a Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=58054729
North America gunshot detection system market size is expected to grow at the highest CAGR during the forecast period
The North America gunshot detection system market size is expected to grow at the highest CAGR during the forecast period. The gunshot detection system market size 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.
Leading Gunshot Detection Systems Providers Are Developing Advanced Technologies To Drive The Space Industry Forward
Some of the leading players profiled in the gunshot detection system industry are SST, Inc. (U.S.), Raytheon BBN Technologies (U.S.), QinetiQ North America (U.S.), Shooter Detection System LLC (U.S.), ACOEM Group (France), Battelle Memorial Institute (U.S.), and Louroe Electronics (U.S.), among others. Contracts is the major growth strategy adopted by the top market players to strengthen their position in the gunshot detection system market.
Homeland
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 a height of more than 30 feet above the ground at select locations of the coverage area. These include walls, poles, streetlights, and buildings, among others. After the gunshot event, the data is sent for review to the acoustic experts. After the confirmation of the event, the data is shared with law enforcement agencies. The U.S. is the key market for gunshot detection systems in homeland application. SST’s Shotspotter is the one of the leader in the gunshot detection system market in homeland application with a coverage in nearly 90 cities. Increase in the incidents of mass shootings in educational institutions is a prime concern. These systems installed at educational institutions places provide real-time updates on shooting events to security personal, along with individuals inside these places on their electronic communication devices.
Defence
Military units in combat zone face danger from enemy gunfire, which can result in casualties and impede the movement of these units. The strategic information provided by these systems can help in threat detection and counter offensive planning by these units. Information provided includes details such as direction of firing, azimuth, and elevation, among others. The systems are categorized by installation on different units. These include soldier wearable, armoured vehicles, or installation at fixed locations such as critical military buildings, border installations, among others. New applications of these systems include installation on aerial attack and surveillance platforms such as helicopters and UAVs, respectively. Key players offering these systems for defence applications are Raytheon BBN Technologies, QinetiQ, and ACOEM Group. Raytheon BBN technologies and QinetiQ are strong players in the North America and Europe gunshot detection system market.