Global Gunshot Detection System Market Size, Analysis, Growth Trends, Demand With Forecast To 2023

In 2017, the outdoor segment dominated the global market and it is also expected to witness the fastest market growth, during the forecast period. This is because of the increase of violent incidents in the recent years, in the national borders, on the streets, and political gatherings, among others. Likewise, on the basis of end-user, the gunshot detection system market is divided into homeland security personnel and military forces. In 2017, the military segment dominated the global market, as there have been large expenses by the defense authorities on the gunshot detection systems, in the recent years, to prevent the number of casualties at the borders. It is also expected that the homeland security segment would witness the fastest market growth, during the forecast period, as the law enforcement agencies are currently focused on curbing/preventing such incidents across the schools, hospitals, and metro/railway stations.

On the basis of region, the global gunshot detection system market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In 2017, North America dominated the global market. The law enforcement agencies and the defense authorities in the region focus more on the advanced security systems, which would drive the growth of the regional market. Concurrently, in the recent years, the number of violent firearm incidents in the US, in particular, has been growing rapidly. As a result, the law enforcement agencies of the US are focused on deploying solutions so as to reduce the number of the gunfire casualties. Such factors bolsters the market growth.

Key Players

The key players in the global gunshot detection system market are ELTA Systems - Israel Aerospace Industries Ltd. (Israel), Qinetiq (UK), Raytheon Company (US), Rheinmetall AG (Germany), Thales Group (France), SST (ShotSpotter), Inc. (US), Louroe Electronics (US), ACOEM Group (France), Battelle Memorial Institute (US), Tracer Technology Systems, Inc. (US), Shooter Detection Systems LLC. (US), and Safety Dynamics, LLC (US).

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