Gunshot Detection System Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook
Gunshot Detection System Market Size By Product, By Application, By Installation, By System- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2023 | Report ID: AERO2341 | Pages: 1 - 224 | Formats*: |
| Category : Aerospace and Defence | |||
Gunshot Detection System Market Introduction and Overview
According to SPER Market Research, the Global Gunshot Detection System Market is estimated to reach USD 1.9 billion by 2033 with a CAGR of 8.92%.
The report includes an in-depth analysis of the Global Gunshot Detection System market, including market size and trends, product mix, distribution channels, and supplier analysis. The market for gunshot detection systems is significant and is connected to both the military and the civilian sector. To identify and relay the firing position of gunshots, a standard gunshot detection system consists of several acoustic sensors. To find out about the shooting, the military, law enforcement, and internal security agencies can all use these systems. The system can be put in place to accurately warn about possible enemy fires in high-security buildings, strategic facilities, and other locations. Additionally, within seconds of a gunshot being fired, the gunshot detection system can identify and notify the authorities thanks to acoustic detection technology.
- 3xLOGIC, Inc., a provider of intelligent security systems that are integrated, unveiled a new range of deployment options in September 2022 for users looking to use the new Single Sensor Gunshot Detection solution to secure smaller areas during active shooter situations. Larger spaces—like a gymnasium, cafeteria, library, or pole placed outside to cover larger areas—are the target audience for the 3xLOGIC 8-sensor device.
- Shooter Detection System, LLC and Siemens Smart Infrastructure (US) inked a partnership agreement in December 2021. Organizations will be able to automatically notify building security when gunfire is detected within a building by connecting the Guardian Indoor Active Shooter Detection System and Surveillance Video system software. This will enable organizations to correlate live video feeds with real-time monitoring of recognized shots on building floor plans and take other automated actions.
Market Opportunities and Challenges
Opportunities: Growth in the gunshot detection system industry is anticipated to be fueled by factors like the increased use of gunshot detection systems, an increase in shooting incidents, and a surge in IoT adoption. But adding sensors and paying high prices for gunshot detection shortens the device's lifespan and adds extra cost. Furthermore, throughout the projected period, it is expected that wearable gunshot detection device adoption in North America and security in emerging smart cities will offer growth opportunities for the gunshot detection system market.
Challenges: Systems for detecting gunshots are very expensive to integrate and install. The system is made up of several hardware parts, including Ethernet data cables, power sources, cameras, sensors, and others. Power over Ethernet (PoE) switches link each detector to the on-site server. As a result, the installation procedure necessitates expensive labor and supplies. In addition, there are serious configuration challenges and connectivity problems with the current business networks. Therefore, these elements might hinder market expansion.
Market Competitive Landscape
The Gunshot Detection Systems market is highly consolidated due to the existence of numerous players operating both internationally and regionally. 3xLOGIC, ALARM SYSTEMS, INC., AmberBox, Inc., DATABUOY CORPORATION, INFORMATION SYSTEM TECHNOLOGIES INC, LOUROE ELECTRONICS, QINETIQ GROUP PLC, RAYTHEON TECHNOLOGIES CORPORATION, SAFE ZONE TECHNOLOGIES, INC, SHOOTER DETECTION SYSTEMS, TRACER TECHNOLOGY SYSTEMS, INC., V5 SYSTEMS INC., VESPER, Others. These are the major companies for Gunshot Detection System Market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product, By Application, By Installation, By System |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | 3xLOGIC, ALARM SYSTEMS, INC., AmberBox, Inc., DATABUOY CORPORATION, INFORMATION SYSTEM TECHNOLOGIES INC, LOUROE ELECTRONICS, QINETIQ GROUP PLC, RAYTHEON TECHNOLOGIES CORPORATION, SAFE ZONE TECHNOLOGIES, INC, SHOOTER DETECTION SYSTEMS, TRACER TECHNOLOGY SYSTEMS, INC., V5 SYSTEMS INC., VESPER, Others. |
COVID-19 Impact on Global Gunshot Detection System Market
The market for gunshot detection systems has been significantly impacted by the COVID-19 pandemic worldwide. Gunshot detection system deployment and implementation faced difficulties due to widespread lockdowns, supply chain disruptions, and the emphasis on healthcare priorities. Numerous governmental organizations and law enforcement bodies momentarily redirected funds and attention from security-related initiatives to address the public health emergency. Budget restrictions brought on by the pandemic's economic unpredictability also had an impact on investments in cutting-edge security technologies, such as gunshot detection systems. But the pandemic also made public safety even more crucial, which sparked a renewed interest in cutting-edge security measures.
Key Target Audience:
- Law Enforcement Agencies
- Security Solutions Providers
- Government Authorities
- Urban Infrastructure Planners
- Critical Infrastructure Facilities
- Commercial and Residential Developments
Our in-depth analysis of the Gunshot Detection System Market includes the following segments:
| By Product: |
|
| By Application: |
|
| By Installation: |
|
| By System: |
|
Key Topics Covered in the Report:
- Global Gunshot Detection System Market Size (FY’2023-FY’2033)
- Overview of Global Gunshot Detection System Market
- Segmentation of Global Gunshot Detection System Market By Product (Indoor, Outdoor)
- Segmentation of Global Gunshot Detection System Market By Application (Defense, Homeland, Commercial)
- Segmentation of Global Gunshot Detection System Market By Installation (Vehicle Mounted System, Fixed System, Portable System)
- Segmentation of Global Gunshot Detection System Market By System (Standalone System, Integrated System)
- Statistical Snap of Global Gunshot Detection System Market
- Expansion Analysis of Global Gunshot Detection System Market
- Problems and Obstacles in Global Gunshot Detection System Market
- Competitive Landscape in the Global Gunshot Detection System Market
- Impact of COVID-19 and Demonetization on Global Gunshot Detection System Market
- Details on Current Investment in Global Gunshot Detection System Market
- Competitive Analysis of Global Gunshot Detection System Market
- Prominent Players in the Global Gunshot Detection System Market
- SWOT Analysis of Global Gunshot Detection System Market
- Global Gunshot Detection System Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Gunshot Detection System Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Gunshot Detection System Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Gunshot Detection System Market
7. Global Gunshot Detection System Market, By Product (USD Million)
7.1. Global Gunshot Detection System Market Value Share and Forecast, By Product, 2023-20337.2. Indoor7.3. Outdoor
8. Global Gunshot Detection System Market, By Application (USD Million)
8.1. Global Gunshot Detection System Market Value Share and Forecast, By Application, 2023-20338.2. Defense8.3. Homeland8.4. Commercial8.4.1. Corporate Enterprise8.4.2. School and Colleges8.4.3. Hospitals8.4.4. Retail Stores and Venues8.4.5. Others
9. Global Gunshot Detection System Market, By Installation (USD Million)
9.1. Global Gunshot Detection System Market Value Share and Forecast, By Installation, 2023-20339.2. Vehicle Mounted System9.3. Fixed System9.4. Portable System
10. Global Gunshot Detection System Market, By System (USD Million)
10.1. Global Gunshot Detection System Market Value Share and Forecast, By System, 2023-203310.2. Standalone System10.3. Integrated System
11. Global Gunshot Detection System Market Forecast, 2019-2033 (USD Million)
11.1. Global Gunshot Detection System Market Size and Market Share
12. Global Gunshot Detection System Market, By Product, 2019-2033 (USD Million)
12.1. Global Gunshot Detection System Market Size and Market Share By Product (2019-2026)12.2. Global Gunshot Detection System Market Size and Market Share By Product (2027-2033)
13. Global Gunshot Detection System Market, By Application, 2019-2033 (USD Million)
13.1. Global Gunshot Detection System Market Size and Market Share By Application Type (2019-2026)13.2. Global Gunshot Detection System Market Size and Market Share By Application Type (2027-2033)
14. Global Gunshot Detection System Market, By Installation, 2019-2033 (USD Million)
14.1. Global Gunshot Detection System Market Size and Market Share By Installation (2019-2026)14.2. Global Gunshot Detection System Market Size and Market Share By Installation (2027-2033)
15. Global Gunshot Detection System Market, By System, 2019-2033 (USD Million)
15.1. Global Gunshot Detection System Market Size and Market Share By System (2019-2026)15.2. Global Gunshot Detection System Market Size and Market Share By System (2027-2033)
16. Global Gunshot Detection System Market, By Region, 2019-2033 (USD Million)
16.1. Global Gunshot Detection System Market Size and Market Share By Region (2019-2026)16.2. Global Gunshot Detection System Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific16.4. Europe16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe16.5. Middle East and Africa16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa16.6. North America16.6.1. Canada16.6.2. Mexico16.6.3. United States16.7. Latin America16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. 3xLOGIC17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments17.2. ALARM SYSTEMS, INC.17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments17.3. AmberBox, Inc.17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary
17.3.4. Recent developments
17.4. DATABUOY CORPORATION17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments17.5. INFORMATION SYSTEM TECHNOLOGIES INC17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments17.6. LOUROE ELECTRONICS17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments17.7. QINETIQ GROUP PLC17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments17.8. RAYTHEON TECHNOLOGIES CORPORATION17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments17.9. SAFE ZONE TECHNOLOGIES, INC17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments17.10. SHOOTER DETECTION SYSTEMS17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments17.11. TRACER TECHNOLOGY SYSTEMS, INC.17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments17.12. V5 SYSTEMS INC.17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments17.13. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Gunshot Detection System Market is projected to reach USD 1.9 billion by 2033, growing at a CAGR of 8.92% during the forecast period.
Gunshot Detection System Market grew in market size from 2023. The Market is expected to reach USD 1.9 billion by 2033, at a CAGR of 8.92% during the forecast period.
Gunshot Detection System Market CAGR of 8.92% during the forecast period.
You can get the sample pages by clicking the link -Click Here
Gunshot Detection System Market size is USD 1.9 billion from 2023 to 2033.
Gunshot Detection System Market Segment is Covered By Product, By Application, By Installation, By System
The North America region is anticipated to have the highest market share in Gunshot Detection System Market.
The key players in the market include Companies Covered 3xLOGIC, ALARM SYSTEMS, INC., AmberBox, Inc., DATABUOY CORPORATION, INFORMATION SYSTEM TECHNOLOGIES INC, LOUROE ELECTRONICS, QINETIQ GROUP PLC, RAYTHEON TECHNOLOGIES CORPORATION, SAFE ZONE TECHNOLOGIES, INC, SHOOTER DETECTION SYSTEMS, TRACER TECHNOLOGY SYSTEMS, INC., V5 SYSTEMS INC., VESPER, Others.
Growth in the gunshot detection system industry is anticipated to be fueled by factors like the increased use of gunshot detection systems, an increase in shooting incidents, and a surge in IoT adoption. But adding sensors and paying high prices for gunshot detection shortens the device's lifespan and adds extra cost.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
