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
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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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.
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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:
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Indoor
Outdoor
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By Application:
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Defense
Homeland
Commercial
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By Installation:
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Vehicle Mounted System
Fixed System
Portable System
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By System:
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Standalone System
Integrated System
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Gunshot Detection System Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Gunshot Detection System Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Indoor
7.3. Outdoor
8. Global Gunshot Detection System Market, By Application (USD Million)
8.1. Global Gunshot Detection System Market Value Share and Forecast, By Application, 2023-2033
8.2. Defense
8.3. Homeland
8.4. Commercial
8.4.1. Corporate Enterprise
8.4.2. School and Colleges
8.4.3. Hospitals
8.4.4. Retail Stores and Venues
8.4.5. Others
9. Global Gunshot Detection System Market, By Installation (USD Million)
9.1. Global Gunshot Detection System Market Value Share and Forecast, By Installation, 2023-2033
9.2. Vehicle Mounted System
9.3. Fixed System
9.4. 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, 2023-2033
10.2. Standalone System
10.3. 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-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. 3xLOGIC
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. ALARM SYSTEMS, INC.
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. AmberBox, Inc.
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. DATABUOY CORPORATION
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. INFORMATION SYSTEM TECHNOLOGIES INC
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. LOUROE ELECTRONICS
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. QINETIQ GROUP PLC
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. RAYTHEON TECHNOLOGIES CORPORATION
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. SAFE ZONE TECHNOLOGIES, INC
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. SHOOTER DETECTION SYSTEMS
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. TRACER TECHNOLOGY SYSTEMS, INC.
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. V5 SYSTEMS INC.
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. 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.