Gunshot Detection System Market

Gunshot Detection System Market

Growth Factors of Gunshot Detection System Market

The gunshot detection system market size was valued at USD 777.4 million in 2023, and the market is now projected to grow from USD 846.2 million in 2024 to USD 2,397.6 million in 2032, exhibiting a CAGR of 13.90% during the forecast period of 2024-2032.

Due to the pandemic, there were disruptions in the gunshot detection system market growth, with major countries subsequently shutting down, resulting in the inability to manufacture or deliver products. ShotSpotter, Inc., a company that specialises in using technology to detect gunshots, was among organisations affected by mandatory travel bans which disrupted installation and project management services. This led to issues with installations for March-April and caused customer deployments to be rescheduled in response to the pandemic.

The increase in the number of mass shootings especially in the U.S. has heavily influenced the gunshot detection system market share. There were 417 mass shooting incidents in the U. S. in 2019 and from this 31 were classified under mass murders. These systems are useful especially in areas prone to violence, whether inside buildings or the streets because they minimize harm to innocent persons and sealed-off areas. Incorporation into building systems increases security and saves lives, thereby increasing market growth.

Moreover, there is a market development involving infrared and sound-detecting systems for improved capabilities. Safe Zone Technologies, Inc. has recognized these technologies and created a gunfire detector that calculates more than 3,000 parameters for each loud sound. This system captures and analyzes cloud-based data in real-time and correctly identifies the number of shots fired, the vicinity and the type of gun used. This innovation improves the governance of gunshot detection systems.

Comprehensive Analysis of Gunshot Detection System Market

The market of gunshot detection system and the aerospace & defence industry is growing exponentially because it also divided its market into segmentations. This market expansion entails a comprehensive analysis of the regions based on the supply and demand forces that influence the defence platforms business. These segmentations are methodically segregated by installation, by application and by system. The installation inlcude, fixed installation, soldier mounted and vehicle installation. The application include commercial and defense. At last, the system include, indoor and outdoor.

North America held the largest gunshot detection market in terms of market size with USD 287.8 million in 2023. Such growth is due to the emerging popularity of utilizing mass shootings, growing security requirement rates and enhanced usage of purchases by police departments. Market leaders have in this regard had a positive impact on the development of the market in the region.

The leading companies in the aerospace & defence market have a profound influence on industrial outlook and overall markets creating market trends. These players include ACOEM Group (France), Databuoy Corporation (U.S.), IAI (Israel), Louroe Electronics (U.S.), QinetiQ (U.S.), Raytheon Company, a Raytheon Technologies company (U.S.), Rheinmetall AG (Germany), Safety Dynamics, Inc. (U.S.), ShotSpotter Inc. (U.S.), Thales Group (France) and Tracer Technology Systems, Inc. (U.S.).

In April 2020, Aselsan Company recently inked a deal with the NATO member country to provide the latter with a gunshot detection system and modern, RCWS.

Segmentation Table

Global Gunshot Detection SystemMarket Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of 13.90% from 2024 to 2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Installation, Application, System, and Region

By Installation - Fixed Installation

- Soldier Mounted

- Vehicle Installation

By Application - Commercial

- Defense

By System - Indoor

- Outdoor

By Region - North America (By Installation, Application, System, and Country)

• The U.S.
• Canada

- Europe (By Installation, Application, System, and Country)

• The U.K.
• Germany
• France
• Russia
• Rest of Europe

- Asia Pacific (By Installation, Application, System, and Country)

• China
• India
• Japan
• Australia
• Rest of Asia-Pacific

- Rest of the World (By Installation, Application, System, and Sub-Region)

• The Middle East & Africa
• Latin America


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