Global Gunshot Detection System Market Growth (Status and Outlook) 2023-2029

Global Gunshot Detection System Market Growth (Status and Outlook) 2023-2029

A gunfire locator or gunshot detection system is a system that detects and conveys the location of gunfire or other weapon fire using acoustic, optical, or potentially other types of sensors, as well as a combination of such sensors. These systems are used by law enforcement, security, military and businesses to identify the source and, in some cases, the direction of gunfire and/or the type of weapon fired.

LPI (LP Information)' newest research report, the “Gunshot Detection System Industry Forecast” looks at past sales and reviews total world Gunshot Detection System sales in 2022, providing a comprehensive analysis by region and market sector of projected Gunshot Detection System sales for 2023 through 2029. With Gunshot Detection System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gunshot Detection System industry.

This Insight Report provides a comprehensive analysis of the global Gunshot Detection System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gunshot Detection System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gunshot Detection System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gunshot Detection System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gunshot Detection System.

The global Gunshot Detection System market size is projected to grow from US$ 1646.8 million in 2022 to US$ 6162.9 million in 2029; it is expected to grow at a CAGR of 20.7% from 2023 to 2029.

Raytheon Company, Thales Group , Battelle Memorial Institute , Rafael and SST are the leaders of the Gunshot Detection System industry, which take about 25% market share. North America is the major region of the global market, which takes about 50% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Gunshot Detection System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Acoustic Gunshot Detection System
Optical Gunshot Detection System

Segmentation by application
Vehicle
Fixed/Ground Installation
Helicopter
Soldier

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Raytheon Company
Thales Group
Battelle Memorial Institute
Rafael
SST
Safran Public Safety & Defense
Rheinmetall AG
ELTA Systems Ltd
Acoem Group
Databuoy Corporation
CILAS
Qinetiq North America
Microflown Avisa B.V.
Shooter Detection Systems LLC
Safety Dynamics Inc
Information System Technologies
V5 Systems Inc

Please note: The report will take approximately 2 business days to prepare and deliver.