Global Gunshot Detection System Market. The Gunshot Detection System Market Is Estimated To Register A Cagr Of Approximately 20% During The Forecast Period Of 2018 To 2023.

Market Highlights

Over the years, there has been a large demand for the gunshot detection systems, primarily due to the increasing number of firearm related crimes such as mass shooting, VIPs being gunned down, among others, across the globe. In the recent years, the number of such violent incidents is on the rise and are unreported in a large number of cases. Therefore, it has become very essential for the government authorities as well as the law enforcement agencies to provide effective solutions and prevent such incidents.

The global gunshot detection system market has been segmented by installation type, product type, end-user, and region. On the basis of installation type, the gunshot detection system market is divided into fixed systems, portable systems, and vehicle mounted systems. In 2017, the fixed system segment dominated the global market, due to the usage of acoustic sensor node technology, which helps in the detection of the gunshots, from a large distance. It is expected that the portable system segment would witness the fastest market growth, during the forecast period, as the defense authorities and law enforcement agencies are focusing more on the portable/wearable technologies, in the recent years. Similarly, based on product type, the gunshot detection system market is divided into indoor and outdoor. In 2017,

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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