New York, NY, May 30, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Gunshot Detection System Market Share, Size, Trends, Industry Analysis Report, By Application (Indoor, Outdoor); By Solution; By End Use; By Installation; By Region; Segment Forecast, 2023 - 2032” in its research database.
“As per the latest research analysis, the global gunshot detection system market size/share will be valued at roughly USD 4.88 Billion in 2022, and its revenue is projected to reach about USD 11.15 Billion By 2032. The market is forecasted to expand at a compound annual growth rate of approximately 8.6% between 2023 and 2032.”
What are Gunshot Detection Systems? How Big Is Gunshot Detection System Market Size & Share?
- Overview
A gunshot detection system is a tool that uses a network of outdoor acoustic sensors to detect, verify and convey the location of gunfire or other weapon fire such as shotguns, rifles, handguns, and automatic rifles. This system is used by security, military, law enforcement, schools, businesses, and government offices. A gunshot detection system basically comprises three components including microphones or sensors, a processing unit, and a user interface that displays gunfire alerts.
Some of the key features offered by this system: It offers the ability for instant playback of gunshot sounds, assessment and incident management from a remote and secure location, pre-programmed automated alerts to security personnel or public safety officials, and adjustable event triggering sensitivity. Increased use of these systems by law enforcement, internal security organizations, and the military to locate shootings is driving the gunshot detection system market size growth.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Some of the Key Companies Covered Are:
- 3xLogic Corporation
- Alarm Systems
- Amberbox
- Databuoy Corporation
- Information System Technologies
- Louroe Electronics
- Qinetiq Group
- Raytheon Technologies
- Safe Zone Technologies
- Shooter Detection Systems
- Shotspotter
- Tracer Technology Systems
- V5 Systems
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Prominent Growth Driving Factors
- Rise in gun-related fatalities: In recent years, the number of fatalities resulting from mass shootings and other gun-related crimes has shown a significant rise. According to CDC’s report, 45,222 individuals lost their lives due to gun-related accidents in the United States in 2020. These figures involve suicides, gun crimes, and other types of gun-related deaths, according to a report by CDC.
- Increased demand for gunshot detection systems: Due to the developments in reliability, false triggering immunity, and sensors, gunshot detection is now becoming an attractive service for law enforcement agencies. Modern gunshot detection systems are in high demand among businesses all over the world since they may assist them to avoid risks.
- Strong government guidelines: The market is gaining traction owing to the increase in shootings and gun sales which has led governments across the globe to introduce new regulations. A number of countries worldwide are implementing stronger gun control laws which are propelling the growth of gunshot detection system market.
- Demand from law enforcement and military sectors: In order to improve the potential in reacting to active shooter conditions and tackle zones, law enforcement organizations are eagerly looking for updated technologies. Wearable gunshot detection systems have the ability to locate gunfire which enables law enforcement officers and military personnel to act more effectively and reduce mortality.
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Top Report Findings
- Rising adoption of technologies by many law enforcement agencies, increase in the number of shootings, and surge in terrorist activities push the market growth.
- The market is segmented based on application, solution, end-use, installation, and region.
- The gunshot detection system market demand in North America is predicted to show a significant growth
Top Trends Influencing the Market
- USPTO grants patent to Shooter Detection Systems: In January 2023, the USPTO granted the Shooter Detection Systems (SDS), a division of Alarm.com, its seventh patent for their cable-free gunshot detection system, Patent No. US 11,417,183. In order to identify gunshots and notify the appropriate authorities, many manufacturers are manufacturing cutting-edge devices using standardized protocols that can smoothly interact with the majority of already existing security cameras & video management.
- Advancements in gunshot detection systems: Gunshot detection system market companies have improved their way of employing advanced technology in their products by developing a more advanced generation of gunshot detection systems that are capable of early detection, aid, and catastrophic disaster avoidance. For instance, in December 2022, the ShotSpotter gunfire detection system was launched in Durham. The technology has generated division within the community, sparking debates regarding its effectiveness and privacy implications.
Key Segment Analysis
- Fixed installation category is likely to register the fastest growth
Based on installation gunshot detection system market segmentation, the fixed installation category is anticipated to grow at the fastest rate. The key factors contributing to this growth include the improvements to the current military, academic, and school infrastructure safety systems. Fixed gunshot detection systems track a gunshot action using acoustic sensor node technology. For military purposes, these systems are situated on border crossings, walls, or poles. Growing defense expenditure coupled with increasing demand for advanced systems from most of the world's countries propels market expansion.
- The commercial segment is estimated to witness a significant gunshot detection system market share
By end-user, the commercial is projected to grow significantly owing to the increase in public safety demand. Also, the rising number of shootings and gunfire accidents in schools, commercial and government buildings, and malls has led to an increase in the demand for indoor gunshot detection systems, thereby fueling market growth.
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Gunshot Detection System Market: Report Scope
| Report Attribute | Details |
| Revenue Forecast in 2032 | USD 11.15 Billion |
| Market size value in 2023 | USD 5.29 Billion |
| Expected CAGR Growth | 8.6% from 2023 – 2032 |
| Base Year | 2022 |
| Forecast Year | 2023 – 2032 |
| Top Market Players | 3xLOGIC Corporation, 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, SHOTSPOTTER INC., TRACER TECHNOLOGY SYSTEMS, INC., and V5 SYSTEMS INC. |
| Segments Covered | By Application, By Solution, By End Use, By Installation By Region |
| Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Browse Press Release: Gunshot Detection System Market Size Worth $11.15 Billion By 2032 | CAGR: 8.6%
Geographical Overview
North America: The region dominates the gunshot detection system market because of the increase in the number of shootings and gunshots near schools, institutions, and colleges in the region. The market is expected to expand in the coming years owing to the increased need for better gunshot detection systems due to the rise in gun violence. In the US, gun crime has surged recently, leading law enforcement to utilize gunshot detection technology. Guns are extensively used in the US for hunting, target shooting, and self-defense.
Browse the Detail Report “Gunshot Detection System Market Share, Size, Trends, Industry Analysis Report, By Application (Indoor, Outdoor); By Solution; By End Use; By Installation; By Region; Segment Forecast, 2023 - 2032” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/gunshot-detection-system-market
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Recent Developments
- In September 2022, 3XLOGIC unveiled an array of enhanced deployment alternatives for user detection solutions. This device is specifically crafted to cater to expansive environments such as gyms, cafeterias, libraries, or outdoor locations, providing coverage for larger areas through the innovative Single Sensor Gunshot technology, effectively safeguarding smaller spaces during active shooter incidents.
- In December 2022, The SDS system emerged as a collaborative effort between the Department of Homeland Security, the Science and Technology Directorate, and Shooter Detection Systems.
Frequently Asked Questions
- Who are the key companies operating in the market?
- What are the major industry norms influencing the development of the industry?
- Which is the most propelling country in the industry?
- Which application or product type will obtain progressive development possibilities during the forecast period?
- What is the expected growth rate of the market during the foreseen period?
- What are the key strategies adopted by companies in the impact market?
- What are the main findings of Porter’s five forces analysis and the SWOT analysis of the major companies in the market?
Polaris Market Research has segmented the gunshot detection system market report based on application, solution, end-use, installation, and region:
By Application Outlook
- Indoor
- Outdoor
By Solution Outlook
- System
- Subscription-Based Gunshot Detection Services
By End User Outlook
- Commercial
- Defense and Government
By Installation Outlook
- Fixed Installation
- Vehicle Installation
- Soldier Mounted System
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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