According to Stratistics MRC, the Global Gunshot Detection System Market is accounted for $812.5 million in 2022 and is expected to reach $1904.0 million by 2028 growing at a CAGR of 15.25% during the forecast period.
A gunshot detection system uses optical, acoustic, or other types of sensors, as well as a combination of these sensors, to help detect and transmit gunfire or the discharge from other weapons. They give the necessary situational awareness for swift and accurate defence against hostile attacks, enhancing public safety from threats like snipers and other shooting. Additionally, these devices might be used in the military to help soldiers locate enemy fire on the battlefield and detect it. They are employed for a variety of purposes, including by the military, law enforcement, and security organisations to make it easier to determine the direction of firing.
Major cities are seeing an increase in the number of public gun shootings. The precise location of the gunshot can be determined using gunshot detection equipment. Schools, hospitals, and universities can all install this technology. The market for gunshot detection may be driven by the need to ensure the safety of residents and pupils.
By geography, North America is projected to hold the largest market share during the forecast period owing to the rising installation of these detection systems by different law enforcement agencies, rising security concerns, and rising frequency of mass shootings in the area, the market is expected to develop. The increased use of gunfire monitoring systems is blamed for the market expansion. Such collaborations and the use of the gunshot detection system in educational institutions and other settings promote market expansion.
Some of the key players profiled in the Gunshot Detection System Market include Raytheon Company, Shooter Detection Systems LLC., Thales Group, ShotSpotter Inc., Battelle Memorial Institute, ACOEM Group, SST, Safety Dynamics, LLC., Tracer Technology Systems, Inc., Korps Pasukan Khas, Information System Technologies Inc., Louroe Electronics, Databuoy Corporation, Stanley Security and V5 Systems, Inc.
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- Vehicle Mounted Systems
- Fixed Systems
- Portable Systems
- Soldier Mounted
- Other Types
- Software as a service
- Other Solutions
- Civil Law Enforcement Agencies
- Critical Infrastructure
- Other Applications
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