Gunshot Detection Market

Global Gunshot Detection Market Size (2023 to 2028)

The global gunshot detection market size is expected to be worth USD 725.29 Million in 2023. It is expected to grow at a CAGR of 10.5% during the forecast period and reach a value of USD 1,194.88 Million by 2028.

Gunshot detection technologies, also known as gunshot locators, are systems that are used to detect and transmit the locations of shots fired at a distance. This is done using acoustic or optical sensors, as well as a combination of such sensors. The increased incidence of gunfire, especially at school premises, led to various security measures, such as warning people nearby and alerting authorities at the shooting site. This has resulted in an increasing demand for gunshot detection systems over the last few years.

MARKET DRIVERS:

Increased investment in border security is also likely to drive market growth in the coming years as these systems can help border security forces detect and prevent any attempted smuggling, infiltration, and illegal immigration. Additionally, with a small modification to the system, manufacturers can help forces identify perpetrators and detect illegal entries even in the absence of gunfire.

The outdoor segment should see strong growth in the gunshot detection market in the coming years. In 2018, the outdoor segment represented a significant share compared to the indoor segment. However, the indoor fragment is expected to post the highest CAGR during the outlook period. This is mainly due to the increased incidence of shootings at school facilities over the past two years, which may force these institutions to strengthen their security perimeter by installing indoor shooting detection systems in the coming years.

The main factor driving the global gunshot detection market is the increasing incidence of gunshots in public places such as hospitals, schools, and subway/rail stations. Terrorism around the world and other violent activities in public places are prompting national security forces to adopt gunshot detection technologies to alleviate the number of victims at the shooting scene. In addition, cross-border shootings around the world are also encouraging defense forces to install gunfire detection systems at borders. This factor is also driving the global gunshot detection market.

MARKET RESTRAINTS:

High initial costs associated with implementing gunshot detection systems, false positive rates and privacy concerns are primarily hampering the growth of the gunshot detection market.

Impact of COVID-19 on the gunshot detection market:

Coronavirus has had an immense impact on their businesses, with lockdown measures being implemented in several nations to curb the spread of this virus among people. Industry experts estimate that COVID-19 could affect the production and services of gunshot detection systems by 7% to 10% globally in 2021. The rapid spread of coronavirus in Europe, the United States, and Asia-Pacific has resulted in a significant drop in the demand for gunshot detection systems (GDS) globally, with a corresponding reduction in revenues for various GDS providers and service providers across the world markets due to delays in delivery and shutdown of production, limited personnel in manufacturing facilities, and less availability of equipment. Global demand for GDS is supposed to fully recover by 2022, according to industry experts.

REPORT COVERAGE:

This research report on the global gunshot detection market has been segmented and sub-segmented into the following categories.

Gunshot Detection Market – By Product Types:

• Indoor Shooting
• Outdoor Shooting

Gunshot Detection Market – By Installation Types:

• Fixed
• Vehicle-mounted
• Portable

The Fixed Trip Detection Installation System is the market leader and is expected to dominate for years to come. This is due to the use of acoustic sensor node technology that detects the trigger from a long distance.

Gunshot Detection Market – By Components:

• Sensors Or Microphones
• Processing Units
• Display Unit

Gunshot Detection Market – By End Users:

• National Securities
• Defense Industry

The national securities and defense industry constitutes the end-user segment of the gunshot detection market. Defense sectors around the world make extensive use of gunfire detection systems to identify the shooting region or zone. The installations are usually in armored vehicles, border crossings, and portable bodies among others. Homeland defense services in developed and developing countries adopt these gunshot detection technologies to enhance regional security.

Gunshot Detection Market – By Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Geographically, the gunshot detection market is spread across North America, Europe, Asia-Pacific, the Middle East, Africa, and Latin America. North America and Europe are the main regions of the gunshot detection market in the current scenario, which are supposed to offer lucrative opportunities in the foreseen years.

KEY MARKET PLAYERS:

Companies operating in the global gunshot detection market include Thales Group (France), Rafael Advanced Defense Systems Ltd. (Israel), QinetiQ Group (US), Raytheon Company (US), Safety Dynamics (USA), Rheinmetall AG (Germany), Tracer Technology Systems, Inc. (USA), Shooter Detection Systems LLC (USA), ELTA Systems Ltd. (Israel) and Information Systems Technologies, Inc. (United States).

RECENT HAPPENINGS IN THE MARKET:                        

• In 2017, a gunman opened fire on an outdoor country music concert, killing around 58 people and injuring more than 850 people. In addition, easier installation of these systems on pillars, walls, poles, lampposts and buildings, among others, is expected to further increase the segment's share.
• In 2018, ShotSpotter Inc. and the Chicago government signed a multi-year agreement to expand their shot detection coverage, which is worth $ 23 million.
• In 2019, the Scientific and Industrial Research Council (CSIR) introduced an optical missile detection and fire detection system that uses an infrared camera with proprietary optical sensors to perform operations.
• In 2019, the Columbus government and police announced the expansion of their gunshot detection systems in Linden.