Homeland Application Segment to Grow at the Highest CAGR in the Gunshot Detection System Market, with Increasing Shooting Incidences at Schools, Hospitals, and Other Public Places, Globally

Fri, 19 April 2019 5:25

Gunshot detection systems are advanced security systems that employ audio sensors and cloud-based software to detect gunshots and notify authorities. These systems are commonplace among militaries and law enforcement and security agencies to identify the direction of gunfire. The use of gunshot detection systems in the military has been increasing, owing to the increasing narcos and terrorist activities worldwide. Increasing criminal activities have also been fuelling the demand for gunshot detection systems in urban areas around the world.

Segmental Insights

The global gunshot detection system market has been segmented on the basis of installation type, system type, and application.

On the basis of installation, the market has been segmented into indoor and outdoor. The outdoor segment currently dominates the market and is pegged to retain the leading position throughout the forecast period (–2026).

On the basis of system type, the market has been segmented into fixed systems, vehicle-mounted systems and portable systems. Military installations use fixed installations on walls, poles or border crossings. Further, fixed electro-optic systems are used by military personnel for enemy sniper localization.

On the basis of application, the market has been segmented into homeland and defense. The homeland application segment is anticipated to grow at the highest rate during the forecast period (–2026), owing to the increasing mass shooting incidents at educational institutions.

Regional Insights

Geographically, the global gunshot detection system market has been segmented into North America, Europe, Asia Pacific, and Latin America and the Middle East & Africa (LAMEA).

North America holds the largest market share due to the increasing gunfire incidences in the region. Major players contributing to market growth in North America market are SST, Inc., Raytheon BBN Technologies, QinetiQ North America, and Shooter Detection System LLC.

Europe is pegged to be the fastest growing market for gunshot detection systems, due to the increasing adoption of these systems in various cities across the region. Asia Pacific is expected to account for the highest market share during the forecast period, with rapid development of smart city projects in several countries across the region. The Latin America, Middle East, and Africa (LAMEA) region has been witnessing significant growth in the gunshot detection system market, backed by sturdy economic growth in the region.

Competitive Landscape

Some of the key players identified in the gunshot detection system market are Shotspotter Inc. (U.S.), ACOEM Group (France), Qinetiq North America (Vencore) (U.S.), CILAS (ArianeGroup GmbH) (France), Databuoy Corporation (U.S.), Israel Aerospace Industries Ltd. (Israel), Information System Technologies Inc. (U.S.), Louroe Electronics (U.S.), Thales Group (France), and Shooter Detection System LLC (U.S.).

The gunshot detection system market is fragmented with the presence of several providers, and the competitive dynamics are expected to change in coming years. Players across the value chain depend on third-party providers and hardware and software providers, creating an interdependency for efficient performance. Among all players, ShotSpotter Inc. currently leads the gunshot detection market.

In August 2018, Shotspotter Inc. expanded its partnership with Verizon Communications Inc. to offer gunshot detection services to its customers.

Global Gunshot Detection System Market

By Type

  • Fixed System
  • Vehicle Mounted System
  • Portable System

By Installation

  • Indoor
  • Outdoor

 By Application

  • Homeland
  • Defence

By Geography

  • North America
  • Europe
  • Asia Pacific
  • LAMEA