Global Gunshot Detection System Market Analysis and Forecasts 2017-2025 - ShotSpotter is the Leading Gunshot Detection System Market Globally


Dublin, Sept. 25, 2018 (GLOBE NEWSWIRE) -- The "Gunshot Detection System Market to 2025 - Global Analysis and Forecasts by Product Type, Installation and Application" report has been added to ResearchAndMarkets.com's offering.

The global gunshot detection system market accounted for US$ 850.2 Mn in 2017 and is expected to grow at a CAGR of 22.6% over the forecast period 2018-2025, to account for US$ 4325.0 Mn in 2025.

The demand for gunshot detection systems is largely influenced by a number of factors such as increasing firearm related crimes worldwide. Weapon related fierceness are devastating these days across the globe. Unfortunately, these incidents of violence are increasing rapidly and are unreported in many cases. Therefore, it has become essential for state and local law enforcement agencies to deploy solution which can take detect/prevent such cases in future.

Also, during the past few years, several incidents of gunfire took place in public areas as well as commercial infrastructure. One such miserable instance took place in Las Vegas in 2017, in which 58 people were killed and hundreds of others were injured by a gunman. Further, in 2014, a terrorist attack in a School of Pakistan killed around 150 people. Increase in such incidences are fueling the gunshot detection system market growth for homeland security. As per SecurityInfowatch, around 300 mass shootings incidences occurred in the U.S. alone during 2015. Attributed to the above mentioned factor, the gunshot detection systems is extensively deployed in educational institutes, government buildings, museums, and hotels etc.

The gunshot detection system market is fragmented with the presence of several providers in the supply chain and the competitive dynamics in the market is expected to change during the upcoming years. The players in the value chain depend on different third-party solution providers, software providers, and hardware providers. This results in over-dependency of players on each other for efficient performance.

ShotSpotter, Inc., U.S. is the leading gunshot detection system market globally. Other key players of the gunshot detection system market include Raytheon Company, Shooter Detection System LLC, Thales Group, and Safety Dynamics, Inc. among others.

On the basis of product type, outdoor segment is the leading the gunshot detection system market however, it is expected that the segment will continue its dominance during the forecast period. Currently, gunfire and violent crime are posing a significant challenge for law enforcement officers and other first responding personnel. On 10 February 2017, it is mentioned in Newsweek that there have been more than 11,600 deaths related with gun violence in the year 2017 in the U.S. Similarly, in 2016, 15,000 were killed by gun violence and there were 383 mass shootings. The U.S. ranked No. 1 in terms of firearms and it has the highest homicide by firearm rate the developed world. Also, according to the study published in journal Pediatrics, yearly an average 1,297 children die due to gun-related injuries till June 2017 in the U.S.

Key Topics Covered:

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance

2. Key Takeaways

3. Gunshot Detection System Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Global Gunshot Detection System Market - by Product
3.2.2 Global Gunshot Detection System Market - by Installation
3.2.3 Global Gunshot Detection System Market - by Application
3.2.4 Global Gunshot Detection System Market - by Geography
3.3 Porter's Five Forces
3.3.1 Bargaining Power of Buyers:
3.3.1.1 Presence of Several Established Players
3.3.2 Bargaining Power of Suppliers:
3.3.2.1 Parallel Increase In the Number of Players and End-Users
3.3.3 Threats To Substitutes:
3.3.3.1 Deployment of Video Surveillance Technology Such As Drones and Cctvs
3.3.4 Threats of New Entrants:
3.3.4.1 Established Players Holding the Major Market Share
3.3.5 Degree of Competition:
3.3.5.1 Highly Fragmented and Evolving Market

4. Gunshot Detection System Market - Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Rise In Gunshot Detection System Deployment In Commercial Infrastructure Due To Mass Killing
4.1.2 Deployment of Gunshot Detection Systems by Law Enforcement Agencies of Developed Nations
4.1.3 Reducing Casualties From Enemy Gunfire In War Zones
4.2 Key Market Restraints
4.2.1 High Installation Cost Associated With the Use of These Systems
4.3 Key Market Opportunities
4.3.1 Increase In Smart City To Expedite Gunshot Detection Systems
4.4 Future Trends
4.4.1 Gunshot Detection System Integrated With Video Surveillance
4.5 Impact Analysis of Drivers and Restraints

5. Gunshot Detection System Market - Global Market Analysis
5.1 Global Gunshot Detection System Market Overview
5.2 Global Gunshot Detection System Market Forecast and Analysis

6. Gunshot Detection System Market Revenue and Forecast To 2025 - Product Type
6.1 Overview
6.2 Global Gunshot Detection System Market Breakdown, by Product Type, 2017 & 2025
6.3 Indoor Market
6.4 Outdoor Market

7. Gunshot Detection System Market Revenue and Forecast To 2025 - Installation
7.1 Overview
7.2 Global Gunshot Detection System Market Breakdown, by Installation, 2017 & 2025
7.3 Fixed Installation Market
7.4 Wearable Installation Market
7.5 Vehicle Mounted Installation Market

8. Gunshot Detection System Market Revenue and Forecast To 2025 - Application
8.1 Overview
8.2 Global Gunshot Detection System Market Breakdown, by Application, 2017 & 2025
8.3 Military Market
8.4 Law Enforcement Market

9. Gunshot Detection System Market - Geographical Analysis

10. Industry Landscape
10.1 Market Initiative
10.2 New Development

11. Competitive Landscape
11.1 Competitive Product Mapping
11.2 Market Positioning - Global Top 5 Players Ranking

12. Gunshot Detection System Market, Key Company Profiles

  • Raytheon Company
  • ShotSpotter, Inc.
  • Shooter Detection Systems LLC
  • AmberBox Inc.
  • Louroe Electronics
  • Safety Dynamics Inc.
  • Microflown Avisa BV
  • Rheinmetall AG
  • QinetiQ North America
  • Databuoy Corporation

For more information about this report visit https://www.researchandmarkets.com/research/djg2c2/global_gunshot?w=12



            

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