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Gunshot Detection Systems Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Gunshot

The “Gunshot Detection Systems Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Gunshot Detection Systems Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Gunshot Detection Systems market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Gunshot Detection Systems Market Are:

  • Raytheon Company
  • Rheinmetall AG
  • Rafael Advanced Defense Systems Ltd
  • Israel Aerospace Industries Ltd.
  • Thales Group
  • ShotSpotter
  • ACOEM Group
  • QinetiQ
  • CILAS
  • Databuoy Corporation
  • Information System Technologies Inc.
  • Louroe Electronics
  • Safety Dynamics, Inc.
  • Microflown AVISA
  • ASELSAN AS
  • Elbit Systems Ltd.

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    Market Overview:

  • The gunshot detection systems market is anticipated to register a CAGR of 26.29% during the forecast period, 2019-2024, to reach a market value of USD 7.83 billion by 2024.
  • Increased incidences of gun-firing, especially at school premises, have led to various security measures, such as warning people in close proximity and alerting authorities to the location of the shooting. It has resulted in a growing demand for gunshot detection systems over the years.
  • Growing investment in border security is also likely to drive the market growth in the coming years, as these systems can help border security forces detect and avert any attempts of smuggling, infiltration, and illegal immigration; moreover, with a little modification of the system, it might be possible for the manufacturers to help forces identify perpetrators and detect illegal entry even in the absence of gunshots.
  • Various law enforcement agencies worldwide are now deploying various tactics in order to curb the increased incidents related to the mass shooting, which will further increase the demand and interest for advanced gunfire detection technology.

    Scope of the Report:

  • A gunshot detection system is a system that detects and conveys the location of gunfire or any other weapon fire with the help of acoustic, optical, or any other type of sensors, as well as a combination of these sensors.

    Gunshot Detection Systems Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Gunshot Detection Systems market?
    • What are the key market trends impacting the growth of the global Gunshot Detection Systems market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Gunshot Detection Systems market?
    • What are the market opportunities and threats faced by the vendors in the global Gunshot Detection Systems market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Gunshot Detection Systems market?

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    Key Market Trends:

    Outdoor Gunshot Detection Systems Segment projected to grow at a High Pace

    The gunshot detection systems market has been classified into indoor and outdoor. In 2018, the outdoor segment accounted for a major share. However, the indoor segment is anticipated to register the highest CAGR during the forecast period. This is primarily due to the increasing incidences of shootings at school premises in the past couple of years, which will likely force such institutions to increase their perimeter security by installing indoor gunshot detection systems during the forecast period.

    Europe expected to see the highest growth

    Although Europe has much stricter regulations in terms of gun ownership, there were many incidents of mass shooting since 2015 in European countries. Russia, Ukraine, France, and Germany experienced higher injuries due to mass shootings in 2016. Several Law Enforcement agencies across Europe have plans to procure and install these advanced systems to enhance the security of their respective cities.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Gunshot Detection Systems Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Gunshot Detection Systems.

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    Report Objectives:

    • Analyzing the size of the Gunshot Detection Systems market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Gunshot Detection Systems market.
    • Determining the key dynamics of the Gunshot Detection Systems market.
    • Highlighting significant trends of the Gunshot Detection Systems market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Gunshot Detection Systems market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Gunshot Detection Systems market.

    Detailed TOC of Gunshot Detection Systems Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product Type
    5.1.1 Indoor
    5.1.2 Outdoor
    5.2 Application
    5.2.1 Defense
    5.2.1.1 Acoustic
    5.2.1.1.1 Vehicle (Ground and Aerial)
    5.2.1.1.2 Fixed/ Ground Installation
    5.2.1.1.3 Other Acoustic Applications
    5.2.1.2 Optical
    5.2.1.2.1 Vehicle (Ground and Aerial)
    5.2.1.2.2 Fixed/ Ground Installation
    5.2.2 Homeland/Law Enforcement
    5.2.2.1 Acoustic
    5.2.2.2 Optical
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Middle East
    5.3.5 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Raytheon Company
    6.4.2 Rheinmetall AG
    6.4.3 Rafael Advanced Defense Systems Ltd
    6.4.4 Israel Aerospace Industries Ltd.
    6.4.5 Thales Group
    6.4.6 ShotSpotter
    6.4.7 ACOEM Group
    6.4.8 QinetiQ
    6.4.9 CILAS
    6.4.10 Databuoy Corporation
    6.4.11 Information System Technologies Inc.
    6.4.12 Louroe Electronics
    6.4.13 Safety Dynamics, Inc.
    6.4.14 Microflown AVISA
    6.4.15 ASELSAN AS
    6.4.16 Elbit Systems Ltd.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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