Gunshot Detection System Market, by Application (Commercial, Défense), Installation (Fixed, Soldier Mounted, and Vehicle Mounted), Product Type (Indoor, and Outdoor), and region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).
The global Gunshot Detection System Market size is projected to reach a CAGR of 9.7% from 2023-2030.
A typical gunshot detection system uses a series of acoustic sensors to detect and transmit the firing position of gunshots. These systems can be used by internal security agencies, law enforcement agencies, and the military to detect shootings. The system can be installed in high-security buildings, strategic facilities, and other areas to accurately warn about potential enemy fires. In addition, the gunshot detection system uses acoustic detection technology to identify and report gunshots to the police within seconds of being fired. A gunshot detection system consists of a sensor that detects gunshots, a transmitter that sends a message to a police control center, and a computer that receives & displays the message.
The growth of gunshot detection systems is driven by factors such as a surge in the adoption of IoT, a rise in incidences of shooting, and an increase in the utilization of gunshot detection systems are expected to propel the gunshot detection market growth. Moreover, security in new smart cities and a rise in the adoption of wearable gunshot detection devices in North America are anticipated to provide growth opportunities for the gunshot detection system market during the forecast period.
On the other hand, high costs associated with gunshot detection and incorporating sensors in devices incur extra value and reduce the life of the device which will hamper the growth of the market.
COVID-19 hurt the gunshot detection system market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for the gunshot detection system. The supply chain got hampered during the pandemic along with delayed logistics activities. However, the gunshot detection system market is expected to regain its pace during the post-pandemic scenario due to the easing of the restrictions.
The adoption of IoT and the increasing use of gunshot detection systems are expected to fuel the growth of the gunshot detection market, with a rise in shooting incidents being a significant contributor. The commercial segment is predicted to see the highest growth rate during the forecast period. The demand for enhanced security in modern smart cities is one of the driving factors behind the growth of the gunshot detection system market, as businesses and institutions seek to protect themselves and their assets.
The market growth may be impeded by the high costs related to gunshot detection and sensor integration in devices, which can increase the device's cost and decrease its lifespan.
North America to Dominate the Market