Gunshot Detection Systems Market Emerging Trends Analysis by 2027 - PowerPoint PPT Presentation

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Gunshot Detection Systems Market Emerging Trends Analysis by 2027

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The Gunshot Detection Systems Market size is projected to grow from USD 4.9 Billion in 2022 to USD 7.8 Billion by 2027, at a CAGR of 9.7% from 2022 to 2027. – PowerPoint PPT presentation

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Title: Gunshot Detection Systems Market Emerging Trends Analysis by 2027


1
Gunshot Detection Systems Market Projected to
Reach 7.8 Billion by 2027 at a CAGR of 9.7
The Gunshot Detection Systems Market is projected
to grow from USD 4.9 Billion in 2022 to USD 7.8
Billion by 2027, at a CAGR of 9.7 from 2022 to
2027. The market for gunshot detection systems
is anticipated to expand as a result of the
rising number of that occur in
shootings schools, hospitals. police
universities, and In addition,
  • enforcement agencies are using the technology
    more and more frequently, particularly in the
    North American region.
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    sp?id58054729
  • Based on Installation, fixed installation segment
    is expected to dominate market share during the
    forecast period. In the approaching years, the
    fixed installation category would experience
    substantial expansion. The improvement in the
    safety system of the existing infrastructures of
    schools, colleges, and the military is to blame
    for the increase in segment compensation. The
    market is being driven by the initiative by the
    law enforcement agencies to increase the safety
    of the public.
  • Based on solution, the system segment of the
    Gunshot Detection System market dominates market
    share because the law enforcement authorities are
    utilizing the advanced optical gunshot detection
    systems to enhance the public safety. In gunshot
    detection systems, several sensors, such as
    Acoustic sensors and display systems, are
    employed. The need for gunshot detection systems
    is rising due to an increase in firearm events
    throughout the world.
  • Based on Application, outdoor segment is expected
    to account for the largest market share during
    the forecast period. This is owing to the
    significant increase in open fire incidents in
    the counties like US, Canada, UK etc. which is
    likely to stimulate the need for Gunshot
    Detection System solutions. In 2022, the outdoor
    sector is expected to be the largest, and it is
    probable that it will maintain its dominance
    throughout the

2
forecast period. The greater coverage area and
greater precision are to blame for the
growth. Based on Region, North America accounted
for the largest market share in 2022. The market
for Gunshot Detection System in the aviation
sector is expected to grow due the installation
of the advanced gunshot detection systems
around the North American countries to counter
the open fire incidents occurring in the region.
The US account for the major market Share of the
North America. Over the last several years,
there has been a rise in gun violence in the
United States, which has prompted law
enforcement agencies to deploy gunshot detection
systems. The Second Amendment to the US
Constitution guarantees constitutional protection
for gun ownership, which is the highest in the
world. In the United States, firearms are
frequently used for target shooting, hunting,
and self-defense. Advanced gunshot detection
technologies that can swiftly inform the
authorities and shorten the reaction times of law
enforcement agencies are being installed in the
United States. Key Market Players Major players
operating in the Gunshot Detection System market
include Shot spotter, Inc. (US) and Shooter
Detection Systems LLC (US), Raytheon Technologies
Corporation (US), QinetiQ Group (US), ACOEM
Group (France), THALES (France), and Elta
Systems Ltd. (Israel). These companies have
reliable manufacturing facilities as well as
strong distribution networks across key regions,
such as North America, Europe, and Asia
Pacific. News Also Covered https//www.prnewswire
.com/news-releases/gunshot-detection-
systems-market-worth-7-8-billion-by-2027---exclusi
ve-report-by-marketsandmarkets- 301725726.html
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