Title: Gunshot Detection Systems Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
1Gunshot Detection Systems Market Forecast, Demand
Analysis, Market Share, Market Report (2021-2026)
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- The Global market for gunshot detection system is
forecast to reach 980 million by 2025, growing
at a CAGR of 11.8 from 2020 to 2025. - The market growth is attributed to the
technological advancements and the need for
homeland and defence security. - Moreover, terrorist threats and rising criminal
activities leads to increase in demand for
gunshot detection system and thereby enhance the
market growth during the forecast period of
2020-2025.
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- Key Takeaways
- Investments made in border fortification is also
expected to fuel market growth in the years
ahead, as these devices help border control
forces in tracking and preventing any efforts to
smuggle, penetrate and illegal colonisation. - North America region dominated the global gunshot
detection system market in 2019 owing to the
presence of advanced security system, large
number of manufacturers and the increasing
gunfire incidents in this region.
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By Distribution Channel- Segment
Analysis Outdoor product type segment held the
highest market share of gunshot detection system
in 2019. Moreover, it is anticipated to witness
the significant market growth during the forecast
period 2020-2025.The market growth is due to
increase in demand for the gunshot detection
system owing to rising criminal activities and
murders in public places. Furthermore, demand
from military for utilisation of the gunshot
detection system at border and confrontation
region for security is enhancing the market
growth. In April 2019, Hawk Outdoor Gunshot
Detection Sensor was launched by Shot Tracer
which is cost effective and extremely accurate.
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- Gunshot Detection Systems Market Industry
Outlook - Raytheon
- Thales Group
- ACOEM
- SST (ShotSpotter)
- Shooter Detection Systems LLC.
- Battelle Memorial Institute
- Louroe Electronics
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Gunshot Detection Systems Market - Forecast(2021
- 2026) Learn More About the Report _at_
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tion-Systems-Market-Research-507524
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- Analyst Briefing
- Data Tables
- Key Contacts
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