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$7.13 Billion Gunshot Detection System Market to 2026 - ResearchAndMarkets.com

BWW News Desk
January 17, 2019

The a referrerpolicyunsafeurl targetblank hrefhttpswwwresearchandmarketscomresearchzm48nz713billionw4 relnofollowGunshot Detection System Global Market Outlook 20172026a report has been added to strongResearchAndMarketscomsstrong offering pblockquotep idpullquotepblockquote p According to this report the Global Gunshot Detection System market accounted for 93002 million in 2017 and is expected to reach 713002 million by 2026 growing at a CAGR of 254 during the forecast period p p Increasing incidences of shootings at schools universities and hospitals and reducing rival gunfire fatalities in war zones are some of the factors propelling for the growth of the market p p However huge installation price of the systems in cities and high charge of bogus alarms and unobserved gun blast incidents are hampering the market p p Furthermore gush in setting up of gunshot detection systems in smart cities for security measures is projected to grant abundant opportunities for the expansion of the market p p Based on the installation the fixed segment is projected to grow during the estimated period as it utilizes the acoustic sensor node recognition technology to detect a gunshot incident p p By geography the North American region is approximated to grow owing to a high number of firearmrelated deaths especially in the United States In the United States the death rate is 25 times higher than other countries Therefore the US administration is planning to install indoor detection technology at universities corporate office locations and commercial facilities among others in the coming years p p strongSegments Coveredstrong p p Types p ul li Outdoor li li Indoor li ul p Products p ul li Chrome Steel li li Acrylic li li Glass li li Ceramic li li Other Products li ul p Components p ul li Processing Units li li Sensors or Microphones li li Display Unit li ul p Technologies p ul li Optical li li Acoustic li li InfraRed li li Other Technologies li ul p Installations p ul li Vehicle Mounted li li Portable Systems li li Fixed li li Wearable li ul p Applications p ul li HomelandLaw Enforcement li li Defense li ul p strongCompanies Profiledstrong p ul li Elbit Systems Ltd li li Databuoy LLC li li ShotSpotter Inc li li Raytheon Company li li Thales SA li li Battelle Memorial Institute li li Rafael Advanced Defence Systems Limited li li Microchip Technology li li Safran Electronics amp Defense SAS li li Rheinmetall Aktiengesellschaft li li ELTA Systems Ltd li li Acoem Group li li Israel Aerospace Industries Ltd li li Compagnie Industrielle des Lasers CILAS SA li li QinetiQ North America Inc li li Shooter Detection Systems LLC li li Safety Dynamics Inc li li Information Systems amp Services Inc li li V5 Systems Inc li li Louroe Electronics Inc li ul p For more information about this report visit a referrerpolicyunsafeurl targetblank hrefhttpswwwresearchandmarketscomresearchzm48nz713billionw4 relnofollowhttpswwwresearchandmarketscomresearchzm48nz713billionw4a p

SOURCE: BUSINESS WIRE. ©2015 Business Wire

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