Global Gunshot Detection System Strategic Business Report 2023: Accuracy Benefits Fuel Popularity of Acoustic Gunshot Detection Systems

Dublin, Feb. 03, 2023 (GLOBE NEWSWIRE) -- The "Gunshot Detection System - Global Strategic Business Report" report has been added to's offering.

The global market for Gunshot Detection System estimated at US$681 Million in the year 2022, is projected to reach a revised size of US$1.1 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030.

Fixed Installation, one of the segments analyzed in the report, is projected to record a 7.1% CAGR and reach US$675.7 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Vehicle Installation segment is readjusted to a revised 5.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $199.2 Million, While China is Forecast to Grow at 6.2% CAGR

The Gunshot Detection System market in the U.S. is estimated at US$199.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$198.5 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.9% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select Competitors (Total 44 Featured) -

  • Acoem Group
  • Battelle Memorial Institute
  • Compagnie Industrielle des Lasers (CILAS)
  • Databuoy Corporation
  • EAGL Technology
  • Information System Technologies, Inc.
  • Louroe Electronics
  • Microflown AVISA B.V.
  • Rafael Advanced Defense Systems Ltd.
  • Raytheon Company
  • Rheinmetall AG
  • Safety Dynamics, Inc.
  • Shooter Detection Systems
  • ShotSpotter Inc.
  • Thales Group
  • Tracer Technology Systems, Inc.
  • V5 Systems, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Report Attribute Details
No. of Pages 243
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $681 Million
Forecasted Market Value (USD) by 2030 $1100 Million
Compound Annual Growth Rate 6.2%
Regions Covered Global

Key Topics Covered:




  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Gunshot Detection System - Global Key Competitors Percentage Market Share in 2022 (E)
  • Gunshot Detection System: Next Generation Analytics-Based Security Solution
  • Rising Incidence of Global Security Concerns Provides Cornerstone for Growth in the Market
  • Number of Terrorist Attacks by Region for the Years 2002-2018
  • Rise in Civilian Gun Ownership Worldwide Highlights the Urgent Need for Gun Detectors: Number of Firearms (Per 100 People) by Leading Countries (2019)
  • Growing Military Expenditure Bodes Well for Future Market Prospects
  • Global Military Spending (In US$ Billion) for the Years 2015, 2017, 2019, 2021 & 2023
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • Increasing Numbers of Mass Shootings at Public Places Boosts Adoption by Law Enforcement Agencies
  • Growing Civilian Gun Ownership in North America Augments Demand for Gun Detection Technology
  • Percentage (In %) of US Households Owning Firearms for the Years 2009, 2012, 2015, 2018 & 2019
  • Growing Investments in Border Security Technology and Equipment
  • Mandatory Installation of Gunshot Detection Systems Expands the Addressable Market
  • Gunshot Detection, A Critical Component of Smart City Design
  • Opportunity Indicator: Global Technology Spending (In US$ Billion) on Smart City Initiatives for the Years 2019, 2021, 2023 & 2025
  • Accuracy Benefits Drive Popularity of Acoustic Gunshot Detection Systems
  • Technology Innovations Remain Crucial to Future Growth
  • Guardian Direct Connect Provides Protection Against Active Shooter Threats
  • Next-Generation Gunfire Detector Features Cloud and Machine Learning Capabilities
  • Instant Gunfire Notification Enhances Response Time of Law Enforcement Agencies
  • Artificial Intelligence Powered Gun Detection Technology
  • High Installation Costs Deters Adoption
  • Covid-19 Outbreak to Challenge Market Growth




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02/03/2023 15:58

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