Gunshot Detection System Market

Gunshot Detection System Market by Application (Commercial, Defense), Installation (Fixed Installations, Vehicle Installations, Soldier Mounted), System (Indoor, Outdoor), Solution (Systems, SaaS) and Region - Global Forecast to 2024

Report Code: AS 3081 Apr, 2019, by marketsandmarkets.com

[144 Pages Report] The Gunshot Detection System (GDS) market is estimated at USD 564 million in 2019 and is projected to reach USD 1,008 million by 2024, at a CAGR of 12.30% from 2019 to 2024. Factors that are expected to fuel the growth of the gunshot detection system market are the increasing incidences of shooting at schools, universities, and hospitals. Apart from this there is an increasing adoption of these systems by law enforcement agencies especially from the North American region

Gunshot Detection System Market

On the basis of application, the commercial segment is projected to grow at the highest CAGR during the forecast period

Based on application, the commercial segment of the gunshot detection system market is projected to grow at the highest CAGR during the forecast period. The demand for increased security in futuristic smart cities is a factor driving the gunshot detection system market. In the last 3 to 5 years large-scale installations of gunshot detection systems have taken place in cities of North America and some parts of Europe. Defense utilization of gunshot detection systems involves installation on armored vehicles, soldier wearables, border crossings, and for military installations at buildings and bases, among others. Defense systems are focused at localization of the origin gunshots and providing information for counter-offensive strategies.

Increasing demand for gunshot detection systems among public safety agencies is expected to drive the market for gunshot detection system during the forecast period

Based on installation, the fixed installations segment is expected to grow at the highest CAGR during the forecast period. The global market is dominated by the vehicle installations segment, and the market size for GDS systems on vehicle installations will increase based on the increasing demand for armored vehicles from the militaries.

Gunshot Detection System Market

The North America region is expected to lead the gunshot detection system market from 2018 to 2030

The US gunshot detection system market is projected to grow at the highest CAGR during the forecast period. Growth in gun ownership in the US and illegal arms sale have contributed to the threat of gunfire-related incidents. Rise in deaths or homicide incidents due to the use of guns is a major concern. The GDS market in North America is expected to witness growth, owing to the high number of firearm-related deaths in the region, especially in the US where the firearm-related death rate is 25 times higher than other countries.  Major US cities are planning to install indoor gunshot detection systems at universities, corporate office locations, and financial facilities, among others, over the next 5 years.

Key Market Players

The major players in the gunshot detection system market include SST, Inc. (US), Raytheon (US), QinetiQ North America (US), Shooter Detection Systems, LLC. (US), Acoem Group (France), and Thales Group (France), among others. SST, Inc is one of the key market players engaged in securing contracts to increase the sale of gunshot detection systems.

Scope of the Report

Report Metric

Details

Market size available for years

2019-2024

Base year considered

2018

Forecast period

2019-2024

Forecast units

Value (USD)

Segments covered

Solution, System, Application, Installation and Region

Geographies covered

North America, APAC, Europe, Middle East, and RoW

Companies covered

SST, Inc. (US), Raytheon BBN Technologies (US), QinetiQ North America (US), Shooter Detection Systems, LLC (US), and Acoem Group (France), amongst others

This research report categorizes the gunshot detection system market based on solution, system, application, installation, and region.

On the basis of Solution, the GDS market has been segmented as follows:

  • System
  • SaaS

On the basis of Application, the GDS market has been segmented as follows:

  • Commercial
  • Defense

On the basis of System, the GDS market has been segmented as follows:

  • Outdoor
  • Indoor

On the basis of Installation, the GDS market has been segmented as follows:

  • Vehicle Installation
  • Soldier Mounted
  • Fixed Installation

On the basis of Region, the GDS market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Middle East
  • Rest of the World (RoW)

Recent Developments

  • In September 2018, SST, Inc. (US) signed a multi-year contract worth USD 23 million with the city of Chicago to cover an area spanning 12 police districts for a total of over 100 square miles for 3 years with an option to extend it up to 5 years.
  • In September 2016, SST, Inc. (US) secured a contract with Cape Town’s Department of Safety and Security for the installation of ShotSpotter Flex technology over 7 square kilometers (more than 4 square miles) in the high-crime areas of Manenberg and Hanover Park in Cape Town, South Africa.
  • In September 2016, SST, Inc. (US) announced the launch of a new ShotSpotter mobile app designed to extend ShotSpotter Flex alerts to a new native browser user interface, and native mobile iOS and Android platforms. The new mobile app is designed to provide situational awareness to speed-up officer response time and enhance safety.

Key Questions addressed by the report

  • What are your views on the growth perspective of the gunshot detection system market?
  • What are the key dynamics and trends such as drivers and opportunities that govern the market?
  • What are the key sustainability strategies adopted by leading players operating in the gunshot detection system market?
  • What are the new emerging technologies and use cases disrupting the gunshot detection system industry?
  • Which are the key applications where the gunshot detection system is playing a significant role?
  • What are the key trends and opportunities in the GDS market across different regions and respective countries?
  • Who are the key players and innovators in the partnership ecosystem?
  • How is the competitive landscape changing the client ecosystem and impacting their revenue share?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Distribution Channel Participants
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Market Definition & Scope
           2.2.2 Gunshot Detection Market, By Installation
           2.2.3 Exclusions
    2.3 Research Approach & Methodology
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Regional Gunshot Detection Market
                    2.3.1.2 Gunshot Detection Market Size, By Installation
                    2.3.1.3 Gunshot Detection Market, By System
           2.3.2 Top-Down Approach
    2.4 Data Triangulation
    2.5 Assumptions for the Research Study

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Growth Opportunities in the Gunshot Detection System Market
    4.2 Europe GDS Market, By Application
    4.3 North America GDS Market, By Application
    4.4 GDS Market, By Installation
    4.5 GDS Market, By Region

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Incidences of Shootings at Schools, Universities, and Hospitals
                    5.2.1.2 Minimizing Enemy Gunfire Casualties in War Zones
                    5.2.1.3 Increased Use of Gunshot Detection Systems By Law Enforcement Agencies in North America
           5.2.2 Restraints
                    5.2.2.1 High Installation Cost of Gunshot Detection System in Cities
           5.2.3 Opportunities
                    5.2.3.1 Increasing Importance of Gunshot Detection Systems in Smart Cities
           5.2.4 Challenges
                    5.2.4.1 Technological Challenges in Integration With Command and Control Systems
                    5.2.4.2 Multi-Directional Gunshot Localization Capability
                    5.2.4.3 High Rate of False Alarms and Undetected Gunshot Incidents

6 Industry Trends (Page No. - 40)
    6.1 Introduction
    6.2 Product Mapping (2012 – 2019)
    6.3 Contract Mapping for Gunshot Detection System Market
    6.4 Technological Developments
    6.5 Patent Mapping From February 2012 to January 2018

7 GDS Market, By Installation (Page No. - 49)
    7.1 Introduction
    7.2 Fixed Installations
           7.2.1 Increasing Demand for Gunshot Detection Systems From Educational Institutions, Banks, Workplaces Have Increased the Demand for This Segment
    7.3 Soldier Mounted
           7.3.1 Increasing Demand for Soldier Wearable Gunshot Detection System is Driving the Demand for Gunshot Detection System
    7.4 Vehicle Installations
           7.4.1 Increasing Demand for Vehicle Gunshot Detection System in Military is Driving the Demand for Gunshot Detection System

8 GDS Market, By Application (Page No. - 52)
    8.1 Introduction
    8.2 Commercial
           8.2.1 Public Safety
                    8.2.1.1 Increasing Demand for Public Safety is Expected to Drive This Market
           8.2.2 Education
                    8.2.2.1 Recent Shooting Incidents Have Increased the Demand for Gunshot Detection Systems in Educational Institutions
    8.3 Defense
           8.3.1 Air Force
                    8.3.1.1 Increasing Surveillance Activities for the Detection of Shooting Incidents and Protection of Drones From Gunfire is Expected to Drive This Segment
           8.3.2 Military

9 GDS Market, By Solution (Page No. - 56)
    9.1 Introduction
    9.2 Systems
           9.2.1 Increasing Gunfire Incidents Across the Globe are Leading to the Increased Demand for the Gunshot Detection Systems
    9.3 Saas
           9.3.1 Increasing Demand for Subscription-Based Gunshot Detection Systems Projected to Drive the Market

10 GDS Market, By System (Page No. - 59)
     10.1 Introduction
     10.2 Indoor
             10.2.1 Increasing Demand for Gunshot Detection System From Educational Institutions is Driving the Market for Indoor Gunshot Detection Sysetm Market
     10.3 Outdoor
             10.3.1 Increasing Demand for Gunshot Detection System for Cities, Defense Installations, and Critical Buildings is Driving the Market for Outdoor Gunshot Detection System Market

11 GDS Market, By Region (Page No. - 62)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
     11.3 Europe
             11.3.1 Germany
             11.3.2 UK
             11.3.3 Russia
             11.3.4 France
             11.3.5 Italy
             11.3.6 Ukraine
             11.3.7 Sweden
             11.3.8 Rest of Europe
     11.4 Asia Pacific
             11.4.1 China
             11.4.2 India
             11.4.3 Japan
             11.4.4 South Korea
             11.4.5 Australia
             11.4.6 Rest of Asia Pacific
     11.5 Middle East
             11.5.1 UAE
             11.5.2 Saudi Arabia
             11.5.3 Israel
             11.5.4 Turkey
             11.5.5 Rest of the Middle East
     11.6 Rest of the World (RoW)
             11.6.1 Africa
             11.6.2 Latin America

12 Competitive Landscape (Page No. - 102)
     12.1 Introduction
     12.2 Company Rankings
     12.3 Competitive Situations and Trends
             12.3.1 Contracts
             12.3.2 Agreements, Partnerships, and Collaborations
             12.3.3 New Product/Technology Launches
             12.3.4 Mergers & Acquisitions
     12.4 OEM Competitive Leadership Mapping
             12.4.1 Visionary Leaders
             12.4.2 Innovators
             12.4.3 Dynamic Differentiators
             12.4.4 Emerging Companies
     12.5 Startups Competitive Leadership Mapping
             12.5.1 Visionary Leaders
             12.5.2 Innovators
             12.5.3 Dynamic Differentiators
             12.5.4 Emerging Companies

13 Company Profiles (Page No. - 112)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     13.1 Introduction
     13.2 SST, Inc. (Shotspotter)
     13.3 Shooter Detection Systems LLC
     13.4 Acoem Group
     13.5 Battelle Memorial Institute
     13.6 Louroe Electronics
     13.7 Tracer Technology Systems, Inc.
     13.8 Safety Dynamics, Inc.
     13.9 Databuoy Corporation
     13.10 Rafael Advanced Defense Systems Ltd.
     13.11 ELTA Systems Ltd.
     13.12 Compagnie Industrielle Des Lasers (CILAS)
     13.13 Microflown Avisa B.V.
     13.14 V5 Systems Inc.
     13.15 Information System Technologies, Inc.
     13.16 Raytheon BBN Technologies Corporation
     13.17 Qinetiq North America
     13.18 Thales Group
     13.19 Rheinmetall AG

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 138)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Available Customizations
     14.4 Related Reports
     14.5 Author Details


List of Tables (105 Tables)

Table 1 Assumptions for the Research Study
Table 2 Decline in Gunfire Incidents in Cities in US Due to Adoption of Gunshot Detection Systems
Table 3 Gunshot Detection System Installations in US Cities
Table 4 Gunshot Detection System Market – Product Mapping
Table 5 Contracts Mapped to Calculate Average Selling Price of Gunshot Detection Systems
Table 6 Technological Developments in GDS Market
Table 7 Patent Mapping of Gunshot Detection Systems
Table 8 GDS Market, By Installation, 2017–2024 (USD Million)
Table 9 GDS Market, By Application, 2017–2024 (USD Million)
Table 10 Commercial GDS Market, By Type, 2017–2024 (USD Million)
Table 11 Defense GDS Market, By Type, 2017–2024 (USD Million)
Table 12 GDS Market, By Solution, 2017–2024 (USD Million)
Table 13 GDS Market, By System, 2017–2024 (USD Million)
Table 14 GDS Market Size, By Region, 2017–2024 (USD Million)
Table 15 North America: GDS Market Size, By Country, 2017–2024 (USD Million)
Table 16 North America: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 17 North America: GDS Market Size, By Installation, 2017–2024 (USD Million)
Table 18 North America: GDS Market Size, By System, 2017–2024 (USD Million)
Table 19 US: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 20 US: GDS Market Size, By Installation, 2017–2024 (USD Million)
Table 21 Canada: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 22 Canada: GDS Market Size, By Installation, 2017–2024 (USD Million)
Table 23 Canada: GDS Market Size, By System, 2017–2024 (USD Million)
Table 24 Europe: GDS Market Size, By Country, 2017–2024 (USD Million)
Table 25 Europe: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 26 Europe: GDS Market Size, By Installation, 2017–2024 (USD Million)
Table 27 Europe: GDS Market Size, By System, 2017–2024 (USD Million)
Table 28 Germany: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 29 Germany: GDS Market Size, By Installation, 2017–2024 (USD Million)
Table 30 Germany: GDS Market Size, By System, 2017–2024 (USD Million)
Table 31 UK: Gunshot Detection System Market Size, By Application, 2017–2024 (USD Million)
Table 32 UK: Market Size, By Installation, 2017–2024 (USD Million)
Table 33 UK: Market Size, By System, 2017–2024 (USD Million)
Table 34 Russia: Market Size, By Application, 2017–2024 (USD Million)
Table 35 Russia: Market Size, By Installation, 2017–2024 (USD Million)
Table 36 Russia: Market Size, By System, 2017–2024 (USD Million)
Table 37 France: Market Size, By Application, 2017–2024 (USD Million)
Table 38 France: Market Size, By Installation, 2017–2024 (USD Million)
Table 39 France: Market Size, By System, 2017–2024 (USD Million)
Table 40 Italy: Market Size, By Application, 2017–2024 (USD Million)
Table 41 Italy: Market Size, By Installation, 2017–2024 (USD Million)
Table 42 Italy: Market Size, By System, 2017–2024 (USD Million)
Table 43 Ukraine: Market Size, By Application, 2017–2024 (USD Million)
Table 44 Ukraine: Market Size, By Installation, 2017–2024 (USD Million)
Table 45 Ukraine: Market Size, By System, 2017–2024 (USD Million)
Table 46 Sweden: Gunshot Detection System Market Size, By Application, 2017–2024 (USD Million)
Table 47 Sweden: Market Size, By Installation, 2017–2024 (USD Million)
Table 48 Sweden: Market Size, By System, 2017–2024 (USD Million)
Table 49 Rest of Europe: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 50 Rest of Europe: Market Size, By Installation, 2017–2024 (USD Million)
Table 51 Rest of Europe: Market Size, By System, 2017–2024 (USD Million)
Table 52 Asia Pacific: GDS Market Size, By Country, 2017–2024 (USD Million)
Table 53 Asia Pacific: Market Size, By Application, 2017–2024 (USD Million)
Table 54 Asia Pacific: Market Size, By Installation, 2017–2024 (USD Million)
Table 55 Asia Pacific: Market Size, By System, 2017–2024 (USD Million)
Table 56 China: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 57 China: Market Size, By Installation, 2017–2024 (USD Million)
Table 58 China: Market Size, By System, 2017–2024 (USD Million)
Table 59 India: Market Size, By Application, 2017–2024 (USD Million)
Table 60 India: Market Size, By Installation, 2017–2024 (USD Million)
Table 61 India: Market Size, By System, 2017–2024 (USD Million)
Table 62 Japan: Market Size, By Application, 2017–2024 (USD Million)
Table 63 Japan: Market Size, By Installation, 2017–2024 (USD Million)
Table 64 Japan: Market Size, By System, 2017–2024 (USD Million)
Table 65 South Korea: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 66 South Korea: Market Size, By Installation, 2017–2024 (USD Million)
Table 67 South Korea: Market Size, By System, 2017–2024 (USD Million)
Table 68 Australia: Market Size, By Application, 2017–2024 (USD Million)
Table 69 Australia: Market Size, By Installation, 2017–2024 (USD Million)
Table 70 Australia: Market Size, By System, 2017–2024 (USD Million)
Table 71 Rest of Asia of Pacific: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 72 Res of Asia Pacific: Market Size, By Installation, 2017–2024 (USD Million)
Table 73 Middle East: Market Size, By Country, 2017–2024 (USD Million)
Table 74 Middle East: Market Size, By Application, 2017–2024 (USD Million)
Table 75 Middle East: Market Size, By Installation, 2017–2024 (USD Million)
Table 76 Middle East: Market Size, By System, 2017–2024 (USD Million)
Table 77 UAE: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 78 UAE: Market Size, By Installation, 2017–2024 (USD Million)
Table 79 UAE: Market Size, By System, 2017–2024 (USD Million)
Table 80 Saudi Arabia: Market Size, By Application, 2017–2024 (USD Million)
Table 81 Saudi Arabia: Market Size, By Installation, 2017–2024 (USD Million)
Table 82 Saudi Arabia: Market Size, By System, 2017–2024 (USD Million)
Table 83 Israel: Market Size, By Application, 2017–2024 (USD Million)
Table 84 Israel: Market Size, By Installation, 2017–2024 (USD Million)
Table 85 Israel: Market Size, By System, 2017–2024 (USD Million)
Table 86 Turkey: Market Size, By Application, 2017–2024 (USD Million)
Table 87 Turkey: Market Size, By Installation, 2017–2024 (USD Million)
Table 88 Turkey: Market Size, By System, 2017–2024 (USD Million)
Table 89 Rest of Middle East: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 90 Rest of Middle East: Market Size, By Installation, 2017–2024 (USD Million)
Table 91 Rest of Middle East: Market Size, By System, 2017–2024 (USD Million)
Table 92 Rest of the World: GDS Market Size, By Region, 2017–2024 (USD Million)
Table 93 Rest of the World: Market Size, By Application, 2017–2024 (USD Million)
Table 94 Rest of the World: Market Size, By Installation, 2017–2024 (USD Million)
Table 95 Rest of the World: Market Size, By System, 2017–2024 (USD Million)
Table 96 Africa: GDS Market Size, By Application, 2017–2024 (USD Million)
Table 97 Africa: Market Size, By Installation, 2017–2024 (USD Million)
Table 98 Africa: Market Size, By System, 2017–2024 (USD Million)
Table 99 Latin America: Market Size, By Application, 2017–2024 (USD Million)
Table 100 Latin America: Market Size, By Installation, 2017–2024 (USD Million)
Table 101 Latin America: Market Size, By System, 2017–2024 (USD Million)
Table 102 Contracts, 2010-2017
Table 103 Agreements, Partnerships, and Collaborations, 2010-2017
Table 104 New Product/Technology Launches, 2010 -2017
Table 105 Mergers & Acquisitions, 2010-2017


List of Figures (35 Figures)

Figure 1 Markets Covered: Gunshot Detection System Market
Figure 2 Years Considered for the Study
Figure 3 Report Process Flow
Figure 4 Research Design
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 GDS Market, By Region, 2019 & 2024 (USD Million)
Figure 9 GDS Market, By Application, 2019 & 2024 (USD Million)
Figure 10 Technological Advancements and Need to Strengthen Homeland Security Expected to Drive Gunshot Detection System Market During Forecast Period
Figure 11 Commercial Segment Projected to Grow at Highest During the Forecast Period
Figure 12 Commercial Segment to Lead North America GDS Market During Forecast Period
Figure 13 Vehicle Installations Projected Lead in the GDS Market During Forecast Period
Figure 14 North America Projected Lead in the GDS Market During Forecast Period
Figure 15 Market Dynamics in GDS Market
Figure 16 Murder Victims By Gunfire in the US Between 2010 and 2015
Figure 17 Contract Value Split for Gunshot Detection Systems Based on Installation Type
Figure 18 Vehicle Installations of GDS Market to Record, Highest CAGR During the Forecast Period
Figure 19 Commercial Segment of GDS Market to Grow at Higher CAGR During Forecast Period
Figure 20 Systems Projected to Lead the Solution Segment During the Forecast Period
Figure 21 Indoor Segment to Record Higher CAGR Than Outdoor Segment Between, 2019 & 2024
Figure 22 Latin America Estimated to Grow at the Highest CAGR of GDS Market in 2019
Figure 23 North America GDS Market Snapshot
Figure 24 Europe GDS Market Snapshot
Figure 25 China Estimated to Account for Largest Share of Asia Pacific Market in 2019
Figure 26 Companies Adopted Contracts as Key Growth Strategy From January 2009 to January 2019
Figure 27 Ranking of Top Players in GDS Market
Figure 28 Leading Companies in the GDS Market
Figure 29 GDS Market OEM Competitive Leadership Mapping, 2018
Figure 30 GDS Market Start-Ups Competitive Leadership Mapping, 2018
Figure 31 Raytheon BBN Technologies Corporation: Company Snapshot
Figure 32 Raytheon BBN Technologies Corporation: SWOT Analysis
Figure 33 Thales Group: Company Snapshot
Figure 34 Thales Group: SWOT Analysis
Figure 35 Rheinmetall AG: Company Snapshot

The study considered 4 major activities to estimate the current market size for gunshot detection. Exhaustive secondary research was undertaken to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources and government sources, such as the US Federal Bureau of Investigation (FBI), the Bureau of Justice Statistics (BJS), company websites, corporate filings, such as annual reports, investor presentations, and financial statements, and trade, business, and professional associations, among others were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and gunshot detection databases.

Primary Research

The gunshot detection system market comprises several stakeholders, such as Gunshot Detection System Equipment Manufacturers, Original Equipment Manufacturers (OEMs), Software Solution Providers, Component Suppliers, Infrastructure Industry in the supply chain. The demand side of this market is characterized by various end users, such as commercial and government & military organizations. The supply side is marked by advancements in gunshot detection technology, development of gunshot detection. Various primary sources from both, the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Gunshot Detection System Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the gunshot detection system market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides, in the gunshot detection industry.

Report Objectives

  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the gunshot detection system market
  • To analyze macro and micro indicators of the gunshot detection system market
  • To forecast the market size of segments based on 5 regions: North America, Europe, Asia Pacific, Middle East, and the Rest of the World, along with major countries in each of these regions
  • To strategically analyze micromarkets with respect to individual technological trends, prospects, and their contribution to the overall market
  • To strategically profile key market players and comprehensively analyze their market share and core competencies
  • To provide a detailed competitive landscape of the gunshot detection system market, along with an analysis of business and corporate strategies, such as joint ventures, mergers, and new product developments
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the gunshot detection system market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)
Report Code
AS 3081
Published ON
Apr, 2019
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