Gunshot Detection System Market Overview
According to the new report published by Straits Research, titled “”Gunshot Detection System Market Research Report: Global Opportunity Analysis and Industry Forecast, 2020 – 2026.”” The aim of the report is to estimate the size of the Global Gunshot Detection System Market and the growth potential across different segments and sub-segments. The report provides a detailed analysis of the major factors influencing the market growth, including the drivers, restraints, lucrative opportunities, industry-specific challenges, and recent developments.
The global gunshot detection system market is expected to grow at a CAGR of 16.3% and reach a value of USD 4.3 billion by 2026.
Competitive Analysis
ShotSpotter Inc. (U.S.), ACOEM Group (France), QinetiQ North America (Vencore) (U.S.), CILAS (ArianeGroup GmbH) (France), Databuoy Corporation (U.S.), Israel Aerospace Industries Ltd. (Israel), Information System Technologies Inc. (U.S.), Louroe Electronics (U.S.), Thales Group (France), and Shooter Detection System LLC (U.S.) are some of the noteworthy participants in the the gunshot detection system market.
In March 2018, Thales collaborated with General Dynamics Land Systems-UK and introduced a new acoustic shot detection system to protect Ajax vehicles. Under this contract, 735 Acusonic systems are now on order for integration onto Ajax.
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Research Methodology:
The research methodology used to estimate and forecast the size of the Global Gunshot Detection System Market Analysis began with collecting the data on the revenues of key vendors through secondary sources like company websites, annual reports, press releases, financial data, investor presentations of companies, articles, news, white papers, certified publications, and government publishing sources. Furthermore, the report considers the vendor offerings to determine the market segmentation.
Market Segmentation:
By Type, Fixed Systems, Vehicle Mounted Systems, Portable Systems
By Installation, Indoor, Outdoor
By Application, Homeland, Defense
The report forecasts revenue growth at all the geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2020 to 2026 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
- North America (U.S., Canada)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, India, Japan, Singapore, Malaysia)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key Findings of the Report:
- The global Gunshot Detection System market forecast is studied from 2020 to 2026.
- The research study includes a thorough analysis of the current research and developments in the market globally.
- The report presents a market definition along with the list of leading players and analyses their strategies to determine the market’s competitive outlook.
- The report also studies the drivers, restraints, opportunities, and challenges of the global Gunshot Detection System market.
- The study provides the historical data and forecasts revenue of the market segments and sub-segments with respect to five main geographies and their countries- North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- The market for Gunshot Detection System is partially consolidated and competitive in nature, with the presence of leading players.
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Other features of the report:
- Gives a thorough analysis of the key strategies with a focus on the corporate structure, R&D methods, localization strategies, production capabilities, sales, and performance in various companies.
- Provides valuable insights on the product portfolio, including product planning, development, and positioning.
- Analyses the role of key Gunshot Detection System market players and their partnerships, mergers, and acquisitions.
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