Nov 28, 2017   SOURCE: BusinessWire

Global Gunshot Detection System Market Growth, Trends, and Forecasts 2018-2023 - Market is expected to register a CAGR of 27.36% - Research and Markets

The "Global Gunshot Detection System Market - Growth, Trends, and Forecasts (2018-2023)" report has been added to Research and Markets' offering.

In 2016, the gunshot detection system market is expected to register a CAGR of 27.36%, during 2017-2022

The United States was the first country to use the gunshot detection systems for homeland security. These gunshot detection systems are usually installed at a height of more than 30 feet above the ground-level and at specific locations. The prime reason for these detection systems to be installed is the increasing in shootings incidents at educational institutions.

The gunshot detection system market is segmented into defense and homeland, where homeland segment dominated the market in 2016 and is expected to continue its dominance during 2017-2022 (the forecast period).

The gunshot detection system market is estimated to grow, due to a high number of firearm-related deaths in North America, especially, in the United States, during 2017-2022 (the forecast period). In the United States the death rate is 25 times greater than other countries. Therefore, the US government is planning to install indoor gunshot detection systems at universities, corporate office locations, and commercial facilities, among others, in the next five years.

Shot spotter is trying to help reduce the societal costs of gun violence, and create safer communities. The company has produced three products, namely, ShotSpotter Flex for urban areas, SST Secure Campus, and ShotSpotter SiteSecure for universities, offices, and transportation centers. ShotSpotter's systems use cloud-based software and sensors to pinpoint gunshots and notify authorities.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview And Trends

4. Market Dynamics

5. Gunshot detection system Market Segmented by Product type

6. Gunshot detection system Market - Segmented by Application

7. Gunshot detection system Market Segmented By Geography

8. Vendor Analysis

9. Future of Europe Aviation Market

Companies Mentioned

  • Shotspotter
  • Acoem Group
  • Qinetiq
  • Cilas
  • Databuoy Corporation
  • Elta Systems Ltd.
  • Information System Technologies Inc
  • Louroe Electronics
  • Thales Group
  • Rafael Advanced Defense Systems Ltd
  • Safety Dynamics Llc

For more information about this report visit https://www.researchandmarkets.com/research/rcgtfl/global_gunshot