Gunshot Detection Systems Market Is Expected To Reach $2.38 Billion By 2030


 San Francisco, 18 December 2024: The Report Gunshot Detection Systems Market Size, Share & Trends Analysis Report By End Use (Commercial, Defense & Government), By Application, By Installation, By Region, And Segment Forecasts, 2024 - 2030

The global gunshot detection systems market size to reach USD 2.38 billion by 2030 and is expected to expand at a CAGR of 12.7% from 2024 to 2030. The market is experiencing significant growth due to rapid technological advancements, including improvements in acoustic sensors, data analytics, and machine learning algorithms. These advancements are enhancing the accuracy and reliability of detection systems, reducing false alarms, and providing more precise location data. Additionally, the development of portable and drone-mounted gunshot detection units is expanding the potential applications of these systems in various environments.

Urban areas are increasingly adopting gunshot detection systems to enhance public safety and reduce response times to shooting incidents. These systems are being installed in cities worldwide to provide real-time alerts to law enforcement, thereby improving the efficiency of emergency responses and helping to reduce crime rates. The trend is driven by rising concerns over gun violence in densely populated areas, prompting municipalities to invest in advanced surveillance technologies.

Furthermore, gunshot detection systems are being integrated into broader smart city frameworks, leveraging existing infrastructure such as streetlights and traffic cameras. This integration enables a more cohesive and comprehensive approach to public safety, where gunshot detection is part of a larger network of interconnected devices and systems. The synergy between gunshot detection and other smart city components enhances the overall effectiveness of urban safety measures and supports data-driven decision-making, thereby driving the market growth.

Access Research Report of Gunshot Detection Systems Market https://www.grandviewresearch.com/industry-analysis/gunshot-detection-systems-market-report

Governments and military organizations are significant adopters of gunshot detection systems, utilizing them for border security, military bases, and conflict zones. These systems provide critical situational awareness and enhance the protection of personnel and assets. The trend is supported by increased defense budgets and a focus on modernizing military infrastructure with advanced surveillance and monitoring technologies.

Moreover, gunshot detection systems are increasingly being adopted by commercial and private entities such as schools, hospitals, shopping malls, and corporate campuses. These organizations are investing in gunshot detection technology to protect their facilities and ensure the safety of employees, customers, and visitors. The trend reflects a growing recognition of the need for proactive security measures in environments where large numbers of people gather.

Recent Developments

  • In March 2024, SoundThinking, Inc., a leading public safety technology company, announced the expansion of its ShotSpotter gunshot detection system to 7 new customers and expanded coverage areas in the first quarter of 2024. The deployments include both new implementations and significant expansions of existing ShotSpotter systems across municipalities in the Northeast, Midwest, and West Coast regions of the United States.
  • In February 2024, Omnilert LLC introduced its third-generation AI visual gun detection system, which includes substantial improvements aimed at enhancing the industry's most advanced gun detection technology.
  • In December 2023, SoundThinking, Inc. deployed its acoustic gunshot detection system, ShotSpotter, in Montevideo, the capital city of Uruguay. This marks the expansion of SoundThinking's technology into the Latin American market.

Key Gunshot Detection Systems Company Insights

Some of the key players operating in the market are RTX Corporation and ACOEM Group among others.

  • RTX Corporation is an aerospace and defense company that provides a range of technology products and services, including gunshot detection systems. RTX's gunshot detection systems use dual-mode acoustic and infrared sensors to rapidly detect and locate gunshots with over 99.9% accuracy, and automatically alert law enforcement and security personnel to enable a quick response to active shooter incidents.
  • ACOEM is a provider of environmental monitoring and industrial reliability solutions, including advanced gunshot detection systems. ACOEM's Acoustic Threat Detection (ATD) technology uses a network of compact, lightweight acoustic sensors to rapidly detect, locate and identify gunshots, sending instant alerts to dispatch centers, law enforcement, and security cameras to improve response times and save lives.

SoundThinking, Inc., and Databuoy are two of the emerging market participants in the gunshot detection systems market.

  • SoundThinking, Inc. is a public safety technology company that provides transformative solutions and strategic advisory services for law enforcement and civic leadership, including its flagship ShotSpotter gunshot detection system. SoundThinking's SafetySmart platform combines acoustic gunshot detection, law enforcement search and investigation tools, and AI-powered weapons detection to help communities improve public safety outcomes and strengthen police-community relationships.
  • Databuoy Corporation is a provider of advanced gunshot detection and localization systems, specializing in public safety technology. The company's flagship product, ShotPoint, uses a network of acoustic sensors to rapidly detect, locate and report the exact time and position of gunfire, enabling emergency responders to react quickly and effectively to active shooter situations.

Key Gunshot Detection Systems Companies:

The following are the leading companies in the gunshot detection systems market. These companies collectively hold the largest market share and dictate industry trends.

  • ACOEM Group
  • RTX Corporation
  • Thales Group
  • QinetiQ Group
  • IAI
  • ArianeGroup
  • SoundThinking, Inc.
  • Tracer Technology Systems, Inc.
  • Databuoy
  • Omnilert LLC

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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