DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Gunshot Detection System Market - Global Forecast to 2022" report to their offering.
Based on application, the homeland segment of the gunshot detection system market is expected to grow from USD 629.2 million in 2016 to USD 2,929.6 million by 2022, at a CAGR of 29.22% from 2016 to 2022.
The growth of the homeland segment is driven by several factors such as increased rate of gun deaths in North America and the need for increased security in futuristic smart cities are the factors driving the gunshot detection system market. The installation cost of gunshot detection systems is considerably high and maintaining these systems is an additional expense on governments.
The growth in gun ownership in the U.S. and illegal arms sale have contributed to threats of gunfire-related incidents. Rise in deaths or homicide incidents due to the use of guns is a major concern. The gunshot detection system market in North America is expected to witness significant growth, owing to a high number of firearm-related deaths in the region, especially in the U.S. where the firearm-related death rate is 25 times higher than other countries. Major U.S. cities are planning to install indoor gunshot detection systems at universities, corporate office locations, and financial facilities, among others, in the next five years.
- Acoem Group
- Battelle Memorial Institute
- Creation of the Compagnie Industrielle Des Lasers (Cilas)
- Databuoy Corporation
- ELTA Systems Ltd.
- Information System Technologies, Inc.
- Louroe Electronics
- Microflown Avisa B.V.
- Qinetiq North America
- Rafael Advanced Defense Systems Ltd.
- Raytheon Company (BBN Technologies)
- Rheinmetall AG
- SST, Inc. (Shotspotter)
- Safety Dynamics, Inc.
- Shooter Detection Systems LLC
- Thales Group
- Tracer Technology Systems, Inc.
V5 Systems Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Gunshot Detection System Market, By Application
8 Gunshot Detection System Market, By Installation Type
9 Gunshot Detection System Market, By Product Type
10 Gunshot Detection System Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/vjt5t8/gunshot_detection