North America Gunshot Detection Market Expected to Reach $646 Million by 2031 - Allied Market Research

According to a recent report published by Allied Market Research, titled, “North America Gunshot detection Market by Product, Application, and Installation: North America Opportunity Analysis and Industry Forecast, 2022–2031,” the North America Gunshot detection market was valued at $276 million in 2021, and is projected to reach $646 million by 2031, registering a CAGR of 9.1%.

U.S. dominated the North America gunshot detection market share in 2021, owing to increase in R&D activities; technological developments by key players; rapid adoption of innovative technologies in making reliable, safe, and secure gunshot detection solutions. The mass shootings are on the rise in the North American region and consequently, the demand for gunshot detection systems is growing significantly, especially in the U.S. Leading players are adopting several strategies such as business expansion, product launch, contract, and partnership to offer advanced solutions and services for improving the safety of the citizens. For instance, in March 2022, Viisights (a leading innovator of behavioral recognition systems for real-time video intelligence), and Eagl Technology, a key player of gunshot detection and lockdown systems entered into partnership to produce and deploy exceptional video understanding technology designed to spot armed individuals and provide instantaneous alerts.

Furthermore, in April 2021, Shooter Detection Systems LLC (SDS) unveiled its Guardian indoor active shooter detection system for household individuals. The Guardian Indoor Active Shooter Detection System offers situational awareness software that provides customers and law enforcement with real-time visual tracking of an active shooter. 

Gunshot detection is quite helpful for police in order to handle the rise in shooting instances. Police officers could be notified in under a minute of the gunfire location, number of shots fired and number of shooters. In 2020, the Colorado Springs Police Department implemented a gunshot detection system that helps officers locate shots fired. In addition, Grand Rapids Police officials urged the city leaders to use $500,000 of coronavirus relief funds to purchase ShotSpotter, the gunshot detection software. 

By product, the North America gunshot detection market is segregated into indoor and outdoor. The indoor segment accounted for the highest revenue in 2021, owing to high demand for gunshot detection systems that can detect and ensure the safety of occupants inside a building. 

On the basis of application, the market is segmented into defense, homeland security and commercial. The commercial segment garnered the highest revenue in 2020, owing to rise in number of gunshot detection systems being installed in commercial establishments. 

Depending on installation, the gunshot detection market in North America is fragmented into fixed system, portable system and vehicle mounted system. The fixed system segment was the highest revenue contributor in 2020, owing to rise in demand for fixed system gunshot detection systems, owing to their high efficiency.

COVID-19 Impact Analysis 

The COVID-19 impact on the North America gunshot detection market is unpredictable, and is expected to remain in force for a few years. Security experts in the North American region face a special problem as a result of COVID-19 and its unavoidable repercussions. The police have had to adjust to new internal and external threats and fast changing workplace conditions. Fears pertaining to declining economy and increase in unemployment is expected to create violent disruptions and crimes. To prevent any mishap, the Federal Bureau of Investigation conducted 3.7 million background checks for firearm purchases during March 2020 alone. With current trends set to continue, ensuring security investments depend on the adoption of gunshot detection technology. The rise in demand for gunshot detection systems amid COVID-19 is expected to support the growth of the market over the years.

Key Findings Of The Study

• By product, the outdoor segment is expected to register a significant growth during the forecast period.
• On the basis of application, the homeland security segment is anticipated to exhibit significant growth in future.
• On the basis of installation, the vehicle mounted system segment is anticipated to exhibit significant growth in future.
• Country-wise, Mexico is anticipated to register the highest CAGR during the forecast period.

The key players that operate in the North America Gunshot detection market include 3xLOGIC, Alarm Systems, Inc., AmberBox, Inc., Databuoy Corporation, Information System Technologies Inc., QinetiQ Inc. US, Raytheon Technologies Corporation, Safe Zone Technologies, Inc., Shooter Detection Systems and ShotSpotter Inc.