Lucintel's latest market report analyzed that gun detection provides attractive opportunities in the commercial and defense industries. The gun detection market is expected to reach $XX billion by 2028 with a CAGR of 20% to 22%. In this market, vehicle installation is the largest segment by installation, whereas commercial is largest by application. Rise in wearable gunshot detection devices, and adoption of advanced infrared and sound detection technologies provides strategic growth path in this market.
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Based on installation, the gun detection market is segmented into fixed installation, vehicle installation, and soldier mounted. The vehicle installation segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to growing demand for armored vehicles that are furbished with advanced systems and increasing defense expenditure across the globe.
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XX – Tables
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150 – Pages
The Gun Detection Market is marked by the presence of several big and small players. Some of the prominent players offering gun detection include ShotSpotter Inc, ACOEM Group, Louroe Electronics, Databuoy Corporation, Shooter Detection System LLC, Qinetiq North America, Safran Electronics and Defense SAS (Safran), Raytheon Company, and Tracer Technology Systems, Inc.
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