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India News Releases
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(India.CityRegions.Com, September 25, 2018 ) Global Gunshot Detection System Market is expected to grow from US$ 850.2 million in 2017 to US$ 4325.0 million by 2025 growing at CAGR of 22.6% from 2018 to 2025.The market for gunshot detection system is at its growing phase owing to increasing gunfire incidences and mass killing. The market is further expected to flourish in North America and the Middle East owing to smart cities development in these regions and increase in fund allocation by the government for the deployment of a gunshot detection system.
The major factors propelling the gunshot detection system market growth are a rise in gunshot detection system deployment in commercial infrastructure due to mass killing, utilization of gunshot detection systems by law enforcement agencies of developed nations, and reducing casualties from enemy gunfire in war zones.
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Gunshot Detection System market can be split based on product types, major applications, and important regions.
Major Players in Gunshot Detection System market are:
1. Raytheon Company 2. ShotSpotter, Inc. 3. Shooter Detection Systems LLC 4. AmberBox Inc. 5. Louroe Electronics 6. Safety Dynamics Inc.
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Major Regions play vital role in Gunshot Detection System market are:
North America Europe Asia-Pacific Middle East Africa South America
The report aims to provide an overview of global gunshot detection system market with detailed market segmentation. Also, it analyzes the current gunshot detection system market scenario and forecasts the market till 2025. The report further covers market dynamics affecting the market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the markets with respect to all geographic regions.
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The report also includes the detailed company profiles of the key players in the gunshot detection system market along with their market strategies. The report also provides porter's analysis along with the SWOT analysis for all company profiled in the report.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
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