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Sensor-based Gun Systems Market Report by Type (Sensor-based Man-Portable Guns, Sensor-based Turret Guns), Application (National Defense, Law Enforcement), and Region 2024-2032

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    Report

  • 136 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5901637
The global sensor-based gun systems market size reached US$ 5.6 Billion in 2023. Looking forward, the market is expected to reach US$ 10.7 Billion by 2032, exhibiting a growth rate (CAGR) of 7.5% during 2023-2032. The growing incidence of public shooting, rising investments by governing agencies of various countries to enhance border security, and increasing integration of newer technologies to prevent a major catastrophe represent some of the key factors driving the market.

Sensor-based gun systems, also known as smart gun systems or smart firearms, are advanced weapons that incorporate various sensors and technology to enhance their functionality and safety features. They gather real-time data, provide feedback to the user, and improve accuracy, reliability, and overall performance. They also employ sensors, such as gyroscopes, accelerometers, and optical devices, to precisely track the position, orientation, and movement of the gun for improved targeting and enhanced accuracy while reducing the chances of missed shots. They possess biometric sensors or radio frequency identification (RFID) technology, which enables the firearm to recognize authorized users and prevent unauthorized individuals, such as children or criminals, from operating the weapon to reduce the risk of accidents and misuse. They incorporate laser sights or heads-up displays (HUDs) that provide real-time visual feedback to the user. They also assist in target acquisition, aim correction, and overall situational awareness, particularly in low-light conditions or high-stress situations.

Sensor-based Gun Systems Market Trends:

At present, there is a rise in the incidence of public shootings, leading to the installation of various security measures to alert authorities and warn people in proximity about the location of the shooting acts. This, along with the growing awareness among the masses about the benefits of sensor-based gun systems around the world, represents one of the key factors positively influencing the market. Besides this, governing agencies of various countries are investing in smart gun systems as they assist border security forces in averting and detecting any infiltration, illegal immigration, and smuggling attempts. They also help identify perpetrators and detect illegal entries, which is catalyzing the demand for sensor-based gun systems. Moreover, key manufacturers are using standardized protocols, which can seamlessly integrate with security camera and video management systems to detect gunshots or analyze the structure of a gun and alert the concerned authorities. In line with this, they are integrating newer technologies into their products by developing a newer range of gunshot detection systems that can proactively spot and prevent a major catastrophe. In addition, the growing utilization of sensor-based gun systems to automatically detect, verify, and rapidly notify police dispatchers and officers of the specific times and locations of firearm discharges is offering a favorable market outlook.

Key Market Segmentation:

The report provides an analysis of the key trends in each segment of the global sensor-based gun systems market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type and application.

Type Insights:

Sensor-based Man-Portable Guns
Sensor-based Turret Guns

The report has provided a detailed breakup and analysis of the sensor-based gun systems market based on the type. This includes sensor-based man-portable guns and sensor-based turret guns. According to the report, sensor-based man portable guns represented the largest segment.

Application Insights:

National Defense
Law Enforcement

A detailed breakup and analysis of the sensor-based gun systems market based on the application has also been provided in the report. This includes national defense and law enforcement. According to the report, national defense accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for sensor-based gun systems. Some of the factors driving the North America sensor-based gun systems market included the growing investment by governing agencies, increasing number of public shootings, rising demand for sensor-based gun systems among law enforcement agencies, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global sensor-based gun systems market. Detailed profiles of all major companies have been provided. Some of the companies covered include iGun Technology Corporation, Thales Group, Yardarm Technologies Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

How has the global sensor-based gun systems market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global sensor-based gun systems market?
What is the impact of each driver, restraint, and opportunity on the global sensor-based gun systems market?
What are the key regional markets?
Which countries represent the most attractive sensor-based gun systems market?
What is the breakup of the market based on the type?
Which is the most attractive type in the sensor-based gun systems market?
What is the breakup of the market based on the application?
Which is the most attractive application in the sensor-based gun systems market?
What is the competitive structure of the global sensor-based gun systems market?
Who are the key players/companies in the global sensor-based gun systems market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Sensor-based Gun Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Sensor-based Man-Portable Guns
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Sensor-based Turret Guns
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 National Defense
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Law Enforcement
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
9.1 Overview
9.2 Drivers
9.3 Restraints
9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 iGun Technology Corporation
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 Thales Group
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.2.4 SWOT Analysis
13.3.3 Yardarm Technologies Inc.
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
List of Figures
Figure 1: Global: Sensor-based Gun Systems Market: Major Drivers and Challenges
Figure 2: Global: Sensor-based Gun Systems Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Sensor-based Gun Systems Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Sensor-based Gun Systems Market: Breakup by Type (in %), 2023
Figure 5: Global: Sensor-based Gun Systems Market: Breakup by Application (in %), 2023
Figure 6: Global: Sensor-based Gun Systems Market: Breakup by Region (in %), 2023
Figure 7: Global: Sensor-based Gun Systems (Sensor-based Man-Portable Guns) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Sensor-based Gun Systems (Sensor-based Man-Portable Guns) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Sensor-based Gun Systems (Sensor-based Turret Guns) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Sensor-based Gun Systems (Sensor-based Turret Guns) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Sensor-based Gun Systems (National Defense) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Sensor-based Gun Systems (National Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Sensor-based Gun Systems (Law Enforcement) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Sensor-based Gun Systems (Law Enforcement) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: North America: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: North America: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: United States: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: United States: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Canada: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Canada: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Asia-Pacific: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Asia-Pacific: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: China: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: China: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Japan: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Japan: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: India: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: India: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: South Korea: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: South Korea: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Australia: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Australia: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Indonesia: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Indonesia: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Others: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Others: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Europe: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Europe: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Germany: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Germany: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: France: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: France: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: United Kingdom: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: United Kingdom: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Italy: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Italy: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Spain: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Spain: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Russia: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Russia: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Others: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Others: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Latin America: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Latin America: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Brazil: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Brazil: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Mexico: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Mexico: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Middle East and Africa: Sensor-based Gun Systems Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Middle East and Africa: Sensor-based Gun Systems Market: Breakup by Country (in %), 2023
Figure 63: Middle East and Africa: Sensor-based Gun Systems Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Global: Sensor-based Gun Systems Industry: Drivers, Restraints, and Opportunities
Figure 65: Global: Sensor-based Gun Systems Industry: Value Chain Analysis
Figure 66: Global: Sensor-based Gun Systems Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Sensor-based Gun Systems Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Sensor-based Gun Systems Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Sensor-based Gun Systems Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Sensor-based Gun Systems Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Sensor-based Gun Systems Market: Competitive Structure
Table 6: Global: Sensor-based Gun Systems Market: Key Players

Companies Mentioned

  • iGun Technology Corporation
  • Thales Group
  • Yardarm Technologies Inc.

Methodology

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Table Information