Global Sensor-based Gun Systems Market 2016-2020

Published: Nov 2016 Pages: 59 SKU: IRTNTR10911

Overview of the global sensor-based gun systems market

Technavio’s market research analyst predicts the global sensor-based gun systems market to grow at a CAGR of over 5% during the forecast period. To strengthen the land border security potential, several countries across the globe including the US, India, South Korea, and Israel are making extensive investments in the development and procurement of advanced solutions such as sensor-based systems and weapons, which helps them intelligently track and neutralize unauthorized intrusions. The growing incidences of cross-border terrorism and illicit trafficking of weapons has prompted the defense agencies to make investments in homeland security and ensure control over cross-border infiltration. By the end of 2016, the Indian Army will install the first batch of automatic sensor-based guns along with the border fences. These systems can detect and neutralize unlawful trafficking autonomously. With increasing efforts on ensuring enhanced border protection system, the market for the sensor-based gun system is likely to witness substantial growth during the forecast period.

According to our sensor-based gun systems industry analysis, there has been an increasing inclination among security agencies to incorporate their law enforcement personnel with advanced military grade arms and ammunition to ensure enhanced homeland security. Owing to such requirements, manufacturers are developing smart guns that cannot be used by anyone without the authorized personnel. Yardarm Technologies has come up with an Internet-connected gun, which employs sensors that send alerts to the police station as and when the gun is taken out of the holster. The gun not only tracks locations but also collects and distributes important information pertaining to the concerned agencies.


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Competitive landscape and key vendors

Intense competition prevails in the global sensor-based gun systems market, where the vendors compete in terms of cost, product quality, reliability, and aftermarket service. The growing requirement for securing borders or strategic infrastructures from illegal trespassing has propelled market players to offer cost-effective and high-quality sensor-based gun systems to the defense agencies. Several vendors are also adopting lightweight materials and computer-based manufacturing technologies to develop sensor-based gun systems for better accuracy. The market will undergo several collaborations and alliances for the development of personalized guns.

Leading vendors in the market are -

  • Armatix
  • DoDaaM Systems
  • Hanwha Techwin
  • Rafael Advanced Defense Systems
  • Saab
  • TrackingPoint

Other prominent vendors in the sensor-based gun systems market include Adunok, Kalyani, TriggerSmart, and Yardarm Technologies.

Segmentation by product type and analysis of the sensor-based gun systems market

  • Sensor-based man-portable guns
  • Sensor-based turret guns

Sensor-based turret guns or sentry gun systems occupied majority share in the market during 2015.  These guns are operated from a location that enables protection and improved visibility to the personnel, which has increased their preference among the defense forces. The use of sensors in these gun systems allows the replacement of human counterparts in demilitarized areas, as these can independently aim and fire at targets. Owing to the growing concern for securing international borders, many countries are developing innovative unmanned systems, which will increase the procurement of such sensor-based turret guns during the forecast period.

Geographical segmentation and analysis of the sensor-based gun systems market

  • Americas
  • APAC
  • EMEA

EMEA dominated the market during 2015 and is expected to continue its dominance during the forecast period. The constantly increasing terrorist activities in the Middle East has propelled several European countries to secure their international borders to counter illegal civilian migrations. The use of sensor-based turret guns is anticipated to play a significant role in improving the deterrence potential of the joint forces in the region. Also, with many countries tightening their border protection, the use of sensor-based turret guns will increase drastically over the forecast period.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global sensor-based gun systems market?
  • What are the key market trends impacting the growth of the global sensor-based gun systems market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global sensor-based gun systems market?
  • What are the market opportunities and threats faced by the vendors in the global sensor-based gun systems market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global sensor-based gun systems market?

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Table of Content

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Key takeaways
  • Key buying criteria

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by product type

  • Global sensor-based gun systems market by product type
  • Global sensor-based turret gun systems market
  • Global sensor-based man-portable gun systems market

PART 07: Geographical segmentation

  • Global sensor-based gun systems market by geography
  • Sensor-based gun systems market in EMEA
  • Sensor-based gun systems market in Americas
  • Sensor-based gun systems market in APAC

PART 08: Market drivers

  • Increased emphasized on securing international borders
  • Emergence of smart guns
  • Use of 3D printing technology and composite materials

PART 09: Impact of drivers

PART 10: Market challenges

  • Possibility of malfunction due to technological constraints
  • Growing utilization of attack UAVs in border patrolling
  • Probability of indiscriminate firing

PART 11: Impact of drivers and challenges

PART 12: Market trends

  • Advancement of combat training support equipment
  • Reduction in troop sizes
  • Acceptance of smart guns in law enforcement agencies

PART 13: Vendor landscape

  • Competitive landscape
  • Armatix
  • DoDaam Systems
  • Hanwha Techwin
  • Rafael Advanced Defense Systems
  • Saab
  • TrackingPoint
  • Other prominent vendors

PART 14: Appendix

  • List of abbreviations

PART 15: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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