1. Market Research
  2. > Aerospace and Defense
  3. > Defense Market Trends
Mine Detection System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment, Detection Capability, and End User

Mine Detection System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Deployment, Detection Capability, and End User

  • April 2022
  • 155 pages
  • ID: 6279451
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The mine detection system market was valued at US$ 4,870.78 million in 2021 to US$ 8,286.55 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028.

With the rising security threats and border disputes, there has been an increase in the usage of mine detection systems for instant area clearance and detection of mines, which is driving the mine detection system market.Blast mines, directional fragmentation mines, bounding fragmentation mines, omnidirectional fragmentation mines, anti-vehicle mines, butterfly mines, and anti-personal mines are a few types of landmines.

Sea mines include ground (bottom), moored, and contact (floating) mines.These mines are placed to destroy submarines or surface ships.

Thus, the military forces, border security forces, and paramilitaries are procuring technologically advanced mine detectors from various manufacturers.Homeland Security is one of the key end users of mine detection systems.

The rise in demand from emerging economies for procuring mine detection systems is boosting the growth of the mine detection system market. Countries such as Afghanistan, the US, Iran, and India are facing immense threats from mines and are adopting various methods to decrease these threats. For instance, in November 2021, Border Security Forces (BSF) in Odisha, India, recovered IEDs placed on an under construction roadside pavement using a handheld mine detector. Thus, the above-mentioned factors are further driving the mine detection system market growth.

The growth of the mine detection system market in North America is attributed to the rise in investments in mine detection technologies due to the increasing terrorist activities. Key players in the mine detection system market in North America include L3Harris Technologies, Inc.; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Lockheed Martin Corporation. Europe held the second-largest share in the global mine detection system market. Factors such as a rise in border disputes and security threats are propelling the growth of the mine detection system market in Europe. In July 2021, the European Commission selected the consortium led by Naval Group Belgium for Mine Risk Clearance for Europe (MIRICLE) project. BAE Systems MBDA and Scheibel Corporation are among the major companies operating in the mine detection system market in Europe. Moreover, the APAC mine detection system market is foreseen to grow at the highest CAGR during the forecast period. APAC countries are adopting various strategies to reduce the threat of all types of mines. For instance, in October 2021, South Korea’s Defense Acquisition Program Administration (DAPA) announced that it had awarded Hanwha Systems a contract to produce a series of new man-portable, mine-detection system capable of finding metallic and non-metallic mines. Similarly, in 2019, Japanese defense equipment manufacturer IHI Corporation introduced an autonomous underwater mine detection system. Several strategies are also adopted by various manufacturers and end users across the region. These factors are continuously propelling the mine detection system market growth in the region.

The outbreak of COVID-19 among armed forces personnel across Europe had a substantial impact on military capabilities.The armed forces are a critical component of national crisis response across European countries.

Initially, general military support, such as assistance with command and control, repatriation of citizens, logistics, disinfection of public spaces, and support to police and internal security in a few countries is creating significant demand for mine detection system.However, the requirement for advanced combat or security-related technologies for military operations has been high among the defense forces and homeland security forces in European countries in FY 2020.

Moreover, a few European countries are disclosing their plans for the acquisition & investments in defense technologies across their respective armed forces, which is also expected to aid in the growth of the mine detection system market during the forecast period. For instance, Sweden rolled out a tender in 2020 intended to procure mine detectors for Swedish Armed Forces.

The mine detection system market is segmented on the basis of deployment, detection capability, and end user.Based on deployment, the market is bifurcated into vehicle mounted and handheld.

In 2021, the handheld segment led the market and accounted for a larger market share.Based on detection capability, the market is bifurcated into above surface and underground.

In 2021, the underground segment led the market and accounted for a larger market share.Based on end user, the mine detection system market is bifurcated into defense and homeland security.

In 2021, the defense segment led the market and accounted for a larger market share. By geography, the mine detection system market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM). In 2021, APAC accounted for a significant share of the global mine detection system market.

MBDA; BAE Systems; Chemring Group PLC; DCD Ltd.; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Mine Kafon LAB; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Scheibel Corporation are among the key players operating in the global mine detection system market.

The overall global mine detection system market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the mine detection system market.

The process also serves the purpose of obtaining an overview and forecast for the mine detection system market with respect to all the market segments.Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic.

The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the mine detection system market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Infrared Search and Track (IRST) System Market 2022-2026

  • $ 2500
  • June 2022
  • 120 pages

Global Infrared Search And Track (IRST) System Market 2022-2026 The analyst has been monitoring the infrared search and track (IRST) system market and it is poised to grow by $ 879.44 million during 2022-2026, ...

  • World
  • Middle East
  • Artificial Intelligence
  • Marketing Research
  • Industry analysis

Anechoic Chamber Market $ 5000 April 2022


ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on