Mine Detection System Market Scope And Analysis

Report Code : TIPRE00018546
Category : Aerospace and Defense

No. of Pages : 150

Buy Now

Mine Detection System Market Analysis, Scope, and Growth by 2031

Buy Now

Mine Detection System Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 5.29 Billion
Market Size by 2031	US$ 9.88 Billion
Global CAGR (2023 - 2031)	8.1%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Deployment Vehicle Mounted and Handheld By Detection Capability Above Surface and Underground By End User Defense and Homeland Security
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	MBDA BAE Systems Chemring Group PLC DCD Ltd Israel Aerospace Industries Ltd L3Harris Technologies Inc Mine Kafon LAB Northrop Grumman Corporation Raytheon Technologies Corporation

Mine Detection System Market News and Recent Developments

The mine detection system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the mine detection system market are listed below:

Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract by Korea Aerospace Industries, Ltd. (KAI) to provide Airborne Laser Mine Detection System (ALMDS) solutions and technical support for the Engineering, Manufacturing and Design (EMD) phase of the Republic of Korea’s Korean Mine Countermeasures Helicopter (KMCH) program. The EMD phase is expected to be completed in 2027. (Source: Northrop Grumman Corporation, Press Release, Oct 2023)
Raytheon Missiles & Defense demonstrated the AN/AQS-20C sonar mine-hunting system in an exercise at Narragansett Bay in Rhode Island for the United Kingdom and other potential international customers. (Source: Raytheon Technologies Corporation, Press Release, 2021)

Mine Detection System Market Report Coverage and Deliverables

The “Mine Detection System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

Mine detection system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Mine detection system market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed porter’s five forces analysis
Mine detection system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the mine detection system market
Detailed company profiles