Mine Detection System Market Size, Share, and Forecast by 2031
Mine Detection System Market: Strategic Insights
Mine Detection System Market
-
CAGR (2023 - 2031)8.1% -
Market Size 2023
US$ 5.29 Billion -
Market Size 2031
US$ 9.88 Billion
Market Dynamics
GROWTH DRIVERS
- The rise in procurement of mine detection systems
- Rising number of terrorist incidents
FUTURE TRENDS
- Increasing demand from homeland security agencies
OPPORTUNITIES
- Integration of Mine Detection Systems with Unmanned Systems
Key Players
- MBDA
- BAE Systems
- Chemring Group PLC
- DCD Ltd
- Israel Aerospace Industries Ltd
- L3Harris Technologies Inc
- Mine Kafon LAB
- Northrop Grumman Corporation
- Raytheon Technologies Corporation
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Deployment
- Vehicle Mounted and Handheld
Detection Capability
- Above Surface and Underground
End User
- Defense and Homeland Security