Mine & IED Detection System Market Emerging Trends, Size, Application, and Growth Analysis by 2032

The Mine & IED Detection System market industry is projected to grow from USD 4.5 billion in 2023 to USD 6.9 billion by 2032

Mine And IED Detection System Market

Mine & IED Detection System Market Size Valued at USD 6.9 Billion, market Grow at a CAGR Of 5.5% by 2023 -2032.

The mine & IED detection system market is used for rapid clearance operations. Various types of mine & IED detection technologies, such as acoustic sensors, chemical sensors, electromagnetic sensors and radar technology, ground penetrating radar, and thermal detection, are used to detect landmines. Therefore, mine & IED detection system sales are expected to rise significantly during the forecast period.

The factors driving the growth of the Mine & IED Detection System Market are rise in military land clearance operations and advancement in sensor technology in the defense sector. The detection technology can detect both IEDs and traditional Anti-Tank (AT) mines. As a result, there has been an increasing usage of mine & IED detection system. However, the high cost of mine & IED detection system and declining defense expenses are restricting their implementation.

The mine & IED detection system market in North America is expected to witness the highest growth during the forecast period. The continuous demand for mine & IED detection equipment from the U.S. military to tackle conflicts are the major reasons for the high growth of this market. The growing adoption of mine & IED detection equipment in countries such as the U.S. and Canada are expected to contribute to the growth of the regional market.

Key Players

Mine & IED Detection System Market Players is BAE Systems Plc (U.K), Israel Aerospace Industries (Israel), Raytheon (U.S.), Northrop Grumman Corporation (U.S.), L-3 Communications Holdings Inc. (U.S.), Harris Corporation (U.S.), General Dynamics Corporation (U.S.), Schiebel Gmbh (Vienna), DCD Group (South Africa), Chemring Group Plc (U.K).

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objectives

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Military Protection Glasses Market, By Type

5.1 Introduction

5.2 Commercial

5.2.1 Market Estimates & Forecast, 2020–2030

5.2.2 Market Estimates & Forecast, By Region, 2020–2030

5.3 Military

5.3.1 Market Estimates & Forecast, 2020–2030

5.3.2 Market Estimates & Forecast, By Region, 2020–2030

6 Military Protection Glasses Market, By Material

6.1 Introduction

6.2 Laser Scanner

6.2.1 Market Estimates & Forecast, 2020–2030

6.2.2 Market Estimates & Forecast, By Region, 2020–2030

6.3 Navigation & Positioning System

6.3.1 Market Estimates & Forecast, 2020–2030

6.3.2 Market Estimates & Forecast, By Region, 2020–2030

6.4 Others

6.4.1 Market Estimates & Forecast, 2020–2030

6.4.2 Market Estimates & Forecast, By Region, 2020–2030

 

Mine & IED Detection System Market Players by Deployment (Vehicle Mounted, Handheld, Biological Based), Application (Defense, Homeland Security), Detection Capability, Equipment (Sensor Based, Radar Based, Laser Based)— Forecast till 2030

 

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