Market Overview:
Mine Counter-Measures Market Size Is AUSD 2.85 billion By 2030. At A CAGR Of Around 3.40% Forecast By 2020-2030
Mine countermeasures are used to detect and counteract threats from enemy and work on a principle of sonar and acoustic systems, which navigate, detect and classify the targets. The government and defense bodies of different regions are developing technologies to counter mine threats from the enemy. The increase demand for advanced technologies to counter mines will enable manufacturers to offer new growth opportunities to the market players.
However, there are some shortcomings, such as the some mines clearance process is complicated and costly as well as heavy equipment parts are difficult to handle during the operation, which will restrain the this mine counter-measures market insight.
Market Segmentation:
his study provides an overview of the Global Mine counter-measures market share, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia Pacific (APAC), Middle East Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Mine Countermeasures by its technology, type, application, size, deployment, and region.
By Type
Land Mines
Sea Mines
By Equipment
Manned
Unmanned
By Approach
Sweeping
Hunting
By Region
North America
Europe
Asia Pacific
Middle East Africa
Latin America
Key Players:
The mine counter-measures key market players are ASV Global (U.K), Eca Group (France), Hydro Group plc. (U.K), Fr. Lürssen Werft GmbH Co. KG (Germany). Public.Navy.mil (U.S.), Armada International (Thailand), Harris Corporation (U.S.), HEINEN HOPMAN (Netherland), and General Dynamics Corporation (U.S.).
Regional Analysis:
On the basis of region, the mine counter-measures market industry is segmented into North America, Asia Pacific, Europe, the Middle East Africa, and Latin America. In North America, the presence of major manufacturers and increased defense expenses will boost the market growth.
In Asia Pacific, the rise in maritime disputes and increased government spending by countries such as China will boost the market growth. In 2012, Thales Group signed a contract with Autonomous Surface Vehicles Ltd (ASV Ltd) to develop a re-configurable Unmanned Surface Vehicle (USV) to meet the challenges of future off-board Mine Countermeasures (MCM) operations. In 2018, General Dynamics Corporation tested the U.S. Navy’s Surface Mine Countermeasure unmanned undersea vehicle system. In 2015, Harris Corporation signed a contract with IDIQ to support the U.S. Navy’s maritime mine countermeasure efforts.
Related Report
Flight Tracking System Market Research Report: Information by Type [ADS-B (Terrestrial and Space-Based), ACARS, and FANS], Aircraft Type (Fixed-Wing and Rotary-Wing), End User (Commercial and Military), and Region (North America, Europe, Asia-Pacific, Middle East Africa, and Latin America)—Forecast till 2027
Global Military Protection Glasses Market: Information by Type (Laser Safety, Bulletproof, Fire Resistant, Ballistic Protection, and Others), Material (Glass Fiber, Sapphire, Quartz, Polycarbonate, and Others), Platform (Armored Vehicle, Tank, Soldier Based, Aircraft, and Others), and Region (North America, Asia-Pacific, Europe, the Middle East Africa, and Latin America)—Forecast till 2025
About Market Research Future:
Market Research Future (MRFR) is a global market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions
Contact:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor, New York, New York 10013,
United States of America
+1 646 845 9312
