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Developments in Mine and IED system in Europe and North America

The key players profiled in the report are BAE Systems (U.K.), Israel Aerospace Industries (Israel), Raytheon (U.S.), Northrop Grumman Corporation (U.S.), L-3 Communications Holdings Inc. (U.S.), ITT Exelis (U.S.), General Dynamics Corporation (U.S.), Schiebel GmBH (Vienna), DCD Group (South Africa), and Chemring Group PLC (U.K.). Apart from a general overview of the companies, it also provides the details of their financial positions, key products and services, growth strategies, and key developments.

The report provides a brief analysis of the application sectors of the market, upcoming trend topics i.e. Mine Detection System using Metal Detector, Electromagnetic, Acoustic/ Seismic, Biological, Chemical, Mechanical methods , ground penetrating radar (GPS) and IED Detection Systems using Biological , Electronic/Chemical , Optical/Laser, Neutron, X-ray methods. Report also provides a detailed analysis of major countries from each region. The countries considered are the U.S., the U.K., Russia, France, Japan, Saudi Arabia, India, China, Israel, and Brazil. It highlights the key growth regions and the key growth countries for this market on the basis of the revenue analysis.

Browse 95 market data tables 55 figures spread through 180 pages and in-depth TOC on “Anti-tank, anti-personnel, IED Detection Systems Market by Product (Vehicle Mounted, Hand Held, Robotics, Biosensors), Application (Defense, Homeland Security and Commercial), Region & Country - Global Trends & Forecasts to 2014 - 2020”

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The Anti-tank, anti-personnel mine, and IED detection systems markets are currently estimated to be worth $443.70 million and $298.61 million, respectively. They are also expected to reach $440.20 million and $278.12 million by 2020, respectively.

The Anti-tank, anti-personnel, IED Detection Systemsmarket research report categorizes the global market on the basis of product type, application sectors, revenue forecast, market share, and upcoming trends in the industry and technology.

The anti-tank, anti-personnel mine, and IED detection systems are designed to identify deeply buried and surface-laid mines and IEDs that are in or next to the advancing path of deployment. The detection systems can be operated in vehicles, handheld devices, and robotics. Thus, the market is categorized into vehicle mounted, handheld, biosensors, and robotics platforms.

During the war in Afghanistan and Iraq, the vehicle mounted detection systems were high in demand. However, the market is now shifting towards the robotics. Robotics consists of unmanned systems such as unmanned surface vehicles (USV), unmanned ground vehicles (UGV), and unmanned aerial vehicles (UAV).

Robotic systems are slowly replacing the worldwide range of vehicle-mounted mine detection systems application; higher efficiency and greater levels of control are identified as the forces for the rising demand for the mine and IED detecting robotic systems market. By 2020, the robotics segment is expected to capture 29% and 18% of the market share of the mine and IED detection systems, respectively.

The growth for this market will be sluggish in Europe and North America. There is a slight decline in the global share of advanced markets. The decline is attributed to a reduction in defense expenditure in the western markets (Europe and the U.S.). However, the significant investment growth in most emerging markets (BRIC) will help to keep the market steady.

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Nations such as India and the UAE are currently focusing on developments in mine and IED systems. As APAC countries are facing internal and external threats as well as threats from terrorists, the region is trying to strengthen their defense and homeland security inventories. These recent conflicts between countries in the APAC region are driving procurements and investments within the market.

Mine and IED detection systems in the public safety segment of homeland security are of critical importance and is a hot pocket for investment, too. This forecast estimates that emerging markets represent an opportunity for the defense industry due to the domestic demand in emerging markets (BRIC) for mine and IED detection systems.

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