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Mine Detection Systems Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Mine Detection Systems Market SizeAccording to QYResearch's new survey, global Mine Detection Systems market is projected to reach US$ 7391.4 million in 2029, increasing from US$ 5100 million in 2022, with the CAGR of 5.7% during the period of 2023 to 2029.
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Mine Detection Systems Market
Mine detection system is a device for locating buried or concealed mines usually by indicating the presence of metal or by giving a signal when it is passed over something different from the ground in the vicinity.
global Mine Detection Systems market is projected to reach US$ 7391.4 million in 2029, increasing from US$ 5100 million in 2022, with the CAGR of 5.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Mine Detection Systems market research.
Key manufacturers engaged in the Mine Detection Systems industry include Lockheed Martin Corporation, Israel Aerospace Industries Ltd., Northrop Grumman Corporation, L3Harris Technologies, Inc., Leonardo SPA, BAE Systems, Elbit Systems and Textron Systems, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Mine Detection Systems production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Mine Detection Systems were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Mine Detection Systems market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Mine Detection Systems market with multiple angles, which provides sufficient supports to readers' strategy and decision making.
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Segment by Type
• Vehicle Mounted
• Ship Mounted
• Airborne Mounted
• Handheld
Segment by Application
• Defence
• Homeland Security
By Company
Lockheed Martin Corporation, Israel Aerospace Industries Ltd., Northrop Grumman Corporation, L3Harris Technologies, Inc., Leonardo SPA, BAE Systems, Elbit Systems, Textron Systems
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