The Europe mine detection system market is expected to grow from US$ 1,360.11 million in 2021 to US$ 2,410.97 million by 2028; it is estimated to register a CAGR of 8.5% from 2021 to 2028.
The number of armed conflicts between countries is increasing at an alarming rate, prompting a greater need for nation's defense forces to strengthen their security measures. Moreover, developed and developing nations have experienced a significant rise in military expenditure. A significant amount of the budget is allocated to the procurement of countermeasure technologies, such as mine detection systems.
Thus, such investments and initiatives to procure new and advanced mine detection systems across several militaries and naval bodies are boosting the growth of the Europe mine detection system market .
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe mine detection system market growth at a notable CAGR during the forecast period.
Europe Mine Detection System Market Revenue and Forecast to 2028 (US$ Million)
Europe Mine Detection System Market Segmentation
The Europe mine detection system market is segmented into deployment, detection capability and end user. Based on deployment, the market is bifurcated into vehicle mounted and handheld. Based on detection capability, the Europe mine detection system market is bifurcated into above surface and underground. Based on end user, the market is divided into defense and homeland security. By country, the Europe mine detection system market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe.
Europe Mine Detection System Market - Companies Mentioned
MBDA; BAE Systems; Chemring Group PLC; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc. ; Mine Kafon LAB; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Schiebel Corporation are among the leading companies operating in the Europe mine detection system market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Mine Detection System Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
5. Europe Mine Detection System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 New Product Development
5.1.2 Rise in Procurement of Mine Detection Systems
5.2 Market Restraints
5.2.1 Low Adoption Across Developing Countries and False Alarms
5.3 Market Opportunities
5.3.1 Integration of Mine Detection Systems with Unmanned Autonomous Vehicles
5.4 Future Trends
5.4.1 Use of Honeybees for Mine Detection
5.5 Impact Analysis of Drivers and Restraints
6. Europe Mine Detection System Market –Country Analysis
6.1 Europe Mine Detection System– Country Overview
6.2 Europe Mine Detection System Market Revenue and Forecast to 2028 (US$ Million)
7. Europe Mine Detection System Market Analysis – By Deployment
7.1 Overview
7.2 Europe Mine Detection System Market, By Deployment (2020 and 2028)
7.3 Vehicle Mounted
7.3.1 Overview
7.3.2 Vehicle Mounted: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Hand Held
7.4.1 Overview
7.4.2 Hand Held: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Mine Detection System Market Analysis – By Detection Capability
8.1 Overview
8.2 Europe Mine Detection System Market, By Detection Capability (2020 and 2028)
8.3 Above Surface
8.3.1 Overview
8.3.2 Above Surface: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Underground
8.4.1 Overview
8.4.2 Underground: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Mine Detection System Market Analysis – By End User
9.1 Overview
9.2 Europe Mine Detection System Market, By End User (2020 and 2028)
9.3 Defense
9.3.1 Overview
9.3.2 Defense: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Homeland Security
9.4.1 Overview
9.4.2 Homeland Security: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Mine Detection System Market – Country Analysis
10.1 Overview
10.2 Europe: Europe Mine Detection System Market
10.2.1 Europe: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1 France: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1.1 France: Europe Mine Detection System Market, By Deployment
10.2.1.1.2 France: Europe Mine Detection System Market, by Detection Capability
10.2.1.1.3 France: Europe Mine Detection System Market, by End User
10.2.1.2 Germany: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.2.1 Germany: Europe Mine Detection System Market, By Deployment
10.2.1.2.2 Germany: Europe Mine Detection System Market, by Detection Capability
10.2.1.2.3 Germany: Europe Mine Detection System Market, by End User
10.2.1.3 Italy: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.3.1 Italy: Europe Mine Detection System Market, By Deployment
10.2.1.3.2 Italy: Europe Mine Detection System Market, by Detection Capability
10.2.1.3.3 Italy: Europe Mine Detection System Market, by End User
10.2.1.4 UK: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.4.1 UK: Europe Mine Detection System Market, By Deployment
10.2.1.4.2 UK: Europe Mine Detection System Market, by Detection Capability
10.2.1.4.3 UK: Europe Mine Detection System Market, by End User
10.2.1.5 Russia: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.5.1 Russia: Europe Mine Detection System Market, By Deployment
10.2.1.5.2 Russia: Europe Mine Detection System Market, by Detection Capability
10.2.1.5.3 Russia: Europe Mine Detection System Market, by End User
10.2.1.6 Rest of Europe: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.6.1 Rest of Europe: Europe Mine Detection System Market, By Deployment
10.2.1.6.2 Rest of Europe: Europe Mine Detection System Market, by Detection Capability
10.2.1.6.3 Rest of Europe: Europe Mine Detection System Market, by End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 MBDA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 BAE Systems
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Chemring Group PLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Israel Aerospace Industries Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 L3Harris Technologies, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mine Kafon LAB
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Northrop Grumman Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Raytheon Technologies Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Schiebel Corporation
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES.
Table 1. Europe: Europe Mine Detection System Market, By Deployment– Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe: Europe Mine Detection System Market, by End User– Revenue and Forecast to 2028 (US$ Million)
Table 4. France: Europe Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Europe Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. Germany: Europe Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 8. Germany: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 9. Germany: Europe Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Europe Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 11. Italy: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 12. Italy: Europe Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Europe Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Europe Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Europe Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 17. Russia: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 18. Russia: Europe Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Europe Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Europe: Europe Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of Europe: Europe Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES.
Figure 1. Europe Mine Detection System Market Segmentation
Figure 2. Europe Mine Detection System Market Overview
Figure 3. Handheld Segment held the Largest Share in 2020
Figure 4. Rest of Europe held the Largest Share in 2020
Figure 5. Porter’s Five Forces Analysis
Figure 6. mine detection system Market: Ecosystem Analysis
Figure 7. Mine Casualties, 2018 - 2020
Figure 8. Europe Mine Detection System Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Mine Detection System Market – Country Analysis
Figure 10. Europe Mine Detection System Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Mine Detection System Market Revenue Share, by Deployment (2020 and 2028)
Figure 12. Vehicle Mounted: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Hand Held: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Mine Detection System Market Revenue Share, by Detection Capability (2020 and 2028)
Figure 15. Above Surface: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Underground: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Mine Detection System Market Revenue Share, by End User (2020 and 2028)
Figure 18. Defense: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Homeland Security: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Mine Detection System Market Revenue Share, by Region (2021 and 2028)
Figure 21. Europe: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. France: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Germany: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Italy: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. UK: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Russia: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Europe Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
The List of Companies - Europe Mine Detection System Market
● MBDA
● BAE Systems
● Chemring Group PLC
● Israel Aerospace Industries Ltd.
● L3Harris Technologies, Inc.
● Mine Kafon LAB
● Northrop Grumman Corporation
● Raytheon Technologies Corporation
● Schiebel Corporation
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Mine Detection Systems Market.
● Highlights key business priorities in order to assist companies to realign their business strategies.
● The key findings and recommendations highlight crucial progressive industry trends in Europe Mine Detection Systems Market, thereby allowing players across the value chain to develop effective long-term strategies.
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
● Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
