Asia Pacific Mine Detection System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (Vehicle Mounted and Handheld), Detection Capability (Above Surface and Underground), and End User (Defense and Homeland Security)
The Asia Pacific mine detection system market is expected to reach US$ 1703.56 million by 2028 from US$ 889.86 million in 2021. The market is estimated to grow at a CAGR of 9.7% from 2021–2028.
In the past years, market players have experienced major developments in mine detection systems to offer new and advanced systems to end users, including defense forces, paramilitary forces, and border security forces. This increase in investment in new product development is attributed to the rising demand for advanced mine detection systems among military and naval forces across the region. The key players operating in the Asia Pacific mine detection system market are BAE Systems; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Northrop Grumman Corporation; and Raytheon Technologies Corporation. Further, major developments were registered in the Asia Pacific mine detection system market. For instance, in February 2021, Pearson Engineering launched its air-scatterable and surface-placed mine clearance systems. The products consist of a machine learning-based mine detection and avoidance system and an emergency deployed self-extraction mine clearance instrument. Thus, such high investments by market players in the development of mine detection systems to ensure enhanced efficiency for detecting metallic and non-metallic mines are driving the Asia Pacific 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 Asia Pacific mine detection system market growth at a notable CAGR during the forecast period.
Asia Pacific Mine Detection System Market Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific Mine Detection System Market Segmentation
The Asia Pacific 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 Asia Pacific 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 Asia Pacific mine detection system market is segmented into Australia, India, China, Japan, South Korea, and the Rest of Asia Pacific.
Asia Pacific Mine Detection System Market - Companies Mentioned
BAE Systems; Chemring Group PLC; Israel Aerospace Industries Ltd.; L3Harris Technologies, Inc.; Northrop Grumman Corporation; Raytheon Technologies Corporation; and Schiebel Corporation are among the leading companies operating in the Asia Pacific mine detection system market.
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. Asia Pacific 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. Asia Pacific 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. Asia Pacific Mine Detection System Market –Country Analysis
6.1 Asia Pacific Mine Detection System – Country Overview
6.2 Asia Pacific Mine Detection System Market Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Mine Detection System Market Analysis – By Deployment
7.1 Overview
7.2 Asia Pacific Mine Detection System Market, By Deployment (2020 and 2028)
7.3 Vehicle Mounted
7.3.1 Overview
7.3.2 Vehicle Mounted: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Hand Held
7.4.1 Overview
7.4.2 Hand Held: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Mine Detection System Market Analysis – By Detection Capability
8.1 Overview
8.2 Asia Pacific Mine Detection System Market, By Detection Capability (2020 and 2028)
8.3 Above Surface
8.3.1 Overview
8.3.2 Above Surface: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Underground
8.4.1 Overview
8.4.2 Underground: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Mine Detection System Market Analysis – By End User
9.1 Overview
9.2 Asia Pacific Mine Detection System Market, By End User (2020 and 2028)
9.3 Defense
9.3.1 Overview
9.3.2 Defense: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Homeland Security
9.4.1 Overview
9.4.2 Homeland Security: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Mine Detection System Market –Country Analysis
10.1 Overview
10.2 APAC: Asia Pacific Mine Detection System Market
10.2.1 APAC: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1 Australia: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.1.1 Australia: Asia Pacific Mine Detection System Market, By Deployment
10.2.1.1.2 Australia: Asia Pacific Mine Detection System Market, by Detection Capability
10.2.1.1.3 Australia: Asia Pacific Mine Detection System Market, by End User
10.2.1.2 China: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.2.1 China: Asia Pacific Mine Detection System Market, By Deployment
10.2.1.2.2 China: Asia Pacific Mine Detection System Market, by Detection Capability
10.2.1.2.3 China: Asia Pacific Mine Detection System Market, by End User
10.2.1.3 India: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.3.1 India: Asia Pacific Mine Detection System Market, By Deployment
10.2.1.3.2 India: Asia Pacific Mine Detection System Market, by Detection Capability
10.2.1.3.3 India: Asia Pacific Mine Detection System Market, by End User
10.2.1.4 Japan: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.4.1 Japan: Asia Pacific Mine Detection System Market, By Deployment
10.2.1.4.2 Japan: Asia Pacific Mine Detection System Market, by Detection Capability
10.2.1.4.3 Japan: Asia Pacific Mine Detection System Market, by End User
10.2.1.5 South Korea: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.5.1 South Korea: Asia Pacific Mine Detection System Market, by Deployment
10.2.1.5.2 South Korea: Asia Pacific Mine Detection System Market, by Detection Capability
10.2.1.5.3 South Korea: Asia Pacific Mine Detection System Market, by End User
10.2.1.6 Rest of APAC: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
10.2.1.6.1 Rest of APAC: Asia Pacific Mine Detection System Market, By Deployment
10.2.1.6.2 Rest of APAC: Asia Pacific Mine Detection System Market, by Detection Capability
10.2.1.6.3 Rest of APAC: Asia Pacific Mine Detection System Market, by End User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 BAE Systems
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 Chemring Group PLC
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 Israel Aerospace Industries Ltd.
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 L3Harris Technologies, Inc.
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 Northrop Grumman Corporation
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 Raytheon Technologies Corporation
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 Schiebel 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
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. APAC: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 2. APAC: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 3. APAC: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 6. Australia: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 9. China: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 11. India: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 14. Japan: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 15. Japan: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 18. South Korea: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Asia Pacific Mine Detection System Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of APAC: Asia Pacific Mine Detection System Market, by Detection Capability – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of APAC: Asia Pacific Mine Detection System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Mine Detection System Market Segmentation
Figure 2. Asia Pacific Mine Detection System Market Overview
Figure 3. Handheld Segment held the Largest Share in 2020
Figure 4. China 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. Asia Pacific Mine Detection System Market: Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific Mine Detection System Market –Country Analysis
Figure 10. Asia Pacific Mine Detection System Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. Asia Pacific Mine Detection System Market Revenue Share, by Deployment (2020 and 2028)
Figure 12. Vehicle Mounted: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Hand Held: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Asia Pacific Mine Detection System Market Revenue Share, by Detection Capability (2020 and 2028)
Figure 15. Above Surface: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Underground: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Asia Pacific Mine Detection System Market Revenue Share, by End User (2020 and 2028)
Figure 18. Defense: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Homeland Security: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Asia Pacific Mine Detection System Market Revenue Share, by Region (2021 and 2028)
Figure 21. APAC: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Australia: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. China: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. India: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Japan: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. South Korea: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of APAC: Asia Pacific Mine Detection System Market – Revenue and Forecast to 2028 (US$ Million)
- BAE Systems
- Chemring Group PLC
- Israel Aerospace Industries Ltd.
- L3Harris Technologies, Inc.
- 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 Asia Pacific Mine Detection Systems Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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