Anti-tank, anti-personnel, IED Detection Systems Market worth $440.20 Million and $278.12 Million by 2020 - PowerPoint PPT Presentation

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Anti-tank, anti-personnel, IED Detection Systems Market worth $440.20 Million and $278.12 Million by 2020

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The mine and IED detection systems markets are projected to reach up to $440.20 million and $278.12 million by 2020, respectively. – PowerPoint PPT presentation

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Title: Anti-tank, anti-personnel, IED Detection Systems Market worth $440.20 Million and $278.12 Million by 2020


1
MarketsandMarkets Presents
Anti-tank, anti-personnel, IED Detection Systems
Market worth 440.20 Million and 278.12 Million
by 2020
http//www.marketsandmarkets.com/Market-Reports/mi
ne-ied-detection-system-market-78121179.html
2
  • According to market research report "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" the
    mine and IED detection systems markets are
    projected to reach upto 440.20 million and
    278.12 million by 2020, respectively.
  • 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 -
    2020http//www.marketsandmarkets.com/Market-Repo
    rts/mine-ied-detection-system-market-78121179.html
    Early buyers will receive 10 customization on
    reports.

3
  • 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).

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  • 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 report also illustrates three major
    application sectors defense, homeland security,
    and commercial application. The future for
    anti-tank and anti-personnel mine detection
    systems will be dominated by the defense sector,
    while the IED detection systems market will be
    influenced by the homeland security sector. The
    common method that will be used for detection
    will be based on ground penetration radar and
    laser technology. The market revenues for the
    applications are calculated with respect to each
    region namely North America, Asia-Pacific,
    Europe, Africa, and the Middle East.
  • Africa and Asia-Pacific will grow at a higher
    CAGR in the future to meet the changing demands,
    while the market leaders, that is, North America
    and Europe, will register a sluggish growth. The
    economic turbulence and defense budget cuts in
    the North American and European region will be
    the major factor for the decrease in the demand
    for anti-tank mine and IED detection systems.
    While the countries in APAC and the Middle
    Eastern region will focus on growth and try to
    capture the market space during the forecast
    period of 2014-2020.

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  • Report also provides a detailed analysis of major
    countries from each region. It highlights the key
    growth regions and the key growth countries for
    this market on the basis of the revenue analysis.
    The major shareholder in the anti-tank,
    anti-personnel mine, and IED detection systems
    market are the U.S., the U.K., Russia, France,
    Japan, Saudi Arabia, India, China, Israel, and
    Brazil. The report provides their market size and
    discusses the market share by different
    sub-sectors for each country.
  • Furthermore, the report mentions the key players
    in the anti-tank, anti-personnel mine, and IED
    detection systems market such as BAE Systems
    (U.K.), IAI (Israel), Raytheon (U.S.), Northrop
    Grumman Corporation (U.S.), and Chemring Group
    PLC (U.K.). It offers the general overview of the
    companies, including their financial position,
    key products, market size, with respect to the
    mine and IED detection systems segment.

http//www.marketsandmarkets.com/Market-Reports/mi
ne-ied-detection-system-market-78121179.html
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About MarketsandMarkets
MarketsandMarkets is a global market research and
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with our huge market intelligence repository.
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