The key players in the mine & IED detection system market are BAE Systems Plc (U. K), Israel Aerospace Industries (Israel), Raytheon (U.S.), Northrop Grumman Corporation (U.S.), L-3 Communications Holdings Inc. (U.S.), Harris Corporation (U.S.), General Dynamics Corporation (U.S.), Schiebel Gmbh (Vienna), DCD Group (South Africa), Chemring Group Plc (U.K).
Various types of mine & IED detection technologies, such as acoustic sensors, chemical sensors, electromagnetic sensors and radar technology, ground penetrating radar, and thermal detection, are used to detect landmines.
Mine & IED detection system sales are expected to rise significantly during the forecast period.
The factors driving the growth of the market are rise in military land clearance operations and advancement in sensor technology in the defense sector.
The continuous demand for mine & IED detection equipment from the U. S. military to tackle conflicts are the major reasons for the high growth of this market.