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Based on deployment platform, the market is divided into vehicle mounted, marine-based, airborne, handheld. The air bone segment is expected to register an over CAGR of 8% during the forecast period.
Based on application, the market is divided into defense & homeland security. The defense segment dominated the global market with a revenue of over USD 5 billion by 2032.
North America dominated the global mine detection system market in 2023, accounting for a share of over 35%. North America, particularly the United States and Canada, has a significant presence in the market due to substantial investments in defense and humanitarian efforts. The U.S. military's focus on modernizing its capabilities and addressing global mine threats drives demand for advanced detection technologies. Additionally, the U.S. and Canadian governments are actively involved in international demining initiatives and support various organizations engaged in mine clearance operations. The region's technological advancements and research contributions also play a crucial role in the development of innovative mine detection systems. North America's strong defense sector and commitment to global safety and security contribute to its prominent position in the market.
United States is a major player in the mine detection system industry, driven by its extensive defense budget and global military presence. The U.S. Department of Defense invests heavily in advanced mine detection technologies to enhance operational safety and effectiveness in conflict zones. The country's involvement in international demining initiatives and humanitarian efforts further fuels the demand for sophisticated detection systems. Additionally, the U.S. is home to leading technology providers and research institutions that drive innovation in mine detection technologies, reinforcing its dominant position in the market.
Japan's role in the mine detection system market is shaped by its technological expertise and commitment to humanitarian aid. Although Japan does not face extensive mine threats domestically, it actively participates in global demining efforts through international collaborations and funding. Japanese companies are known for their advanced technological solutions and contribute to the development of innovative mine detection systems. Japan's emphasis on technological advancement and support for international demining initiatives enhances its position in the global market for mine detection technologies.
China's growing presence in the market is driven by its expanding defense capabilities and increasing investment in demining efforts. The country faces significant challenges related to landmines and unexploded ordnance in regions affected by historical conflicts. China's commitment to enhancing its defense and security infrastructure, along with its involvement in international demining projects, drives the demand for advanced mine detection technologies. Additionally, China's rapid technological advancements and industrial capabilities contribute to its growing influence in the global market.
South Korea is an important player in the mine detection system market, influenced by its geopolitical situation and technological advancements. The country invests in advanced mine detection technologies to address security challenges and support demining efforts in the Korean Peninsula. South Korea's focus on technological innovation and defense modernization drives the demand for sophisticated detection systems. Additionally, South Korean companies are involved in the development and supply of advanced mine detection technologies, contributing to their significant presence in the global market.
For instance, in December 2023, South Korea's Hanwha Systems signed a Rapid Demonstration Acquisition Project (RDAP) agreement worth approximately 21 million USD for the development of an AI-based automatic naval mine detection system with Defense Rapid Acquisition Technology Research Institute (DRATRI). Rapid Acquisition’ refers to the process of simplifying procedures to acquire advanced defense technology and weapons, not only shortening the time required but also rapidly introducing cutting-edge technology into the defense industry through collaboration with private companies.