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IED Detection Systems Market – Technological growth in industry
The 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. Robotics consists of unmanned systems such as unmanned surface vehicles, unmanned ground vehicles, and unmanned aerial vehicles. 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.
There are several technologies that have been adopted by detection system manufacturers over the years. But the latest trend that is followed in the mine and IED detection systems industry is the use of hybrid technology for the development of the product. For example, the Israel Aerospace mine and IED detection system that incorporates the latest ground penetration radar and metal detection array. These detection systems have applications in defense, homeland security, and the commercial sector.
It is estimated that robotics detection systems that consist of hybrid technologies will dominate the total mine and IED detection systems market in the coming years. Whereas, the vehicle mounted mine and IED detection system will show a significant decline in the near future. The mine and IED detection systems market in Asia-Pacific and the Middle East will grow at the highest CAGR.
The mine and IED detection systems market is on a declining phase. The reason for the decline is the global economic turbulence that has resulted in defense budget cuts. Also, with the armed forces retreating from Afghanistan and Iraq, the political instability and lack of a reliable detection system are also restraints for the market.
Global 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
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