Global Mine Countermeasure Ships Market 2022-2032

$3,500.00

Modern mining systems are multipurpose devices that can detonate explosives using a variety of techniques, including pulse magnetic influence, acoustic-magnetic, pressure through hydrodynamics, acoustic, electric, etc. When a ship passes within the operational radius of the mines, its sound, pressure, or magnetic field may cause the mines’ very sensitive fuse or initiator, which has an operating radius of 50 to 60 m, to go off. Mines can be categorized based on how they are used, such as contact or influence, how they are planted, such as anchored, bottom, or floating, and how they move, such as self-propelled and fixed. Minefields can be managed or unmanaged.

Description

A mine countermeasures vessel, or MCMV, is a type of naval ship that combines the functions of a minesweeper and a minehunter in a single hull and is designed for the location and destruction of naval mines. Minesweepers and minehunters are both together referred to as MCMV.

While studying the history of mine countermeasure ships it is noted that the first of its kind was launched in the year the 1980s. The U.S. Navy started building a new mine countermeasures (MCM) force, which included two new ship classes and minesweeping helicopters, towards the beginning of the 1980s. The imperative need for a cutting-edge mine countermeasures force was amply demonstrated in the Persian Gulf during the eight-year Iran-Iraq War, as well as during Operations Desert Shield and Desert Storm in 1990 and 1991 when the Avenger (MCM 1) and Guardian (MCM 5) ships carried out MCM operations.

The ships in the Avenger class are intended to be mine sweepers/hunter-killers that can locate, identify, and deactivate moored and subsurface mines. In 1990, the final three MCM ships were acquired, bringing the total number of oceangoing, fully deployable Avenger class ships to 14. These vessels are equipped with sonar, camera, cable cutters, and remote-controllable mine detonating equipment. They can also take standard sweeping actions. The ships are made of a wooden hull with a fiberglass sheath. They are the first substantial mine-countermeasures ships produced in the US in about 27 years.

Major factors driving the growth of the market

On performing a regional competitive mapping it is noted that the APAC is one of the regions that actively make use of sea mines. Both state and non-state armed forces make use of these munitions. The increased insurgency within this region is stated to be one of the key factors that bolster the usage of landmines. Rising terrorist activities within this region is another factor that boosts the percentage of landmines acquired. Additionally, regions like India and China are surrounded by waterbodies, hence their investment in Naval platforms is seen to be relatively high. The cross-border tensions between these nations are noted to be another factor that promotes the demand for mine countermeasure ships.

Trends influencing the growth of the market

According to market trends, it is noted that wars have left waterbodies littered with mines. Installation of a mine can cost as little as USD 3, while clearing of the same is relatively expensive and is known to cost up to USD 1000. The Aframax crude oil transport tanker struck a sea mine on October 3, 2020, causing a massive hole to blow through its hull. Countries including China, Iran, and Russia can all be considered potential mine threats. Other nations have started coming up with countermeasures to combat this existing threat.

Market Dynamics

As per recent trends associated with the mine countermeasures market, it is noted that traditionally naval forces including the US and the UK have been investing in technologies like mine countermeasure ships. However, the market is shifting towards unmanned technologies which can be a potential threat to the mine countermeasure ships market. The hazard of conducting high-risk operations is hereby reduced by making use of automated mine countermeasure technology. During the forecast period, it is noted that an increased number of robots are poised to be used to sweep waterbodies to detect mines.

Developments

The first company to deploy electro-optic mine identification was Northrop Grumman. It created the first mine warfare unmanned surface and undersea vessels, long-range synthetic aperture sonar, as well as mine warfare unmanned surface vessels. As part of the mine countermeasure mission package for the Littoral Combat Ship, the US Navy utilizes the AN/AQS-20 advanced sonar system developed by the company Raytheon. Four different sonars and computer algorithms are used by the compact, hydrodynamically stable towed body to identify and classify underwater explosives in real-time.

Table of Contents

Market Definition

 

Market Segmentation

 

– By Type

– By Region

– By Class

 

10 Year Market Outlook

 

The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.

 

Market Technologies

 

This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.

 

Global Market Forecast

 

The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above.

 

Regional Market Trends & Forecast

 

The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking.

 

North America

 

– Drivers, Restraints and Challenges

– PEST

– Market Forecast & Scenario Analysis

– Key Companies

– Supplier Tier Landscape

– Company Benchmarking

 

Europe

Middle East

APAC

South America

 

Country Analysis

 

This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.

 

US

– Defense Programs

– Latest News

– Patents

– Current levels of technology maturation in this market

– Market Forecast & Scenario Analysis

 

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

 

Opportunity Matrix

 

The opportunity matrix helps the readers understand the high opportunity segments in this market.

 

Expert Opinions

 

Hear from our experts their opinion of the possible outlook for this market.

 

Conclusions

 

About Aviation and Defense Market Reports

Countries Covered

US

Canada

Italy

France

Germany

Netherlands

Belgium

Spain

Sweden

Greece

Australia

South Africa

India

China

Russia

South Korea

Japan

Malaysia

Singapore

Brazil

Regions Covered

North America

South America

Europe

Middle East

Asia

Segments Covered

By Region

By Class

By Type