Global Mine Countermeasures (MCM) Market and Technology Forecasts, 2020-2029 - Indigenous Programs, Increasing Maritime Threats, Advancements in Autonomous Platforms, Military Modernization Programs
Share this article Share this article ResearchAndMarkets.com's offering. The market revenue for Global Mine Countermeasures Market accounted for USD 2.04 Billion in the year 2020 and it is anticipated to reach a value of around USD 2.85 Billion by the year 2029. The market growth dynamics account for a CAGR of around 3.40% over the forecast period, 2020-2029. The Sea Mine continues to be a constant threat to global navies, with relatively primitive moored and drifting contact mines to technologically sophisticated influence mines. About a million naval mines are reported to be held by more t...