New Investments Expected to Boost the Mechanical Mine Clearance System Market During 2016 - 2026 : Persistence Market Research

The Mechanical Mine Clearance System Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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New York, NY -- (SBWire) -- 03/08/2017 --Mechanical Mine Clearance System Market: Dynamics

Mechanical mine clearance market is primarily driven by the requirement of clearing a piece of land from mines for other purposes. Rapid urbanization, industrialization and construction projects call for utilizing an unused piece of land, this helps in the growth of mechanical mine clearance systems. An usual sight observed near the area of mines is poor fencing and warning displays causing stray travelers and children to unknowingly cross it, this has caused many mishaps and incidents prompting the regulatory bodies to implement measures in clearing the mines leading to an expansion in the mechanical mine clearance system market growth.

Mines are traditionally cleared by the usage of simple metal detectors by the clearing personnel that could be dangerous if the personnel accidently steps on it, complications further arises if the mines buried within the surface is made of plastic or other material that cannot be detected by the metal detector, hence for safety reasons mechanical mine clearance system is the best way to clear a piece of land from mines, further enhancing the growth of the market.

According to a research published by Landmine Monitor in 2016, over 6,400 casualties of mine blast were recorded in 2015 increasing the number of casualties by 75% from the number of casualties recorded in 2014. As of 2016, over 60 countries spread across the globe have been recorded to contain mines within its vicinity. Mine Ban Treaty, popularly known as the Ottawa Treaty is a convention aimed at the clearance of mines and banning the manufacture of mines altogether which can help in boosting the growth of mechanical mine clearance system market.

Some of the important restraints associated with mechanical mine clearance market system are high cost of the system. Since, these systems are basically constructed similar to an earth mover with additional armoring as a standalone product, high costs are inevitable. The systems are also subjected to extreme forces, hence maintenance costs associated with mechanical mine clearance system can also be very high, thereby hampering the growth of the market. Another point to be noted is that many countries that were previously contaminated with mines have been completely cleared off by traditional methods that can severely dent the growth of the mechanical mine clearance system market.

Mechanical Mine Clearance System Market: Participants

Examples of some of the participants identified in the manufacture of Mechanical Mine Clearance System market are

-The Hydrema Group
-Rheinmetall AG
-Aardvark Clear Mine Ltd.
-BAE Systems Plc
-Digger DTR
-KMMCS - Maschinelle Minenräumung und Bodensanierung
-Caterpillar Inc.
-Pearson Engineering Limited
-Patria Oy
-Scanjack AB

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/13216

Mechanical Mine Clearance System Market: Regional Outlook

The Mechanical Mine Clearance System market can be segmented into seven geographical regions such as Asia Pacific excluding Japan, North America, Latin America, Western Europe, Eastern Europe, Japan and Middle East & Africa. Fruitful growth of mechanical mine clearance system can basically be concentrated on countries that are still contaminated with mines. A few examples are Somalia, Bosnia, Kuwait, Cambodia, Iraq, Afghanistan, Angola, Iran, Egypt, etc.

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