
Global Mine Clearance System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
8977
May 2023
169
Global Mine Clearance System Market Introduction :
“The global Mine clearance or demining systems Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Mine clearance or demining systems removes land mines from particular location by using detectors and mechanical tool incorporated in vehicles. The military and humanitarian are prominent applications of these systems.
Market Dynamics
Rising adoption of mechanical mine clearance systems and reducing the rate of casualty incidence at the time of planting active landmines are major factors expected to drive growth of the global mine clearance system market over the forecast period. In addition, increasing need of clearing landmines for rehabilitation purposes is another factor expected to further fuel growth of the target market over the forecast period. Furthermore, increasing development in functionality and safety of remotely operated machineries are other factors expected to support growth of the global market over the forecast period.
Moreover, significant risk of casualties involved in manual detection and mechanical mine clearance systems are some other factor expected to support growth of the global mine clearance system market over the forecast period.
However, high initial setup and maintenance costs, and lack of skilled professionals are major factors expected to restrain growth of the global mine clearance system market over the forecast period.
Increasing humanitarian activities in order to support the international ban such as Geneva International Centre for Humanitarian Demining (GICHD), Norwegian People’s Aid, and Halo Trust are expected to create potential opportunities for the global mine clearance system market over the forecast period. In addition, availability of affordable mine clearance system is another factor expected to create opportunities for the players operating in the target market over the forecast period.
Analysis by Segment
On the basis of mode of operation segment, the manual segment is expected to register significant share in terms of revenue over the forecast period, owing to lack of skilled professionals and difficulties in handling remote operation of heavy machinery. In addition, remote controlled segment expected to register moderate growth, owing to increasing development in functionality and concerns regarding operator’s safety which in turn expected to increase adoption of robotic or remotely-controlled mechanical mine clearance vehicles.
Analysis by Region
The market in Europe expected to dominates the global mine clearance system market in terms of revenue and is expected to continue its dominance over the forecast period, owing to increasing manufacturers preference towards these types of equipment which in turn expected to drive growth of the target market in this region. The market in Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to increasing manufacturers preference towards remotely controlled equipment which are having higher operating range across various countries in the region.
Global mine clearance system market segmentation:
Segmentation by system type:
- Mine flail systems
- Mine tillers
- Combined Flail and Tiller Systems
Segmentation by mode of operation:
- Manual
- Remote controlled
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn - Hydrema Holding ApS
- Rheinmetall AG
- Aardvark Clear Mine Ltd.
- Armtrac Ltd.
- MineWolf Systems AG
- Scanjack AB
- WAY INDUSTRY, a.s.
- Countermine Technologies AB
- DOK-ING d.o.o.
- CEFA SAS
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