Mechanical Mine Clearance System Market is set to grow with a CAGR of 2.7% during the forecast to 2024

According to a new market research report published by Credence Research “Mechanical Mine Clearance System Market – Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2024” the global mechanical mine clearance system market is estimated to expand with a CAGR of 2.7% from 2016 to 2024.

Market Insights

Mine clearance, also called as demining, is one of the most crucial operations of the five major mine actions. The process includes surveys, land mapping and minefield marking along with actual clearance of mines from the concerned land. Traditionally, the process is achieved through manual detection methods using metal detectors, well-trained dogs, prodder or an excavation kit. However, due to significant risk of casualties involved in manual detection, mechanical mine clearance systems have gained remarkable growth over the period of time.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/mechanical-mine-clearance-system-market

Mechanical mine clearance systems are heavy vehicles designed to detonate the underlying mines with minimal damage to the equipment and operator. These are typically heavy machines having the most popular mass range starting from 5 tons to 15 tons (basic weight of the vehicle). Higher mass coupled with its structure, mechanical mine clearance form one of the safest methods for demining application. Due to substantial reliability and minimized casualty rate, the market growth is projected to remain robust during the forecast period. Nevertheless, high cost of the equipment and operation poses major challenge for the market growth.

On the basis of equipment size, the market is further segmented into three major segments viz. – lightweight (upto 5 tons), medium weight (5 tons to 20 tons) and heavy weight (more than 20 tons). Based on the mode of operation, the market is segment into remote controlled and manual controlled mine clearance system. As of 2015, the remotely controlled mine clearance system segment leads the overall market worldwide, in terms of revenue and volume.

Competitive Insights:

The overall mechanical mine clearance system market is quite fragmented in nature with large number of manufacturers worldwide. The concentration of these equipment vendors is centered majorly in Europe region. Apart from Europe, Asia Pacific possesses considerable number of market players. The most significant strategy adopted by the market players is providing machines capable of handling multiple tasks. In addition, the market players are now more focused towards manufacturing remotely controlled equipment having higher operating range. This is followed so as to ensure optimum safety of the personnel operating in the mine field.

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List of Companies Covered:

  • Aardvark Clear Mine Ltd.
  • Ararat Company
  • Armtrac Ltd.
  • A/S Hydrema
  • Digger DTR
  • DOK-ING d.o.o
  • Duro Dakovic Special Vehicles Inc.
  • Flensburger Fahrzeugbau GmbH
  • Humanistic Robotics, Inc
  • Kawasaki Heavy Industries Ltd.
  • Komatsu Ltd.
  • Krohn
  • MacroHard Mechanic
  • MDR Complete Demining AB
  • MineWolf Systems AG
  • Rotar International BV
  • Scanjack AB
  • Vilpo d.o.o.
  • Way Industries a.s.
  • Yamanashi Hitachi

Market Segmentation

By Mode of Operation

  • Remote Controlled
  • Manual Controlled

By Equipment Size

  • Lightweight (Upto 5 tons)
  • Medium Weight (5 tons to 20 tons)
  • Heavy Weight (More than 20 tons)

By Geography Segment Type

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of the World (the Middle East & Africa, Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/58372

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