Rapid Unit Sales of Mechanical Mine Clearance System Market to Account for Incremental Revenues
Science In Me | April 17, 2020
While the need for safe demining action is gradually becoming a necessity, the world awaits the arrival of affordable mechanical mine clearance systems. Demining action continues to gain traction across the globe, driving the adoption of mechanical mine clearance systems and reducing the casualty incidence rate while planting active landmines. Furthermore, the urgency of clearing landmines for rehabilitation purposes is also prompting the use of mechanical mine clearance systems. Persistence Market Research’s recently published report estimates the global market for mechanical mine clearance systems to be presently valued at US$ 38.2 Mn, and anticipates it to bring US$ 51.7 Mn by the end of 2024. According to the report, titled Mechanical Mine Clearance System Market: Global Industry Analysis and Forecast, 2016-2024, the global market for mechanical mine clearance systems is projected to grow at a moderate pace, registering 3.9% CAGR over the forecast period.