Mine and IED Detection System Market worth $440.20 Million and $278.12 Million by 2020

Mine and IED Detection System MarketMine and IED Detection System Market worth $440.20 Million and $278.12 Million by 2020 PR Newswire DALLAS, April 11, 2014 According to new report "Mine & IED Detection System Market by Product (Vehicle Mounted, Hand Held, Robotics, Biosensors), by Application (Defense, Homeland Security and Commercial), Region & Country - Global Trends & Forecasts to 2014 - 2020", published by MarketsandMarkets, the Mine and IED Detection System Markets are projected to decline to $440.20 Million and $278.12 Million by 2020, respectively. Browse 95 market data Tables, 55 Figures spread through 180 Pages and in-depth TOC on "Mine & IED Detection System Market". http://www.marketsandmarkets.com/Market-Reports/mine-ied-detection- system-market-78121179.html Early buyers will receive 10% customization on this report. According to Yogiata Sharma, research associate at MarketsandMarkets, The last decade witnessed a revolution in Mine and IED Detection System. With the war in Afghanistan and Iraq, the market was showing tremendous growth. However, with the retreat of troops in Afghanistan and Iraq, and the global economic turbulence that has caused defense budget cuts, the market is projected to decline in the upcoming years. The major difficulties identified in the Mine and IED Detection System Market a defense budget cuts, political instability, and the high cost of detection.