Global Counter-IED Market is Rising Exponentially at Rate of 2.30% During the Forecast Period

Counter-IED Market is expected to rise at annual rate 2.30% in the forecast period of 2021 to 2028 and is expected to reach USD 139,193.01 million by 2028 due to the increasing need for the security globally.

On the other hand, high cost associated with the research and development and protectionist policies are expected to obstruct the market growth in the above mentioned forecast period. Developing robust IED countermeasures is projected to challenge the counter-IED market.

Counter-IED Market Scenario

According to Data Bridge Market Research the markets for counter-IED is accelerating because of the growing number of terrorist activities across the globe, rise in demand for unmanned systems like driverless trucks and lighter robots and high deployment military and homeland security organizations, majorly including vehicles, ships, and aircraft. Additionally, growing equipment of electronic explosive detection devices, jammers for tracking the location, and neutralizing improvised explosive devices (NIED) and rise in the investments, expansion of commercial aircraft, increase in in safety regulations for aircraft positively affect the counter-IED market.

Furthermore, increasing demand from homeland security agencies extend profitable opportunities to the market players.

Now the question is which are the other regions that counter-IED market targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the rise in the investments by the government to equip their military bodies in the region.

For more analysis on the counter-IED market request for a briefing with our analysts,

Counter-IED Market Scope

Counter-IED market is segmented on the basis of countries into U.S., Canada, and Mexico in North America, Brazil, Argentina, and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of counter-IED market is further analyzed based on maximum granularity into further segmentation. Plant growth regulators market on the basis of capability, the counter-IED market is segmented into detection, countermeasures, jammers, neutralization, neutralizing improvised explosive devices (NIED), and explosive ordnance disposal (EOD). On the basis of deployment, the counter-IED market is segmented into vehicle mounted; ship mounted, airborne mounted, handheld and others. On the basis of end user, the counter-IED market is segmented into military and homeland security.
  • Counter IED System is referred to the system for sensing explosives and explosive components by using improvised explosive devices (IEDs).

To know more about the study,

Key Pointers Covered in the Counter-IED Market Industry Trends and Forecast to 2028

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • General Dynamics Corporation
  • Lockheed Martin Corporation.
  • Elbit Systems Ltd.
  • Raytheon Technologies Corporation
  • Chemring Group PLC
  • Thales Group
  • L3Harris Technologies, Inc.
  • Northrop Grumman.
  • Allen-Vanguard Corporation.
  • Netline Communications Technologies
  • IAI
  • Sierra Nevada Corporation.
  • SRC, Inc.
  • BAE Systems.
  • QinetiQ
  • Rheinmetall AG

Above are the key players covered in the report, to know about more and exhaustive list of counter-IED companies’ contact us,

Research Methodology of Counter-IED Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Related Reports

Browse in Automotive Category Related Reports@