Counter-IED Market: Introduction
Transparency Market Research delivers key insights on the
global counter-IED
market. In terms of revenue, the global market is estimated to
expand at a CAGR of ~3% during the forecast period, owing to
numerous factors regarding which TMR offers thorough insights and forecasts in
its report on the global counter-IED market.
Counter-IED (improvised explosive device) is part of a
broader counter-terrorism, counter-insurgency, or law enforcement effort.
Counter-IED is an interdisciplinary process for evaluating and adjusting
measures to discover, prevent, mitigate, and recover from IED incidents and
their consequences. These systems are largely utilized in military and law
enforcement applications. Counter-IED systems include anti-tank, anti-personnel
mine, and IED detection systems. Thus, an increase in trend of making
counter-IED systems quicker, reliable, and safer is projected to boost the demand
for counter-IED across the globe in the near future.
Major Key Players of
the Counter-IED Market are:
Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon
Company, Sierra Nevada Corporation, Allen-Vanguard, General Dynamics
Corporation, Harris Corporation, L3 Technologies, Inc., Thales Group, Parnisari
Arms, Chemring Technology Solutions, and Elbit Systems Ltd.
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The global counter-IED market has been broadly segmented by
solution, deployment, and end user. Based on solution, the market has been
divided into detection [ads-above-surface detection system, mids-underground
mine and IED detection system, stand-off IED detector, and remote IED detection
equipment], and countermeasure [jammer and neutralization {NEID, and EOD}].
Based on deployment, the market has been segmented into vehicle mounted [manned
and unmanned], ship mounted, airborne mounted [aircraft, aerostat, and UAV],
and handheld. In terms of end user, the market has been bifurcated into
military and law enforcement. Based on deployment, the vehicle mounted segment holds
significant market share and is anticipated to expand at a rapid pace during
the forecast period.
Global Counter-IED Market: Segmentation
Counter-IED Market, by Solution
- Detection
- Ads-Above-Surface
Detection System
- Mids-Underground
Mine and IED Detection System
- Stand-Off
IED Detector
- Remote
IED Detection Equipment
- Countermeasure
- Jammers
- Neutralization
- NIED
- EOD
Counter-IED Market, by Deployment
- Vehicle
Mounted
- Manned
- Unmanned
- Ship
Mounted
- Airborne
Mounted
- Aircraft
- Aerostat
- UAV
- Handheld
Counter-IED Market, by End User
- Military
- Law
Enforcement
Counter-IED Market: Dynamics
The rise in use of IEDs to conduct terrorist and insurgency
activities across the globe is a matter of concern for military and security
forces of multiple countries, as it hinders the political, social, and economic
development of a country. Threat of IED attacks is a global issue, which
is compelling multiple government organizations to focus on the development of
technologically advanced IED detection systems such as vehicle mounted early
warning of indirect indicators of IEDs. This technology is based on remotely
operated unmanned ground vehicle (UGV) platforms with multi-camera head to
detect indicators of IED presence even if the vehicle is moving at a speed of
20-30km/h. The use of semi-autonomous robots for detection of mines and IEDs
plays an important role in IED detection systems. Thus, a rise in technological
advancements in IED detection systems is anticipated to have a positive impact
on the global counter-IED market during the forecast period.
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Research objectives:-
– To study and analyze the global Counter-IED consumption
(value & volume) by key regions/countries, product type and application,
history data.
– To understand the structure of the Counter-IED market by
identifying its various sub-segments.
– Focuses on the key global Counter-IED manufacturers, to
define, describe and analyze the sales volume, value, market share, market
competitive landscape, SWOT analysis, and development plans in the next few
years.
– To analyze the Counter-IED with respect to individual
growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors
influencing the growth of the market (growth potential, opportunities, drivers,
industry-specific challenges and risks).
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Research employs rigorous primary and secondary research techniques in
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