Press release
Counter IED Market is projected to experience a steady growth rate of 2.5% from 2021 to 2029, ultimately reaching a market value of nearly USD 2.30 billion by 2029.
Counter IED Market
The global Counter IED Market presents significant growth potential, driven by the escalating incidences of asymmetric warfare and terror attacks worldwide. As a result, there is an urgent need for effective countermeasures against these threats. Counter-IEDs, also known as C-IEDs, have become a vital component in warfare and military operations. This report provides comprehensive insights into the Counter IED Market, including its market dynamics, segment analysis, regional perspectives, and research methodology.
The report utilizes a rigorous research methodology to provide accurate and reliable information. Extensive primary and secondary research has been conducted, involving interviews with industry experts, surveys, and analysis of reputable sources. The data gathered has been thoroughly analyzed to offer valuable insights into the Counter IED Market.
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What are Counter IED Market Dynamics?
Governments worldwide are actively focusing on enhancing their counter-IED capabilities through measures such as training homeland security personnel and developing new explosive ordnance disposal (EOD) solutions. For instance, the US Joint Improvised Explosive Device Defeat Organization (JIEDDO) is involved in advanced technology development, procurement, and standards and doctrine development to strengthen EOD and IED technological capabilities. Notably, in 2021, CACI International Inc. was awarded a USD 1.7 billion contract to provide transportable analytical operations, intelligence, and training services to the Joint Improvised-Threat Defeat Organization.
Countries and alliances working on counter-IED initiatives have imposed restrictions on technological supply, sharing, selling, and propagation, citing security concerns and geopolitical challenges. Protectionist policies limit access to advanced technology by other nations, thereby hindering the growth of the counter-IED business. The United States, a key market for counter-IED, primarily shares its experience, solutions, training, and technologies with NATO countries.
What are Counter IED Market regional insights:
North America currently dominates the Counter IED Market, driven by substantial military spending and a strong focus on deploying cutting-edge C-IED technologies. The United States, with its armed forces (Army, Navy, and Marine Corps), serves as a major demand driver for C-IED equipment, engaging in long-term contracts with key industry players.
Asia Pacific is expected to experience significant growth in the Counter IED Market due to the rising use of improvised explosive devices (IEDs) in terror attacks and increased defense spending in emerging countries within the region. Countries in Asia Pacific are adopting modern IED detection techniques, such as ground penetrating radars, laser detectors, and high-resolution optical detection systems.
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What is Counter IED Market Segmentation?
by Capability
• Detection
• Countermeasures
• Jammers
• Neutralizer
by Development
• Vehicle mounted
• Ship mounted
• Airborne mounted
• Handheld
by Application
• Military
• Homeland security
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Who are Counter IED Market Key Players?
• Chemring Group PLC
• L3Harris Technologies
• Northrop Grumman Corporation
• Elbit Systems, Ltd.
• Lockheed Martin Corporation
• Sierra Nevada Corporation
• BAE Systems
• Thales Group
• QinetiQ
• General Dynamics Corporation
• Denel SOC Ltd.
• Lockheed Martin Corporation
• Raytheon Company
• Allen-Vanguard
• Parnisari Arms
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Table of content for the Counter IED Market includes:
1. Global Counter IED Market: Research Methodology
2. Global Counter IED Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Counter IED Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Counter IED Market Segmentation
• Global Market, by Capability (2021-2029)
• Global Market, by Development (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Counter IED Market (2021-2029)
• Regional Market, by Capability (2021-2029)
• Regional Market, by Development (2021-2029)
• Regional Market, by Application (2021-2029)
•
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/global-counter-ied-market/116339/
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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