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Comprehensive Counter-IED Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Counter-IED Market
The augmentation of military expenditure is predicted to fuel the counter-IED market's expansion in the forthcoming period. This pertains to a nation's financial allocation for all military-related activities or resources. The military budget encompasses investment in armed services, including peacekeeping forces, and is comprised of both current and capital spending. Counter-IED equipment plays a crucial role in broader counterterrorism, counterinsurgency, or law enforcement endeavors to remotely detect explosives and components that could be used to make explosives, and to neutralize the actual improvised explosive device (IED). For example, data from the Stockholm International Peace Research Institute, an independent Sweden-based organization focused on international security, showed in April 2022, military spending across the globe continued its upward trend in 2021, with a real-term increase of 0.7% in 2021; the total global military expenditure reached $2,113 billion. Therefore, the escalation in military expenditure is a significant driver for growth in the counter-IED market.
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What is the projected compound annual growth rate (CAGR) of the counter-ied market from 2025 to 2034, and what factors influence it?
The size of the counter-IED market has seen a slight increase in the past few years. It is predicted to rise from $1.41 billion in 2024 to $1.43 billion in 2025, marking a compound annual growth rate (CAGR) of 1.4%. Factors contributing to this growth throughout the historical period include threats of global terrorism, military activities in areas of conflict, government measures and expenditures, the growing intricacy of IEDs, and collaborative efforts at an international level.
In the coming years, the counter-IED market size is projected to undergo consistent growth. By 2029, it is anticipated to achieve a value of $1.57 billion, growing at a compound annual growth rate (CAGR) of 2.4%. The anticipated growth over this forecast period is due to factors such as military modernization initiatives, challenges associated with urban warfare, the protection of vital infrastructure, and the implementation of unmanned systems. Within the forecast period, key trends comprise improved CBRNE detection abilities, worldwide cooperation in combating terrorism, focus on disrupting supply chains, the creation of lightweight and portable solutions, application of machine learning in threat analysis, and the coordination of multi-sensor fusion.
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What new trends are reshaping the counter-ied market and its opportunities?
Key players in the counter-IED market, such as C-Guard Microsystems, are concentrating their efforts on creating breakthrough solutions. The term "manpack counter-IED device" refers to a portable, wearable technology intended to combat Improvised Explosive Devices (IEDs). These contraptions are typically carried by military or security staff to discover, neutralize, or alleviate the dangers associated with IEDs. For example, in November 2023, Netline Communications Technologies Ltd., a company based in Israel that manufactures electronic countermeasures, unveiled their 'C-Guard Modular Manpack'. This Electronic Warfare (EW) system is designed to take on the challenges of both IEDs and enemy drones. Crafted with military and law enforcement use in mind, this compact, mobile Electronic Countermeasure (ECM) device provides extensive jamming features, making it versatile for varying situations, such as counterterrorism operations.
What are the major segments of the counter-ied market and their role in driving growth?
The counter-IED market covered in this report is segmented -
1) By Capability: Detection, Counter Measures
2) By Deployment Type: Vehicle Mounted IED Detection System, Ship Mounted IED Detection System, Aircraft Mounted IED Detection System, Handheld IED Detection System, Other Deployment Types
3) By Application: Military, Homeland Security
Subsegments:
1) By Detection: Ground-Based Detection Systems, Airborne Detection Systems, Handheld Detection Devices, Fixed Detection Systems
2) By Counter Measures: Jamming Systems, Disruption Systems, Neutralization Systems, Robotic Counter-LED Systems
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Which regions are key players in the growth of the counter-ied market?
North America was the largest region in the counter IED market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the counter-IED market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the counter-ied market?
Major companies operating in the counter-IED market include Raytheon Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, L3Harris Technologies Inc., Leonardo SpA, BAE Systems Land & Armaments Inc., Oshkosh Defense LLC, Rheinmetall AG, Elbit Systems Inc., Israel Aerospace Industries Ltd., Saab AB, Sierra Nevada Corporation, QinetiQ Group plc, Mobility Engineering Technology, Chemring Group plc, SRC Inc., Safariland LLC, Navistar Defense LLC, NIMR Automotive LLC, ECA Group, Revision Military Inc., Allen-Vanguard Corporation, Cobham plc, ArmorSource LLC, Point Blank Enterprises Inc., Netline Communication Technologies
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What Is Covered In The Counter-IED Global Market Report?
• Market Size Forecast: Examine the counter-ied market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the counter-ied market for a structured understanding.
• Key Players Overview: Analyze major players in the counter-ied market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the counter-ied market.
• Segment Contributions: Evaluate how different segments drive overall growth in the counter-ied market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the counter-ied market.
• Industry Challenges: Identify potential risks and obstacles affecting the counter-ied market.
• Competitive Landscape: Review strategic developments in the counter-ied market, including expansions, agreements, and new product launches.
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