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Global Counter-IED Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
The Counter-IED Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Counter-IED Market Size Expected to Be by 2034?
The Counter-IED Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Counter-IED Market Size Expected to Be by 2034?
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What Are the Emerging Segments Within the Counter-IED Market?
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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What Long-Term Drivers Are Shaping Counter-IED Market Trends?
The counter-IED market is predicted to grow significantly due to the rise in military expenses. This term refers to the amount a country invests in its military infrastructure and resources. This spending involves investments towards armed forces and peacekeeping troops, and comprises both current and long-term capital expenditures. Counter-IED equipment plays a crucial role in counterterrorism, counterinsurgency, or law enforcement operations to detect and destroy improvised explosive devices (IED) from a considerable distance. As an illustration, the Stockholm International Peace Research Institute, a Sweden-based independent global security resource, stated in April 2022 that the global military expenditure experienced growth in 2021, marking a 0.7% real-term increase to reach a total of $2,113 billion. Consequently, this growth in military spending is fueling the expansion of the counter-IED market.
Who Are the Top Competitors in Key Counter-IED Market Segments?
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
What Counter-IED Market Trends Are Gaining Traction Across Different Segments?
In the counter-IED market, leading corporations such as C-Guard Microsystems are dedicating efforts to create novel solutions. Manpack counter-IED mechanisms, which can be portable or worn, are crafted specifically for countering improvised explosive devices (IEDs). These systems are typically carried by personnel in the military or security sectors to identify, neutralize, or alleviate the hazards created by IEDs. For example, Netline Communications Technologies Ltd, an Israeli firm producing electronic countermeasures, released its 'C-Guard Modular Manpack' in November 2023. The Electronic Warfare (EW) system was developed to respond to both IEDs and hostile drones. This compact and portable electronic countermeasure (ECM) unit, tailored for military and law enforcement uses, provides extensive jamming capabilities, making it apt for a host of situations, such as anti-terrorism operations.
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Which Regions Are Becoming Hubs for Counter-IED Market Innovation?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Counter-IED Market?
2. What is the CAGR expected in the Counter-IED Market?
3. What Are the Key Innovations Transforming the Counter-IED Industry?
4. Which Region Is Leading the Counter-IED Market?
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