Counter-IED Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more.

Counter-IED Market is likely to witness an impressive CAGR of 4.2% during the forecast period. Rising occurrences of asymmetric warfare and snowballing incidences of terror attacks across the globe are the factors driving the growth of the global counter-IED market during the forecast period.

 

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Counter-IED Market Segment Insights:

 

By End-User Type:

The military segment dominated the market in 2018, and is expected to maintain its dominance during the forecast period. Militaries of various countries are the foremost end-users of different types of counter-IED equipment and devices as they incessantly face the intimidations of improvised explosive device (IED) blasts during their convoy movements and cross-country operations. 

By Deployment Type:

The vehicle mounted deployment segment has been further segmented into armored vehicles and unmanned ground vehicles (UGVs). The ship mounted deployment segment has been classified into naval vessels and unmanned maritime vehicles (UMVs). The airborne mounted deployment segment of the market has been further categorized into aircraft platforms, aerostats, and unmanned aerial vehicles (UAVs). Unmanned aerial vehicles (UAVs) are majorly being deployed by the militaries of various countries for carrying out surveillance of improvised explosive devices (IEDs) even during the night.

By Capability Type:

The detection capability segment has been further segmented into ADS-above-surface detection system, MIDS-underground mine and IED Detection system, stand-off IED detectors, and remote IED inspection equipment. The countermeasures capability segment has been categorized into jammers and neutralization. Remote controlled improvised explosive device (RCIED) jammers are the unsurpassed possible deterrent against remote-controlled improvised explosive devices.

By Region:

North American region is estimated to remain dominant in the counter-IED market during the forecast period. One of the prime influencers contributing to the growth of the market is the continuous demand for counter-IED equipment and devices from the US military to challenge conflicts in the Middle East and the Asia-Pacific regions. India and China are the key growth engines of the Asia-Pacific region, portraying increased investments in the development of counter-IED equipment and devices and related technologies, during the forecast period. Europe is also expected to offer sizeable growth opportunities in the coming five years.

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Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

Based on the research, a proper report is crafted with the following key features:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors 

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