Counter IED Market was worth US$ 1.94 Bn. in 2022 and overall revenue is anticipated to rise at a rate of 2.5 % from 2022 to 2029, reaching almost US$ 2.30 Bn. by 2029.Counter IED Market Overview:
IEDs are a Capability of unconventional explosive devices that can be triggered in a number of ways and in any form. The rising incidences of asymmetric warfare and the snowballing incidences of terror attacks around the world are the primary reasons for the immediate need for effective countermeasures to this oncoming threat. Counter-IEDs, also known as C-IEDs, are used in this situation and are becoming a more important part of warfare and military operations.To know about the Research Methodology :- Request Free Sample Report
Counter IED Market Dynamics:
Various governments are focusing on improving counter-IED capabilities through training homeland security guards, creating new EOD solutions, and other methods. For example, the US Joint Improvised Explosive Device Defeat Organization (JIEDDO) is involved in advanced technology development and procurement, standards and doctrine development, and developing EOD and IED technological capabilities. In 2021, the US awarded CACI International Inc. a USD 1.7 billion contracts to provide transportable analytical operations, intelligence, and training services to the Joint Improvised-Threat Defeat Organization as part of ongoing priority (JIDO). Countries and alliances working on counter-IED have imposed a variety of restrictions on technological supply, sharing, selling, and propagation. Due to security concerns and geopolitical challenges, protectionist policies are used to limit access to advanced technology by other countries. These protectionist measures have hampered the growth of the counter-IED business by restricting access to counter-IED solutions. For example, one of the most important markets for counter-IED is the United States. Only NATO countries benefit from the United States' experience, solutions, training, and technologies. IEDs are being used by terrorists to target civilians and public assets, and limiting their use is a serious problem for homeland security forces and agencies. As a result, one of the most important end users of counter-IED is homeland security. IED explosions pose a major risk to countries like as India, the United Kingdom, France, Turkey, Iran, and others. These countries' homeland security agencies are gradually purchasing advanced IED detection and countermeasure technology. Similarly, the Joint Improvised-Threat Defeat Organization of the United States provides homeland security officers with training and help in the handling and purchase of counter-IEDs. Upgrading systems on a regular basis is a big problem for companies in the counter-IED market. To counter IEDs, continuous research and development, as well as investment in a variety of technologies, is required. The United States, for example, is constantly updating its MRAP vehicles with new software and improved counter-IED capabilities. This involves things like improving vehicle armor protection, adding new IED detecting technology, and supplying soldiers with IED protective equipment, among other things.Counter IED Market Segment Analysis:
Based on Capability, the market is segmented into Detection, Countermeasures, Jammers, Neutralizer. Detection segment was dominate the market, and it is expected to continue to be the most popular capability in the market over the forecast period. With devices including metal detectors, x-ray scanners, robotic systems, and counter-UAS, it is the market's main revenue generator. With jammers gaining popularity in the market, a countermeasure is likely to be the fastest-growing capability class. Based on Development, the market is segmented into Vehicle-mounted, Ship mounted, Airborne mounted, and Handheld. The Airborne mounted deployment segment is expected to grow at the fastest rate of xx% during the forecast period. The widespread usage of aerial platforms by the military from many countries to identify improvised explosive devices (IEDs) hidden underground is responsible for the market's growth. Different capabilities of sensors and payloads are added to these platforms to identify improvised explosive devices (IEDs) at various ranges. C-IEDs installed on vehicles can be employed for detection, destruction, and/or jamming purposes. They may include a number of subsystems that allow a single vehicle to do various tasks (detection and countermeasure). Vehicle-mounted C-IEDs are available from all of the key players. Based on the Application, the market is segmented into Military and Homeland security. The military is expected to lead the counter-IED market in 2021. Militaries from all over the globe are fighting insurgents, terrorists, and other non-state entities that employ improvised explosive devices (IEDs) as a primary weapon to cause increased damage to public and private property as well as casualties. As a result, militaries from many countries employ various forms of counter-IED weapons to combat the risks posed by these improvised explosive devices (IEDs). Homeland security, another market for C-IEDs, is expected to grow at CAGR of xx% over forecast period, thanks to increased budgets for homeland security from numerous governments, notably China.Counter IED Market Regional Insights:
North America was dominant segment in the market and it is expected to continue to be the leading market for C-IEDs over the forecast period. With significant military spending and a greater focus on the deployment of developing C-IED technologies, the United States is the market's growth engine. The US Army, Navy, and Marine Corps are the primary demand drivers for C-IED equipment, with many long-term contracts with important industry players in place. The rising use of improvised explosive devices (IEDs) in terror attacks and rising defense spending in Asia Pacific's emerging countries are likely to propel Asia Pacific counter-IED market forward during the forecast period. Modern ground penetrating radars, laser detectors, and high-resolution optical detection systems are being used in a number of Asia Pacific countries to replace traditional IED detection techniques. The objective of the report is to present a comprehensive analysis of the global Counter IED Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Counter IED Market dynamics, structure by analyzing the market segments and projects the global Counter IED Market size. Clear representation of competitive analysis of key players by Capability, price, financial position, Capability portfolio, growth strategies, and regional presence in the global Counter IED Market make the report investor’s guide.Counter IED Market Scope: Inquire before buying
Counter IED Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.94 Bn. Forecast Period 2023 to 2029 CAGR: 2.5% Market Size in 2029: US $ 2.30Bn. Segments Covered: by Capability Detection Countermeasures Jammers Neutralizer by Development Vehicle mounted Ship mounted Airborne mounted Handheld by Application Military Homeland security Counter IED Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Counter IED Market key Player:
1. Chemring Group PLC 2. L3Harris Technologies 3. Northrop Grumman Corporation 4. Elbit Systems, Ltd. 5. Lockheed Martin Corporation 6. Sierra Nevada Corporation 7. BAE Systems 8. Thales Group 9. QinetiQ 10.General Dynamics Corporation 11.Denel SOC Ltd. 12.Lockheed Martin Corporation 13.Raytheon Company 14.Allen-Vanguard 15.Parnisari Arms Frequently Asked Questions: 1) What was the market size of Global Counter IED Market markets in 2022? Ans - Global Counter IED market was worth US$ 1.94 Bn in 2022. 2) What is the market segment of Global Counter IED Market markets? Ans -The market segments are based on Capability, Development and Application. 3) What is forecast period consider for Global Counter IED Market markets market? Ans -The forecast period for Global Counter IED Market is 2023 to 2029. 4) Which are the worldwide major key players covered for Global Counter IED Market report? Ans - 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. 5) Which region is dominated in Global Counter IED Market? Ans -In 2022, North America region dominated the Global Counter IED Market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Counter IED Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Counter IED Market 3.4. Geographical Snapshot of the Counter IED Market , By Manufacturer share 4. Global Counter IED Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Capability of Buyers/Consumers 4.1.6.3. Bargaining Capability of Suppliers 4.1.6.4. Threat of Substitute Capability 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Counter IED Market 5. Supply Side and Demand Side Indicators 6. Global Counter IED Market Analysis and Forecast, 2022-2029 6.1. Global Counter IED Market Size & Y-o-Y Growth Analysis. 7. Global Counter IED Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 7.1.1. Detection 7.1.2. Countermeasures 7.1.3. Jammers 7.1.4. Neutralizer 7.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 7.2.1. Vehicle mounted 7.2.2. Ship mounted 7.2.3. Airborne mounted 7.2.4. Handheld 7.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.3.1. Military 7.3.2. Homeland security 8. Global Counter IED Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Counter IED Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 9.1.1. Detection 9.1.2. Countermeasures 9.1.3. Jammers 9.1.4. Neutralizer 9.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 9.2.1. Vehicle mounted 9.2.2. Ship mounted 9.2.3. Airborne mounted 9.2.4. Handheld 9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.3.1. Military 9.3.2. Homeland security 10. North America Counter IED Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Counter IED Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Counter IED Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Counter IED Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Counter IED Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Counter IED Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Counter IED Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Counter IED Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Counter IED Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Counter IED Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Counter IED Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Counter IED Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Counter IED Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Counter IED Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Counter IED Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Counter IED Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Counter IED Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Counter IED Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Counter IED Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Counter IED Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Counter IED Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Counter IED market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Counter IED market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Counter IED market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Counter IED Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Counter IED market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Counter IED market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Counter IED market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Counter IED market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Counter IED market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Counter IED market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Counter IED market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Counter IED market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Counter IED market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Counter IED market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Capability, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Development, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Counter IED Market. 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment 45.2.2. New Capability Launches and Capability Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Chemring Group PLC 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Capability Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Chemring Group PLC 45.3.3. L3Harris Technologies 45.3.4. Northrop Grumman Corporation 45.3.5. Elbit Systems, Ltd. 45.3.6. Lockheed Martin Corporation 45.3.7. Sierra Nevada Corporation 45.3.8. BAE Systems 45.3.9. Thales Group 45.3.10. QinetiQ 45.3.11. General Dynamics Corporation 45.3.12. Denel SOC Ltd 45.3.13. Lockheed Martin Corporation 45.3.14. Raytheon Company 45.3.15. Allen-Vanguard 45.3.16. Parnisari Arms 46. Primary Key Insights