Counter IED Market was worth US$ 1.89 Bn. in 2021 and overall revenue is anticipated to rise at a rate of 2.5 % from 2021 to 2029, reaching almost US$ 2.30 Bn. by 2029.
Counter IED Market Overview
Global Counter IED Market Report 2020-2029 (forecast period) examines market growth drivers, regional level analysis, Counter IED market distributors and competitive landscape analysis of key players Of the industry. Each sector of the global Counter IED market is examined in detail in the research report. The segment market study reveals significant opportunities in the Counter IED leading global segment of the industry. The Global Counter IED Market study helps the to gain a comprehensive understanding of the recent and future developments in various geographical markets. The report also includes a comprehensive analysis of the global Counter IED market and key dynamics, including market impact and effect variables, as well as drivers, threats, restraints, trends and prospects for growth. Apart from, the Counter IED Market report also covers other types of analysis such as qualitative and quantitative analysis.
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Counter IED market scope
The main objective of the report is to provide detail analysis of Counter IED Market definition, segmentation, potential, competitive environment, important trends, and issues occurring while dealing with the industry's key regions and major nations. Bottom-up approach was used to estimate the Counter IED Market size and volume. A thorough analysis of Counter IED market drivers, obstacles, key restrictions, and potential is studied.
The report includes a SWOT and PESTEL analysis of the Counter IED market. SWOT analysis helps to find out strengths and weaknesses of the Counter IED Market. Also, the report evaluates the market segments based on market volume, market size, market volume, and investment potential, and incremental revenue of the Counter IED market. Primary and secondary research was conducted in the Counter IED market research. Primary research includes interviews with industry experts and Counter IED Market surveys at the same time secondary research includes verification of documents and white papers. Counter IED Market revenue was calculated through primary and secondary research methods.
Segmentation :
The market is divided into Detection, Countermeasures, Jammers, and Neutralizers based on capability. The market was dominated by the detection sector, and it is anticipated that this trend would continue during the projection period. It is the primary source of revenue for the market, with products like metal detectors, x-ray scanners, robotic systems, and counter-UAS. The market for jammers is rising, thus a countermeasure is probably the capability class that is developing the fastest.
The market is divided into Vehicle-mounted, Ship-mounted, Airborne-mounted, and Handheld segments based on development. Throughout the projection period, the Airborne mounted deployment segment is anticipated to develop at the fastest pace of xx%. the military of several nations' frequent use of airborne platforms to locate hidden improvised explosive devices (IEDs)
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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
Regional Analysis
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Counter IED market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Key Questions answered in the Counter IED Market Report are:
- What is Counter IED?
- What was the Counter IEDmarket size in 2021?
- What is the expected Counter IEDmarket size by 2029?
- What is the growth rate of the Counter IEDMarket?
- Which are the factors expected to drive the Counter IEDmarket growth?
- Which segment dominated the Counter IEDmarket growth?
- What is the demand pattern for the Counter IEDmarket?
- Which region held the largest share in the Counter IEDmarket?
- Who are the key players in the Counter IEDmarket?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Counter IED#
- Landscape- Leading key players and other prominent key players.
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