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    Counter-IED Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Counter-IED Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis

    Counter-IED Market - Size, Share, Trend & Forecast Analysis | Covid-19 Impact Analysis
    Report code - SRAD269 Delivery - 2 Weeks
    Counter-IED Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Counter Ied Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Counter Ied Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Counter-IED Market Insights 

    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.

    Counter-IED Market - Snapshot

    Growth

    4.2% for the next five years

    Major End-User Type

    Military

    Major Deployment Type

    Vehicle mounted deployment

    Dominant Capability Type

    Detection capability

    Region with the highest demand

    North America

    Key Players

    Allen-Vanguard Corporation, Chemring Group, Elbit Systems Ltd., General Dynamics Corporation, Harris Corporation, L3 Technologies, Inc., Lockheed Martin Corporation, Netline Communications Technologies, Northrop Grumman Corporation, and Sierra Nevada Corporation.     

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    Market Share Analysis

    Counter-IED Market Share: By End-User Type

    Based on the end-user type, the market is segmented as military and homeland security. 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.  

    Counter-IED Market Share: By Deployment Type

    Based on the deployment type, the market is segmented as vehicle mounted, ship mounted, airborne mounted, handheld, and others. 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.

    Counter-IED Market Share: By Capability Type

    Based on the capability type, the market is segmented as detection and countermeasure. 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.

    Counter-IED Market Share: By Region

    In terms of regions, the 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.

    Counter-IED Market: Key Players

    Some of the major players in the counter-IED market are Allen-Vanguard Corporation, Chemring Group, Elbit Systems Ltd., General Dynamics Corporation, Harris Corporation, L3 Technologies, Inc., Lockheed Martin Corporation, Netline Communications Technologies, Northrop Grumman Corporation, and Sierra Nevada Corporation.         

     

    Market Scope & segmentation

    Counter-IED is a part of the law enforcement or counter-insurgency effort. It mainly includes the approach to combatting a threat from explosive devices.

    Counter-IED is used by military or homeland security. They can be used as vehicle-mounted, ship-mounted, airborne mounted, handheld, or others.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Counter-IED Market for Composites Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The counter-IED market is segmented into the following categories. 

    Counter-IED Market Size, Share, & Forecast, by End-User Type:

    • Military (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Homeland Security (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Counter-IED Market Size, Share, & Forecast, by Deployment Type:

    • Vehicle Mounted
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Deployment Type Analysis: Armored Vehicles and Unmanned Ground Vehicles)
    • Ship Mounted
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Deployment Type Analysis: Naval Vessels and Unmanned Maritime Vehicles (UMV))
    • Airborne Mounted
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Deployment Type Analysis: Aircraft, Aerostat, and Unmanned Aerial Vehicle (UAV))
    • Handheld (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Counter-IED Market Size, Share, & Forecast, by Capability Type:

    • Detection
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Capability Type Analysis:  Ads-Above-Surface Detection System, Mids-Underground Mine and IED Detection System, Stand-Off IED Detector, and Remote IED Detection Equipment)
    • Countermeasure
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Capability Type Analysis: Jammers and Neutralization)

    Counter-IED Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    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. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • 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

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the deployment types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Counter-IED?

    Counter-IED is a part of the law enforcement or counter-insurgency effort. It mainly includes the approach to combatting a threat from explosive devices. Counter-IED is used by military or homeland security. They can be used as vehicle-mounted, ship-mounted, airborne mounted, handheld, or others.

    What will be the CAGR of the Counter-IED Market?

    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.

    Which country/region is expected to remain the largest Counter-IED Market?

    In terms of regions, the North American region is estimated to remain dominant in the counter-IED market during the forecast period.

    Who are the key players in the Counter-IED Market?

    Some of the major players in the counter-IED market are Allen-Vanguard Corporation, Chemring Group, Elbit Systems Ltd., General Dynamics Corporation, Harris Corporation, L3 Technologies, Inc., Lockheed Martin Corporation, Netline Communications Technologies, Northrop Grumman Corporation, and Sierra Nevada Corporation.

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