Counter-IED Market Analysis

The global C-IED market is likely to reach a value of US$ 1,406.7 million in 2025, experiencing a healthy CAGR of 1.7% during 2020-2025.  The C-IED market is extremely ambivalent, dependent on several unpredictable factors such as budgets, conflicts, country-specific war tactics, and the overall need of the hour. Prevalent tensions among powerful countries may create a sudden spike in demand, turning the entire tables. Also, the whirlwind of evolvement in IEDs presents huge opportunities for the market stakeholders to develop advanced and more efficient counter-IED equipment in order to satiate the market needs.