PUBLISHER: IMARC | PRODUCT CODE: 1370335
PUBLISHER: IMARC | PRODUCT CODE: 1370335
Counter-IED Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global counter-IED market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.1% during 2023-2028.
Counter-improvised explosive devices (IEDs) refer to law enforcement and counterinsurgency equipment that are used for combatting threats from explosive devices. They are primarily used by military and homeland security organizations and are majorly deployed on vehicles, ships and aircraft. For instance, lightweight vehicles and battle tanks are equipped with electronic explosive detection devices, neutralizing improvised explosive devices (NIED) and jammers for tracking the location and preventing the underground explosives from blowing off. These devices are crucial for battlefield operations and disposing of IEDs for counterinsurgency, counterterrorism and law enforcement operations.
The alarmingly increasing rate of criminal activities represents one of the key factors driving the market growth. In line with this, the rising need for security solutions against terrorist groups is also contributing to the market growth. Counter-IED are used by both public and private organizations to safeguard their operations and prevent the incidence of terror attacks. Furthermore, the implementation of favorable government policies to minimize cross-border insurgencies and promote national security is also driving the market growth. Various developing nations are also building their unmanned vehicle-mounted systems for counter-IED operations. Additionally, technological advancements, such as the development of ground-penetrating radar (GPR), biological detection systems and nuclear, seismic and thermal detection sensors that are used for detecting IEDs and landmines, are acting as other major growth-inducing factors. Favorable government policies to improve the defense infrastructure, modernization of military systems and enhanced focus on research and development (R&D) are expected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global counter-IED market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on capability, deployment type and application.
Breakup by Capability:
Detection
Countermeasures
Breakup by Deployment Type:
Vehicle Mounted IED Detection System
Ship Mounted IED Detection System
Aircraft Mounted IED Detection System
Handheld IED Detection System
Others
Breakup by Application:
Military
Homeland Security
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Allen-Vanguard Corporation, BAE Systems Land & Armaments Inc., Chemring Group Plc, Elbit Systems Ltd., L3 Technologies Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies (United Technologies Corporation), Rheinmetall Aktiengesellschaft, Sierra Nevada Corporation and Thales Group.
Key Questions Answered in This Report:
- How has the global counter-IED market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global counter-IED market?
- What are the key regional markets?
- What is the breakup of the market based on the capability?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global counter-IED market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Counter-IED Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Capability
- 6.1 Detection
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Countermeasures
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Deployment Type
- 7.1 Vehicle Mounted IED Detection System
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Ship Mounted IED Detection System
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Aircraft Mounted IED Detection System
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Handheld IED Detection System
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Application
- 8.1 Military
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Homeland Security
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Allen-Vanguard Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 BAE Systems Land & Armaments Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Chemring Group PLC
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Elbit Systems Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 L3 Technologies Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 SWOT Analysis
- 14.3.6 Lockheed Martin Corporation
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Northrop Grumman Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Raytheon Technologies (United Technologies Corporation)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Rheinmetall Aktiengesellschaft
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Sierra Nevada Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Thales Group
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.1 Allen-Vanguard Corporation
List of Figures
- Figure 1: Global: Counter-IED Market: Major Drivers and Challenges
- Figure 2: Global: Counter-IED Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Counter-IED Market: Breakup by Capability (in %), 2022
- Figure 4: Global: Counter-IED Market: Breakup by Deployment Type (in %), 2022
- Figure 5: Global: Counter-IED Market: Breakup by Application (in %), 2022
- Figure 6: Global: Counter-IED Market: Breakup by Region (in %), 2022
- Figure 7: Global: Counter-IED Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Counter-IED (Detection) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Counter-IED (Detection) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Counter-IED (Countermeasures) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Counter-IED (Countermeasures) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Counter-IED (Vehicle Mounted IED Detection System) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Counter-IED (Vehicle Mounted IED Detection System) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Counter-IED (Ship Mounted IED Detection System) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Counter-IED (Ship Mounted IED Detection System) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Counter-IED (Aircraft Mounted IED Detection System) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Counter-IED (Aircraft Mounted IED Detection System) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Counter-IED (Handheld IED Detection System) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Counter-IED (Handheld IED Detection System) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Counter-IED (Other Deployment Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Counter-IED (Other Deployment Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Counter-IED (Military) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Counter-IED (Military) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Counter-IED (Homeland Security) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Counter-IED (Homeland Security) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: North America: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: North America: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: United States: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: United States: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Canada: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Canada: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Asia Pacific: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Asia Pacific: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: China: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: China: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Japan: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Japan: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: India: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: India: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: South Korea: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: South Korea: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Australia: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Australia: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Indonesia: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Indonesia: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Others: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Others: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Europe: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Europe: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Germany: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Germany: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: France: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: France: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: United Kingdom: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: United Kingdom: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Italy: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Italy: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Spain: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Spain: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Russia: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Russia: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Others: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Others: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Latin America: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Latin America: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Brazil: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Brazil: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Mexico: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Mexico: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Middle East and Africa: Counter-IED Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Middle East and Africa: Counter-IED Market: Breakup by Country (in %), 2022
- Figure 74: Middle East and Africa: Counter-IED Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Global: Counter-IED Industry: SWOT Analysis
- Figure 76: Global: Counter-IED Industry: Value Chain Analysis
- Figure 77: Global: Counter-IED Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Counter-IED Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Counter-IED Market Forecast: Breakup by Capability (in Million US$), 2023-2028
- Table 3: Global: Counter-IED Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
- Table 4: Global: Counter-IED Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Counter-IED Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Counter-IED Market Structure
- Table 7: Global: Counter-IED Market: Key Players
