Counter-IED Market to offer a healthy CAGR of 4.2% during 2020-25
February 11, 2020
Counter-IED Market Overview:
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.
Report Overview:
This new report from Stratview Research analyses the Counter-IED Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/717/counter-ied-market.html
Counter-IED Market Segment Insights:
Dominance Of: Military
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.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/717/counter-ied-market.html
Segmentation:
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.
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.
A highly/moderately/fragment consolidated 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.
Regional Hegemony of North America
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.
Click here for other high value market reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176