Global Counter-IED Market to reach USD 2.3 billion by 2027.Global Counter-IED Market is valued approximately at USD 1.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 2.64% over the forecast period 2021-2027. The Counter IED System is a system that utilizes improvised devices to detect explosives and explosive components (IEDs). These devices are typically triggered by the operator from a safe distance, such as wristwatches and mobile phones. Educating homeland security personnel, developing new EOD devices, and other approaches are all being used by various countries to improve counter-IED capabilities. For instance, The Joint Improvised Explosive Device Defeat Organization (JIEDDO) of the United States is involved in advanced technology research and acquisition, as well as developing standards and doctrine and enhancing EOD and IED technical capabilities. As part of its ongoing priority, the US authorized a USD 1.7 billion deal with CACI International Inc to provide deployable analytical operations, intelligence, and training services to the Joint Improvised-Threat Defeat Organization in 2017. (JIDO). Furthermore, Technological Advancement in IED Detection Systems and Increasing Terrorist Activities Worldwide propel the market growth further. For instance, as per Statista, Italy experienced 24 terrorist attacks in 2020, the most of any European Union country. France had the second-highest number of terrorist attacks in 2020, with 15, followed by Spain with 9 attacks. However, Protectionist Policies leading to Limited Access to Counter-IED Technologies, may impede market growth over the forecast period of 2021-2027.

North America is the leading market share in the counter-IED industry, owing to the high demand for counter-IED equipment in the United States.. The US is educating its troops and law enforcement agencies about how to deal with IED threats, which is a fundamental component of military tactical training. The US also has soldiers stationed in other parts of the world, such as the Middle East and Africa, and Asia-Pacific, where IEDs present a greater threat to civilians as well as US military personnel.

Major market player included in this report are:
Harris Corporation
General Dynamics Corporation
Northrop Grumman Corporation
L3 Technologies, Inc.
Elbit Systems Ltd.
Lockheed Martin Corporation
Netline Communications Technologies
Sierra Nevada Corporation
Allen-Vanguard Corporation
Raytheon Company



The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Deployment:
Vehicle Mounted
Ship Mounted
Airborne Mounted
Handheld
Others
By Capability:
Detection
Countermeasures
Jammers
Neutralization
Neutralizing Improvised Explosive Devices (NIED)
Explosive Ordnance Disposal (EOD)
By End user:
Military
Homeland Security
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Counter-IED Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors