US EVERY YEAR FOR THEIR
HOME ❯ TOP MARKET REPORTS ❯ COUNTER-IED MARKET
Counter-IED Market by End User (Military, Homeland Security),
Deployment (Vehicle mounted, Ship mounted, Airborne mounted,
Handheld), Capability (Detection (ADS, MIDS), and Countermeasure
(Jammer, Neutralization)) and Region - Global Forecast to 2022
Updated As on- Nov 29, 2019
MarketsandMarkets forecasts the counter-IED market size to grow from USD 1.78 billion in 2017
to USD 2.03 billion by 2022, at a CAGR of 2.64% during the forecast period from 2017 to 2022. The
major factors that are expected to be driving the counter-IED market are the changing nature of
modern warfare, increasing incidences of terror attacks involving improvised explosive device (IED)
blasts across the globe, increasing demand for counter-IED equipment and devices from the
emerging economies as they have low budgets for carrying out R&D activities for the development
of new and advanced counter-IED technologies, and deployment of different types of advanced IED
detection and countermeasure equipment. The objectives of the report are to define, describe, and
forecast the counter-IED market size based on end user, deployment, capability, and region.
Counter IED Market, By end user, the military segment is expected to lead in 2017.
Among end users, the military segment is expected to lead the counter-IED market in 2017.
Militaries of different countries across the globe are widely engaged in dealing with insurgents,
terrorists, and other non-state actors, who use improvised explosive devices (IEDs) as a major tool
to inflict increased damages to public and private properties and cause casualties. As such,
different types of counter-IED equipment are used by militaries of different countries to counter
threats posed by these improvised explosive devices (IEDs).
By deployment, the airborne mounted segment of the counter-IED mark