The counter-IED market size has grown marginally in recent years. It will grow from $1.42 billion in 2023 to $1.45 billion in 2024 at a compound annual growth rate (CAGR) of 1.7%. The growth in the historic period can be traced back to various factors such as heightened global terrorism threats, military engagements in conflict zones, substantial government investments and initiatives, the advancing sophistication of IEDs, and increased international cooperation in addressing these threats.
The counter-IED market size is expected to see steady growth in the next few years. It will grow to $1.57 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The anticipated growth in the forecast period is likely due to ongoing military modernization initiatives, addressing challenges in urban warfare scenarios, intensifying efforts in safeguarding critical infrastructure, and increased reliance on unmanned systems. Significant trends expected during this period encompass improved capabilities in detecting chemical, biological, radiological, nuclear, and explosive threats, global collaborative efforts in counter-terrorism strategies, focus on disrupting supply chains related to IEDs, advancements in lightweight and portable solutions, leveraging machine learning for threat analysis, and the integration of multi-sensor fusion technologies.
The growth of the counter-IED market is anticipated to be propelled by the increase in military spending. Military spending, encompassing current and capital investments in armed forces, experienced a 0.7% real-term increase in 2021, reaching $2,113 billion globally, according to the Stockholm International Peace Research Institute's report in April 2022. This surge in military spending signifies a growing investment in military measures and resources, driving the demand for counter-IED equipment as part of broader counterterrorism, counterinsurgency, or law enforcement efforts.
The counter-IED market is expected to witness growth due to the rising threats of terrorism. Terrorism threats, emanating from individuals, groups, or organizations, prompt the deployment of counter-IED measures by military, law enforcement, and security agencies. The U.S. Government Accountability Office reported in March 2023 that the count of individuals charged as federal defendants in cases related to domestic terrorism increased to around 449 in 2021, signifying a significant rise from the 175 cases recorded in 2020. This surge in terrorism threats underscores the importance of counter-IED efforts to prevent and respond to potential attacks involving improvised explosive devices.
The counter-IED market is anticipated to experience growth driven by the increasing utilization of unmanned systems. Unmanned systems, which operate without human onboard, contribute significantly to countering Improvised Explosive Devices (IEDs) by providing enhanced capabilities in detection, reconnaissance, and neutralization. The Institute for Economics & Peace reported a notable 40.8% increase in drone attacks in 2022, coupled with a 24% rise in the diversity of groups employing drones, emphasizing the growing role of unmanned systems in addressing the threat of IEDs.
Major players in the counter-IED market are directing their efforts toward the development of innovative solutions, exemplified by offerings such as C-Guard Microsystems. The introduction of manpack counter-IED devices, portable or wearable systems designed for countering IEDs, is a notable trend in this market. In November 2023, Netline Communications Technologies Ltd, an Israel-based electronic countermeasures manufacturing company, announced the launch of 'C-Guard Modular Manpack.' This Electronic Warfare (EW) system is tailored to address challenges posed by IEDs and adversarial drones, featuring comprehensive jamming capabilities in a compact and portable design suitable for military and law enforcement applications.
Major companies are forging partnerships to develop new products and enhance their market positions. Strategic partnerships involve the collaboration of companies to leverage each other’s strengths and resources, fostering mutual benefits and success. A notable example occurred in February 2022 when DroneShield, an Australia-based Counterdrone Defense solutions provider, partnered with Allen-Vanguard, a Canada-based provider of Counter Improvised Explosive Devices (C-IED) solutions. This collaboration aimed to deliver a complete offering of Counter-Unmanned Aircraft Systems (C-UAS) and C-IED solutions, utilizing integrated technical solutions and commercial distribution strategies. The partnership enhances the ability of both companies to present a more comprehensive package to their current customers and explore collaborative opportunities in marketing channels.
Major companies operating in the counter-IED market report are Raytheon Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, L3Harris Technologies Inc., Leonardo SpA, BAE Systems Land & Armaments Inc., Oshkosh Defense LLC, Rheinmetall AG, Elbit Systems Inc., Israel Aerospace Industries Ltd., Saab AB, Sierra Nevada Corporation, QinetiQ Group plc, Mobility Engineering Technology, Chemring Group plc, SRC Inc., Safariland LLC, Navistar Defense LLC, NIMR Automotive LLC, ECA Group, Revision Military Inc., Allen-Vanguard Corporation, Cobham plc, ArmorSource LLC, Point Blank Enterprises Inc., Netline Communication Technologies.
North America was the largest region in the counter IED market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the counter-ied market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the counter-ied market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary capabilities of counter-IED systems encompass detection and countermeasures. Detection involves the process of identifying the presence or absence of potential threats. These capabilities are deployed through various means, including vehicle-mounted, ship-mounted, and aircraft-mounted systems, along with handheld devices. They serve multiple applications in military and homeland security, aiming to identify and neutralize potential risks from IEDs.
The counter-IED market research report is one of a series of new reports that provides counter-IED market statistics, including counter-IED industry global market size, regional shares, competitors with a counter-IED market share, detailed counter-IED market segments, market trends and opportunities, and any further data you may need to thrive in the counter-IED industry. This counter-IED market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The counter-IED market consists of sales of jammers, counter UAS RF Shield, and remotely-operated towed vehicles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The counter-IED market size is expected to see steady growth in the next few years. It will grow to $1.57 billion in 2028 at a compound annual growth rate (CAGR) of 2.1%. The anticipated growth in the forecast period is likely due to ongoing military modernization initiatives, addressing challenges in urban warfare scenarios, intensifying efforts in safeguarding critical infrastructure, and increased reliance on unmanned systems. Significant trends expected during this period encompass improved capabilities in detecting chemical, biological, radiological, nuclear, and explosive threats, global collaborative efforts in counter-terrorism strategies, focus on disrupting supply chains related to IEDs, advancements in lightweight and portable solutions, leveraging machine learning for threat analysis, and the integration of multi-sensor fusion technologies.
The growth of the counter-IED market is anticipated to be propelled by the increase in military spending. Military spending, encompassing current and capital investments in armed forces, experienced a 0.7% real-term increase in 2021, reaching $2,113 billion globally, according to the Stockholm International Peace Research Institute's report in April 2022. This surge in military spending signifies a growing investment in military measures and resources, driving the demand for counter-IED equipment as part of broader counterterrorism, counterinsurgency, or law enforcement efforts.
The counter-IED market is expected to witness growth due to the rising threats of terrorism. Terrorism threats, emanating from individuals, groups, or organizations, prompt the deployment of counter-IED measures by military, law enforcement, and security agencies. The U.S. Government Accountability Office reported in March 2023 that the count of individuals charged as federal defendants in cases related to domestic terrorism increased to around 449 in 2021, signifying a significant rise from the 175 cases recorded in 2020. This surge in terrorism threats underscores the importance of counter-IED efforts to prevent and respond to potential attacks involving improvised explosive devices.
The counter-IED market is anticipated to experience growth driven by the increasing utilization of unmanned systems. Unmanned systems, which operate without human onboard, contribute significantly to countering Improvised Explosive Devices (IEDs) by providing enhanced capabilities in detection, reconnaissance, and neutralization. The Institute for Economics & Peace reported a notable 40.8% increase in drone attacks in 2022, coupled with a 24% rise in the diversity of groups employing drones, emphasizing the growing role of unmanned systems in addressing the threat of IEDs.
Major players in the counter-IED market are directing their efforts toward the development of innovative solutions, exemplified by offerings such as C-Guard Microsystems. The introduction of manpack counter-IED devices, portable or wearable systems designed for countering IEDs, is a notable trend in this market. In November 2023, Netline Communications Technologies Ltd, an Israel-based electronic countermeasures manufacturing company, announced the launch of 'C-Guard Modular Manpack.' This Electronic Warfare (EW) system is tailored to address challenges posed by IEDs and adversarial drones, featuring comprehensive jamming capabilities in a compact and portable design suitable for military and law enforcement applications.
Major companies are forging partnerships to develop new products and enhance their market positions. Strategic partnerships involve the collaboration of companies to leverage each other’s strengths and resources, fostering mutual benefits and success. A notable example occurred in February 2022 when DroneShield, an Australia-based Counterdrone Defense solutions provider, partnered with Allen-Vanguard, a Canada-based provider of Counter Improvised Explosive Devices (C-IED) solutions. This collaboration aimed to deliver a complete offering of Counter-Unmanned Aircraft Systems (C-UAS) and C-IED solutions, utilizing integrated technical solutions and commercial distribution strategies. The partnership enhances the ability of both companies to present a more comprehensive package to their current customers and explore collaborative opportunities in marketing channels.
Major companies operating in the counter-IED market report are Raytheon Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Thales Group, L3Harris Technologies Inc., Leonardo SpA, BAE Systems Land & Armaments Inc., Oshkosh Defense LLC, Rheinmetall AG, Elbit Systems Inc., Israel Aerospace Industries Ltd., Saab AB, Sierra Nevada Corporation, QinetiQ Group plc, Mobility Engineering Technology, Chemring Group plc, SRC Inc., Safariland LLC, Navistar Defense LLC, NIMR Automotive LLC, ECA Group, Revision Military Inc., Allen-Vanguard Corporation, Cobham plc, ArmorSource LLC, Point Blank Enterprises Inc., Netline Communication Technologies.
North America was the largest region in the counter IED market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the counter-ied market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the counter-ied market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary capabilities of counter-IED systems encompass detection and countermeasures. Detection involves the process of identifying the presence or absence of potential threats. These capabilities are deployed through various means, including vehicle-mounted, ship-mounted, and aircraft-mounted systems, along with handheld devices. They serve multiple applications in military and homeland security, aiming to identify and neutralize potential risks from IEDs.
The counter-IED market research report is one of a series of new reports that provides counter-IED market statistics, including counter-IED industry global market size, regional shares, competitors with a counter-IED market share, detailed counter-IED market segments, market trends and opportunities, and any further data you may need to thrive in the counter-IED industry. This counter-IED market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The counter-IED market consists of sales of jammers, counter UAS RF Shield, and remotely-operated towed vehicles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Counter-IED Market Characteristics3. Counter-IED Market Trends and Strategies32. Global Counter-IED Market Competitive Benchmarking33. Global Counter-IED Market Competitive Dashboard34. Key Mergers and Acquisitions in the Counter-IED Market
4. Counter-IED Market - Macro Economic Scenario
5. Global Counter-IED Market Size and Growth
6. Counter-IED Market Segmentation
7. Counter-IED Market Regional and Country Analysis
8. Asia-Pacific Counter-IED Market
9. China Counter-IED Market
10. India Counter-IED Market
11. Japan Counter-IED Market
12. Australia Counter-IED Market
13. Indonesia Counter-IED Market
14. South Korea Counter-IED Market
15. Western Europe Counter-IED Market
16. UK Counter-IED Market
17. Germany Counter-IED Market
18. France Counter-IED Market
19. Italy Counter-IED Market
20. Spain Counter-IED Market
21. Eastern Europe Counter-IED Market
22. Russia Counter-IED Market
23. North America Counter-IED Market
24. USA Counter-IED Market
25. Canada Counter-IED Market
26. South America Counter-IED Market
27. Brazil Counter-IED Market
28. Middle East Counter-IED Market
29. Africa Counter-IED Market
30. Counter-IED Market Competitive Landscape and Company Profiles
31. Counter-IED Market Other Major and Innovative Companies
35. Counter-IED Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Counter-IED Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on counter-ied market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for counter-ied? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Capability: Detection; Counter Measures
2) By Deployment Type: Vehicle Mounted IED Detection System; Ship Mounted IED Detection System; Aircraft Mounted IED Detection System; Handheld IED Detection System; Other Deployment Types
3) By Application: Military; Homeland Security
Key Companies Mentioned: Raytheon Company; Lockheed Martin Corporation; General Dynamics Corporation; Northrop Grumman Corporation; Thales Group
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Raytheon Company
- Lockheed Martin Corporation
- General Dynamics Corporation
- Northrop Grumman Corporation
- Thales Group
- L3Harris Technologies Inc.
- Leonardo SpA
- BAE Systems Land & Armaments Inc.
- Oshkosh Defense LLC
- Rheinmetall AG
- Elbit Systems Inc.
- Israel Aerospace Industries Ltd.
- Saab AB
- Sierra Nevada Corporation
- QinetiQ Group plc
- Mobility Engineering Technology
- Chemring Group plc
- SRC Inc.
- Safariland LLC
- Navistar Defense LLC
- NIMR Automotive LLC
- ECA Group
- Revision Military Inc.
- Allen-Vanguard Corporation
- Cobham plc
- ArmorSource LLC
- Point Blank Enterprises Inc.
- Netline Communication Technologies.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.45 Billion |
Forecasted Market Value ( USD | $ 1.57 Billion |
Compound Annual Growth Rate | 2.1% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |