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 market is estimated to grow at the highest CAGR during the forecast period

The airborne mounted deployment segment of the counter-IED market is estimated to grow at the highest CAGR during the forecast period. The growth of this segment of the market can be attributed to extensive use of airborne platforms by militaries of different countries to detect improvised explosive devices (IEDs) planted underground. These platforms are added with different types of sensors and payloads to detect improvised explosive devices (IEDs) at varied ranges

Counter IED Market, By Region, the Asia Pacific region is projected to grow at the highest CAGR during the forecast period

Among the regions, Asia Pacific�s counter-IED market is projected to grow at the highest CAGR during the forecast period, followed by the Middle East & Africa counter-IED market. The growing use of improvised explosive devices (IEDs) in terror attacks and increasing defense spending in the emerging countries of the Asia Pacific region are the factors expected to drive the growth of the Asia Pacific counter-IED market during the forecast period. A number of countries of the Asia Pacific region are replacing conventional IED detection techniques with modern ground penetrating radars, laser detectors, and high-resolution optical detection systems.

Market Dynamic : Counter IED Market

Driver: Increasing Focus on Counter IED Developments

Governments of various countries are prioritizing on enhancing counter-IED capabilities by training homeland security personnel, developing new solutions for EOD operations, and others. For instance, the US Joint Improvised Explosive Device Defeat Organization (JIEDDO) is involved in the development and procurement of advanced technologies, standardization and doctrine development and developing capabilities for EOD and IED technology. As a part of ongoing prioritization, in 2017, U.S. awarded a contract worth USD 1.7 billion to CACI International Inc to provide deployable analytical operations, intelligence, and training services to Joint Improvised-Threat Defeat Organization (JIDO).

Restraint: Protectionist policies leading to limited access to counter-IED technologies

Countries and consortiums that are developing counter-IED have placed various restrictions on the supply, sharing, selling, and proliferation of technologies. Protectionist policies are employed to limit the access of advance technology to other nations due to security concerns and geopolitical issues. These protectionist policies have led to limited access to counter-IED solutions and are a hurdle in the growth of the counter-IED market. For instance, the US is one of the leading markets for counter-IED. The US is sharing its expertise, solutions, training, and technologies with only NATO countries.

Opportunity: Increasing demand from homeland security agencies

Terrorists are targeting civilians and public assets using IEDs and restricting them is a major challenge for homeland security forces and agencies. Hence, homeland security is one of the major end users of counter-IED. Countries such as India, U.K., France, Turkey, Iran, and others are facing immense threat from IED blast. Homeland security agencies of these countries are increasingly procuring advance IED detection and countermeasure equipment�s. Similarly, U.S. Joint Improvised-Threat Defeat Organization trains homeland security personnel�s and assist them in handling and procurement of counter-IED. The demand for IED from the homeland security segment is increasing and is especially from terrorism affected countries, such as India, Israel and others. For instance, India is continuously investing in counter-IED technologies and procuring MRAP vehicles with counter-IED capabilities for its state forces who are dealing with IED attacks in terrorist affected regions.

Challenge: Developing robust IED countermeasures

Constant up gradation of systems is a major challenge for the companies involved in the counter-IED market. Continuous research & development and investment in diverse technologies are required to counter IEDs. For instance, U.S. in its MRAP program is continuously upgrading its vehicles with updated software and advanced counter-IED solutions. This also includes, enhancing armour protection of vehicles, adding new IED detection technologies, equipping soldiers with IED protection gears and others. Companies such as Chemring Group (U.K.), Israel Aerospace Industries (Israel) and others are involved in development of IED detection and countermeasure technologies due to continuous evolvement of IEDs.

Scope of the report

Report Metric Details Base year considered 2016 Forecast period 2017-2022 Forecast units Value (USD) Segments covered By End user, Deployment, Capability, and Region Geographies covered North America, Asia Pacific, Europe, Middle East & Africa, Rest of the World Companies covered Lockheed Martin Corporation (US), Raytheon Company (US), Northrop Grumman Corporation (US), Thales Group (France), General Dynamics Corporation (US), Elbit Systems Ltd (Israel), Harris Corporation (US), Chemring Group (UK), L3 Technologies Inc. (US), Allen-Vanguard Corporation (Canada), Netline Communications Technologies (Israel), Sierra Nevada Corporation (US), SRC, Inc (US).

The research report categorizes the counter-IED market to forecast the revenues and analyze the trends in each of the following sub-segments:

Counter-IED Market, by End User

Military

Homeland Security

Counter-IED Market, by Deployment

Vehicle Mounted Armored Vehicles Non-combatant Vehicles Unmanned Ground Vehicles (UGVs)

Ship Mounted Naval Vessels Unmanned Maritime Vehicles (UMVs)

Airborne Mounted Aircraft Platforms Aerostats Unmanned Aerial Vehicles (UAVs)

Handheld

Others

Counter-IED Market, by Capability

Detection ADS-Above-surface Detection System MIDS-underground Mine and IED Detection System Stand-off IED Detectors Remote IED Inspection Equipment

Countermeasures

Jammers

Neutralization

Neutralizing Improvised Explosive Devices (NIED)

Explosive Ordnance Disposal (EOD)

Counter-IED Market, by Region

North America US Canada

Europe Russia France Germany UK Rest of Europe

Asia Pacific China India Japan Australia Rest of Asia Pacific

Middle East & Africa Saudi Arabia Turkey Israel Rest of Middle East

Rest of the World

Key Market Players

Lockheed Martin Corporation (US) is one of the leading players in the counter-IED market. In the counter-IED market, the company is known for its jammer, namely, Symphony Block 40 and its other variants. Lockheed Martin offers products and services that cater to the defense, civil, and commercial applications. In 2016, Lockheed Martin received a contract from the US partner nations to provide Symphony Block 40 to them.

Recent Developments

In 2016, Lockheed Martin Corporation received a contract from the US partner nations to provide Symphony Block 40 to them.

In 2015, Allen-Vanguard received a contract from NATO for its urbanization project.

In 2013, Allen-Vanguard received a contract from NSWC-Indian Head to develop and deliver Explosive Ordnance Disposal/ Improvised Explosive Device Defeat and provide diving and instructor training to the Azerbaijan Navy EOD Unit (AZE Unit).

In 2013, Netline Communications Technologies received a contract from NATO to supply C-Guard reactive IED jammers and Hawk AI mobile phone interception systems to armies of NATO.

Critical questions the report answers: