Maximize Market Research's latest report, " Global Counter IED Market Global Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Counter IED Market was worth US $ 1.8 Bn. in 2019 and overall revenue is anticipated to rise at a rate of 2.5% from 2021 to 2027, reaching almost US $ 2.3 Bn. by 2027.
Global Counter IED Market Overview
IEDs are a capability of unconventional explosive devices that can be triggered in a number of ways and in any form. The rising incidences of asymmetric warfare and the snowballing incidences of terror attacks around the world are the primary reasons for the immediate need for effective countermeasures to this oncoming threat. Counter-IEDs, also known as C-IEDs, are used in this situation and are becoming a more important part of warfare and military operations.
Various governments are focusing on improving counter-IED capabilities through training homeland security guards, creating new EOD solutions, and other methods. For example, the US Joint Improvised Explosive Device Defeat Organization (JIEDDO) is involved in advanced technology development and procurement, standards and doctrine development, and developing EOD and IED technological capabilities. In 2019, the US awarded CACI International Inc. a USD 1.7 billion contracts to provide transportable analytical operations, intelligence, and training services to the Joint Improvised-Threat Defeat Organization as part of ongoing priority (JIDO).
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Global Counter IED Market Major Market Players
• Chemring Group PLC
• L3Harris Technologies
• Northrop Grumman Corporation
• Elbit Systems, Ltd.
• Lockheed Martin Corporation
• Sierra Nevada Corporation
• BAE Systems
• Thales Group
• General Dynamics Corporation
• Denel SOC Ltd.
• Lockheed Martin Corporation
• Raytheon Company
• Parnisari Arms
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the global food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Global Counter IED Market by Types and Applications:
The report has covered the market size by country (regions) for the global counter IED market. Segment by application. The Counter IED Market is divided into the North America Europe, ASIA Pacific, Middle East & Africa. The report also includes market size estimates by region. 2019-2027 Forecasts and market size for each type and segment are included. Sales and revenue are included for the period 2019-2027.
Analysis of the Counter IED Market Share and Competitive Landscape:
This report provides a detailed analysis of the Global Counter IED Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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