Counter-IED Devices Market
Counter-IED Devices Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Counter-IED Devices Market Size and Growth
The Counter-IED Devices market is experiencing robust growth due to rising threats from improvised explosive devices. Current market size is estimated at approximately $13 billion, with a projected CAGR of 5.6% over the next five years. Increased defense spending and technological advancements are driving demand for sophisticated countermeasures globally.
Companies Covered
(Covid 19 Impact Covered)
◍ General Dynamics
◍ BAE Systems
◍ Raytheon Company
◍ Lockheed Martin
◍ L3Harris Technologies
◍ Elbit Systems
◍ Allen-Vanguard Corporation
◍ Thales Group
◍ Chemring Group
◍ Northrop Grumman Corporation
◍ Israel Aerospace Industries
◍ Netline Communications Technologies
◍ Rheinmetall Defence
◍ Sierra Nevada Corporation
◍ SRC
The Counter-IED Devices Market features major players like General Dynamics, BAE Systems, and Raytheon, leveraging advanced technologies to enhance battlefield safety. Companies focus on R&D to innovate detection systems and jamming technologies, driving market growth through enhanced security solutions for military and civilian applications. Revenue details for select companies include:
- General Dynamics: ~$39 billion
- Raytheon Technologies: ~$64 billion
- Lockheed Martin: ~$67 billion
- Northrop Grumman: ~$37 billion Request Sample Report
Market Segmentation
By Application
Military
Law Enforcement
◍ Counter-terrorism
◍ Counter-insurgency
By Product
◍ Vehicle Mounted
Ship Mounted
Airborne Mounted
Handheld
Others
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Market Growth
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$ X Billion USD
