At 1.5% CAGR, Counter-IED Market Size Set to Register 1733 billion USD by 2022-2028

Selbyville, Delaware Counter-IED Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Counter-IED market in tandem with its competitive terrain. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

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Due to the COVID-19 pandemic, the global Counter-IED market size is estimated to be worth US$ 1585.2 million in 2022 and is forecast to a readjusted size of US$ 1733 million by 2028 with a CAGR of 1.5% during the forecast period 2022-2028.

Fully considering the economic change by this health crisis, Vehicle Mounted accounting for % of the Counter-IED global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Military segment is altered to an % CAGR throughout this forecast period.

North America Counter-IED market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Opportunities

Furthermore, development of fully integrated biopsy devices extends profitable opportunities to the market players in the forecast period of 2022 to 2025. Also, emergence of liquid biopsy will assist in the expansion of the market.

Restraints/Challenges

On the other hand, concerns regarding the product recalls are expected to obstruct market growth. Also, risk of infections is projected to challenge the Counter-IED market in the forecast period of 2022-2025.

This Counter-IED market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Counter-IED market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Counter-IED Market

Covid-19 had a positive impact on the Counter-IED market. The medical services such as biopsies witnessed decline in revenues in the years 2020 and 2021 due to the outbreak of COVID-19. Major medical procedures were declined during the pandemic to prevent the risk of spreading coronavirus. However, rise in the number of biopsies is expected in the post-COVID owing to the easing of restrictions.

Global Counter-IED Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Vehicle Mounted
Ship Mounted
Airborne Mounted
Handheld

Segment by Application
Military
Homeland Security

By Company
General Dynamics Corporation
Lockheed Martin Corporation
Elbit Systems Ltd.
Raytheon Company
Chemring Group
Thales Group
L3 Technologies, Inc.
Harris Corporation
Northrop Grumman Corporation
Allen-Vanguard Corporation
Netline Communications Technologies
Sierra Nevada Corporation
SRC, Inc.

Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

Summary of the regional outlook documented in this report:

  • Consumption pattern and consumption rate with respected to each region.
  • Predicted consumption rates over the forecast period.
  • Market forecasts of key regions are detailed in the report.
  • Consumption market share solely based on the regional contribution.
  • Market share held by the listed geographies.

Counter-IED Major Manufacturers Analysis

  • Counter-IED Production Sites and Area Served
  • Product Introduction, Application and Specification
  • Counter-IED Production, Revenue, Ex-factory Price and Gross Margin
  • Main Business and Markets Served

 TABLE OF CONTENTS

  1. Counter-IED Market Definition and Scope
  2. Counter-IED Market Research Methodology
  3. Counter-IED Market Executive Summary
  4. Counter-IED Market Dynamics
  5. Counter-IED Market Growth Prospects
  6. Counter-IED Market by Type
  7. Counter-IED Market, By End-Use
  8. Counter-IED Market, by Regional Analysis
  9. Counter-IED Market Competitive Intelligence
  10. Top Counter-IED Market Strategies
  11. Counter-IED Market Company Market Share

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