Global Counter-IED Market Worth $ 5.49 Billion by 2019

Date: 2016-09-10

An improvised explosive device (IED) is a bomb constructed and deployed in ways other than in conventional military action; the counter-IED market are mainly systems and technologies for fighting against the IED threat. Counter-IED includes electronic countermeasures (Jammers) and detection systems on the base of classification, which represent 25% and 30% of global counter-IED market. 

Military, police and government are the main application of counter-IED product and North American is the largest counter-IED market on production and consumption.

Since World War II, Improvised Explosive Devices (IEDs) have been extensively used in armed conflicts predominantly in Asian, Middle East and African countries. IEDs become a preferred weapon of choice for insurgents inflicting injury or death in many parts of the world for decades.

Global counter-IED market is projected to reach $ 5.49 Billion by 2019, with a GAGR of 2.4% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global counter-IED market are Lockheedmartin, L-3, GDLS & Force Protection, A-tsolutions, QinetiQ, Chemring & NIITEK etc..


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520

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