Companies and Markets
Call us on +44 (0) 203 086 8600
Market Research A to Z | Company Profiles A to Z | RegisterRegister | Contact UsContact Us | Shopping Basket Shopping Basket
+44 (0) 203 086 8600 Call us on

The Global Counter IED Market 2012-2022

2990.13

Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Site License

Site License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

£2,990.13

Change Currency

GBP EURO USD
GBP EURO USD

Market

Defence

Report Type

Market Research

Country

Global

Published

4 December 2012

Number of Pages

155

Report Delivery

Email

Delivery Lead Time

1-3 hours, 24 hour max

Publisher

Strategic Defence Intelligence

File Format

PDF

Global counter IED market to decline to $3.6 billion by 2022

The global counter IED market is expected to be worth US$6.4 billion in 2012 and decrease to US$3.6 billion by 2022, representing a CARC of -5.59% during the forecast period. The demand for counter IED equipment is anticipated to be driven by internal and external security threats, territorial disputes, modernization initiatives, technological innovations and a substantial demand for counter IED systems for coalition forces in Afghanistan.

Cumulatively, the global market is expected to value US$46.7 billion during the forecast period. The market is expected to be dominated by North America, followed by Europe and Asia-Pacific.

In 2011, commanders in Afghanistan decided that they wanted more troops to dismount from their vehicles and patrol on foot. This shift in strategy has however put human lives at risk and has therefore given rise to a demand for unmanned systems, such as ultra-light robots, that soldiers can carry with one hand and driverless trucks manned with the help of a remote control.

Key Market Issues

- The Counter IED market consists of a large number of companies specializing in various fields. And the procurement of such counter IED equipment is limited only to the countries operating extensively in IED threat areas such as Afghanistan and Iraq. This causes high levels of competition in the market and increases the bargaining power of the defense ministries around the world. This lowers the margins of counter IED companies due to reduced unit prices or high offset requirements.

- Traditionally, North America and Europe accounted for four-fifths of global defense spending. However, western dominance in this field is steadily declining as a result of the effects of recent economic recession. This situation, coupled with strategic changes to global security, means that the demand for defense systems, such as counter IED equipment, is set to decline in the western market.

Key Highlights

- North America accounts for the highest spend in the global counter IED market and most of the expenditure can be attributed to the US, with Canada accounting for a small share. Both the US and Canada have allocated major portion of their counter IED budget towards saving the lives of their soldiers deployed in Iraq and Afghanistan for peace keeping missions. A major share of expenditure is focused on areas such as counter IED vehicles, detection systems, electronic jammers, and other bomb-foiling technologies and unmanned systems. However, the expenditure on counter IED initiatives is expected to decline with the withdrawal of forces from Iraq and Afghanistan.

- The US and allied forces have begun a pullout from Afghanistan, with 23000 troops scheduled to be withdrawn from the region by the end of 2012. However, this does not signal the end of US participation in Afghan affairs, with the US led coalition's campaign expected to continue in the foreseeable future. The Afghan army and police force are currently battling low levels of literacy, corruption within their ranks and lack of equipment and experience. Making them self-sufficient to increase their capabilities on the battlefield in the primary goal of the coalition.

Report Scope

This report is the result of our extensive market and company research covering the global counter IED industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

The Global Counter IED Market 2012-2022 offers the reader detailed analysis of the global counter IED market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

This report provides detailed analysis of the current industry size and growth expectations from 2012 to 2022, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

Key Features and Benefits

- The report provides detailed analysis of the market for counter IED during 2012–2022, including the factors that influence why countries are investing or cutting defense expenditure. It provides detailed expectations of growth rates and projected total expenditure.
- Lockheed Martin, Chemring Group, NIITEK, Iveco, Allen Vanguard, General Dynamics Land Systems, Navistar Defense, Force Protection, BAE Systems, L3 CyTerra, Northrop Grumman, iRobot Corporation, Thales, Qinetiq

Speak to an Advisor

Call us on
+44 (0) 203 086 8600

Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Site License

Site License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

£2,990.13

Change Currency

GBP EURO USD

Change Currency

GBP
USD

Visitor Comments

All posts are pre-moderated and must obey the house rules.

Change Currency

GBP
USD

Use our research skills: Get free support

Free Research Support: Let us do the work for you and find information from public and private sources of information. Contact us now and we can save you time and money.......Free Research Support

eBrandPromote: Get your brands ranked highly online

eBrandPromote: Let us promote your brand online through article writing, press release distribution, social media and search engine marketing services. Click here to download our eBrandPromote brochure.

Accessibility
Close

Contrast settings

Text size settings