Counter-IED Market: Growth Analysis & Forecast till 2025

The market research report, entitled Counter-IED Market shows good possibilities in the Counter-IED Market during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges and key players in the market.

Global Counter-IED Market Forecast:

The Counter-IED Market is forecasted to grow at a rate of 1.7% CAGR during the period of 2020-2025. The Counter-IED Market growth depends upon numerous factors which have direct or indirect impact on the demand. Our report has the summary of such factors derived using SWOT, PEST, industry life cycle and supply chain analysis. These methods help in analysing the strength of the companies and identify gaps as well as opportunities to lay out a successful roadmap which leads to higher profitability.

Some linchpins in the market are:

Chemring Group PLC
L3Harris Technologies
Northrop Grumman Corporation
Elbit Systems, Ltd.
Lockheed Martin Corporation
Sierra Nevada Corporation
BAE Systems
Thales Group
QinetiQ
General Dynamics Corporation
Denel SOC Ltd.
Wish to receive a sample? Request here https://www.stratviewresearch.com/Request-Sample/717/counter-ied-market.html#form

Counter-IED Market Segmentation:

The report segments based upon demographics, geographics, benefits and volume etc, has different driving factors and identifies the most-attractive segments and sub-segments. Counter-IED Market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.

COVID-19 IMPACT Analysis on Counter-IED Market

Coronavirus has influenced every one of the organizations, little or large, dealing in any sector. The growth curves of Counter-IED Market have seen immense fluctuations in the year 2020. The market scenario and the pace of growth have taken a colossal turn and have prompted numerous adjustments in the cycles, which will have repercussions for a significant stretch. 2021 is probably going to be superior to 2020 for the Counter-IED Market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.

Note: This report will be refreshed to consolidate the effect of COVID-19, available for the time of 2020 to 2025.

Regional Analysis

In terms of regions, North America is expected to remain the largest market for C-IEDs during the forecast period. The USA is the growth engine of the region’s market with massive defense spending and increased focus towards the adoption of emerging C-IED technologies. The US Army, the US Navy, and the US Marine Corps are the major demand generators of C-IED equipment and have formed several long-term contracts with the major market players. For instance, in 2018, Chemring Group PLC was awarded a contract worth US$ 92.6 Million to supply Husky Mounted Detection System to the US Army.

Read More at https://www.stratviewresearch.com/717/counter-ied-market.html

400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
Email-sales@stratviewresearch.com

Stratview Research is a global market intelligence firm helping its clients’ tract the ever-evolving market scenarios through customised and syndicated reports. The reports offered here are gathered with the help of our wide-ranging and reliable secondary sources and in-depth interviews with the linchpins within the market. Extrapolated through primary and secondary research, Stratview Research’s reports help you remain ahead of the curve by enabling you to understand the current market trends and challenges coming on your way. Our strong team of industry veterans and researchers assure high quality research and strategic insights that help companies worldwide in effective decision making.

This release was published on openPR.