• 出版社/出版日：Mordor Intelligence / 2020年4月20日
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The Counter-IED market is poised to register a CAGR of over 2.5% during the forecast period 2020-2025.
– The growth of the Counter-IED market can be attributed to increasing incidences of terror attacks involving improvised explosive device blasts across the world.
– Growth in asymmetric warfare is also expected to increase the usage of IEDs, which may propel the procurement of counter IED devices by the armed forces of various countries.
– Increasing investments for producing technologically advanced counter IED equipment is also expected to help the growth of the market in the years to come.
Key Market Trends
Vehicle Mounted Segment to Lead the Market During the Forecast Period
Currently, the vehicle-mounted segment has the highest share in the counter-IED market. The segment is also expected to have the highest growth rate during the forecast period. The higher share is mainly due to the growing procurements of vehicle-mounted counter IED systems by various militaries around the world. For instance, the Australian Department of Defense (DoD) awarded a contract to L3-Micreo, a subsidiary of L3Harris Technologies, Inc., to manufacture and deliver more than 14,000 Silvershield Counter-IED systems to the Afghan National Defense and Security Forces (ANDSF) in April 2019. This add-on contract followed the initial purchase of 16,000 units in 2018. Moreover, there was substantial growth in the procurements of unmanned systems for counter-IED operations. Many countries are developing their indigenous unmanned systems for counter-IED operations, keeping in mind, the aspects of personnel protection in case of IED blasts during detection and countermeasure phases.
North America Registered the Highest Market Share in 2019
As of 2018, North America registered the highest market share in the counter-IED market, and it is mainly due to a large demand for the counter-IED equipment from the United States. The increasing threat from IEDs has made the United States to invest millions of USD for tackling these threats. The United States is also training its troops and law enforcement agencies on the methods to tackle the IED threats, which forms a basic unit of military tactical training. The United States also deploys its troops in various regions of the world, like Middle East & Africa and Asia-Pacific, where the threat of IEDs are more for the civilians and also for the US military personnel. There were many instances of IED blasts in countries, like Syria, Iraq, and Afghanistan, claiming the lives of a significant number of the US military personnel. In the wake of all these events, the country is procuring counter-IED systems for mitigating the threats caused by the IEDs, making the North American region the largest market for the counter-IED systems in the year studied. In terms of growth rate, the region only lags behind the Asia-Pacific region, which is anticipated to undergo a lot of developments, in terms of counter-IED tackling capabilities. India and China are projected to lead the developments in the market. India, on February 2019, announced plans to have dedicated counter-IED resources for missions facing the IED threats. Moreover, as China is planning to become a key world trade hub, it is wary of the IED threats that come along the opened trade routes. These are the key factors which are expected to propel the growth of the market in the region during the forecast period.
Lockheed Martin Corporation, L3Harris Technologies, Inc., Elbit Systems Ltd., Northrop Grumman Corporation, and Thales Group are some of the major players in the market. Companies are trying to increase their foothold in the market, along with increasing their product portfolio through mergers and acquisitions (like the acquisition of Micreo by L3 in 2016) and partnerships (like the one between Thales and Micro-X). This is expected to make the market further competitive. As the focus is being shifted to the use of unmanned systems to counter-IED operations, players can focus on producing autonomous products compatible with the unmanned systems, which may help them to sustain in the changing market landscape. Moreover, technological innovations may help the companies in gaining new contracts, thereby, increasing their market presence.
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1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.2.1 Vehicle Mounted
220.127.116.11 Manned Vechicles
18.104.22.168 Unmanned Vehicles
5.2.2 Hand Held
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Lockheed Martin Corporation
6.2.2 L3Harris Technologies Inc.
6.2.3 Elbit Systems Ltd
6.2.4 Northrop Grumman Corporation
6.2.5 Thales Group
6.2.6 Saab AB
6.2.7 Raytheon Company
6.2.8 Chemring Group plc
6.2.9 Allen-Vanguard Corporation
6.2.10 Israel Aerospace Industries Ltd.
6.2.11 QinetiQ Group plc
6.2.12 Rheinmetall AG
7 MARKET OPPORTUNITIES AND FUTURE TRENDS