An improvised explosive device (IED) is a bomb constructed and deployed in ways other than in conventional military action. It may be constructed of conventional military explosives, such as an artillery shell, attached to a detonating mechanism. IEDs are commonly used as roadside bombs.
By application, the market has been segmented into defense and homeland security. The defense sector in different countries is the major end-user of different types of mine and IED detection equipment and devices as they continuously face threats of IED blasts during cross-country operations.
By equipment, the market has been segmented into sensor based, radar based, laser based, and others. The laser based segment of the market is expected to grow at the highest rate during the forecast period.
In terms of region, the market in North America is expected to witness the highest growth during the forecast period. The continuous demand for mine and IED detection system and equipment by the U.S. military to tackle conflicts in the Middle East and Asia-Pacific is the major reason for the high growth of this market. Similarly, in Asia-Pacific, the increased investments in the development of mine and IED detection equipment and devices are expected to contribute to the growth of the regional market.
In 2019, the market size of Mine and IED Detection Systems is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Mine and IED Detection Systems.
This report studies the global market size of Mine and IED Detection Systems, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Mine and IED Detection Systems production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
BAE Systems (U.K)
Israel Aerospace Industries (Israel)
Raytheon (U.S.)
Northrop Grumman (U.S.)
L3 Technologies (U.S.)
Harris (U.S.)
General Dynamics (U.S.)
Schiebel (Vienna)
DCD Group (South Africa)
Chemring Group (U.K)
Market Segment by Product Type
Sensor Based
Radar Based
Laser Based
Market Segment by Application
Defense
Homeland Security
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Mine and IED Detection Systems status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Mine and IED Detection Systems manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Mine and IED Detection Systems are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Mine and IED Detection Systems. Industry analysis & Market Report on Mine and IED Detection Systems is a syndicated market report, published as Global (United States, European Union and China) Mine and IED Detection Systems Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Mine and IED Detection Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.