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Counter IED Market- By Deployment (Aerial Mounted, Ship Mounted, Vehicle Mounted, Handheld, Others); By Function (Countermeasure, Detection, Jammer, Neutralization, Others); And By End User- Global Demand Analysis And Opportunity Outlook 2030

Counter IED Market- By Deployment (Aerial Mounted, Ship Mounted, Vehicle Mounted, Handheld, Others); By Function (Countermeasure, Detection, Jammer, Neutralization, Others); And By End User- Global Demand Analysis And Opportunity Outlook 2030

Kenneth Research Research Nester Private Limited published a research report "Counter IED Market: Global Demand Analysis and Opportunity Outlook 2030" on August 10, 2021. It provides an in-depth industry insight along with an in-depth analysis of the market during the forecast period. The report discusses various parameters based on market size and determination. These include market value, annual growth, segments, growth drivers and challenges, and key players in the market. Report Sample URL: https://www.researchnester.jp/sample-request-3186

The key drivers driving the market growth include internal and external security threats, technological innovation, and modern Initiative, Regional Innovation for the Detection of Improvised Explosive Devices (IEDs). Also, the allocation of military spending to equipment, which helps counter the threat from IEDs and increasing improvised explosive device attacks, is also expected to boost the market growth in the coming years. More than 4,300 improvised explosive device events in recent years have been estimated to have caused 65,400 casualties, according to a United Nations report.

More than 360 humanitarian workers have been injured by IEDs in the last decade. Additionally, IEDs are relatively inexpensive as they are made from commonly available materials. These devices are projected to see heavy use in future encounters, which is expected to drive increased government spending on counter-IED systems. This in turn is estimated to expand the market in the coming years.

North America is expected to hold the largest market share due to the presence of countries such as the United States where the threat from IEDs continues to increase. This is also projected to stimulate the country to invest millions of dollars in fighting these threats.

In addition, the Asia-Pacific region is expected to lead the market in terms of share in the future due to increased use of improvised explosive devices in terrorist attacks and increased defense spending in the region. China's military spending increased by about US$8 billion from 2018 to 2019. The calculated value for 2019 exceeded US$260 billion. In addition, the growing importance of China becoming a major global trading hub is assessed to drive market growth in APAC by the end of 2030.

For more information on the research report in Japanese; https://www.researchnester.jp/reports/counter-ied-market/3186 in detail and provide market trends based on our analysis.
The counter IED market is further segmented based on region.

I. Asia Pacific (China, India, Japan, Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Rest of Asia Pacific
II. North America (US and Canada)
III. Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, the rest of the Middle East and Africa)
IV. Latin America (Brazil, Mexico, Argentina, the rest of Latin America)
V. Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe)
Report sample URL: https: //www.researchnester.jp/sample-request-3186

Research Nester Private Limited Company Profile

Research Nester Private Limited, a group company of LAMORI PRIVATE LIMITED, is a strategic market research company. and consulting services provider, aiming to provide unbiased and unrivaled market insight and industry analysis to assist the industry in making smart decisions about future marketing strategies, expansions and investments.

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