TrendMarket for counter-IED technologies growing
Improvised explosive devices (IEDs) are a significant threat in many conflict zones, most notably in Afghanistan and Iraq; the United States has spent billions of dollars on IED countermeasures, but still IEDs are a number one threat to U.S. military personnel in the theater; there is a large market for IED countermeasures and defense, with leading and developing countries worldwide investing steadily in those products
Improvised explosive devices (IEDs) are a significant threat in many conflict zones, most notably in Afghanistan and Iraq. These makeshift bombs can be introduced surreptitiously and used without warning, to devastating effect, especially against patrolling troops.The main IED threats are roadside bombs, car bombs, and suicide bombing. The IED countermeasures and defense market is an important defense sector that will experience significant growth over the coming years, a new Visiongain defense report shows.
In the new report, “IED Defense Market 2009-2018,” the authors say that the United States has spent billions of dollars on IED countermeasures, but still IEDs are a number one threat to U.S. military personnel in Iraq and Afghanistan. Consequently, there is a large market for IED countermeasures and defense, with leading and developing countries worldwide investing steadily in those products. Over the coming four years, the United States will invest tens of billions of dollars on a large fleet of new vehicles to counter the IED threat, with some other countries following. Joint Light Tactical Vehicles (JLTVs) are currently being developed to replace High Mobility Multi-Purpose Wheeled Vehicles (Humvees). There are also significant market opportunities for IED detection and inactivation systems, including jammers, as discussed in this report.
Visiongain’s IED Defense Market 2009-2018 report provides a detailed market and industry analysis for IED countermeasures and defense worldwide, with a focus on the world market and those of principal national markets. The report focuses on the following aspects of that sector in particular:
- The contemporary IED defense market and its challenges
- Sales forecasts and other key metrics for the global IED defense market up to 2018
- Sales forecasts for the principal submarkets up to 2018
- Sales forecasts for 11 leading national markets up to 2018
- An analysis of leading countries’ IED defense programs
- Discussion of market drivers and restraints for the market, including a SWOT analysis for the years 2008 to 2018
- Discussion of leading companies involved in developing and marketing counter IED systems, including specialized vehicles
- Expert views on current issues and future prospects for IED defense systems, including full interview transcripts not published anywhere else
