As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Market Overview
The global counter IED market is anticipated to witness considerable growth during forecast period. Improvised explosive devices (IEDs) are the crucial systems in battle procedures, mainly formed for the military forces and the law enforcement. The systems are used to identify explosives and to dispose of the IEDs for the counter-terrorism, counter-insurgency, and efforts on part of law implementation organizations. North America is projected to be prominent region for global counter IED market due to presence of key manufacturers, such as the Lockheed Martin Corporation, Northrop Grumman Corporation and General Dynamics Corporation. Furthermore, the pandemic COVID 19 is also accepted to have significant impact on the counter IED market growth. The economic slowdown as a result of the pandemic will have long term impact over the markets.
Governments of numerous countries are prioritizing on improving the counter-IED capabilities by training the homeland security personnel, developing the new solutions for the EOD operations, and others. For instance, the Joint Improvised Explosive Device Defeat Organization (JIEDDO) is complicated in procurement and development of standardization, advanced technologies, and doctrine development and the developing capabilities for IED and EOD technology. As part of ongoing arrangement, in 2017, U.S. awarded contract worth $ 1.7 billion to the CACI International Inc. to provide the deployable analytical operations, training and intelligence services to the Joint Improvised-Threat Defeat Organization.
Segment Overview
Among end users, military segment is anticipated to lead counter IED market in 2019. Militaries of many countries across globe are extensively engaged in dealing with the terrorists, insurgents, and the other non-state actors, who use IEDs as major tool to impose increased damages to then private and public properties and cause casualties. As such, diverse types of counter IED equipment are utilized by militaries of various countries to counter threats by these devices (IEDs).
The airborne deployment segment of counter IED market is projected to grow at highest CAGR during forecast period. The growth of the segment of counter IED market can be accredited to wide use of airborne platforms by the militaries of different countries to sense IEDs planted underground. These platforms are supplemented with different types of the sensors and payloads to notice IEDs at varied ranges.
Regional Overview
Among the regions, Asia Pacific’s counter IED market is expected to grow at highest CAGR during forecast period, followed by Middle East & Africa (MEA) counter IED market. The rising use of IEDs in terror attacks and growing defense spending in emerging countries of Asia Pacific region are factors anticipated to drive growth of Asia Pacific counter IED market during forecast period. A number of countries of Asia Pacific region are replacing the conventional IED detection techniques with the laser detectors, modern ground penetrating radars, and the high-resolution optical detection systems.
Competitor overview
In Sept 2018, Northrop Grumman Corporation signed agreement worth USD 103 million with U.S. Naval Sea Systems Command to deliver the joint counter-radio-controlled IED electronic warfare systems.
In June 2018, Company Named General Dynamics Land Systems signed contract worth USD 258 million to upgrading the 116 Stryker flat-bottom vehicles to the Stryker A1 configuration. The upgrade includes installation of Double-V Hull and improving vehicle’s survivability against the mines and IEDs.
In Aug 2017, Chemring Sensors and the Electronic Systems signed contract worth USD 92.6 million with U.S. Army for provision of Husky Mounted Discovery System that is intended to counter IEDs and related spare parts.
In May 2016, Thales Group launched ECLIPSE, counter-IED system, with French armed forces. ECLIPSE is built around new-generation jammer which prevents IEDs from being exploded by remote control.
Key Players counter IED market
- Lockheed Martin Corporation
- L3Harris Technologies Inc.
- Elbit Systems Ltd
- Northrop Grumman Corporation
- Thales Group
- Saab AB
- Raytheon Company
- Chemring Group PLC
- Allen-Vanguard Corporation
- Israel Aerospace Industries Ltd
- QinetiQ Group PLC
- Rheinmetall AG
Market Segmentation
Counter IED Market By Capability
- Countermeasure
- Detection
- Ship Mounted
- Airborne Mounted
- Vehicle Mounted
- Handheld
- Others
- Homeland Security
- Military
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
1 Executive Summary
2 Market Introduction
- 2.1 Definition
- 2.2 Scope of the Study
- 2.3 Market Structure
3 Research Methodology
- 3.1 Research Process
- 3.2 Primary Research
- 3.3 Secondary Research
- 3.4 Market Size Estimation
- 3.5 Forecast Model
- 3.6 List of Assumptions
4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increase in Military Spending
- 4.2.2 Rising Terrorist Attacks and Focus on Counter Operations
- 4.2.3 Increased Use of Unmanned Systems for Countering IEDs
- 4.2.4 Drivers Impact Analysis
- 4.3 Restraint
- 4.3.1 Lack of Trained Unmanned Systems Pilots
- 4.3.2 Restraint Impact Analysis
- 4.4 Opportunities
- 4.4.1 Changing Nature of Warfare
- 4.4.2 Development of Robust Counter IED Systems
5 Market Factor Analysis
- 5.1 Supply Chain
- 5.2 Porter’s Five Forces Model
- 5.2.1 Threat of New Entrants
- 5.2.2 Bargaining Power of Suppliers
- 5.2.3 Bargaining Power of Buyers
- 5.2.4 Threat of Substitutes
- 5.2.5 Rivalry
6 Global Counter IED Market, by Capability
- 6.1 Overview
- 6.2 Detection
- 6.2.1 ADS (Above-Surface Detection System
- 6.2.2 Underground MIDS (Mine and IED Detection System)
- 6.2.3 Stand-Off IED Detector
- 6.2.4 Remote IED Inspection Equipment
- 6.3 Countermeasure
- 6.3.1 Jammers
- 6.3.2 Neutralization
7 Global Counter IED Market, by Deployment
- 7.1 Overview
- 7.2 Vehicle-mounted
- 7.2.1 Armored Vehicles
- 7.2.2 Unmanned Ground Vehicles (UGVs)
- 7.3 Ship Mounted
- 7.3.1 Naval Vessels
- 7.3.2 Unmanned Maritime Vehicles (UMVs)
- 7.4 Airborne
- 7.4.1 Aircraft
- 7.4.2 Unmanned Aerial Vehicles (UAVs)
- 7.4.3 Aerostats
- 7.5 Handheld
- 7.6 Others
8 Global Counter IED Market, by End-User
- 8.1 Overview
- 8.2 Military
- 8.3 Homeland Security
9 Global Counter IED Market, by Region
- 9.1 Overview
- 9.2 North America
- 9.2.1 US
- 9.2.1.1 US by Capability
- 9.2.1.2 US by Deployment
- 9.2.1.3 US by End-User
- 9.2.2 Canada
- 9.2.2.1 Canada by Capability
- 9.2.2.2 Canada by Deployment
- 9.2.2.3 Canada by End-User
- 9.2.1 US
- 9.3.1 France
- 9.3.1.1 France by Capability
- 9.3.1.2 France by Deployment
- 9.3.1.3 France by End-User
- 9.3.2 UK
- 9.3.2.1 UK by Capability
- 9.3.2.2 UK by Deployment
- 9.3.2.3 UK by End-User
- 9.3.3 Germany
- 9.3.3.1 Germany by Capability
- 9.3.3.2 Germany by Deployment
- 9.3.3.3 Germany by End-User
- 9.3.4 Russia
- 9.3.4.1 Russia by Capability
- 9.3.4.2 Russia by Deployment
- 9.3.4.3 Russia by End-User
- 9.3.5 The Rest of Europe
- 9.3.5.1 The Rest of Europe by Capability
- 9.3.5.2 The Rest of Europe by Deployment
- 9.3.5.3 The Rest of Europe by End-User
- 9.4.1 China
- 9.4.1.1 China by Capability
- 9.4.1.2 China by Deployment
- 9.4.1.3 China by End-User
- 9.4.2 India
- 9.4.2.1 India by Capability
- 9.4.2.2 India by Deployment
- 9.4.2.3 India by End-User
- 9.4.3 Japan
- 9.4.3.1 Japan by Capability
- 9.4.3.2 Japan by Deployment
- 9.4.3.3 Japan by End-User
- 9.4.4 South Korea
- 9.4.4.1 South Korea by Capability
- 9.4.4.2 South Korea by Deployment
- 9.4.4.3 South Korea by End-User
- 9.4.5 Rest of Asia-Pacific
- 9.4.5.1 Rest of Asia-Pacific by Capability
- 9.4.5.2 Rest of Asia-Pacific by Deployment
- 9.4.5.3 Rest of Asia-Pacific by End-User
- 9.5.1 UAE
- 9.5.1.1 UAE by Capability
- 9.5.1.2 UAE by Deployment
- 9.5.1.3 UAE by End-User
- 9.5.2 Saudi Arabia
- 9.5.2.1 Saudi Arabia by Capability
- 9.5.2.2 Saudi Arabia by Deployment
- 9.5.2.3 Saudi Arabia by End-User
- 9.5.3 Israel
- 9.5.3.1 Israel by Capability
- 9.5.3.2 Israel by Deployment
- 9.5.3.3 Israel by End-User
- 9.5.4 Rest of the Middle East & Africa
- 9.5.4.1 Rest of the Middle East & Africa by Capability
- 9.5.4.2 Rest of the Middle East & Africa by Deployment 81
- 9.5.4.3 Rest of Middle East & Africa by End-User 81
- 9.6.1 Brazil 84
- 9.6.1.1 Brazil by Capability 84
- 9.6.1.2 Brazil by Deployment 84
- 9.6.1.3 Brazil by End-User 85
- 9.6.2 Mexico 85
- 9.6.2.1 Mexico by Capability 85
- 9.6.2.2 Mexico by Deployment 86
- 9.6.2.3 Mexico by End-User 86
- 9.6.3 Rest of Latin America 87
- 9.6.3.1 Rest of Latin America by Capability 87
- 9.6.3.2 Rest of Latin America by Deployment 87
- 9.6.3.3 Rest of Latin America by End-User 88
10 Competitive Landscape 89
- 10.1 Competitive Scenario 90
- 10.2 Market Share Analysis 90
11 Company Profiles 91
- 11.1 BAE Systems 92
- 11.1.1 Company Overview 92
- 11.1.2 Financial Overview 92
- 11.1.3 Services Offered 94
- 11.1.4 Key Developments 94
- 11.1.5 SWOT Analysis 94
- 11.1.6 Key Strategy 94
- 11.2 Chemring Group PLC 95
- 11.2.1 Company Overview 95
- 11.2.2 Financial Overview 95
- 11.2.3 Products Offered 96
- 11.2.4 Key Developments 96
- 11.2.5 SWOT Analysis 97
- 11.2.6 Key Strategies 97
- 11.3 Elbit Systems Ltd 98
- 11.3.1 Company Overview 98
- 11.3.2 Financial Overview 98
- 11.3.3 Solutions Offered 99
- 11.3.4 Key Developments 100
- 11.3.5 SWOT Analysis 100
- 11.3.6 Key Strategy 100
- 11.4 General Dynamics Corporation 101
- 11.4.1 Company Overview 101
- 11.4.2 Financial Overview 101
- 11.4.3 Products Offerings 102
- 11.4.4 Key Developments 102
- 11.4.5 SWOT Analysis 103
- 11.4.6 Key Strategy 103
- 11.5 Harris Corporation 104
- 11.5.1 Company Overview 104
- 11.5.2 Financial Overview 104
- 11.5.3 Product Offerings 105
- 11.5.4 Key Developments 105
- 11.5.5 SWOT Analysis 106
- 11.5.6 Key Strategy 106
- 11.6 L-3 Technologies Inc. 107
- 11.6.1 Company Overview 107
- 11.6.2 Financial Overview 107
- 11.6.3 Products/Solutions Offered 108
- 11.6.4 Key Developments 108
- 11.6.5 SWOT Analysis 109
- 11.6.6 Key Strategy 109
- 11.7 Lockheed Martin Corporation 110
- 11.7.1 Company Overview 110
- 11.7.2 Financial Overview 110
- 11.7.3 Products Offered 111
- 11.7.4 Key Developments 112
- 11.7.5 SWOT Analysis 112
- 11.7.6 Key Strategy 112
- 11.8 Northrop Grumman Corporation 113
- 11.8.1 Company Overview 113
- 11.8.2 Financial Overview 113
- 11.8.3 Product Offerings 114
- 11.8.4 Key Developments 114
- 11.8.5 SWOT Analysis 115
- 11.8.6 Key Strategy 115
- 11.9 Raytheon Company 116
- 11.9.1 Company Overview 116
- 11.9.2 Financial Overview 116
- 11.9.3 Products Offered 117
- 11.9.4 Key Developments 117
- 11.9.5 SWOT Analysis 118
- 11.9.6 Key Strategy 118
- 11.10 Thales Group 119
- 11.10.1 Company Overview 119
- 11.10.2 Financial Overview 119
- 11.10.3 Products Offered 120
- 11.10.4 Key Developments 120
- 11.10.5 SWOT Analysis 121
- 11.10.6 Key Strategy 121
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
