The rising terrorist activities, security threats, and border disputes are demand ing IED detection system. Integration of sensors such as electromagnetic sensors, chemical sensors, hyper spectral sensor analysis, ground penetrating radar, radar technology, and electro-optical sensors among others are helping the IED detection system market to propel year on year. IED detection system plays an essential role in detecting explosives during counter-insurgency, border counter-terrorism, or law enforcement effort.
MARKET DYNAMICS
The continuous technological advancements in development of robust IED detectors, and increasing focus towards advanced IED detection systems among the defense forces are the significantly driving the IED detection system market. The growing demand from homel and security agencies globally is creating enormous opportunities for the IED detection system market in the forecast period.
MARKET SCOPE
The "Global IED Detection System Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of IED detection system market with detailed market segmentation by deployment, detection capability, equipment, End User, and geography. The global IED detection system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IED detection system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global IED detection system market is segmented on the deployment, detection capability, equipment, and End User. Based on deployment, the market is segmented vehicle mounted and h and held. On the basis of detection capability, the market of segmented into Underground, Above Surface. Based on equipment the IED detection market is fragmented into radar based, sensor based, and laser based. Similarly, on the basis of End User the market is segmented into defence, and homel and security.
(image)
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IED detection system market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The IED detection system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IED detection system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's five force analysis on global scenario.
MARKET PLAYERS
The reports cover key developments in the IED detection system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IED detection system market are anticipated to lucrative growth opportunities in the future with the rising demand for IED detection system in the global market. Below mentioned is the list of few companies engaged in the IED detection system market.
The report also includes the profiles of key IED detection system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Chemring Group PLC
- ECM Technologies
- Harris Corporation
- L3 Security & Detection Systems
- Lockheed Martin Corporation
- Netline Communications Technologies (NCT) Ltd.
- Northrop Grumman Corporation
- Raytheon Company
- Sierra Nevada Corporation
- Thales Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.