Handheld Counter IED Market Size, Share, Trends, Analysis, and Forecast 2023-2030

Handheld counter-improvised explosive devices (IEDs) are detection and countermeasure systems primarily utilised by military and law enforcement authorities.

The Handheld Counter IED Market Size, valued at USD 2.06 billion in 2022, is projected to reach USD 2.55 billion by 2030, with an emerging compound annual growth rate (CAGR) of 2.69% over the forecast period from 2023 to 2030.

Research on the Handheld Counter IED market covers a detailed analysis of the industry with an emphasis on global market trends. The objective of the study is to give readers a thorough market overview and segmentation. According to the global market research study, the market will continue to rise steadily over the projection period as a result of rising per capita expenditure around the world, expanding urbanization, and increased use of new technologies. For the expected time, the market study closely examines market contributions, unifications, collaborations, and new product releases. The inquiry includes in-depth analyses of meticulous customers, production capacity, and consumption volume, all of which are helpful to business owners.

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Key Players:

The Major Players are

  • Lockheed Martin Corporation
  • Raytheon Company
  • Northrop Grumman Corporation
  • Thales Group
  • General Dynamics Corporation
  • Elbit Systems Ltd
  • L3 Harris Corporation
  • Chemring Group
  • L3 Technologies Inc.
  • Allen-Vanguard Corporation

The most recent research presents an in-depth examination of the Handheld Counter IED market by looking at the complexity of revenue numbers, stock nuances, and information on major firms. Tables, charts, and info graphics in the market analysis offer crucial details on supply chain management and distribution channels across numerous geographies. The report also discusses the problems with the global market and enumerates its main advantages and disadvantages. The impact of the market on environmental concerns and governmental restrictions is also examined during the market research.

Market Segmentation

By Deployment

  • Vehicle mounted
  • Ship mounted
  • Airborne mounted
  • Handheld

By Capability

  • Detection  
  • Countermeasure

By End User

  • Military
  • Homeland Security

By Airborne Mounted

  • Aircraft
  • Aerostat
  • UAV

Competitive Analysis

The reader can comprehend the predicted period's global income, price, and output for the major firms. The article looks at the significant events that have shaped the Handheld Counter IED market's expansion. This research identifies crucial market elements, such as motivators, barriers, and chances for both well-established market participants and up-and-coming companies and suppliers. Demographic information is included in the market research study so that market participants may create their products and marketing plans. It assists companies in creating effective long-term plans by pointing out the most lucrative sectors.

Key Questions Answered in the Handheld Counter IED Market Report

  • What factors are driving the market's global expansion and what are the main dangers to it?

 

  • Which companies dominate the market? How do they compete with the market?

 

  • At the end of the forecast period, what size, share, and CAGR do you expect the market to have?

 

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Bharti Nalawade

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