Global Handheld Counter IED Market Research Report—Forecast till 2025

Global Handheld Counter IED Market Research Report—Forecast till 2025

Market Snapshot
Global Handheld Counter IED Market is anticipated to exhibit 2.74% CAGR during the forecast period 2025. The Handheld counter improvised explosive devices (IEDs) are mainly used for detection and countermeasures of military and law enforcement agencies. The increasing prevalence of counter IED is expected to grow the global market during the study period.
The global market of handheld counter IED is expected to grow at a rapid pace due to the utilization of advanced technologies in it such as ground-penetrating radar. Moreover, the global market growth is propelled by the growing military expenditure and increasing terrorist attacks and focus on counter operations. However, the increase in the use of countermeasure systems may restrain the global market in the upcoming years. However, the increasing prevalence of counter IED blast has been rising for the past few years is expected to increase the demand for Handheld Counter IEDs during the review period. Additionally, military organizations are concentrating on counter operations are expected to boost the global market.
Market Segmentation
The Global Handheld Counter IED Market has been classified by end-use and region. Based on the end-user segment, the global market has been classified into military and homeland security. The homeland security sector is expected to witness a tremendous market hike and is projected to register a CAGR of 2.29% during the study period.
Depending on the region, the market has been spread across North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.


Regional Analysis
Region-specific analysis of Global Handheld Counter IED Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.
North America is expected to drive the global handheld counter IED market with a 31.35% share in 2019, followed by Europe. Asia-Pacific is expected to be the fastest-growing market for handheld counter IED during the review period owing to third-largest market in 2019. The regional market growth is propelled by the growing demand for handheld counter IEDs by the military forces and homeland security agencies due to rising territorial disputes. Additionally, the increasing number of conflicts around the India-Pakistan border, the India-China border, the Himalayas, the Indian Ocean, and the South China Sea are fuelling the market growth during the study period. There is a high requirement for IED systems in these countries to resist and counteract the rise in cross-border attacks.


Major Players
The companies covered in the global handheld counter IED market are Chemring Group PLC (UK), Rapiscan Systems (US), PKI Electronic Intelligence GmbH (Germany), and Guartel Technologies Ltd (UK).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS

1.1.1 GLOBAL HANDHELD COUNTER IED MARKET, BY END USE

1.1.2 GLOBAL HANDHELD COUNTER IED MARKET, BY REGION

2 MARKET INTRODUCTION
2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE

2.5 KEY BUYING CRITERIA

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 INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION

5.2 DRIVERS

5.2.1 INCREASE IN MILITARY SPENDING

5.2.2 RISING TERRORIST ATTACKS AND FOCUS ON COUNTER OPERATIONS

5.2.3 DRIVERS IMPACT ANALYSIS

5.3 RESTRAINTS

5.3.1 INCREASE IN USE OF COUNTERMEASURE SYSTEMS

5.3.2 RESTRAINTS IMPACT ANALYSIS

5.4 OPPORTUNITY

5.4.1 CHANGING NATURE OF WARFARE

5.4.2 DEVELOPMENT OF ROBUST COUNTER IED SYSTEMS

5.5 IMPACT OF COVID-19 ON DEFENSE INDUSTRY AND HANDHELD COUNTER IED MARKET

6 MARKET FACTOR ANALYSIS
6.1 SUPPLY CHAIN

6.2 PORTER’S FIVE FORCES MODEL

6.2.1 THREAT OF NEW ENTRANTS

6.2.2 BARGAINING POWER OF SUPPLIERS

6.2.3 BARGAINING POWER OF BUYERS

6.2.4 THREAT OF SUBSTITUTES

6.2.5 RIVALRY

7 GLOBAL HANDHELD COUNTER IED MARKET, BY END USER
7.1 OVERVIEW

7.2 MILITARY

7.3 HOMELAND SECURITY

7.4 GLOBAL HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8 GLOBAL HANDHELD COUNTER IED MARKET, BY REGION
8.1 OVERVIEW

8.2 NORTH AMERICA

8.2.1 NORTH AMERICA: HANDHELD COUNTER IED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

8.2.2 NORTH AMERICA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.2.3 US

8.2.3.1 US: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.2.4 CANADA

8.2.4.1 CANADA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.3 EUROPE

8.3.1 EUROPE: HANDHELD COUNTER IED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

8.3.2 EUROPE: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.3.3 UK

8.3.3.1 UK: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.3.4 GERMANY

8.3.4.1 GERMANY: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.3.5 FRANCE

8.3.5.1 FRANCE: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.3.6 RUSSIA

8.3.6.1 RUSSIA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.3.7 REST OF EUROPE

8.3.7.1 REST OF EUROPE: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.4 ASIA-PACIFIC

8.4.1 ASIA-PACIFIC: HANDHELD COUNTER IED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

8.4.2 ASIA-PACIFIC: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.4.3 CHINA

8.4.3.1 CHINA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.4.4 JAPAN

8.4.4.1 JAPAN: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.4.5 INDIA

8.4.5.1 INDIA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.4.6 REST OF ASIA-PACIFIC

8.4.6.1 REST OF ASIA-PACIFIC: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.5 MIDDLE EAST & AFRICA

8.5.1 MIDDLE EAST & AFRICA: HANDHELD COUNTER IED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

8.5.2 MIDDLE EAST & AFRICA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.5.3 UAE

8.5.3.1 UAE: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.5.4 ISRAEL

8.5.4.1 ISRAEL: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.5.5 SAUDI ARABIA

8.5.5.1 SAUDI ARABIA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.5.6 REST OF THE MIDDLE EAST & AFRICA

8.5.6.1 REST OF THE MIDDLE EAST & AFRICA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.6 LATIN AMERICA

8.6.1 LATIN AMERICA: HANDHELD COUNTER IED MARKET, BY COUNTRY, 2018–2025 (USD MILLION)

8.6.2 LATIN AMERICA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.6.3 BRAZIL

8.6.3.1 BRAZIL: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

8.6.4 REST OF LATIN AMERICA

8.6.4.1 REST OF LATIN AMERICA: HANDHELD COUNTER IED MARKET, BY END USER, 2018–2025 (USD MILLION)

9 COMPANY PROFILES
9.1 CHEMRING GROUP PLC

9.1.1 COMPANY OVERVIEW

9.1.2 FINANCIAL OVERVIEW

9.1.3 PRODUCTS/SERVICES OFFERED

9.1.4 KEY DEVELOPMENTS

9.1.5 SWOT ANALYSIS

9.1.6 KEY STRATEGIES

9.2 RAPISCAN SYSTEMS

9.2.1 COMPANY OVERVIEW

9.2.2 FINANCIAL OVERVIEW

9.2.3 PRODUCTS/SERVICES OFFERED

9.2.4 KEY DEVELOPMENTS

9.2.5 SWOT ANALYSIS

9.2.6 KEY STRATEGIES

9.3 PKI ELECTRONIC INTELLIGENCE GMBH

9.3.1 COMPANY OVERVIEW

9.3.2 FINANCIAL OVERVIEW

9.3.3 PRODUCTS/SERVICES OFFERED

9.3.4 KEY DEVELOPMENTS

9.3.5 SWOT ANALYSIS

9.3.6 KEY STRATEGIES

9.4 GUARTEL TECHNOLOGIES LTD

9.4.1 COMPANY OVERVIEW

9.4.2 FINANCIAL OVERVIEW

9.4.3 PRODUCTS/SERVICES OFFERED

9.4.4 KEY DEVELOPMENTS

9.4.5 SWOT ANALYSIS

9.4.6 KEY STRATEGIES

10 APPENDIX
10.1 REFERENCES