Counter IED Market Analysis

The counter IED market is segmented by deployment into airborne mounted, ship mounted, vehicle mounted, handheld and others, out of which, the airborne mounted segment is anticipated to grow at the highest CAGR on the back of rising use of airborne platforms by militaries of different countries in order to detect improvised explosive devices which are planted underground. Furthermore, the growth of this segment is also assessed to increase over the forecast period as these platforms are added with several types of payload and sensors to detect IEDs at different ranges. Additionally, on the basis of end users, the military segment is projected to occupy the largest market share during the forecast period owing to the increasing usage of counter IED equipment by military to tackle with the threats posed to public and private properties.

Our in-depth analysis of the global counter IED market includes the following segments