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(Transportation-News.com, December 12, 2017 ) Counter IED System is used for detecting explosives and explosive components by using improvised explosive devices (IEDs). These devices are being triggered from safest distance by operator via remote control such as wrist watch and mobile phones. The major factor for driving counter IED system market is due to the growth in terrorist activities across the world and technological innovation in IED detection systems. Furthermore, the increasing demand for unmanned systems like driverless trucks and lighter robots, and demand for counter-IED equipment for homeland security will also boost the market.
The factor acting as a restraint to the growth of market for counter IED is the high cost of the research and development which in turn increases the price of final product, may hamper the counter IED system market. However, the increasing demand of these system mainly in developing countries will create new opportunities in the market of counter IED system in the forecast period.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global counter IED system market based on deployment type, systems, and end users. It also provides market size and forecast till 2025 for overall counter IED system market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
List of Companies
1. Israel Aerospace Industries Ltd.
2. Defence Land Systems India (DLSI)
3. Lockheed Martin
4. Northrop Grumman Corporation
5. Thales Group
6. Boeing Defense
7. iRobot Corporation
8. Netline Communications Technologies
9. Rheinmetall Defense
10. Harris Corporation
Complete Report is Available at http://www.theinsightpartners.com/reports/counter-ied-system-market
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