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(EuropeNewsWire.Net, November 07, 2018 ) Counter IED System Market 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.
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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.
The "Global Counter IED System Market Analysis to 2025" is a specialized and in-depth study of the counter IED system industry with a focus on the global market trend. The report aims to provide an overview of global counter IED system market with detailed market segmentation by deployment type, systems, end users, and geography. The global counter IED system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
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.
The Major Key Market Players:
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
Besides this, the report analyzes factors affecting 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 covers Porter's Five Forces such as bargaining power of buyers, bargaining power of suppliers, threats to substitutes, threats to new entrants, and competitive rivalry.
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Also, key counter IED system market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Israel Aerospace Industries Ltd., Defence Land Systems India (DLSI), Lockheed Martin Corporation, Northrop Grumman Corporation, Thales Group, Boeing Defense, iRobot Corporation, Netline Communications Technologies, Rheinmetall Defense, and Harris Corporation.
Reason to Buy:
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- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Counter IED System Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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