Improvised explosive devices (IED) have been brutally effective weapons of insurgents in Iraq and Afghanistan, and increasingly, in other parts of the world. IEDs have been blamed for thousands of deaths of military personnel and also civilians. The US and its allies have responded has responded to the IED threat by spending billions of dollars on vehicles, equipment, personnel and training for counter-IED and explosive ordnance disposal (EOD) missions. This has provided very strong demand in recent years in the counter-IED market. However, demand is expected to decline from these high levels with the continuing US and allied withdrawal from Iraq and the imminent drawdown in Afghanistan. Based on visiongain’s research, global spending on counter-IED systems amounted to $7.7bn in 2009. However, Visiongain finds a market in decline, albeit still retaining robust value due to the central importance placed on countering IEDs.
This new report, The Counter-IED Market 2010-2020: Systems and Technologies for Force Protection, provides an analysis of the global market for mine-resistant vehicles, electronic countermeasures mainly in jammers, IED detection equipment and unmanned systems purposely designed for IEDs. This report examines corporate announcements and news accounts, policy documents, reports of relevant contracts and original expert views from industry, to analyse how the counter-IED systems market will develop during the period 2010 to 2020.
The global submarkets in this counter-IED market report include the following:
Mine-resistant vehicles
Electronic countermeasures or jammers
Detection systems
Unmanned systems
The report also separately assesses and forecasts the following two categories of counter-IED systems –
· Manned systems
· Unmanned systems
The Counter-IED Market 2010-2020 finds that the peak of spending in counter-IED systems has passed and thus demand is expected to fall through the next decade. However, the overall value of the market will remain robust and provide significant commercial opportunities.
If you would like further information about visiongain's new report, The Counter-IED Market 2010-2020: Systems and Technologies for Force Protection, please click on: http://www.visiongain.com/Report/534/The-Counter-IED-Market-2010-2020-Systems-and-Technologies-for-Force-Protection
Alternatively please send an email to: sara.peerun@visiongainglobal.com
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Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call on +44 (0) 207 549 9987
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Telecoms, Pharmaceutical, Defence and the Energy sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.