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Countermine And Counter-IED Equipment Market By End-Users (Military, Law Enforcement) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

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Credence Research Inc

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2 years ago

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The use of landmines became widespread during the Second World War, where its main motive was to injure rather than to kill. Even after the war, many of these explosives are still active in the regions of conflict and often cause severe damage to civilians stepping on them. In 1997, 162 countries signed the Ottawa Treaty and pledged to stop its production and use. However, modern warfare has seen landmines to be increasingly replaced by improvised explosive devices, usually known as IEDs. IEDs pose a substantial threat to civilians and soldiers across the globe. Recent domestic events involving IEDs include the San Bernardino attack, Boston Marathon bombings, New York/New Jersey bombings and few others. Similarly, IEDs have been used in several other attacks in Europe such as the recent bombings in Brussels, Paris and Manchester. The magnitude of the threat of these explosives can be understood from the fact that between 2011 and 2015, it was responsible for a total of more than 100,000 civilian casualties.

 

With the increasing use of IEDs, counter-IEDs have evolved, creating a new kind of arms race. Both sides have witnessed fast learning and have invested substantial resources in outwitting the other. Countermine and counter-IED equipment refer to equipment designed to detect, mitigate and dispose landmines and IEDs. These equipment can range from body armors to sophisticated counter-explosive vehicles. The importance of these equipment lies in the fact that they have the capability to significantly reduce casualties.

 

The countermine and counter-IED equipment market growth can be attributed to increasing instances of attacks involving IEDs. The unconventional warfare has seen an astounding growth in the use of IEDs making it the single most cause of casualties from explosive violence worldwide. Terrorist outfits such as the Islamic State in Iraq and Syria (ISIS) and Boko Haram have constantly been using these explosives against counter-forces and civilians, often causing significant damage to life and property. Moreover, defense modernization programs have also resulted in the increased adoption of countermine and counter-IED equipment. Several countries in the world such as the U.S., China and India among others have increased their defense budgets in 2017, thereby driving the demand for defense equipment (such as countermine and counter-IED). Geopolitical disturbances developing between countries is another important factor driving the market growth.

 

Some of the major players profiled in the report are Allen-Vanguard Corporation, General Dynamics Corporation, Lockheed Martin Corporation, Chemring Group PLC, Raytheon Company, Northrup Grumman Corporation, Elbit Systems Ltd., Sierra Nevada Corporation, L3 Technologies, Inc. and Harris Corporation among others.

 

On the basis of end-users, the global countermine and counter-IED equipment market is segmented into the following categories:

  • Military
  • Law Enforcement

 

The military segment led the overall countermine and counter-IED equipment market in 2016 in terms value and contributed to over 75% of the total market. The military segment growth is attributed to various defense modernization programs being implemented across countries such as the U.S., the U.K., China and India. Moreover, rising geopolitical tension between nations has created a hostile environment, leading to higher expenditure over countermine and counter-IED equipment. Furthermore, unconventional mode of warfare has created additional demand for countermine and counter-IED equipment in military segment.

 

Improving focus towards enhancing internal security is one of the primary factors bolstering the adoption of counter mine and counter-IED equipment in the law enforcement sector. Moreover, increasing terrorist threats is another important factor which has led to various police and security organizations procuring these equipment. Portable jammers have witnessed an increased adoption in law enforcement sector in the recent past owing to wide use of Radio Controlled Improvised Explosive Devices (RCIED). Portable jammers are used to protect VIPs in cases of RCIED attack threats against them. This factor is expected to drive the law enforcement segment growth in the following years.

 

Based on the geography, the global countermine and counter-IED equipment market is segmented as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East & Africa (MEA)
    • Latin America

 

North America leads the global countermine and counter-IED equipment market contributing to more than 35% of the overall market size in 2016. The market growth in this region is attributed to high adoption of these equipment by the U.S. military in order to counter the growing threats of IED attacks. Moreover, higher defense budget is another prominent factor supporting the market growth. In September 2017, The U.S. Senate approved a US$700 Bn defense policy bill for the fiscal year 2018 as a result of President Donald Trump’s call for a bigger and stronger military.

 

The RoW region is expected to witness a significant growth during the forecast period as a result of high procurement of countermine and counter IED equipment by the countries in this region. The region is home to some of the most violent terrorist outfits such as the Islamic State in Iraq and Syria (ISIS) and Boko Haram, which widely use IEDs against the counter forces. According to data published by Action on Armed Violence (AOAV), the countries that have witnessed the most IED attacks between 2011 and 2016 include Syria, Iraq and Nigeria. The large scale usage of IEDs and their ability to cause civilian harm has been of great concern in these countries. Thus, these factors are expected to aid the countermine and counter IED equipment market growth in the region.

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