DUBLIN--(BUSINESS WIRE)--The "Counter-IED - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Counter-IED market worldwide is projected to grow by US$379 Million, driven by a compounded growth of 2.8%
Military, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.8 Billion by the year 2025, Military will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 3.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$20.4 Million to the region's size and clout in the next 5 to 6 years. Over US$17.5 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Military will reach a market size of US$132.8 Million by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 2.6% over the next couple of years and add approximately US$63.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Allen-Vanguard Corp.
- Chemring Group PLC
- Elbit Systems Ltd.
- General Dynamics Corporation
- Harris Corporation
- L3 Technologies, Inc.
- Lockheed Martin Corporation
- Netline Communications Technologies (NCT) Ltd.
- Northrop Grumman Corporation
- Raytheon Company
- Sierra Nevada Corporation
- SRC, Inc.
- Thales Group
For more information about this report visit https://www.researchandmarkets.com/r/cavqj0