With a 2007-2012 CAGR of 15.7%, the standoff threat detection systems market is forecast to be one of the fastest growing counter-IED markets. According to a recent research report by Homeland Security Research Corp. (HSRC), 2008-2012 Global Counter-IED Markets and Technologies Forecast, novel approaches to detecting and in some cases defeating threats from buried IEDs, suicide bombers and vehicle-borne IEDs (VBIED) will be deployed in a variety of locations with a forecasted increased demand for standoff suicide bombers detection systems.
A cumulative 2007-2012 market for $5.6B will be awarded to those that can overcome some of the major technological challenges, including the ability to detect the IED at a distance of at least 50 yards from any damageable target with minimal false alarms.
Among other subjects, the new research report covers the following:
1. 2008-2012 EU & US Services and Upgrades Market forecasts - (2008-2012 aggregate market exceeding $28B)
2. 2008-2012 EU & US Systems Market Forecasts – (2008-2012 aggregate market exceeding $43B)
3. Business Opportunities - The report outlines 15 distinct business opportunities, attractive to new as well as established players.
4. Analysis and Forecast of Current and Evolving Technologies – With several new technologies maturing simultaneously, the report provides a roadmap to the transition from existing to upcoming solutions - what will drive them and how, and what might inhibit the transition.
For more information visit
http://www.homelandsecurityresearch.com/
