Study on Active Protection System Market highlights key players such as Rheinmetall AG (Germany),Saab AB (Sweden), Raytheon Company (U.S.), Israel Military Industries (Israel),Rafael Advanced Defense Systems Ltd. (Israel), Artis, LLC (U.S.), Airbus Group (Netherlands), KBM (Russia), Aselsan A.S. (Turkey),and Safran Electronics & Defense (France), among others.
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The active protection system market is projected to grow from USD 2.84 billion in 2016 to USD 4.15 billion by 2022, at a CAGR of 6.50% from 2016 to 2022.This market is driven by several factors, such as rising number of wars and cross-border disputes, the rise of asymmetric warfare, and increasing military use of offensive weapons for tactical operations.
However, the declining defense budgets of developed countries may restrain the growth of the active protection system market in the U.S., the U.K., France, and Germany.
- Attractive Opportunities in the Active Protection System Market, 2016-2022
- Active Protection System, By Platform
- Land-Based Segment, By Subsegment
- Airborne Segment, By Subsegment
- Naval Segment, By Subsegment
- Active Protection System, By End User
- Active Protection System, By Kill System Type
- Active Protection System, By Region
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Based on kill system type, the active protection system market has been segmented into soft kill system, hard kill system, and reactive armor. The hard kill system segment is projected to grow at the highest CAGR during the forecast period.
This segment’s high growth can be attributed to the increasing demand for hard kill countermeasures. Hard kill system detects as well as neutralizes an incoming threat of various types, provides a 360-degree protection against modern missiles/projectiles, and is effective against shaped charge warheads.
The Asia-Pacific active protection system market is projected to grow at the highest CAGR during the forecast period. In the Asia-Pacific region, the market in India is projected to grow at the highest CAGR during the forecast period, primarily owing to technological advancements, rising incidences of armed conflict, and war against terrorism.
At present, the land combat systems of the Indian Army is very less equipped with active protection systems.
Key Points From Table Of Content:
6 Industry Trends
6.2 Technology Trends
6.2.1 Soft Kill System
220.127.116.11 Infrared Technology
18.104.22.168 Electro Optical Jammers
6.2.2 Hard Kill System
6.2.3 Reactive Armor
6.2.4 Counter-Directed Energy Weapons
6.2.5 Micro-Electro-Mechanical Systems (MEMS) and Nano Technology
6.2.6 Sensor Fusion
6.3 Innovation & Patent Registrations
Complete report on Active Protection System Market spread across 169 Pages, Profiling 10 Companies and Supported with 121 Tables and 63 Figures is now available at www.rnrmarketresearch.com/active-p…arket-report.html
This report presents a complete analysis of the active protection system market during the forecast period. The active protection system market has been broadly classified on the basis of enduser (defense, homeland security), platform (land, airborne, naval), kill system type (soft kill system, hard kill system, reactive armor), and region.
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