Global Active Protection Systems Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026

MarketResearch.Biz delivers in-depth insights in its upcoming report titled “Global Active Protection Systems Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global active protection systems market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the global active protection systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report offers insightful and detailed information regarding the various key players operating in the global market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global active protection systems market report has been segmented on the basis of platform type, system type, end user, and region.

Active Protection Systems (APS) or ‘Active Defense Suite’ are novel survivability concepts developed to provide protection to Armored Fighting Vehicles (AFVs) – mainly battle tanks, light tanks, armored infantry fighting vehicles, and wheeled armored vehicles. An active protection system is designed to detect, track, intercept, and utilize various means of protection, which are activated at a distance that is ideally safe from the defended vehicle, and is used to destroy, disrupt, or degrade an incoming missile or projectile. This ideally reduces or eliminates its penetration capability as well as reduces the lethal effects of the threat and ensures vehicle survival. Active protection system can also provide protection from threats in various mission applications such as fixed sites, ships, and combat vehicles, among others.

Major factor driving growth of the global active protection systems market is geo-political tensions, and political instability in various countries around the globe. Increasing terror activities, and attacks by Islamic State of Iraq and the Levant (ISIS) – locally known by its Arabic acronym ‘Daesh’ – in a number of countries is prompting governments of various countries to take defensive measures. Robust demand for land-based defense systems and for ballistic missile defense systems, research and development undertaken to develop advanced technology-based designs of combat systems, modernization of existing fleets, increasing military use of offensive weapons for tactical operations, etc. are other primary factors driving increase in adoption of active protection systems globally.

Currently, the market in North America dominates the global market, accounting for maximum revenue share, followed by the market in Europe, while the market in Asia Pacific is expected to witness highest growth in the coming years. Rising geo-political tensions in the Middle Eastern region is boosting growth of the global active protection systems market to a significant extent.  Also, collective efforts by governments of the U.S. and South Korea to build land-based air and missile defense system in South Korea is a macro-economic factor boosting growth of the active protection systems market. Likewise, India and China’s efforts to upgrade defense systems is fueling growth of the global active protection systems market.

Market segmentation:

Global market segmentation by platform:

• Land
• Naval
• Airborne

Global market segmentation by system type:

• Radar Decoy
• Electro-Optics Jammers
• Infrared Decoy
• Directed Energy
• Light Weapon Defense
• Rocket/Missile Based

Global market segmentation by end user:

• Defense
• Homeland Security

Global market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Airbus Group
• Artis, LLC
• Aselsan A.S.
• Israel Military Industries
• KBM
• Rafael Advanced Defense Systems Ltd.
• Raytheon Company
• Rheinmetall AG
• Saab AB