Active Protection System Market Overview
The Active Protection System Market research is based on forecasts from major organizations as well as market statistics. The Active Protection System analysis at global, regional and national market levels has been provided in the report with the competitive scenario for predicted periods and individual firm valuations.
Active Protection System Market is expected to reach US $ 5.40 billion by 2029, thanks to growth in the land-based segment. The report analyzes Active Protection system market dynamics by region, platform, kill system, and solution.
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Active Protection System Market Segmentation
by Platform
Land-Based
Airborne
Marine
The market for active protection systems is divided into three segments based on platform: land-based, airborne, and maritime. The land-based category includes armored personnel carriers (APCs), infantry fighting vehicles (IFVs), mine-resistant ambush-protected (MRAPs), light protected vehicles (LPVs), amphibious armored vehicles (AAVs), and main battle tanks (MBTs). The Land-Based industry held the lion's share of the market in 2020.
The US government's superiority is a result of increased funding from private businesses for the purchase of combat vehicles and defense equipment. In November 2019, an agreement was signed by the US Army and Leonardo DRS to purchase an APS and its parts for the Abrams main combat tanks.
by Kill System
Soft Kill System
Reactive Armor
Hard Kill System
The market for active protection systems is divided into three segments based on the type of system: soft kill, reactive armor, and hard-kill. There are various kinds of soft kill systems, such as an infrared decoy, radar decoy, and electro-optic jammer. The soft kill system uses decoys, jammers, munitions, and signature reduction strategies to deflect an enemy's missile as it approaches. The soft-kill system category is anticipated to have the largest market share throughout the course of the projected period. This expansion can be attributed to the US military forces' growing use of laser warning receiver systems.
by Solution
Hardware
Software
Active Protection System Market Key Players
1. Airbus SAS
2. Artis LLC
3. Aselsan AS
4. Israel Military Industries
5. KBM
6. Rafael Advanced Defense System Ltd.
7. Raytheon Technologies Corporation
8. Rheinmetall AG
9. SAAB AB
10.Safran
11.IMI Systems
12.Krauss Maffei Wegmann
13.General Dynamics
14.Others
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Active Protection System Market Report Scope and Research Methodology
The main objective of this report is to identify and analyze the profiles of the leading players operating in the global Active Protection System market. The bottom-up approach was used to estimate the global and regional Active Protection System market size. The report provides historical, current, and future data on the Active Protection System market, based on company, segments, and regional distribution. This data was collected through exhaustive primary and secondary research.
The report also provides a detailed analysis of Active Protection System industry trends and developments, including market drivers, restraints, opportunities, and challenges. PESTLE, PORTER, and SWOT analyses were used by MMR to obtain accurate insights and understand the Active Protection System market from different perspectives.
Active Protection System Market Regional Insights
The regional analysis in the report provides insights into the Active Protection System market in different countries. The report covers the following regions:
North America: The United States, Canada, and Mexico
Europe: France, Netherlands, Switzerland, United Kingdom, Germany, Russia, Belgium, Turkey, Spain, Italy, and Rest of Europe
Asia Pacific: China, India, Japan, South Korea, Malaysia, Singapore, Thailand, Australia, Indonesia, Philippines, and Rest of Asia Pacific
Middle East and Africa: Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of Middle East and Africa
South America: Argentina, Brazil, and Rest of South America
The report provides a detailed analysis of the Active Protection System market in each region, including market size, growth drivers, and challenges. This information can be used by businesses to identify opportunities and challenges in different markets and make informed decisions about their international expansion strategies.
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Key questions answered in the Active Protection System Market are:
- Which segment dominated the global Active Protection System market?
- How the Active Protection System market segments are expected to develop in the global market?
- Who are the major players in the industry that are expected to dominate the global Active Protection System market?
- How have the most successful companies in the Active Protection System industry planned for future growth and expansion?
- What are the Active Protection System emerging trends in the Active Protection System market?
- What was the Active Protection System market size in 2022?
- Which region held the largest Active Protection System market share in 2022?
Key Offerings:
- Market Share and Size
- Market Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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