(EMAILWIRE.COM, February 02, 2019 ) The Global Active Protection System Market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Active Protection System development in United States, Europe and China.
This report studies the Active Protection System market, Active Protection Systems (APSs) are subsystems integrated into or installed on a combat vehicle to automatically acquire, track, and respond with hard or soft kill capabilities to a variety of threats, including rocket-propelled grenades (RPGs) and anti-tank guided missiles (ATGMs). APS technologies are not new, and a number of nations have already employed APS on the battlefield.
The proliferation of advanced RPGs and ATGMs is of concern to some defense officials and policymakers. These weaponsRPGs in particularhave been particularly popular with insurgents because they are readily available, relatively inexpensive, and require little training. Technical and operational challenges to APS include being able to work under extremely demanding circumstances and compressed timelines, robustness against countermeasures, minimizing the threat to friendly forces and civilians, being compatible with the space and power allocated to it on the vehicle, and affordability.
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Factors such as modernization of armed forces, rise in asymmetric warfare, and rising need for security from different types of weapon systems are expected to drive the market during the forecast period.
The use of active protection systems in defense has increased considerably in the past few years, mainly driven by the rise in the number of warfare platforms being manufactured worldwide. These warfare platforms require systems that can help detect, track, and defend against incoming threats.
On the basis of platform, the active protection system market has been segmented into air defense and ground defense. The land segment is projected to keep being the major market during the forecast period. The rising demand for active protection systems can be attributed to several factors, including increasing focus on close combat systems, upgradation of existing armored platforms, need for connected warfare systems, and safety of soldiers in a war-like situation, among others.
In 2018, the global Active Protection System market size was 4110 million US$ and it is expected to reach 6310 million US$ by the end of 2025, with a CAGR of 6.3% during 2019-2025.
The key players covered in this study
Rafael Advanced Defense Systems
KBM
Israel Military Industries
Rheinmetall AG
Raytheon Company
Artis, LLC
Saab AB
Aselsan
Safran Electronics & Defense
Airbus Defense and Space
Market segment by Type, the product can be split into
Soft Kill System
Hard Kill System
Market segment by Application, split into
Air Defense
Ground Defense
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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The study objectives of this report are:
To analyze global Active Protection System status, future forecast, growth opportunity, key market and key players.
To present the Active Protection System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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