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Active Protection System Market

Global Active Protection System Market Report Information by Platform (Airborne, Land-based, Naval), by Type (Hard kill system, Soft kill system), by End-User (Defense, Homeland Security), and by Region - Forecast Till 2023

Global Active Protection System Market Report Information by Platform (Airborne, Land-based, Naval), by Type (Hard kill system, Soft kill system), by End-User (Defense, Homeland Security), and by Region - Forecast Till 2023

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<strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> Research<br />

Report By Forecast To 2023<br />

Industry Survey, Growth, Competitive Landscape<br />

and Forecasts to 2023<br />

PREPARED BY<br />

<strong>Market</strong> Research Future<br />

(Part of Wantstats Research & Media Pvt. Ltd.)


<strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

Global <strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> Report Information by Platform (Airborne, Land-based, Naval), by<br />

Type (Hard kill system, Soft kill system), by End-User (Defense, Homeland Security), and by Region -<br />

Forecast Till 2023<br />

<strong>Active</strong> <strong>Protection</strong> <strong>System</strong>s (APS) are sub-systems combined into or installed on combat vehicles. APS automatically acquire,<br />

track, and respond with hard or soft kill capabilities to a variety of threats, including Rocket-Propelled Grenades (RPGs) and<br />

Anti-Tank Guided Missiles (ATGMs). These protection system are used for detection and neutralization of threat projectiles<br />

before they strike/reach their target.<br />

The fast-paced development of anti-tank missiles will be one of the key factors that will have a positive impact on the<br />

market. The rising improvements and deployment of new-generation anti-tank missiles have induced the need for more<br />

improved APS for ground vehicles. Moreover, the manufacturers of combat vehicles are developing and installing new APS<br />

to guard the crew and their armored vehicles against any damages. For instance, in September 2017, the U.S. Army signed a<br />

contract with General Dynamics. This contract was related to the installation of the Trophy system on new and existing<br />

combat vehicles of the U.S. Army. Such developments will drive the demand for APS.<br />

The implementation of RPG shield initiatives will be one of the major trends that will contribute to the growth of this<br />

market, in the forecast period. In addition, to overcome encounters, such as the heavy weight of countermeasures and the<br />

limited zone of engagement, APS vendors are constantly focusing on developing innovative and advanced systems. One of<br />

the major vendors, Control Products Corporation, has already developed a patented RPG Shield technology. This technology<br />

is lightweight and consists of a nonstop-rotating drum countermeasure targeting and launching system that offers faster<br />

reaction as compared to the conventional gun and gimbal turret system while shooting incoming RPGs.<br />

Report Sample @ https://www.marketresearchfuture.com/sample_request/6099<br />

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<strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

Based on platform, the active protection system market was dominated by the land-based segment, in 2017. Developing<br />

countries, such as China and India, are building large forces of Infantry Fighting Vehicles (IFV) and armored vehicles. These<br />

countries are investing more in automated technologies and focusing on manufacturing a wide range of fighting vehicles.<br />

For example, In Nov, 2016, India signed an agreement with Russia for 464 T-90 main battle tanks. This will help the country<br />

to improve its defense capabilities significantly.<br />

Depending on type, the global active protection systems market can be divided into soft kill & hard kill systems. The soft kill<br />

systems can be further segmented into infrared decoy, radar decoy, electro-optics jammers, and others. Among these, the<br />

radar decoy segment leads the market and is trailed by infrared decoy segment. The hard kill systems, consisting of<br />

rocket/missile-based APS, light weapon defense APS, directed energy APS, reactive armor, and others are also estimated to<br />

witness steady growth, in the forecast period.<br />

The major factor driving the APS market is geopolitical instabilities and the automation of defense systems. The restraint to<br />

the growth of the market is the growing price of radar systems, which may hinder the APS market. However, the rise in<br />

demand for the expansion of secured network against cyber-attacks will create new opportunities in the market, during the<br />

forecast period. The APS market consists of a limited number of multinational and regional suppliers. The market is in the<br />

expansion stage, and the vendors compete based on innovative technologies and are upgrading their existing systems with<br />

automated systems, focusing on the quality and reliability of the system. In order to withstand the competition, the major<br />

vendors in the APS market would need to recognize and respond to the rising trends of geopolitical situations.<br />

Europe is an emerging region for the active protection system market. One of the key factors driving the European APS<br />

market is the continuous improvement of warfare platforms with newer and advanced technologies. Moreover, Russia and<br />

the U.K are the two major countries that increasingly invest in APS and related technologies.<br />

As a whole, the global active protection system market is estimated to witness a CAGR of more than 7%, during the forecast<br />

period from 2018 to 2023.<br />

Browse Report @ https://www.marketresearchfuture.com/reports/active-protection-system-market-6099<br />

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<strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

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<strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />

Key Players of Global <strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong>:<br />

The key players in active protection system market are Artis, LLC (U.S.), Aselsan A.S. (Turkey), Airbus S.A.S (Netherlands), IMI<br />

<strong>System</strong>s Ltd. (Israel), KBM (Russia), Rheinmetall AG (Germany), Rafael Advanced Defense <strong>System</strong>s Ltd. (Israel), Raytheon<br />

Company (U.S.), Safran (France), and Saab AB (Sweden).<br />

The report for Global <strong>Active</strong> <strong>Protection</strong> <strong>System</strong> <strong>Market</strong> of <strong>Market</strong> Research Future comprises extensive primary research<br />

along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion<br />

leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current<br />

market scenario which includes historical and projected market size in terms of value and volume, technological<br />

advancement, macro economical and governing factors in the market. The report provides details information and<br />

strategies of the top key players in the industry. The report also gives a broad study of the different market segments and<br />

regions.<br />

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