Global Active Protection System Market Size, Status and Forecast 2021-2027

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 weapons—RPGs in particular—have 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.
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.

Market Analysis and Insights: Global Active Protection System Market
The global Active Protection System market size is projected to reach US$ 7651.8 million by 2027, from US$ 4989.2 million in 2020, at a CAGR of 6.3% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Active Protection System market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Active Protection System market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Active Protection System market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Active Protection System market.

Global Active Protection System Scope and Market Size
Active Protection System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Active Protection System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Soft Kill System
Hard Kill System

Segment by Application
Air Defense
Ground Defense

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Rafael Advanced Defense Systems
KBM
Israel Military Industries
Rheinmetall AG
Raytheon Company
Artis, LLC
Saab AB
Aselsan
Safran Electronics & Defense
Airbus Defense and Space