Global Active Protection System
Market Report
2024
Active Protection System Market will be USD 3.1 billion in 2024 and expand at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Active Protection System Market will be USD 3.1 billion in 2024 and expand at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Active Protection System Market Sales Revenue 2024 | $ 3.1 Billion |
Global Active Protection System Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.8% |
Market Split by Platform |
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Market Split by Kill System |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Active Protection System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An active protection system stops anti-tank missiles or projectiles from acquiring and/or killing a target (usually for military objectives). Soft-kill measures are electronic countermeasures that alter a target's electromagnetic, acoustic, or other signatures, hence influencing the tracking and sensing behaviour of an incoming danger (e.g., guided missile). In addition, the rising demand for land-based defense systems and ballistic missile defense systems is one of the primary drivers of the worldwide active protection systems market. Active protection systems can intercept and shoot down anti-tank missiles and rocket-propelled grenades. Furthermore, they do it precisely, minimizing collateral damage. Furthermore, active protection systems can provide defence against these threats in a wide range of mission applications, including stationary installations, ships, and combat vehicles, among others.
Growing Threat of Ballistic and Guided Missile Attacks - The growing threat of ballistic and guided missile assaults in diverse regions has increased the demand for active defense systems. Countries and defense organizations are investing in APS to improve the survivability and protection of military vehicles, planes, and ships. For instance, Israel's Trophy APS has been installed on Israeli Defence Forces Merkava tanks to detect and destroy incoming bullets, thereby minimizing the risk to crew and equipment. Modernization and Upgrade of Military Platforms
High development and integration costs Technical challenges and system integration
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In October 2021, Rheinmetall demonstrated its next-generation technology (HX3 Tactical Truck) at the AUSA Annual Meeting & Exposition (Washington), which answers the US Army's most pressing modernization issues. It includes enhanced crew protection, more mobility, superior driving comfort, and a digital interface architecture.
(Source: https://www.rheinmetall.com/en/products/logistic-vehicles/military-trucks/hx3-generation)
Top Companies Market Share in Active Protection System Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the worldwide APS market because of its strong defense capabilities, substantial defense budget, and the presence of important industry competitors in the region. The United States, in particular, is at the forefront of APS adoption, motivated by a desire to modernize military equipment and ensure the safety of its armed forces. Raytheon Technologies Corporation, a major defense technology business that provides sophisticated APS solutions, is a notable example in North America. Raytheon's Trophy APS, a combat-proven system, offers armored vehicles 360-degree protection by intercepting and neutralizing incoming threats. Raytheon Technologies Corporation, which has a significant market share in North America, plays an important role in shaping the region's dominance in the global market.
During the projected period, the Asia Pacific market is expected to develop at the fastest rate. This growth can be attributed to China's growing APS purchases. Furthermore, the market is expected to profit from rising demand for main battle tanks, armored personnel carriers, infantry fighting vehicles, and amphibious armored vehicles from emerging economies like China and India. This market is likely to provide significant opportunities throughout the rest of the world. This strong growth is due to increased private-sector funding on low-cost APS technology to improve the operating performance of light-protected vehicles in Africa and Latin America.
The current report Scope analyzes Active Protection System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Active Protection System Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Active Protection System Industry growth. Active Protection System market has been segmented with the help of its Platform, Kill System End User, and others. Active Protection System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Active Protection System market.
Platform of Active Protection System analyzed in this report are as follows:
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According to Cognitive Market Research, the soft-kill system category is expected to have the most market share during the forecasted period. Hard-kill weapons include rocket/missile, gun, and reactive armor-based weaponry that physically counterattacks an approaching threat in order to destroy/alter its payload/warhead in such a way that the intended effect on the target is significantly reduced. This rise is due to the US military forces' greater employment of laser warning receiver systems.
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Research Associate at Cognitive Market Research
Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.
Anjali is a results-driven research analyst with a passion for transforming complex information into strategic insights. Grounded in a solid expertise in research and analysis in aerospace and defence category. She thrive on the challenges of data exploration and analysis.Her goal is to provide organizations with the actionable intelligence they need to navigate an ever-evolving business landscape and succeed in their business goals.
In her current role, Anjali manages research for aerospace and defence category, leading pivotal research initiatives, delving into market trends, consumer behavior, and competitive landscapes. She possess a proven ability to decipher intricate datasets, employing statistical models and visualization tools to deliver strategic insights. Collaborating seamlessly with cross-functional teams.She played a key role in shaping successful business strategies grounded in robust research.She dedicated to staying at the forefront of research methodologies and industry advancements. Anjali remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Active Protection System Market is witnessing significant growth in the near future.
In 2023, the Ground segment accounted for noticeable share of global Active Protection System Market and is projected to experience significant growth in the near future.
The Soft Kill System segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Rheinmetall AG (Germany) , Raytheon Company (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
The Active Protection System (APS) market focuses on technologies designed to detect and neutralize incoming threats, such as missiles and projectiles, targeting armored vehicles and critical infrastructure.
Disclaimer:
Platform | Ground, Airborne, Marine |
Kill System | Soft Kill System, Hard Kill System, Reactive Armor |
End User | Defense, Homeland Security |
List of Competitors | Rheinmetall AG (Germany), Saab AB (Sweden), Raytheon Company (US), Airbus (Netherlands), Aselsan AS (Turkey) |
This chapter will help you gain GLOBAL Market Analysis of Active Protection System. Further deep in this chapter, you will be able to review Global Active Protection System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Platform Analysis 2019 -2031, will provide market size split by Platform. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Platform Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Kill System Analysis 2019 -2031
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Chapter 12 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Active Protection System market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Ground have a significant impact on Active Protection System market? |
What are the key factors affecting the Ground and Airborne of Active Protection System Market? |
What is the CAGR/Growth Rate of Soft Kill System during the forecast period? |
By type, which segment accounted for largest share of the global Active Protection System Market? |
Which region is expected to dominate the global Active Protection System Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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