
The global Active Protection System Market is projected to grow from USD 3.9 billion in 2022 to USD 5.2 billion by 2027, at a CAGR of 5.5% during the forecast period. The market report "Active Protection System Market by End User (Defense, Homeland Security), Platform (Ground, Marine, Airborne), Kill System Type (Soft Kill System, Hard Kill System, Reactive Armor) and Region (North America, Europe, APAC, RoW) - Global Forecast to 2027" analyzes the market trends, drivers, and challenges influencing the growth of the market.
One of the major driving factors for the demand of active protection systems is the growing adoption of advanced military technology for homeland security. These systems amplify the defensive capabilities of land platforms and provide greater safety to soldiers in war and during anti-terrorist operations. Active protection systems can be mounted on land platforms such as main battle tanks, light protected vehicles, infantry fighting vehicles, amphibious armored vehicles, and mine-resistant ambush protected vehicles, among others.
Get More Information Request Sample Copy (Get Higher Priority for Corporate email ID): https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5804076
By platform, the ground segment is expected to lead the market during the forecast period. The defense end-use market has the highest share in the forecasted period, as active protection systems can be mounted on almost every platform, such as combat vehicles, naval ships, and military aircraft. The primary function of active protection systems is to intercept, jam, confuse, and destroy incoming threats.
Soft kill systems segment has the highest share in the forecasted period. Soft kill systems are widely used on most warfare platforms worldwide to confuse and divert threats from targets. Soft kill measures include the deployment of chaffs, decoys, smokes, lasers, and jammers, among others, depending on the type of threat to be engaged.
Europe has the highest share in the forecasted period. The active protection system market in Europe has been studied for Russia, the UK, Germany, and France. It is projected to grow at a CAGR of 5.9% during the forecast period, driven by the emergence of Russia as a growing superpower in the region, which requires other European economies to develop and modernize their military capabilities. Furthermore, the recent Russia-Ukraine conflict and terrorist attacks in different parts of Europe by the Islamic State of Iraq and Syria (ISIS) are also fueling the demand for active protection systems in the region.
Key players in the active protection system market include Rheinmetall AG, Saab AB, Raytheon Company, Airbus, and Aselsan AS. The players are mainly resorting to contracts to drive their growth in the active protection system market. Players also focused on entering new markets by launching technologically advanced and cost-effective products.
In conclusion, the active protection system market is expected to grow at a steady rate during the forecast period. The demand for active protection systems is driven by the growing adoption of advanced military technology for homeland security, the need to amplify the defensive capabilities of land platforms, and the rise in terrorism and conflict. The market is expected to see growth in the ground platform segment, the defense end-use market, and the soft kill systems segment. Europe is projected to lead the market in the forecasted period, with key players focusing on entering new markets by launching technologically advanced and cost-effective products.
Our Other Publications:
Homeland Security and Emergency Management Market by Vertical (Homeland Security, Emergency Management), Solution (Systems, Services), Installation (New Installation, Upgrade), End Use, Technology, and Region (2021-2026)
Aviation Fuel Market by Fuel Type (Conventional Fuel-Air Turbine Fuel, Avgas, Sustainable Fuel- Biofuel, Hydrogen Fuel, Power-To-Liquid, Gas-To-Liquid), Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicle) & Region- Global Forecast to 2030
Full-Body Scanners Market by End Use (Transport, Critical Infrastructure), Technology (X-ray, millimeter wave), Type (single view, dual view, 3D), Detection (Manual, Automatic) Component (Hardware, Software) and Region - Global Forecast to 2027
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441