Press release
Active Protection System (APS) Market: Global Industry is Expected to Grow at a CAGR of 7.1% to 2027 – Top Key Players General Dynamics, Safran Electronics & Defense, and KBM Group LLC
Active Protection System Market
Rising demand for land based defense systems and ballistic missile defense systems, fast-paced expansion of anti-tank missiles and growing implementation of RPG shield initiatives are some of the key trends that will contribute to the growth of this market in the forecast period. On the contrary, limited number of suppliers is the major factor creating a negative hurdle in the market.
Some of the key players of the Active Protection System (APS) market include:
General Dynamics, Safran Electronics & Defense, KBM Group LLC, Artis, LLC, Aselsan A.S., Raytheon Company, Israel Military Industries, Airbus Group, Rafael Advanced Defense Systems Ltd., Saab AB, Rheinmetall AG and Norinco Group.
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Based on kill system type, hard-kill type segment accounted for the largest market share during the forecast period owing to the expansion of both soft kill and hard kill functionalities and improved adoption of this trend by many manufacturers are contributing for the segment growth.
Depending on geography, Europe is the major contributor for the APS market during the forecast period. Factors such as increasing efforts by government to modify their range of military platforms with the new weapons and technologies and rising initiatives to reinforce the combat abilities are some trends boosting the regional market.
Furthermore, consumption market share for each application is offered in the research for 2017 in a tabular format. Regional analysis is discussed in terms of current market status and growth prospects for the period, 2012–2023. Geographies analyzed in the study are North America, Europe, Asia Pacific, South America and Middle East & Africa. Statistics on revenue and growth rate for each region are mentioned with the help of figures for the historic period and the forecast period.
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Kill System Types Covered:
• Reactive Armor
• Soft Kill System
• Hard Kill System
Platforms Covered:
• Naval
• Land-Based
• Airborne
Table of Contents
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Active Protection System (APS) Market, By Kill System Type
6 Global Active Protection System (APS) Market, By Platform
7 Global Active Protection System (APS) Market, By End User
8 Global Active Protection System (APS) Market, By Geography
9 Key Developments
10 Company Profiling
10.1 General Dynamics
10.2 Safran Electronics & Defense
10.3 KBM Group LLC
10.4 Artis, LLC
10.5 Aselsan A.S.
10.6 Raytheon Company
10.7 Israel Military Industries
10.8 Airbus Group
10.9 Rafael Advanced Defense Systems Ltd.
10.10 Saab AB
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Research for Markets
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Email: alan.naidu@researchformarkets.com
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