Press release
Active Protection System Market Growth Statistics to Make Multi-Billion Dollar Market during 2019 – 2023
Active Protection System
Active protection systems are capable of shooting down and interrupting threats such as anti-tank missiles and rocket-propelled grenades. Moreover, they do it with a great degree of accuracy which minimizes collateral damage. Active protection system can also provide protection from these threats in various mission applications, such as fixed sites, ships, and combat vehicles, among others. Because of so many unique perceived benefits, active protection systems are seeing their demand rise.
Scope of the Report:
The global Active Protection System market is valued at 4110 million USD in 2017 and is expected to reach 5610 million USD by the end of 2023, growing at a CAGR of 6.4% between 2017 and 2023.
This report studies the Active Protection System market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Active Protection System market by product type and applications/end industries.
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.
The use of active protection systems in defense has increased considerably in the past few years, mainly driven by the rise in the number of warfare platforms being manufactured worldwide. These warfare platforms require systems that can help detect, track, and defend against incoming threats.
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Market Segment by Type, covers
Soft Kill System
Hard Kill System
Market Segment by Manufacturers, this report covers
Rafael Advanced Defense Systems Ltd.
KBM
Israel Military Industries
Rheinmetall AG
Raytheon Company
Artis, LLC
Saab AB
Aselsan A.S.
Safran Electronics & Defense
Airbus Defense and Space
This report studies the global Active Protection System market, analyzes and researches the Active Protection System development status and forecast in
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Market Segment by Applications, can be divided into
Air Defense
Ground Defense
Table of Contents
1 Active Protection System Market Overview
1.1 Product Overview and Scope of Active Protection System
1.2 Classification of Active Protection System by Types
2 Manufacturers Profiles
3 Global Active Protection System Market Competition, by Players
4 Global Active Protection System Market Size by Regions
5 North America Active Protection System Revenue by Countries
6 Europe Active Protection System Revenue by Countries
7 Asia-Pacific Active Protection System Revenue by Countries
8 South America Active Protection System Revenue by Countries
9 Middle East and Africa Revenue Active Protection System by Countries
10 Global Active Protection System Market Segment by Type
11 Global Active Protection System Market Segment by Application
12 Global Active Protection System Market Size Forecast (2018-2023)
13 Research Findings and Conclusion
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