openPR Logo
Press release

Active Protection System Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

03-06-2023 05:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Active Protection System Market is Anticipated to Increase at

Active protection system market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. Nowadays, emerging economies, such as China and India are expanding their armed forces owing to geopolitical conflicts and illegal cross-border activity of terrorists. Increasing defense expenditure and procurement of new generation main battle tanks drive the market growth. For instance, in February 2021, India's defense ministry and the Ordnance Factory Board (OFB) had signed a contract to provide 118 Arjun Mk-1A tanks for the Indian army. These tanks are equipped with active protection system and countermeasure systems.

An active protection system is a close-in weapon system (CIWS) that acts as the last line of defense and is deployed to prevent the incoming projectile from having a direct impact on the target. The phenomenal increase in military budgets of developing and developed nations is further supporting the growth of the active protection system market. Modernization of existing fleets in the naval and land platforms will invite promising growth for the active protection system industry. However, the high-ended maintenance cost is required to upgrade the active protection system to improve the main battle tank's defending capacity, light-protected vehicles, and amphibious armored vehicles. Therefore, the necessity to upgrade active protection system is hindering industry growth opportunities.

To Request a Sample of our Report on Active Protection System Market: https://www.omrglobal.com/request-sample/active-protection-system-market

Active Protection System Market Segmentation

By Platform

· Land

· Naval

· Airborne

By Kill System Type

· Soft Kill System

· Hard Kill System

· Reactive Armor

A full Report of Active Protection System Market is Available @ https://www.omrglobal.com/industry-reports/active-protection-system-market

Regional Analysis

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Company Profiles

· Airbus S.A.S.

· Artis, LLC

· ASELSAN A.S.

· BAE Systems plc

· Elbit Systems Ltd.

· General Dynamics Corp.

· IMI Systems Ltd.

· Israel Military Industries Ltd.

· KBM Corp.

· Kongsberg Gruppen ASA

· Leonardo S.p.A.

· Rafael Advanced Defense Systems Ltd.

· Raytheon Technologies Corp.

· Rheinmetall AG

· Rostec State Corp.

· Saab AB

· Safran Group

· Thales Group

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/active-protection-system-market

https://www.asiatimeskorea.com/news/coccidioidomycosis-%ec%95%bd%eb%ac%bc-%ec%8b%9c%ec%9e%a5-%ec%a0%84%ec%84%b8%ea%b3%84-%ec%82%b0%ec%97%85-%eb%b6%84%ec%84%9d-%eb%af%b8%eb%9e%98-%ec%88%98%ec%9a%94-%eb%b0%8f-2029%ea%b9%8c%ec%a7%80/377146/
https://monblogapple.com/2023/03/02/le-marche-du-reseau-de-stockage-san-fibre-channel-connaitra-une-croissance-enorme-dici-2029/
https://www.diario-ya.com/regionales/%e5%88%b0-2029-%e5%b9%b4%ef%bc%8c%e6%82%a3%e8%80%85%e5%8f%83%e8%88%87%e8%a7%a3%e6%b1%ba%e6%96%b9%e6%a1%88%e5%b8%82%e5%a0%b4%e5%b0%87%e5%87%ba%e7%8f%be%e9%a9%9a%e4%ba%ba%e7%9a%84%e5%a2%9e/466734/
https://revistaeconomiasocial.com/2023/03/02/el-mercado-de-deteccion-de-seguridad-generara-ingresos-record-para-2029/
https://sportmsr.com/el-mercado-de-baterias-a-base-de-plata-sera-testigo-de-un-crecimiento-asombroso-para-2029/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Active Protection System Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029) here

News-ID: 2961131 • Views:

More Releases from Orion Market Research

Textile Market Is Expected to Exhibit Significant Growth Over 2031 / Aditya Birla Group, Arvind, Ltd., BSL, Ltd.
Textile Market Is Expected to Exhibit Significant Growth Over 2031 / Aditya Birl …
Textile Market is projected to grow at a CAGR of 4.8% during the forecast period. The textile sector is an ever-growing market with remarkable growth prospects almost all across the globe. Favourable demographics, increasing per capita income, and a shift in preference toward branded products to drive demand for textile, globally. Superior quality and advantageous trade policies are also estimated to play an imperative role and boost textile exports. Growth in
Stuffed Animal & Plush Toys Market Size, Share, Trends, Demand, Segments, Leading Companies and Forecast till 2031 / The LEGO Group, Mattel, Inc., Hasbro, Inc., Playmates Toys Limited
Stuffed Animal & Plush Toys Market Size, Share, Trends, Demand, Segments, Leadin …
The global stuffed animal & plush toys market is anticipated to grow at a considerable CAGR of 4.2% during the forecast period (2024-2031). The offline distribution channel was the largest segment in the stuffed animal & plush toys market. Offline distribution channels include gift stores, toy stores, hypermarkets, specialty stores, and others. The availability of a wide range of products in these stores is the key growth-driving factor for the segment. Moreover,
Specialty Paper Market Update Report 2024| Industry Trends, Demand, Leading Companies and Segmentation till 2031/ Ahlstrom-Munksjö Oyj, BillerudKorsnäs AB, Domtar Corp.
Specialty Paper Market Update Report 2024| Industry Trends, Demand, Leading Comp …
Specialty Paper Market is projected to grow at a CAGR of over 4% during the forecast period. The key factors that drive the growth of the market include the growth in the labelling and packaging industries. The majority of paper used in the packaging and labelling industry is specialty paper. The rise in disposable and changing lifestyles along with the increased demand for specialty papers in food service, packaging, and
Plant Protein Hydrolysates Market Is Expected to Exhibit Significant Growth Over 2031 / Arla Foods Ingredients Group, Mead Johnson & CO.
Plant Protein Hydrolysates Market Is Expected to Exhibit Significant Growth Over …
Plant Protein Hydrolysates Market is estimated to grow at a considerable CAGR of % during the forecast period. Protein hydrolysates are formed by the hydrolysis of protein. Factors such as the growing demand for plant-based in the sports industry to drive the growth of the global market. Increasing demand for the product as a for infant nutrition, and as a nutraceutical is expected to drive market growth. Additionally, the

All 5 Releases


More Releases for Active

Active Packaging Market To See Huge Growth By 2022-2028 | Amcor, Active Packagi …
According to a new examination on the Active Packaging market, a clear state of affairs of the market environment is available, spanning the modern-day and future status of the market. The scope and chance of being profitable, in addition to the producer profile, production details, and intake tendencies, have all been thoroughly researched within the forecast period. They have a look at presents facts on rising traits and market dynamics
Get active with Tractive
Tractive unveils its new Activity Monitoring feature to keep pets fit Pasching, July 9th, 2020 Here’s a jaw-dropping fact: The Association for Pet Obesity Prevention estimates that over 56% of cats and dogs are overweight. That’s why Tractive, a world market leader in GPS tracking and pet security that’s trusted by pet parents everywhere, is releasing a new activity monitoring feature to keep pets fit as well as safe. Fitness buddy.
Active Packaging Market Development 2018-2023 With Growth Strategies of Top Comp …
The terms active packaging, intelligent packaging, and smart packaging refer to packaging systems used with foods, pharmaceuticals, and several other types of products. They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve convenience. According to this study, over the next five years the Active Packaging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by
Active Packaging Market Development 2018-2023 With Growth Strategies of Top Comp …
The terms active packaging, intelligent packaging, and smart packaging refer to packaging systems used with foods, pharmaceuticals, and several other types of products. They help extend shelf life, monitor freshness, display information on quality, improve safety, and improve convenience. According to this study, over the next five years the Active Packaging market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by
Global Active Packaging Forecast 2018-25 Estimated with Top Key Players like Bem …
QY Research has come up with a newly published report on global Active Packaging market in its database that provides an in-depth analysis of the key market insights, its future trends, and developments, profiles of leading players, key restraints and drivers, segmentation and forecasting. The report highlights the Active Packaging market size and CAGR of the important segments, thus providing a quick relevant information of the global Active Packaging market. Report
Active Electronic Components Market - Increased The Need For Energy Efficient Ac …
According to a new market report published by Transparency Market Research “Active Electronic Components Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023”, the active electronic components market was worth US$ 182.9 Bn in 2014 and is expected to reach US$ 376.9 Bn by 2023, growing at a CAGR of 8.4% from 2015 to 2023. North America was the largest market for active electronic components