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2023 Global Active Protection Systems Market Analysis, Size, Growth, Trends, Overview And Forecast To 2032
Active Protection Systems Market Report
Active Protection Systems Market Size, Growth Rate, And Forecast:
The global active protection systems market size is expected to grow from $3.43 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global active protection systems market size is expected to grow to $4.69 billion in 2027 at a CAGR of 6.3%.
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Active Protection Systems Market Drivers:
The rise in terrorist attacks and threats is expected to propel the growth of the active protection systems market going forward. Terror attacks are attacks that involve violence to provoke a state of terror or fear among people that attack a person or place. Active protection systems provide protection against terror attacks by enabling defense from short-range maneuverable projectiles such as sea-skimming weapons, and anti-tank-guided missiles.
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Active Protection Systems Market Segments
•By Solution: Hardware, Software
•By Kill System Type: Soft Kill System, Hard Kill System, Reactive Armor
•By Platform: Land-Based, Airborne, Marine
•By End Users: Defense, Homeland Security
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the active protection systems market.
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Active Protection Systems Market Key Players:
Major competitors in the active protection systems market include Artis LLC, Aselsan A.S., JSC Konstruktorskoye Byuro Mashinostroyeniya, Krauss-Maffei Wegmann GmbH & Co. KG, Rafael Advanced Defense System Ltd., Raytheon Technologies Corporation, Rheinmetall AG, SAAB AB, Israel Military Industries, Airbus Group, Safran Electronics & Defense, IMI Systems Ltd., General Dynamics Corporation, Rostec State Corporation, and BAE Systems Plc.
The Business Research Company's "Global Active Protection Systems Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Active Protection Systems Market Include:
1. Executive Summary
2. Active Protection Systems Market Characteristics
3. Active Protection Systems Market Trends And Strategies
4. Active Protection Systems Market - Macro Economic Scenario
5. Active Protection Systems Market Size And Growth
....
26. Africa Active Protection Systems Market
27. Active Protection Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Active Protection Systems Market
29. Active Protection Systems Market Future Outlook and Potential Analysis
30. Appendix
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