Active Protection Systems Market Size, Status and Forecast 2022

An active protection system is used for a military application. It is designed to avoid line-of-sight directed anti-tank missiles from getting or destructing the target. These electronic countermeasures that modify the acoustic, electromagnetic or other signatures of an aim thereby changing the sensing and chasing activities of an incoming threat like guided missile are assigned soft-kill actions. Measures that actually counterstrike an arriving threat thereby destroying its warhead in such a manner that the anticipated effect on the aim is brutally hindered are assigned hard-kill measures.

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Active protection systems are capable of interrupting and turning down threats like rocket-propelled grenades and anti-tank missiles. Furthermore, these systems perform it with a higher degree of accuracy and precision which reduces the possible damage. Active protection system can also render security from these threats in a variety of mission applications, such as combat vehicles, fixed sites, and ships, amongst others. Owing to a huge number of unique comprehended benefits, active protection systems are witnessing a rapid rise in their demand.

The global active protection systems market is anticipated to experience rapid growth over the forecast period of 2017 to 2022 with substantial compound annual growth rate. The major factor fueling the growth of the global active protection systems market is the sturdy demand for ballistic missile defense system and for the land based defense system. Through joint efforts by the governments of South Korea and the U.S. to construct land based missile and air defense in South Korea is a major monetary factor boosting the active protection systems market worldwide.
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Similarly, China and India’s attempt to reinforce missile defense system is intended to bolster further growth in the global active protection system market. However, encounters between numerous countries in the Middle East and Asia Pacific are projected to drive the growth of the global market for short range section which consecutively contributes to boosting the global market for the active protection systems during the forecast period.
The key market players in the global active protection systems market are KBM, Rafael Advanced Defense Systems Ltd., Israel Military Industries, Artis, Rheinmetall AG, Saab AB, Raytheon Company, LLC, Safran Electronics & Defense, Aselsan A.S. and Airbus Defense and Space. According to product types, the market industry is split into; Soft Kill System and Hard Kill System. By application, the global market is classified as; Air Defense and Ground Defense. Geographically, the global active protection systems market is segmented into regions which are; Southeast Asia, Asia-Pacific, North America, Europe and Rest of the world.

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