Active Protection System (APS) Market in Americas, APAC and EMEA Region 2017 to 2021

MarketResearchNest.com adds “Global Active Protection System (APS) Market 2017-2021” new report to its research database. The report spread across 79 pages with table and figures in it.

Research analysts forecast the global active protection system (APS) market to grow at a CAGR of 6.29% during the period 2017-2021.

About Active Protection System (APS)
Active protection systems (APS) is a technology that integrates radars, sensors, fire control technology, and interceptors to detect, target, and negate incoming enemy fire. For decades, armored tanks and combat vehicles were the only sources of protection for the crew and vehicle against shells, rockets, and anti-tank guided missiles (ATGM). However, with the rising developments in the field of anti-tank weapons, the need to develop systems that can actively detect, identify, track, and shoot down these missiles has led to the development of active protection systems (APS).

Covered in this report
The report covers the present scenario and the growth prospects of the global active protection system (APS) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at
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The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Active Protection System (APS) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global active protection system (APS) market: General Dynamics, Rafael Advanced Defense Systems, Raytheon, Rheinmetall, and Saab.

Other Prominent Vendors in the market are: ASELSAN, Israel Military Industries (IMI) Systems, and NORINCOGROUP.

Commenting on the report, an analyst from Research team said: “One trend in the market is development of modular APS. Modular APS aim to incorporate capabilities that will be functional even against future missiles. Hence, the vision for modular APS is to develop a suite of plug-and-play systems that will be able to adapt to the different threats as well as different army vehicles.”

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According to the report, one driver in the market is development of aircraft APS. With the proven success of APS for ground vehicles, OEMs are now focusing on developing APS for fixed and rotary-wing aircraft. Helicopters, which usually hover at low altitudes, are highly vulnerable to damage from man portable air-defense systems (MANPADS) or shoulder-launched surface-to-air missiles. To counter such damage, Orbital ATK unveiled its first Helicopter Active Protection Systems (HAPS) in 2015 at a Special Operations Forces Industry Conference (SOFIC). The APS can identify an incoming threat and launch and guide a Kill Vehicle to the precise location to detonate the warhead at a point where the RPG is rendered ineffective.

Further, the report states that one challenge in the market is limited number of suppliers. The substantial technical skill set required for the development of APS is one of the major concerns in the industry, and not many countries or defense equipment manufacturing firms possess this capability. Though there is a need for APS, the limited number of suppliers and the high cost of APS limit the procurement and growth of the global APS market. The US, which is one of the most advanced and largest military spending nation in the world, does not have an APS of its own and its APS are still under in their development phase.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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