Global Active Protection System (APS) Market to grow at a CAGR of 6.29% during 2017-2021 - General Dynamics, Raytheon, Rheinmetall, Saab

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).

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

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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.

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Key vendors
- General Dynamics
- Rafael Advanced Defense Systems
- Raytheon
- Rheinmetall
- Saab

Other prominent vendors
- ASELSAN
- Israel Military Industries (IMI) Systems
- NORINCOGROUP

Market driver
- Development of aircraft APS
- For a full, detailed list, view our report

Market challenge
- Limited number of suppliers
- For a full, detailed list, view our report

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?

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