Press release
Global Active Protection System (APS) Market Will Reach At CAGR Of 6.29% Between 2017-2021
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).
Technavios analysts forecast the global active protection system (APS) market to grow at a CAGR of 6.29% during the period 2017-2021.
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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.
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
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Market challenge
Limited number of suppliers
For a full, detailed list, view our report
Market trend
Development of modular APS
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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