Global Active Protection System (APS) Market 2024-2028

Global Active Protection System (APS) Market 2024-2028

The active protection system (APS) market is forecasted to grow by USD 1.76 bn during 2023-2028, accelerating at a CAGR of 8.64% during the forecast period. The report on the active protection system (APS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by development of advanced combat systems, development of tactical radars for APS, and fast-paced development of anti-tank missiles.

Technavio's active protection system (APS) market is segmented as below:

By Type

• Soft-kill
• Hard-kill

By Platform

• Land-based
• Marine
• Airborne

By Geographical Landscape

• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the rising deployment of next-generation countermeasures and decoys as one of the prime reasons driving the active protection system (APS) market growth during the next few years. Also, the rise in advancement in electronic warfare countermeasures and missile-based hard kill systems and the incorporation of rpg shield initiative will lead to sizable demand in the market.

The report on the active protection system (APS) market covers the following areas:

• Active protection system (APS) market sizing
• Active protection system (APS) market forecast
• Active protection system (APS) market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading active protection system (APS) market vendors that include ASELSAN AS, DornerWorks Ltd., Elbit Systems Ltd., General Dynamics Corp., Hanwha Corp., Israel Aerospace Industries Ltd., KNDS N.V., L3Harris Technologies Inc., Leonardo Spa, Lockheed Martin Corp., Plasan Sasa Ltd., Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corp., Rheinmetall AG, Saab AB, Safran SA, Technology Service Corp., Thales Group, Transvaro Electron Instruments, and HENSOLDT AG. Also, the active protection system (APS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.