Global Active Protection System Market Growth (Status and Outlook) 2023-2029

Global Active Protection System Market Growth (Status and Outlook) 2023-2029

This report studies the Active Protection System market, Active Protection Systems (APSs) are subsystems integrated into or installed on a combat vehicle to automatically acquire, track, and respond with hard or soft kill capabilities to a variety of threats, including rocket-propelled grenades (RPGs) and anti-tank guided missiles (ATGMs). APS technologies are not new, and a number of nations have already employed APS on the battlefield.

The proliferation of advanced RPGs and ATGMs is of concern to some defense officials and policymakers. These weapons—RPGs in particular—have been particularly popular with insurgents because they are readily available, relatively inexpensive, and require little training. Technical and operational challenges to APS include being able to work under extremely demanding circumstances and compressed timelines, robustness against countermeasures, minimizing the threat to friendly forces and civilians, being compatible with the space and power allocated to it on the vehicle, and affordability.
LPI (LP Information)' newest research report, the “Active Protection System Industry Forecast” looks at past sales and reviews total world Active Protection System sales in 2022, providing a comprehensive analysis by region and market sector of projected Active Protection System sales for 2023 through 2029. With Active Protection System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Active Protection System industry.
This Insight Report provides a comprehensive analysis of the global Active Protection System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Active Protection System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Active Protection System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Active Protection System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Active Protection System.
The global Active Protection System market size is projected to grow from US$ 3767.2 million in 2022 to US$ 5867.9 million in 2029; it is expected to grow at a CAGR of 6.5% from 2023 to 2029.
The major players in global Active Protection System market include Rafael Advanced Defense Systems Ltd., KBM, Israel Military Industries, etc. The top 3 players occupy about 50% shares of the global market. Europe and North America are main markets, they occupy about 60% of the global market. Hard Kill System is the main type, with a share over 90%. Ground Defense is the key application, which hold a share about 99%.
This report presents a comprehensive overview, market shares, and growth opportunities of Active Protection System market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Soft Kill System
Hard Kill System
Segmentation by application
Air Defense
Ground Defense
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Rafael Advanced Defense Systems
KBM
Israel Military Industries
Rheinmetall AG
Raytheon Company
Artis, LLC
Saab AB
Aselsan
Safran Electronics & Defense
Airbus Defense and Space

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