Active Protection System Market is Expected to Arrive at 4110 million US$ by 2025
This report studies the global Active Protection System market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Active Protection System market by companies, region, type and end-use industry.
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.
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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.
Factors such as modernization of armed forces, rise in asymmetric warfare, and rising need for security from different types of weapon systems are expected to drive the market during the forecast period.
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The use of active protection systems in defense has increased considerably in the past few years, mainly driven by the rise in the number of warfare platforms being manufactured worldwide. These warfare platforms require systems that can help detect, track, and defend against incoming threats.
On the basis of platform, the active protection system market has been segmented into air defense and ground defense. The land segment is projected to keep being the major market during the forecast period. The rising demand for active protection systems can be attributed to several factors, including increasing focus on close combat systems, upgradation of existing armored platforms, need for connected warfare systems, and safety of soldiers in a war-like situation, among others.
In 2017, the global Active Protection System market size was 4110 million US$ and it is expected to reach 6310 million US$ by the end of 2025, with a CAGR of 6.3% during 2018-2025.
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