Global Active Protection System Market, By Platform (Airborne, Land-based, Naval), Type (Hard Kill System, Soft Kill System), End-User (Defence, Homeland Security), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Active Protection System Market
Active protection system market will reach at an estimated value of USD 5.75 billion by 2028 and grow at a rate of 5.05% in the forecast period 2021 to 2028. Rise in the geopolitical instabilities acts as the vital factor escalating the demand for active protection system market in the forecast period of 2021- 2028.
Active protection systems are sub-systems which are combined into or installed on combat vehicles and several countries in Asia-Pacific have acquired hard or soft kill capabilities for a variety of threats, including rocket-propelled grenades (RPGs) and anti-tank guided missiles (ATGMs).
Rise in the cyber warfare to affect performance of technologically advanced defense platforms is the major driver escalating the market growth, also rise in the development cost of radar systems and increase in the research and development activities in the market are the major factors among others driving the active protection system market growth. Moreover, rise in the development of secured network against cyber-attacks and increase in the demand from emerging economies will further create new opportunities for the active protection system market manufacturers in the forecast period of 2021- 2028.
However, rise in the cyber warfare to affect performance of technologically advanced defense platforms and rise in the development cost of radar systems acts as the major factor acting as restraints, and will further challenge the growth of active protection system market in the forecast period.
This active protection system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on active protection system market contact Data bridge market research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Active Protection System Market Scope and Market Size
Active protection system market is segmented on the basis of platform, type and end-user. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of platform, active protection system market is segmented into airborne, land-based and naval.
- Based on type, the active protection system market is segmented into hard kill system and soft kill system.
- Based on end-user, the active protection system market is segmented into defence and homeland security.
Active Protection System Market Country Level Analysis
Active protection system market is analyses and market size, volume information is provided by country, platform, type and end-user as referenced above.
The countries covered in active protection system market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
Europe dominates the active protection system market due to increase in the spending on advanced airborne targeting systems by countries, such as the UK, France, and Russia and the upgrades and procurement of targeting pod-based aircraft in this region. Asia-Pacific is the expected region in terms of growth in active protection system market due to rise in the price of radar systems in this region.
The country section of the active protection system market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Active Protection System Market Share Analysis
Active protection system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to active protection system market.
The major players covered in the active protection system market report are Rheinmetall AG, Saab AB, Raytheon Company, Israel Military Industries, Rafael Advanced Defense Systems Ltd., Artis, LLC, Airbus Group, KBM, Aselsan A.S. and Safran among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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