active protection systems market
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Insights Into The Active Protection Systems Market’s Growth Opportunities Through 2023-2032 – Includes Active Protection Systems Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The growth in terrorist attacks and threats is likely to encourage innovation in the production of active protection systems, boosting the market over the forecast period.

 

The global active protection systems market is expected to grow from $3.43 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The global active protection systems market size is expected to grow to $4.69 billion in 2027 at a CAGR of 6.3%.

 

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Global Active Protection Systems Market Segments Include:

  • By Solution: Hardware, Software
  • By Kill System Type: Soft Kill System, Hard Kill System, Reactive Armor
  • By Platform: Land-Based, Airborne, Marine
  • By End Users: Defense, Homeland Security
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global active protection systems market in 2021.

 

Major Market Players in the active protection systems market include selsan A.S., JSC Konstruktorskoye Byuro Mashinostroyeniya, Krauss-Maffei Wegmann GmbH & Co. KG, Rafael Advanced Defense System Ltd., Raytheon Technologies Corporation.

 

The creation of novel active protection systems is a key trend that is gaining traction in the active protection systems market. To maintain their market position, major corporations involved in active protection systems are inventing unique protection solutions. For example, in May 2021, ASELSAN, a Turkish armaments manufacturer, began development of the KAMA active protection system. The primary goal of this research is to equip low-environmental-damage products with a self-defense system to avoid unintended losses and their consequences.

 

The Active Protection Systems Global Market Report 2023 provides a active protection systems market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The active protection systems market forecast analyzes active protection systems market size, active protection systems market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

An active protection system is one that stops some anti-tank weapons from completely destroying a vehicle. These systems safeguard the crew and vehicle’s survival by incorporating countermeasures that either disguise the vehicle from the hazard or block the danger’s guidance.

 

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