Active Protection Systems Industrial Trend and Market Demand - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
"Active
Protection Systems Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
Active
Protection Systems Market: Overview
Active Protection System (APS) can shoot down and
interrupt different number of threats such as anti-tank missiles and
rocket-propelled grenades with accuracy with minimum collateral
damage. Active Protection System (APS) can also provide protection
from these threats in various mission applications, such as fixed
sites, ships and combat vehicles among others.
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Increase
in the demand of land based defense system such as air and missile
defense is boosting the market for active protection systems market.
There are numerous major factors fueling the land based missile and
air defense system such as use of strategic system and long range in
conventional targets and ballistic missile. In addition, growing
demand for ballistic missile defense system is the other factor
driving the market in the coming years.
The collective efforts from the United States and
South Korean government to grow the land based air and missile
defense in South Korea is boosting the demand of active protection
systems market. Likewise, India and China’s increasing demand
towards the growth of missile defense system are anticipated to drive
the active protection system market. However, clashes between several
countries in Asia Pacific and Middle East are estimated to drive the
market for short rang segment which in turn helping to boost the
market for the active protection systems during the forecast period
of 2017 – 2025.
Global Active Protection Systems Market:
Segmentation
Naval, land and airborne are the various product
types of the active protection system market. In 2016, land segment
is the major market for active protection system followed by airborne
and expected to be the same for the forecast period. The land segment
is also growing at the high CAGR for the forecast period. Increasing
threats from terrorist and cyber-attacks is one of the major factor
driving the demand of land segment in active protection systems
market for the forecast period of 2017 – 2025.
The active protection system market has been
segmented on the basis of system types into radar decoy,
electro-optics jammers, infrared decoy, directed energy, light weapon
defense, rocket/missile based and others. In 2016, radar decoy
segment dominated the market followed by infrared decoy segment and
expected to be the same for the forecast period of 2017 – 2025.
Increase in the terrorist activities and increase in the investment
in military segment by developing countries are some of the major
factor boosting the market for the radar decoy segment in active
protection system market.
The active protection system market has been
segmented on the basis of end users into homeland security and
defense. In 2016, defense segment dominated the market followed by
homeland security segment and is expected to continue in the coming
years. Increasing demand of land based defense, increasing demand for
advanced weapon and increase in the terrorist activities are some of
the major factor driving the market for the defense segment in active
protection systems market for the forecast period of 2017 – 2025.
Global Active Protection Systems Market:
Geographical Analysis
The geographical split of the market includes
North America, Asia Pacific, Europe, Latin America, and Middle East
and Africa. In 2016, North America dominated the market followed by
Europe and is expected to continue in the coming years. The U.S. is
the key market for the active protection systems market for North
America region as well as globally. Replacement of old technology
with new advanced technology is major factor boosting the market for
the U.S. active protection systems for the forecast period of 2017 –
2025.
Europe is expected to grow at a sluggish rate for
the forecast period of 2017 – 2025. The U.K. is expected to be the
key market for the active protection system market in Europe region.
Modernization of the defense equipment is one of the major factor
boosting the market for the active protection systems in the U.K.
Asia Pacific is expected to grow at the highest
CAGR for the forecast period. Increase in the demand of land based
defense and increase in the investment in defense are some of the
major factor boosting the demand of active protection systems market
for the forecast period of 2017 – 2025. China is expected to be the
major market for Asia Pacific active protection system market. In
addition, China held the largest share for the active protection
systems market in Asia Pacific in 2016. It is also expected to
experience healthy growth in the coming years. Geopolitical
instabilities is the major factor boosting the market for the active
protection systems in China during the forecast period of 2017 –
2025.
Global Active Protection Systems Market:
Competitive Analysis
Key players profiled in this report include The
Raytheon Company (United States), SAAB AB (Sweden), KONSTRUKTORSKOYE
BYURO MASHYNOSTROYENIYA (Russia), Rafael Advanced Defense Systems
Ltd. (Israel), Airbus Group (Netherlands), Rheinmetall AG (Germany),
Safran Electronics & Defence (France), Aselsan A.S. (Turkey),
Artis, LLC (United States) and Israel Military Industries (Israel).
The segments covered in the active
protection system market are as follows:
Global Active Protection System Market: By
Platform
- Naval
- Land
- Airborne
Global Active Protection System Market: By
System Type
- Radar Decoy
- Electro-Optics Jammers
- Infrared Decoy
- Directed Energy
- Light Weapon Defense
- Rocket/Missile Based
- Others
Global Active Protection System Market: By
End User
- Defense
- Homeland Security
Global Active Protection System Market: By
Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- United Arab Emirates
- Saudi Arabia
- Rest of Middle East and Africa
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