What is the global market size of Active Protection System Market?

Global Active Protection System Market size was valued at USD 3.01 billion in 2021 and is poised to grow from USD 3.27 billion in 2022 to USD 6.43 billion by 2030, at a CAGR of 8.8% during the forecast period (2023-2030).

Who are the key vendors in the Global Active Protection System Market?

The Global Active Protection System (APS) Market is highly competitive, with several key players operating in the market. Some of the major players in the market are focusing on developing technologically advanced and cost-effective APS solutions to gain a competitive edge in the market. They are also investing in research and development activities to introduce new and innovative products in the market. Moreover, partnerships, collaborations, and acquisitions are among the key strategies adopted by these players to expand their market presence and strengthen their product portfolio. The market is also witnessing the entry of new players, which is further intensifying the competition. 'Rheinmetall AG (Germany)', 'Raytheon Technologies Corporation (US)', 'Rafael Advanced Defense Systems Ltd. (Israel)', 'Saab AB (Sweden)', 'Leonardo S.p.A. (Italy)', 'Israel Aerospace Industries Ltd. (Israel)', 'KBM (Kolomna) (Russia)', 'ASELSAN A.Å. (Turkey)', 'General Dynamics Corporation (US)', 'Elbit Systems Ltd. (Israel)', 'Northrop Grumman Corporation (US)', 'Lockheed Martin Corporation (US)', 'BAE Systems plc (UK)', 'L3Harris Technologies, Inc. (US)', 'Thales Group (France)', 'Hanwha Corporation (South Korea)', 'CMI Group (Belgium)', 'ZALA AERO Group (Russia)', 'Denel Land Systems (South Africa)', 'Artis, LLC (US)'.

What is the key driver of Global Active Protection System Market?

The rising threat of ballistic and guided missile attacks in various regions has driven the demand for active protection systems. Countries and defense organizations are investing in APS to enhance the survivability and protection of military vehicles, aircraft, and naval vessels. For example, Israel's Trophy APS has been deployed on the Israeli Defense Forces' Merkava tanks to intercept and destroy incoming projectiles, effectively reducing the risk to personnel and equipment.

What is the key market trend for Global Active Protection System Market?

Integration of Artificial Intelligence and Machine Learning: The integration of artificial intelligence (AI) and machine learning (ML) technologies is becoming increasingly prevalent in active protection systems. AI and ML algorithms enable real-time threat detection, analysis, and response, enhancing the system's ability to identify and neutralize incoming threats accurately. This trend allows APS to adapt to evolving threat scenarios and improve the overall effectiveness of protection measures.

Which region accounted for the largest share in Global Active Protection System Market?

North America dominated the global APS market due to its strong defense capabilities, significant defense budget, and the presence of key market players in the region. The United States, in particular, is at the forefront of APS adoption, driven by its focus on modernizing its military equipment and ensuring the safety of its armed forces. One prominent example in North America is Raytheon Technologies Corporation, a leading defense technology company that offers advanced APS solutions. Raytheon's Trophy APS, a combat-proven system, provides 360-degree protection for armored vehicles by intercepting and neutralizing incoming threats. With a substantial market share in North America, Raytheon Technologies Corporation is instrumental in shaping the region's dominance in the global market.

Active Protection System Companies

Active Protection System Market Competitive Landscape

Active Protection System Market Top Player’s Company Profiles

Rheinmetall AG (Germany)

Raytheon Technologies Corporation (US)

Rafael Advanced Defense Systems Ltd. (Israel)

Saab AB (Sweden)

Leonardo S.p.A. (Italy)

Israel Aerospace Industries Ltd. (Israel)

KBM (Kolomna) (Russia)

ASELSAN A.Ş. (Turkey)

General Dynamics Corporation (US)

Elbit Systems Ltd. (Israel)

Northrop Grumman Corporation (US)

Lockheed Martin Corporation (US)

BAE Systems plc (UK)

L3Harris Technologies, Inc. (US)

Thales Group (France)

Hanwha Corporation (South Korea)

CMI Group (Belgium)

ZALA AERO Group (Russia)

Denel Land Systems (South Africa)

Artis, LLC (US)

Active Protection System Market

FAQs

Active Protection System Market size was valued at USD 3.56 Billion in 2023 and is poised to grow from USD 3.87 Billion in 2024 to USD 6.99 Billion by 2031, at a CAGR of 8.80% during the forecast period (2024-2031).

There are significant players in the global active protection system market; some of these are Leonardo, Rheinmetall, and Raytheon. It points to a competitive market. Businesses focus on constant innovations that help create innovative active protection systems with enhanced features such as multilayered protection, AI integration, and soft kill systems. Key competitive strategies entail the extension of military contracts, establishment of strategic alliances, and technologies. Small and emerging companies are entering this market with specialized APSs since the demand is growing. 'Rheinmetall AG (Germany)', 'Raytheon Technologies Corporation (US)', 'Rafael Advanced Defense Systems Ltd. (Israel)', 'Saab AB (Sweden)', 'Leonardo S.p.A. (Italy)', 'Israel Aerospace Industries Ltd. (Israel)', 'KBM (Kolomna) (Russia)', 'ASELSAN A.Å. (Turkey)', 'General Dynamics Corporation (US)', 'Elbit Systems Ltd. (Israel)', 'Northrop Grumman Corporation (US)', 'Lockheed Martin Corporation (US)', 'BAE Systems plc (UK)', 'L3Harris Technologies, Inc. (US)', 'Thales Group (France)', 'Hanwha Corporation (South Korea)', 'CMI Group (Belgium)', 'ZALA AERO Group (Russia)', 'Denel Land Systems (South Africa)', 'Artis, LLC (US)'

Active protection systems require continuous updates, observation, and maintenance, more so if the systems deployed are advanced in nature and include AI and machine learning. Since the maintenance requires special people and infrastructure for the systems to continue performing their functions, this continuous complexity of operation may present problems for military organizations. The requirement for continuous maintenance and improvement in under-resourced environments might escalate operational costs and prevent widespread application.

Soft-Kill System Implementation: Soft-kill systems, including such items as electronic warfare (EW), jamming, and laser-based technologies, are increasingly being integrated into active protection system. These systems offer non-destructive means of destroying incoming threats such as UAVs and missiles. Soft-kill systems have become more popular because of their greater emphasis on limiting damage and enhancing defense without causing bodily injury.

With a significant market share, North America currently leads in the active protection system industry. The underlying force behind this leadership by North America is the massive defense spending of the United States. North America leads partly because of its robust military structure, technical development, and increasing use of advanced protective systems, including active protection system. There is a strong need for active protection system technology since the U.S. military directs its efforts towards improving the survivability of military troops and vehicles, as well as continues research and development expenses. Moreover, market leadership in North America is further bolstered by growing defense organizations' interest in other countries, including Canada.

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What is the global market size of Active Protection System Market?

Who are the key vendors in the Active Protection System Market?

What is the key driver of Active Protection System Market?

What is the key market trend for Active Protection System Market?

Which region accounted for the largest share in Active Protection System Market?

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