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Active Protection Systems Market is Anticipated to Witness High Growth Owing to Rising Geopolitical Tensions

Active Protection Systems Market

Active protection systems (APS) are vehicle protection suites intended to protect platforms against rocket-propelled grenades, anti-tank missiles or projectiles. The systems work by intercepting incoming threats near the host vehicle, clearing the way for continued mission effectiveness and increased platform survivability. Active protection systems provide numerous benefits to military vehicles such as survivability against a wide range of threats, enhanced crew protection, reduction in vehicle losses and maintenance costs. With increasing territorial disputes and threat of terror attacks, governments worldwide are focusing on modernizing their defense forces with advanced protection technology.

The Global Active Protection Systems Market is estimated to be valued at US$ 4.30 Bn in 2024 and is expected to exhibit a CAGR of 5.6% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Active Protection Systems are Airbus SAS, Artis LLC, Aselsan AS, Israel Military Industries, KBM, Rafael Advanced Defense System Ltd., Raytheon Technologies Corporation, Rheinmetall AG, SAAB AB, Safran, IMI Systems, Krauss Maffei Wegmann, and General Dynamics.

Some of the key opportunities in the market include growing procurement of Active Protection Systems Market Demand by emerging economies, integration of APS in naval vessels and UAVs, and development of soft-kill APS.

Key players are focusing on global expansion by strengthening their presence across North America, Europe, Asia Pacific and Middle East through partnerships, new product launches and mergers & acquisitions. For instance, in 2023 Rafael partnered with Hanwha Defense to sell its APS technology to South Korean military.

Market Drivers

IncreasingDefense Spending: Rising geopolitical tensions and territorial conflicts are driving nations worldwide to increase spending on defense modernization. This is positively impacting procurement of advanced protection systems by armed forces. Transition to Network Centric Warfare: Militaries are transitioning from platform centric warfare to network centric warfare, necessitating integration of active protection on all assets from vehicles to ships and aircraft. This will fuel demand for APS over the forecast period.

Market Restraints

High Development Costs: Developing effective APS requires huge investments in R&D due to complex technology involved. This high cost poses a major challenge, particularly for smaller defense budgets. Integration Challenges: Integrating APS with existing land, air and naval assets can increase platform weight and requires extensive testing & validation. This presents an integration challenge for defense firms.

Segment Analysis

The active protection systems market is segmented by platform (land, airborne and naval), system (hard kill system and soft kill system), and component (radars and electronics) .The hard kill system sub segment is dominating the global active protection system market as hard kill systems are most effective in destroying incoming rockets and missiles with interceptor weapons such as projectiles or countermeasures. Hard kill systems pose a direct physical threat to incoming munitions through contact or detonation, thus providing maximum protection against a wide range of incoming threats including anti-tank guided missiles.

Global Analysis

Regionally, North America holds a significant share in the global active protection systems market owing to high defense spending and ongoing modernization programs of armed forces in countries like the US and Canada. However, Asia Pacific is projected to witness the highest growth during the forecast period driven by increasing procurement of advanced armored vehicles integrated with active protection systems by countries such as India, China and South Korea. Nations are focusing on enhancing survivability of their armored fleets against evolving threats and rising cross border tensions, which is propelling the demand for active protection systems in the region. Countries are investing substantially in indigenous development as well as foreign collaboration for transfer of technology.

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