Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Active Protection System Market is expected to inflate at a CAGR of 8.2% by the forecast period (2020 – 2025).
Active Protection System Market - Snapshot Growth 8.2% for next five years Major Platform Type Land-based Dominant Kill System Type Soft kill system Region with the highest demand Europe Key Players Artis, LLC, Airbus Group, ASELSAN A.S., IMI Systems, Rheinmetal AG, Rafael Advanced Defense Systems Ltd., The Raytheon Company, Safran Electronics & Defense, and Saab AB.
Table Of Contents: https://www.stratviewresearch.com/toc/548/active-protection-system-market.html
Highlights of the Report: Based on the platform type, the market is segmented as land-based, airborne, and naval. The land-based segment is estimated to register the highest growth in the coming five years. The growing demand for active protection systems can be ascribed to a plethora of factors, such as, increasing emphasis on close combat systems, upgradation of prevalent armored platforms, need for connected warfare systems, and safety of soldiers in any warmongering situation, among others.
Based on the kill system type, the market is segmented as soft kill system, hard kill system, and reactive armor. Currently, the soft kill system segment is imposing the market. Nevertheless, the hard kill system segment is expected to witness the highest growth during the forecast period. This unprecedented high growth is owing to the rising demand for advanced systems armed with enhanced competence to engage and knockout imminent threats.
In terms of regions, Europe is estimated to account for the largest market share in the coming five years. One of the prime factors influencing the European active protection system market is the incessant upgrade of warfare platforms with innovative technologies. Russia and the U.K. are the growth engines of the region. The market is driven by the increasing investments made in the active protection systems market and related technologies, particularly by these two major countries. North America and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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Key Players of the Market Some of the major players in the active protection system market are Artis, LLC, Airbus Group, ASELSAN A.?, IMI Systems, Rheinmetall AG, Rafael Advanced Defense Systems Ltd., The Raytheon Company, Saab AB, and Safran Electronics & Defense.
Features of the Report This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. Here are the key features of the report: • Strategic Segmentation • Competitive Analysis • Strategic Growth Opportunities • Swot Analysis • Key Players • Forecast Analysis & Future Growth
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