Global Active Protection System Market Is Expected to Reach US$ 5,050 Million By the Year 2023

Active protection systems provide vehicle and squad protection by way of effectively blocking an oncoming projectile such as missiles. Active protection systems are widely used in the defense industry, as they are highly capable of eliminating or interrupting threats such as rocket-propelled grenades and anti-tank missiles. In the case of a missile fired towards a vehicle, it is detected and monitored by the active protection system, which will then deploy a soft-kill obscurant such as smoke or flares that will interfere with the missile’s guidance mechanism. In case of a soft-kill, the active protection system might use electro-optical interference systems such as lasers. However, in the case of hard-kill active protection systems, the missile is targeted and eliminated by hard-kill countermeasures such as rapid fire guns and short range missiles.

The Global Active Protection System market was valued at US$ 3,490 million in the year 2018 and is expected to reach US$ 5,050 million by the year 2023, growing at a CAGR of approximately 7.6%. The market is driven by factors such as increasing regional disputes and terrorism, coupled with increased military spending in emerging countries. For a case in point, in 2017, the USA Army have a contractual collaboration with General Dynamics. This deal was related to the setting up of the ‘Trophy system’ on existing and new combat vehicles of the USA Army. Such advancements will propel the demand for active protection systems. However, growing cyber warfare that
affects the performance of technologically-advanced defense platforms, is expected to curtail the growth of the market.

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For the purpose of optimal consistency, the protection system uses two autonomous detecting techniques, passive infra-red (IR) and radio frequency (RF). Upon receiving a threat warning, electro-optical jammers engage the threat’s sensing and tracking behaviour. If required, a close-range hard kill interceptor then destroys or deflects the threat physically at a safe distance from the protected platform. An incoming threat is effectively destroyed or deflected by a blast interceptor with minimal collateral damage. The development of secured network against cyber-attacks will create opportunities for the active protection system market in the upcoming years.

Table of Content

Chapter 1 Preface

1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope

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1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope

Chapter 2 Executive Summary

2.1 Market Summary
2.1.1 Global Active Protection System Market, 2016-2023, (Units) (US$ Mn)
2.1 Market Snapshot: Global Active Protection System Market
2.2 Market Dynamics
2.3 Global Active Protection System Market, by Segment, 2018
2.3.1 Global Active Protection System Market, by Platform, 2018, (Units) (US$ Mn)
2.3.2 Global Active Protection System Market, by Kill System Type, 2018, (Units) (US$ Mn)
2.3.3 Global Active Protection System Market, by End-user, 2018, (Units) (US$ Mn)
2.3.4 Global Active Protection System Market, by Region, 2018 (Units) (US$ Mn)
2.4 Premium Insights
2.4.1 Active Protection System Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Active Protection System Market: Regional Life Cycle Analysis

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Chapter 3 Market Dynamics

3.1 Market Overview
3.2 Market Drivers
3.2.1 Increasing regional disputes and terrorism
3.2.2 Increasing military spending in emerging economies
3.3 Market Restraints
3.3.1 Growing cyber warfare
3.4 Market Opportunities
3.4.1 Development of secured network against cyber warfare
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis

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