The active protection systems market size has grown strongly in recent years. It will grow from $3.67 billion in 2023 to $3.91 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth observed during the historical period can be ascribed to a combination of factors, including the escalating threats and conflicts on a global scale, ongoing military modernization initiatives, heightened investments in defense capabilities, the susceptibility of armored vehicles to potential risks, and growing apprehensions regarding the safety of soldiers.
The active protection systems market size is expected to see strong growth in the next few years. It will grow to $5.07 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be linked to several key factors, including the rising demand for lightweight and integrated Active Protection Systems (APS), heightened global security concerns, ongoing military modernization initiatives, the upward trajectory of defense budgets, and the integration of APS with future vehicle platforms. Noteworthy trends expected in the forecast period encompass advancements in interceptor technologies, a growing adoption of soft-kill systems, the evolution of next-generation hard-kill systems, the integration of APS with other defensive systems, and the incorporation of artificial intelligence (AI) and machine learning into these systems.
The anticipated surge in terrorist attacks and threats is poised to fuel the expansion of the active protection systems market. These systems serve as a defense against such attacks, offering protection from short-range maneuverable projectiles such as sea-skimming weapons and anti-tank-guided missiles. According to the Global Terrorism Index (GTI) report released in 2021 by the Institute for Economics & Peace (IEP), the worldwide count of terrorist attacks reached 5,226 in 2021, reflecting a concerning escalation. Additionally, the ongoing Ukraine-Russia conflict is expected to contribute to a surge in both traditional and cyber terrorism. Consequently, the heightened threat scenario is a significant driver propelling the growth of the active protection systems market.
The upswing in defense expenditure is poised to drive the expansion of the active protection systems market. This expenditure encompasses the total financial allocation by governments towards military forces and activities, providing the necessary resources for the development, procurement, and maintenance of active protection systems for military purposes. Notably, as per the Ministry of Defense (MOD) departmental resources 2022, published by gov.UK in December 2022, the defense spending for 2021-2022 amounted to $76.25 billion (71.4 Euros), marking a substantial increase of $46.88 billion (43.9 euros) from the previous year. This surge in financial resources allocated to defense activities is a driving force behind the growth of the active protection systems market.
The emergence of innovative active protection systems stands as a significant trend driving momentum within the active protection systems market. Major industry players are actively engaged in developing cutting-edge protection systems to maintain their competitive edge. For instance, ASELSAN, a Turkey-based arms manufacturing company, initiated the development of the KAMA active protection system in May 2021. This system aims to provide products with minimal environmental impact, equipped with a self-defense mechanism to mitigate losses and their subsequent effects, thus highlighting the growing trend towards innovative solutions within the active protection systems market.
Prominent entities within the active protection systems market are dedicated to product innovation, exemplified by the creation of Iron Fist, a hard-kill active protection system (APS) tailored to deliver steadfast solutions for customers. Iron Fist boasts a modular design, offering adaptability across a spectrum of platforms, ranging from light utility vehicles to heavily armored fighting vehicles. Elbit Systems Ltd., an Israel-based defense contractor, unveiled Iron Fist in August 2023, positioning it as a robust defense mechanism against anti-tank threats, significantly enhancing platform survivability. This system ensures 360-degree protection for armored platforms, featuring a fixed active electronically scanned array radar sensor designed to detect incoming threats. Available in two versions - IFLK (Iron Fist Light Kinetic) catering to tanks and heavy infantry fighting vehicles (IFVs), and IFLD (Iron Fist Light Decoupled) tailored for light to medium infantry fighting vehicles (IFVs) - Iron Fist stands as a versatile and adaptable defense solution.
In November 2021, Rheinmetall AG, a Germany-based automotive and arms manufacturer, completed the acquisition of Zeppelin Mobile Systeme GmbH, a German army technology firm. This strategic acquisition is poised to consolidate diverse services catering to military needs under a unified entity. Zeppelin Mobile Systeme GmbH, known for manufacturing military systems, is expected to bolster Rheinmetall AG's offerings and capabilities within the military technology landscape, further strengthening its position in serving defense forces worldwide.
Major companies operating in the active protection systems market report are Artis LLC, Aselsan A.S., JSC Konstruktorskoye Byuro Mashinostroyeniya, Krauss-Maffei Wegmann GmbH & Co. KG, Rafael Advanced Defense System Ltd., Raytheon Technologies Corporation, Rheinmetall AG, SAAB AB, Israel Military Industries Ltd., Airbus SE, Safran SA, IMI Systems Ltd., General Dynamics Corporation, Rostec State Corporation, BAE Systems plc, Leonardo S.p.A., Thales Group, KBM Group, Israel Aerospace Industries Ltd., Elbit Systems Ltd., Nexter Group SA, Denel Dynamics Ltd., ST Engineering Ltd., AVX Aircraft Company LLC, Textron Inc., Missile Systems, Battlefields and Air Defense, QinetiQ Group plc, L3Harris Technologies Inc., Kongsberg Defense & Aerospace AS, Hanwha Defense Systems Corporation.
North America was the largest region in the active protection systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the active protection systems market report during the forecast period. The regions covered in the active protection systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the active protection systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Active Protection Systems can be broadly categorized into hardware and software components. The hardware encompasses devices such as sensors and radars that constitute the protective system. Kill system variants, including the soft kill system, hard kill system, and reactive armor, play a crucial role in enhancing the overall defense capabilities. These protective measures are applicable across diverse platforms, namely land-based, airborne, and marine environments. The end users benefiting from these systems span across defense and homeland security sectors. The integration of APS in various scenarios contributes significantly to the survivability and resilience of both personnel and assets.
The active protection systems market research report is one of a series of new reports that provides active protection systems market statistics, including active protection systems industry global market size, regional shares, competitors with an active protection systems market share, detailed active protection systems market segments, market trends, and opportunities, and any further data you may need to thrive in the active protection systems industry. This active protection systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The active protection systems market size is expected to see strong growth in the next few years. It will grow to $5.07 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The anticipated growth in the forecast period can be linked to several key factors, including the rising demand for lightweight and integrated Active Protection Systems (APS), heightened global security concerns, ongoing military modernization initiatives, the upward trajectory of defense budgets, and the integration of APS with future vehicle platforms. Noteworthy trends expected in the forecast period encompass advancements in interceptor technologies, a growing adoption of soft-kill systems, the evolution of next-generation hard-kill systems, the integration of APS with other defensive systems, and the incorporation of artificial intelligence (AI) and machine learning into these systems.
The anticipated surge in terrorist attacks and threats is poised to fuel the expansion of the active protection systems market. These systems serve as a defense against such attacks, offering protection from short-range maneuverable projectiles such as sea-skimming weapons and anti-tank-guided missiles. According to the Global Terrorism Index (GTI) report released in 2021 by the Institute for Economics & Peace (IEP), the worldwide count of terrorist attacks reached 5,226 in 2021, reflecting a concerning escalation. Additionally, the ongoing Ukraine-Russia conflict is expected to contribute to a surge in both traditional and cyber terrorism. Consequently, the heightened threat scenario is a significant driver propelling the growth of the active protection systems market.
The upswing in defense expenditure is poised to drive the expansion of the active protection systems market. This expenditure encompasses the total financial allocation by governments towards military forces and activities, providing the necessary resources for the development, procurement, and maintenance of active protection systems for military purposes. Notably, as per the Ministry of Defense (MOD) departmental resources 2022, published by gov.UK in December 2022, the defense spending for 2021-2022 amounted to $76.25 billion (71.4 Euros), marking a substantial increase of $46.88 billion (43.9 euros) from the previous year. This surge in financial resources allocated to defense activities is a driving force behind the growth of the active protection systems market.
The emergence of innovative active protection systems stands as a significant trend driving momentum within the active protection systems market. Major industry players are actively engaged in developing cutting-edge protection systems to maintain their competitive edge. For instance, ASELSAN, a Turkey-based arms manufacturing company, initiated the development of the KAMA active protection system in May 2021. This system aims to provide products with minimal environmental impact, equipped with a self-defense mechanism to mitigate losses and their subsequent effects, thus highlighting the growing trend towards innovative solutions within the active protection systems market.
Prominent entities within the active protection systems market are dedicated to product innovation, exemplified by the creation of Iron Fist, a hard-kill active protection system (APS) tailored to deliver steadfast solutions for customers. Iron Fist boasts a modular design, offering adaptability across a spectrum of platforms, ranging from light utility vehicles to heavily armored fighting vehicles. Elbit Systems Ltd., an Israel-based defense contractor, unveiled Iron Fist in August 2023, positioning it as a robust defense mechanism against anti-tank threats, significantly enhancing platform survivability. This system ensures 360-degree protection for armored platforms, featuring a fixed active electronically scanned array radar sensor designed to detect incoming threats. Available in two versions - IFLK (Iron Fist Light Kinetic) catering to tanks and heavy infantry fighting vehicles (IFVs), and IFLD (Iron Fist Light Decoupled) tailored for light to medium infantry fighting vehicles (IFVs) - Iron Fist stands as a versatile and adaptable defense solution.
In November 2021, Rheinmetall AG, a Germany-based automotive and arms manufacturer, completed the acquisition of Zeppelin Mobile Systeme GmbH, a German army technology firm. This strategic acquisition is poised to consolidate diverse services catering to military needs under a unified entity. Zeppelin Mobile Systeme GmbH, known for manufacturing military systems, is expected to bolster Rheinmetall AG's offerings and capabilities within the military technology landscape, further strengthening its position in serving defense forces worldwide.
Major companies operating in the active protection systems market report are Artis LLC, Aselsan A.S., JSC Konstruktorskoye Byuro Mashinostroyeniya, Krauss-Maffei Wegmann GmbH & Co. KG, Rafael Advanced Defense System Ltd., Raytheon Technologies Corporation, Rheinmetall AG, SAAB AB, Israel Military Industries Ltd., Airbus SE, Safran SA, IMI Systems Ltd., General Dynamics Corporation, Rostec State Corporation, BAE Systems plc, Leonardo S.p.A., Thales Group, KBM Group, Israel Aerospace Industries Ltd., Elbit Systems Ltd., Nexter Group SA, Denel Dynamics Ltd., ST Engineering Ltd., AVX Aircraft Company LLC, Textron Inc., Missile Systems, Battlefields and Air Defense, QinetiQ Group plc, L3Harris Technologies Inc., Kongsberg Defense & Aerospace AS, Hanwha Defense Systems Corporation.
North America was the largest region in the active protection systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the active protection systems market report during the forecast period. The regions covered in the active protection systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the active protection systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Active Protection Systems can be broadly categorized into hardware and software components. The hardware encompasses devices such as sensors and radars that constitute the protective system. Kill system variants, including the soft kill system, hard kill system, and reactive armor, play a crucial role in enhancing the overall defense capabilities. These protective measures are applicable across diverse platforms, namely land-based, airborne, and marine environments. The end users benefiting from these systems span across defense and homeland security sectors. The integration of APS in various scenarios contributes significantly to the survivability and resilience of both personnel and assets.
The active protection systems market research report is one of a series of new reports that provides active protection systems market statistics, including active protection systems industry global market size, regional shares, competitors with an active protection systems market share, detailed active protection systems market segments, market trends, and opportunities, and any further data you may need to thrive in the active protection systems industry. This active protection systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Active Protection Systems Market Characteristics3. Active Protection Systems Market Trends and Strategies31. Global Active Protection Systems Market Competitive Benchmarking32. Global Active Protection Systems Market Competitive Dashboard33. Key Mergers and Acquisitions in the Active Protection Systems Market
4. Active Protection Systems Market - Macro Economic Scenario
5. Global Active Protection Systems Market Size and Growth
6. Active Protection Systems Market Segmentation
7. Active Protection Systems Market Regional and Country Analysis
8. Asia-Pacific Active Protection Systems Market
9. China Active Protection Systems Market
10. India Active Protection Systems Market
11. Japan Active Protection Systems Market
12. Australia Active Protection Systems Market
13. Indonesia Active Protection Systems Market
14. South Korea Active Protection Systems Market
15. Western Europe Active Protection Systems Market
16. UK Active Protection Systems Market
17. Germany Active Protection Systems Market
18. France Active Protection Systems Market
19. Italy Active Protection Systems Market
20. Spain Active Protection Systems Market
21. Eastern Europe Active Protection Systems Market
22. Russia Active Protection Systems Market
23. North America Active Protection Systems Market
24. USA Active Protection Systems Market
25. Canada Active Protection Systems Market
26. South America Active Protection Systems Market
27. Brazil Active Protection Systems Market
28. Middle East Active Protection Systems Market
29. Africa Active Protection Systems Market
30. Active Protection Systems Market Competitive Landscape and Company Profiles
34. Active Protection Systems Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Active Protection Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on active protection systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for active protection systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Solution: Hardware; Software
2) By Kill System Type: Soft Kill System; Hard Kill System; Reactive Armor
3) By Platform: Land-Based; Airborne; Marine
4) By End Users: Defense; Homeland Security
Companies Mentioned: Artis LLC; Aselsan A.S.; JSC Konstruktorskoye Byuro Mashinostroyeniya; Krauss-Maffei Wegmann GmbH & Co. KG; Rafael Advanced Defense System Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Artis LLC
- Aselsan A.S.
- JSC Konstruktorskoye Byuro Mashinostroyeniya
- Krauss-Maffei Wegmann GmbH & Co. KG
- Rafael Advanced Defense System Ltd.
- Raytheon Technologies Corporation
- Rheinmetall AG
- SAAB AB
- Israel Military Industries Ltd.
- Airbus SE
- Safran SA
- IMI Systems Ltd.
- General Dynamics Corporation
- Rostec State Corporation
- BAE Systems plc
- Leonardo S.p.A.
- Thales Group
- KBM Group
- Israel Aerospace Industries Ltd.
- Elbit Systems Ltd.
- Nexter Group SA
- Denel Dynamics Ltd.
- ST Engineering Ltd.
- AVX Aircraft Company LLC
- Textron Inc.
- Missile Systems, Battlefields and Air Defense
- QinetiQ Group plc
- L3Harris Technologies Inc.
- Kongsberg Defence & Aerospace AS
- Hanwha Defense Systems Corporation
Methodology
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