Active Protection Systems Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Active Protection Systems Market Size Analysis and Top Companies

The global active protection systems market size is estimated to hit around USD 8 billion by 2032 from USD 5.11 billion in 2023 with a CAGR of 5.11% from 2024 to 2033. The top companies operating in the active protection systems market are SAAB AB, The Raytheon Company, Airbus Group, Konstruktorskoye Byuro Mashynostroyeniya, Rafael Advanced Defense Systems Ltd., Rheinmetall AG, Safran Electronics & Defense, Aselsan A.S., Artis, LLC, Israel Military Industries and others.

Active Protection Systems Market Scope

Recent Developments

• In March 2022, The Patriot (MIM-104) air defense system, made by Raytheon and Lockheed Martin, is a long-range, all-altitude, all-weather air defense system designed to counter cruise missiles, sophisticated aircraft, and tactical ballistic missiles.
• In October 2021, Rheinmetall demonstrated its next-gen technology (HX3 Tactical Truck) at the AUSA Annual Meeting & Exposition (Washington), which addresses the US Army's top modernization challenges. It has improved crew protection, greater mobility, improved driving comfort, and a digital interface architecture.
• In October 2021, It was confirmed by Rheinmetall Defence Australia that the Lynx infantry fighting vehicle (IFV) test chassis would be produced in the company's Queensland, Australia, facility and exported to the US.
• In May 2021, The KAMA active protection system was created by the ASELSAN and REHS Sector Presidencies and is effective at close range while causing little environmental harm.
• In May 2021, Saab was given a contract to sell its Barracuda multispectral camouflage systems to France by the French defense procurement agency, Direction Générale De L'Armement (DGA).

Competitive Landscape

New optronics and sensor subsystem R&D are being stimulated by the rising need for APS. In the meantime, businesses are attempting to increase their geographic reach in developing regions like Asia-Pacific. With the help of DRFM technology, modern systems, like the BriteCloud expendable active decoy, create a fake target that draws the RF threat system away from the aircraft. India also intends to introduce more than 1,600 T-90 tanks by 2020.

The "Make in India" project of the Indian Ministry of Defence is most likely to include an APS made domestically. Therefore, in order to produce these weapon systems, foreign businesses will have to work with Indian manufacturers in accordance with the "buy and make" condition of the defense purchase procedure.

Active Protection Systems Market Companies

• SAAB AB
• The Raytheon Company
• Airbus Group
• Konstruktorskoye Byuro Mashynostroyeniya
• Rafael Advanced Defense Systems Ltd.
• Rheinmetall AG
• Safran Electronics & Defense
• Aselsan A.S.
• Artis, LLC
• Israel Military Industries 

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