The report includes a forecast analysis which anticipates the global active protection systems market to acquire a value of US$5.253 billion by 2025 from US$2.847 billion in 2016. At this pace, the market is expected to grow at a progressive CAGR rate of 7.1% from 2017 to 2025.
Albany, NY -- (SBWIRE) -- 08/11/2017 -- In the present scenario, the global active protection systems market is boosted due to the strong demand for land based defense system as well as for ballistic missile defense system. To discuss further, Market Research Reports Search Engine (MRRSE) has added the latest research study titled as "Active Protection Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025". This intelligent study includes data related to the current as well as future market status, with a keen focus on prime market drivers and opportunities. Also, the report includes a forecast analysis which anticipates the global active protection systems market to acquire a value of US$5.253 billion by 2025 from US$2.847 billion in 2016. At this pace, the market is expected to grow at a progressive CAGR rate of 7.1% from 2017 to 2025.
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It is interesting to know, the active protection system is capable of shooting down and interrupting various threats such as anti-tank missiles and rocket-propelled grenades. These systems possess accuracy with minimum collateral damage, making them quite efficient for such tasks. The report initiates with the brief introduction related to the market drivers and restraints and also encloses data concerned with key trends analysis and opportunity analysis.
In the later section, the research analyzes the active protection systems market at the global scale for different regions. The prime market regions targeted in the report are North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. As per key research findings, it has been noticed that the market exhibits lazy growth in Europe. On the other hand, the Asia-Pacific region is viewed as the highest CAGR contributor, with China spotted as the major market for active protection system in this particular region. Further, in this section, the readers can access details about the market segmentation. Based on platform type, the global active protection systems market is divided into naval, land and airborne. Also, on the basis of system type, the variation comprises of radar decoy, electro-optics jammers, infrared decoy, light weapon defense, directed energy, rocket/missile based and others.
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In the final section of the report, the report focuses on the key players operating in this sector. The prime manufacturers are Safran Electronics & Defence, Konstruktorskoye Byuro Mashynostroyeniya, Airbus Group, The Raytheon Company, SAAB AB, Rafael Advanced Defense Systems Ltd., Rheinmetall AG, Aselsan A.S., Artis LLC and Israel Military Industries. This portion of the report discusses the company details, market presence, SWOT Analysis and strategic overview.
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