The Active Protection Systems Global Market Report 2023, provides comprehensive information on the active protection systems market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Active Protection Systems Global Market Report 2023, the global active protection systems market size is expected to grow from $3.43 billion in 2022 to $3.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global active protection systems market size is expected to grow to $4.69 billion in 2027 at a CAGR of 6.3%.

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The development of innovative active protection systems is a key trend gaining popularity in the active protection systems market. Major companies operating in active protection systems are developing innovative protection systems to sustain their position in the market. For instance, in May 2021, ASELSAN, a Turkey-based arms manufacturing company started the development of the KAMA active protection system. The main aim of this development is to provide low-environmental damage products with a self-defense mechanism to avoid unwanted losses and consequent effects.

The active protection systems market is segmented:
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

North America was the largest region in the active protection systems market in 2022.

The table of contents in TBRC’s active protection systems market report includes:
1. Executive Summary
2. Active Protection Systems Market Characteristics
3. Active Protection Systems Market Trends And Strategies
4. Active Protection Systems Market - Macro Economic Scenario
5. Active Protection Systems Market Size And Growth
…..
26. Africa Active Protection Systems Market
27. Active Protection Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Active Protection Systems Market
29. Active Protection Systems Market Future Outlook and Potential Analysis
30. Appendix

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