Active Protection System Market on Track for Historic Expansion and Untapped Potential
The global active protection system market was valued at USD 3.77 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period. Active protection systems (APS) are designed to safeguard military vehicles and combat platforms by detecting, intercepting, and neutralizing incoming threats such as anti-tank guided missiles (ATGMs),...
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