Ascending military spending of governments and notable rise in border conflicts continues to push sales of deployable military shelters on a global level. The global deployable military shelter market will most likely surpass the value of US$ 1 Bn by 2029, as projected by a new Future Market Insights (FMI) report. Witnessing healthy growth in revenues over 2019 - 2029, demand for deployable military shelters will be prominent in temporary military bases in conflict affected areas as well as overseas.
Key Takeaways - Deployable Military Shelter Market Study
- North America’s deployable military shelter market would register robust growth, driven by increasing spending on military and military personnel by the region’s governments.
- Vehicle-mounted shelters are set to witness substantial demand in the deployable military shelter market owing to increase in the need for mobile tactical operation centers.
- Sales of polymer-based deployable military shelters continues to grow at a remarkable rate, owing to their lighter weight and higher strength as compared to shelters made from composite materials.
Manufacturers in the deployable military shelter market should eye profits in the military shelters with carbon-hybrid structures. These structures are lighter in weight but have a stronger frame that provides high snow and wind tolerance as compared to their conventional counterparts. They also tend to occupy lesser space volume, thereby reducing storage and transportation costs for the military.
Military Spending on Rise
The global deployable military shelter market is set for witness significant growth in the foreseeable future, attributable to growth in the number of overseas military bases around the world due to political unrest, and war on terror. While the U.S., China, and Russia remain top markets owing to their highest military expenditure, economies such as India, North Korea, and Saudi Arabia also represent lucrative markets for manufacturers of deployable military shelters. This high growth potential is attributable to their expanding military budgets.
For More Detailed Insights on Deployable Military Shelter Market
Deployable Military Shelter Market: Competitive Landscape Analysis
The global deployable military shelter market is highly consolidated, with tier-1 players accounting for nearly half of the market share. Some of the key market players included in the report are Alaska Structures, General Dynamics Corporation, and AAR. The deployable military shelter market has witnessed significant advancements from key players in the recent past. Mergers & acquisitions, expansion of manufacturing facilities, and product development are some of the key strategies adopted by market players to retain their position in the global deployable military shelter market.
Find More About Deployable Military Shelter Market Report Inclusions
FMI, in its new research report offers an unbiased analysis of the global deployable military shelter market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2029. The study reveals insights on the deployable military shelter market and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the deployable military shelter market value chain. Readers can also find key trends and market growth scenarios based on shelter type, material, size, application, and regions such as North America, Latin America, East Asia, South Asia, Europe, Oceania, and the Middle East & Africa.
For additional insights on the deployable military shelter landscape, write to the analyst at email@example.com
About Industrial Automation & Equipment division of FMI
The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry stakeholders and channel partners when it comes to sustain, grow, and identify new revenue prospects.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.