According to Future Market Insights, the Global Deployable Military Shelter Market will grow at a 4.7% year-on-year rate in 2022, reaching a value of approximately US$ 1,068.2 million by the end of 2022. (FMI). More military units have been deployed in distant warzones and diverse terrains for strategic operational and training purposes due to changing battleground requirements.
Increased military spending by governments, combined with an increase in border conflicts, is driving global sales of deployable military shelters. The global deployable military shelter market will most likely exceed US$ 1,464.0 Million by 2029, according to a new Future Market Insights (FMI) report. Demand for deployable military shelters will be high in conflict-affected areas as well as abroad, resulting in healthy revenue growth from 2022 to 2029.
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.
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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.
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.
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Global Deployable Military Shelter Market by Category
By Shelter Type:
- Rigid Wall Shelter
- Soft Wall Shelter
By Material:
- Polymer Fabric
- Nylon
- Polyester
- Composite
By Size:
- Small Shelters (length upto 6 meters)
- Large Shelters (Length greater than 6 meters)
By Application:
- Medical Facility
- Aircraft Base
- Command Post
- Vehicle Mounted
- Personnel
- Operations Center
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- MEA
- Oceania
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