According to a new market report published by
Lucintel, the future of the global military shelter market looks good with
opportunities in expandable shelters, personnel shelters, vehicle mounted
shelters, container, and command posting shelter segment. The global military
shelter market is forecast to grow at a CAGR of 1.6% from 2016 to 2021. The major growth drivers of this
market are increase in military expenditure and increase in conflict in
different regions of the world.
In this market, expandable,
personnel, vehicle mounted, command posting, and container are the segments of
the military shelter type. Lucintel predicts that the demand for containers is
likely to experience the highest growth in the forecast period due to multi
functionality of containers.
Within
the military shelter market, conventional materials military shelter is
expected to remain the largest market by material type. Lower price and
durability are the major factors, which
would spur growth for this segment over the forecast period.
North America is expected to remain the largest market due to high usage of military shelter
in this region and involvement of USA in war.
Asia Pacific is
expected to grow with the highest CAGR during the forecast period due to
increasing demand of new mobile military shelter, increasing conflict between
the neighboring countries and rise in defense budget.
Emerging
trends, which have a direct impact on the dynamics of the industry, include
technological advancements of raw materials in military shelters and focus on
mobile capability of military shelters. General Dynamics, AAR Mobility Systems,
Marshall Specialty Vehicle, Kratos (Gichner), and Nordic Shelter are the major manufacturers
of military shelter.
Lucintel, a
leading global strategic consulting and market research
firm, has analyzed growth opportunities in the global military shelter market by
shelter type, material type, and region and has come up with a comprehensive
research report, “Growth
Opportunities in the Global Military Shelter Market 2016-2021: Trends,
Forecast, and Market Analysis.” The
Lucintel report serves as a spring board for growth strategy as it provides a
comprehensive data and analysis on trends, key drivers, and directions. The
study includes a forecast for the growth opportunities in the global military
shelter market by shelter type, material type, and region as follows:
By shelter type (Value $ Million from 2010 to
2021):
·
Expandable Military Shelter
·
Personnel Military Shelter
·
Vehicle Mounted Military Shelter
·
Command Posting Military Shelter
·
Container
·
Others
By material type (Value $ Million from 2010 to
2021):
·
Composite Military Shelter
·
Conventional Military Shelter
By region (Value $ Million from 2010 to 2021):
·
North America
·
Europe
·
Asia Pacific
·
Rest of World
This
107-page research report will enable you to make confident business decisions
in this globally competitive marketplace. For a detailed table of contents,
contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com. Lucintel
offerings include Aerospace
Report, Defense
Market Report, Strategic
Growth Consulting, Commercial Due Diligence
Report and Business
Strategy Consulting.
About Lucintel
Lucintel, the premier global management
consulting and market research firm, creates winning strategies for growth. It
offers market assessments, competitive analysis, opportunity analysis, growth
consulting, M&A, and due diligence services to executives and key
decision-makers in a variety of industries. For further information, visit
www.lucintel.com.
This
report answers following 10 key questions:
Q.1: What are some of the potential, high-growth
opportunities for global military shelter market by shelter type (Expandable
Shelters, Personnel Shelters, Vehicle Mounted Shelters, Container and Command
Posting Shelters), material type (Composites and Conventional Shelters), and
region (North America, Europe, Asia Pacific, and Rest of World)?
Q. 2. Which product /segments will grow at a faster
pace and why?
Q. 3. Which region will grow at a faster pace
and why?
Q.4: What are the key factors affecting market
dynamics? What are the drivers and challenges in this market?
Q.5: What are the business risks and threats of this
market?
Q.6: What are emerging trends in this market and
reasons behind them?
Q.7: What are some of the changing demands of
customers in the market?
Q.8: Who are the major players in this market? What
strategic initiatives are being implemented by key players for business growth?
Q.9: How is the competitive rivalry and threat of
substitution in this market?
Q. 10: What are M&A activities in the last 5 years
in this market? What reasons to these activities and how have they impacted the
industry.
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