Military Shelters Market Trend & Forecast

Military Shelters Market Trend & Forecast

Military Shelters Market Trend & Forecast
Report code - SRAD339 Published On : May,2021 No. of Pages: 240
Military Shelters Market Size, Share, Trend, Forecast, Growth & Competitive Analy See more...

Market Insights

The military shelters market is estimated to grow from USD 0.944 billion in 2022 and is likely to grow at a CAGR of 3.5% during 2023-2028 to reach USD 1.2 billion by 2028.

Snapshot

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What are military shelters?

Military shelters are specialized structures or enclosures used by the military for a variety of reasons such as protection, lodging, storage, and operational activities. These shelters are intended to offer a safe and secure environment for personnel, equipment, and supplies in difficult and severe environments.

Military shelter systems are deployed for a multitude of purposes including temporary living, medical support centers, arms and ammunition storage, etc., by the defense authorities for their troops. These shelters are in the form of containers, tents, panels, etc. that are deployed for a certain period.

Military Shelters Market Report Overview

Market Size in 2028

USD 1.2 Billion

Market Size in 2022

USD 0.944 Billion

Market Growth (2023-2028)

CAGR of 3.5%

Base Year of Study

2022

Trend Period

2017-2021

Forecast Period

2023-2028

 

Covid-19 Impact

The overall impact of the Pandemic on the demand for military shelters seemed negligible since a vast majority of the contracts for military shelters are long-term in nature, immensely assisting the industry stakeholders to survive the pandemic shocks. Stratview Research’s estimates suggest that the market for military shelters is estimated to reach a value of US$ 1,081.2 million in 2026.

key players

The following are some of the key military shelter manufacturers are-

The formation of long-term contracts and the development of innovative products are some of the key strategies adopted by the major players in order to gain a competitive edge in the market. The prevalent COVID-19 crisis has pushed the leading players to realign their strategies to adapt to the need of the hour.

Market Dynamics

The market is driven by a host of factors, some of which are noted below:

  • The defense industry has exhibited significant growth over the past few years with almost every country increasing its military expenses and budgets.
  • The demand for military shelters has also considerably grown in the wake of surging military and humanitarian operations/missions.
  • Currently, the manufacturers of military shelter structures are focused on the development of lightweight, portable, and cost-efficient systems.
  • Over the eons, the major shelter manufacturers have switched to composite shelters aiming at greater durability, cost efficiency, and lightweight, some of the most urged requirements from defense authorities.
  • As a result, it is anticipated that in the forthcoming years, composites would be the primary material used for the development of military shelters.

Military Shelters Market Snapshot

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Emerging Forces Reshaping the Military Shelters Market:

  • Embracing Lightweight Materials: The market is witnessing a progressive shift toward the adoption of lightweight materials, such as composites. These advanced materials present numerous advantages over conventional options like steel and concrete. Composites offer superior strength, reduced weight, and enhanced resistance to corrosion compared to steel, while also demonstrating greater energy efficiency compared to concrete. The intrinsic qualities of these lightweight materials make them an ideal choice for military shelters, meeting the requirements of being both portable and durable for ease of transportation.
  • ISO Certification for Quality Assurance: The significance of ISO certification cannot be overstated in the market. Obtaining an ISO certification is a globally recognized standard for maintaining high-quality management systems. For military organizations, this certification serves as a testament to the adherence to strict quality standards in the manufacturing process of shelters. Assurance of superior quality is paramount when it comes to catering to the needs of military operations.
  • Surging Demand for Non-Rigid Shelters: Non-rigid wall shelters are gaining immense popularity due to their rapid deployment and exceptional portability. These flexible shelters provide a practical solution for military operations that require quick setup and frequent relocation. Additionally, non-rigid shelters offer a more budget-friendly alternative to rigid wall shelters, which proves advantageous for military entities managing cost constraints.
  • Resilience Amidst the Pandemic: Despite the far-reaching impacts of the COVID-19 pandemic on numerous industries, the market has shown remarkable resilience. Military organizations have continued to invest in new shelters, even amidst the pandemic's challenges. Furthermore, long-term contracts with these organizations have served as a stabilizing force, safeguarding the market's performance during uncertain times.
  • Advancements in System Integration: Manufacturers are increasingly incorporating cutting-edge systems into military shelters, encompassing control and tactical equipment, as well as sophisticated environmental monitoring systems. These integrations enhance the overall functionality and performance of military shelters while ensuring the safety and well-being of personnel in harsh conditions.
  • Sustained Stability through Long-Term Contracts: In the military shelters market, contracts are typically extended over substantial timeframes, ranging from 3 to 5 years. This prolonged commitment is essential for military organizations to secure a reliable supply of shelters tailored to their specific requirements. Moreover, long-term contracts play a vital role in fostering market stability, mitigating the risks of price fluctuations and uncertainty.

Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories:

By Size

  • Small Shelters
  • Large Shelters

By Shelter Type

  • Rigid Shelters
  • Non-Rigid Shelters

By Product Type

  • Expandable Shelters
  • Non-Expandable Shelters

By Installation

  • Vehicle-Mounted Shelters
  • Ground-Based Shelters

By Material

  • Polyester
  • Composite
  • Steel
  • Others

By Application

  • Medical Facility
  • Command & Control
  • Storage
  • Aircraft Base
  • Repair & Maintenance
  • Accommodation
  • Others

By Region

  • North America (Country Analysis: The USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, South Korea, and Rest of Asia-Pacific)
  • Middle East & Africa (Country Analysis: Israel, Saudi Arabia, and Others)
  • Latin America (Country Analysis: Brazil and Others)

Top 5 countries share

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Segment Analysis

Shelter Size Trends

The market is bifurcated into small shelters (length < 6 meters) and large shelters (length > 6 meters). Small shelters held a market share of more than 50% in 2022 & are the preferred category in the market and are estimated to maintain their huge lead over small shelters in the years to come. Small shelters are also estimated to grow at a healthy pace over the forecast period.

Shelter Trends

The market is also segregated into rigid shelters and non-rigid shelter systems. Non-rigid shelters are soft-wall shelters, made up of fabrics, whereas rigid shelters are hard wall containers or panels. The rigid shelters hold a lion’s share of more than 70% in 2022 & are expected to remain dominant during the forecast period. 

They are of a higher cost majorly due to the integration of various rigid materials and expensive mechanisms. All the major countries usually prefer rigid wall shelters for medical facilities and command-and-control posts. Expandable containers are the most preferred rigid shelter type, usually supplied in the length of 20”.

Segmentation

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Application Trends

Moreover, military shelters are deployed for serving a wide range of applications including personnel accommodation, command, and control posts, medical facility posts, storage, aircraft hangars, and many more. The study of recent contracts between military shelter manufacturers and defense authorities corroborates that there has been a greater demand for rigid military shelters for the command-and-control post.

The command-and-control post accounted for a market share of more than 55% in 2022 & is expected to grow at a fast pace during the forecast period.

Regional Insight

North America currently accounts for the largest share of more than 45% in 2022 & is estimated to grow at a robust CAGR during the forecast period. with the USA having an exponentially high annual defense budget and expenses. The region (North America) is estimated to maintain its indubitable lead in the years to come.

On the basis of region, Asia-Pacific is supposed to witness the fastest growth in the forthcoming years, primarily propelled by China, India, Japan, and South Korea, the key military spenders of the region. 

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

 

How big is the sales opportunity?

In-depth Analysis of the military shelters market

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market segment analysis and Forecast

Which are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirement?

10% free customization

Research Methodology

This report, from Stratview Research, studies the market over the trend period of 2017 to 2021 and the forecast period of 2023 to 2028. After a continuous interest in our military equipment market reports from the industry stakeholders, we have tried to further accentuate our research scope to the military shelters market in order to provide the most crystal-clear picture of the market. 

The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with the market players across the value chain in all five regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players)
  • SWOT analysis of key players (up to three players)

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

Military shelters are specialized structures or enclosures used by the military for a variety of reasons such as protection, lodging, storage, and operational activities. These shelters are intended to offer a safe and secure environment for personnel, equipment, and supplies in difficult and severe environments.

The market is estimated to grow from USD 0.944 billion in 2022 to reach USD 1.2 billion by 2028.

The market is likely to grow at a CAGR of 3.5% during 2023-2028.

General Dynamics Mission Systems, Inc., Marshall Aerospace and Defence Group, AAR Corp., Kratos Defense & Security Solutions, Inc., Anchor Industries, Inc., Weatherhaven Global Resources Ltd., HDT Global, HTS tentiQ are among the key players in the market.

North America currently accounts for the largest share of more than 45% in 2022 & is estimated to grow at a robust CAGR during the forecast period.

Asia-Pacific is supposed to witness the fastest growth in the forthcoming years, primarily propelled by China, India, Japan, and South Korea, the key military spenders of the region.

The defense industry has exhibited significant growth over the past few years with almost every country increasing its military expenses and budgets & the demand for military shelters has also considerably grown in the wake of surging military and humanitarian operations/missions.

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