According to the report by Expert Market Research (EMR), the global military shelter market size reached a value of approximately USD 904.74 million in 2022. Aided by the escalating global tensions and escalating demand for advanced, mobile, and durable military infrastructures, the market is projected to further grow at a CAGR of 1.80% between 2023 and 2028 to reach a value of USD 1,006.96 million by 2028.
Military shelters serve as a pivotal part of the strategic and tactical arsenal of contemporary armed forces, featuring in a broad array of applications, ranging from command centres, medical posts, aircraft hangars, to storage facilities. They are designed to withstand extreme environmental conditions, offering a safe and secure space for operations and dwellings. Beyond their traditional uses, these shelters have emerged as crucial assets for humanitarian missions and disaster relief operations.
One of the major factors driving the global military shelter market growth is the escalating geopolitical tensions and conflicts worldwide. These challenges necessitate robust and efficient defence infrastructures, thereby pushing the demand for durable and rapidly deployable military shelters. Moreover, the global rise in defence budgets further propels market growth as nations continue to modernise their military and defence capabilities.
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The application of military shelters extends beyond conventional warfare. They play a vital role in peacekeeping missions, natural disaster management, and humanitarian relief operations. For instance, in the aftermath of earthquakes, floods, or conflicts, military shelters are often used to provide immediate, secure housing for displaced persons. This wide-ranging application of military shelters significantly contributes to military shelter market expansion.
Furthermore, advancements in technology have led to the development of military shelters that are lightweight, easily transportable, and capable of withstanding extreme weather conditions. Modern shelters are designed for rapid deployment and offer improved resistance against chemical, biological, radiological, and nuclear (CBRN) attacks, fuelling the military shelter market development. They are often equipped with advanced power management systems, HVAC systems, and advanced communication systems.
The trend of collaborative manufacturing and partnerships between defence companies also bolsters the military shelter market demand. For instance, collaborations between manufacturers and defence agencies facilitate the development of custom-designed military shelters that meet specific operational requirements. This trend, coupled with increased military spending globally, presents a promising landscape for the market.
Besides, the emergence of green military shelters, featuring energy-efficient and eco-friendly designs, is a novel trend shaping the military shelter market. These structures incorporate renewable energy sources, such as solar power, to decrease reliance on conventional fuel sources and reduce the overall carbon footprint. This move towards sustainable and environmentally-friendly military shelters provides another growth avenue for market players.
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Military Shelter Market Segmentation
The market can be divided based on type, material, application, and region.
Market Breakup by Type
- Vehicle Mounted
- Command Post
Market Breakup by Material
Market Breakup by Application
- Homeland Security
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global military shelter companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Georges Veldeman NV
- Weatherhaven Global Resources Ltd.
- AKS Industries, Inc.
- Big Top Manufacturing, Inc.
- DEW Engineering and Development ULC
- & J. Carter Limited
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