LONDON, Dec. 18, 2016 /PRNewswire/ -- 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 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.This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today's stringent economy, you need every advantage that you can find.To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of "Growth Opportunities in the Global Military Shelter Market 2016-2021: Trends, Forecast, and Opportunity Analysis" include:
Market size estimates: Growth opportunities in the global military shelter market size estimation in terms of value ($B).Trend and forecast analysis: Global military shelter market trend (2010-2015) and forecast (2016-2021) by region and segment.Segmentation analysis: Global military shelter market size by various material segments such as Expandable Shelters, Personnel Shelters, Vehicle Mounted Shelters, Container and Command Posting Shelters in terms of value shipment, by material segments such as conventional and composite in terms of value shipment.Regional analysis: Global military shelter market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.Growth opportunities: Analysis on growth opportunities in different shelter type, materials, and regions. Strategic analysis: This includes M&A and competitive landscape of Global military shelter market suppliers.Emerging applications: Emerging applications of Global military shelter market. Analysis of competitive intensity of the industry based on Porter's Five Forces model.
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