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Military Tent & Shelter Market Analysis

  • Report ID: GMI4916
  • Published Date: Jan 2021
  • Report Format: PDF

Military Tent & Shelter Market Analysis

style="text-align:justify">In 2020, rigid military shelters accounted for more than USD 650 million and will continue steady growth through 2027. Rising popularity of expandable and non-expandable military containers will support segment’s growth. Rugged construction, ease of set up and long lifespan requirements will contribute towards growth of rigid military shelters. These shelters are used by many leading military forces for command centers, accommodation, tactical operations centers, dining facilities and medical facilities.

 

Electronic and lighting systems can be embedded within these shelters to enhance functionality. These shelters can be transported by cargo aircraft, helicopter, truck, rail, ship, etc. to the field. Some rigid shelters are mounted on military vehicles which are used to transport mission tools & equipment and other valuable supplies. Furthermore, few aircraft hangers incorporate rigid wall technology, these hangers are used for storage, repair and maintenance of aircrafts.

 

Accommodation & operations segment is poised to witness 1% CAGR in military tent & shelter market till 2027 owing to increasing demand of military shelters for sleeping quarters, dining facilities, command centers, communication facilities, training facilities, tactical operation centers, showering facilities, etc. Rapid deployable shelters used for accommodation purposes are gaining huge popularity within military sector. One of the key advantages of these shelters is their short set up time with minimal human effort. These shelters are being produced keeping in mind extreme weather conditions of various terrains. These shelters are capable of handling wide temperature ranges, high speed wind and harsh snowfall & rain.
 

Military Tent & Shelter Market Share

North America military tent & shelter market size will clutch more than 25% share in 2027. The U.S. holds the leading position in military spending and accounted for more than USD 700 billion for defense expenditures in 2019. U.S. military spending increased by more than USD 40 billion between 2015 and 2019 due to rising armament procurement and overseas military operations. U.S. has military base across every inhabited continent and more than 50 countries. The U.S. government spends approximately USD 150 billion for bases and personnel abroad. These favorable trends associated with defense spending will positively influence the product sales in the region.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global military tent & shelter market had generated over USD 1.1 billion in revenue during 2020 and is estimated to grow at a 1% CAGR through 2027.

Rigid military shelters accounted for a market share of around USD 650 million in 2020 and will witness a significant demand with the growing popularity of expandable and non-expandable military containers.

The market size from accommodation & operations segment is likely to grow at a 1% CAGR through 2027 due to a strong demand from command centers, sleeping quarters, dining facilities, and other areas.

North America is expected to capture around 25% of the market share by 2027 driven by the increasing military expenditure in the U.S.

Military Tent & Shelter Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 14
  • Tables & Figures: 114
  • Countries covered: 18
  • Pages: 130
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