Global Military Shelter Market Report and Forecast 2024-2032

Global Military Shelter Market Outlook

The global military shelter market size reached a value of approximately USD 921.03 million in 2023. The market is expected to grow at a CAGR of 1.80% between 2024 and 2032, reaching a value of around USD 1081.44 million by 2032.

Key Trends in the Market

A military shelter is a structure designed to protect military personnel and equipment from various external elements. These shelters can be made of a wide range of materials, depending upon expected exposure and come in a variety of sizes and shapes. Military shelters are designed to be easy and quick to install as well as fast to pack-up, while providing adequate security when deployed.

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• The global military shelter market is being driven by the demand for technologically advanced military shelters that offer strong defence against hostile threats and unfavourable weather conditions. Rising instances of territorial disputes and transnational warfare will likely further contribute towards the growth of the market for military shelter.

• The growing emphasis on the development of multipurpose and multifunctional shelters to meet varied requirements, such as those for habitation, command and control centres, and medical facilities is another crucial trend in the market. Multipurpose military shelters reduce the need for separate shelters, enabling military personnel to travel lighter.

• Increasing requirement for rapid deployment of military in the event of a natural disasters or terrorist attack is bolstering the military shelter market. As more high tech equipment is used by military forces, suitable military shelter is needed to prevent damage to the equipment.

Market Analysis

Based on type, the market is divided into expandable, personnel, vehicle mounted, command post, and container. By material, the market is segmented into composites, among others. On the basis of application, the market is bifurcated into military and homeland security. The regional markets for military shelter are divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global military shelter market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• AAR

• Georges Veldeman NV

• Weatherhaven Global Resources Ltd.

• AKS Industries, Inc.

• Big Top Manufacturing, Inc.

• DEW Engineering and Development ULC

• J. & J. Carter Limited

• Others

Market Share by Application

The military accounts for a leading share of the military shelter market by application, fuelled by the substantial increase in defence spending by various countries across the world. Deployments in the military can be sudden and take place in remote or challenging surroundings, with the volume of gear to be carried also varying. Military shelters help provide protection against the outdoor environment to military personnel, armaments, gear, and supplies, and can be quickly deployed to any area and adjusted in accordance with the needs of the task.

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Market Share by Region

North America is estimated to occupy a significant share of the market for military shelters over the forecast period. Increasing investments in the defence sector by countries such as the United States and the presence of various key players in the region are the primary drivers of the military shelter market in North America. Additionally, rising military expenditures and technology advancements in military equipment are also projected to aid the expansion of the market for military shelter in the region.

Competitive Landscape

AAR, established in 1951, is an independent service supplier to various governments and commercial aviation industries. with headquarters in Illinois, United States. The company offers aviation services and aftermarket expertise, which can be used jointly or independently, providing competitiveness on global passenger, cargo, and parts transportation.

Weatherhaven Global Resources Ltd., founded in 1981 and headquartered in British Colombia, Canada, is a global pioneer in the design, construction, and installation of movable turnkey shelters, camps, and field hospitals. The company evolved from serving the commercial sector to assisting governmental and non-governmental organisations.

DEW Engineering and Development ULC, established in 1978 and based in Ottawa, Canada, is a leading defence corporation that designs, tests, manufactures, and delivers a variety of armour and defence gear. This company is a leading producer of composite vehicle armour and cutting-edge lightweight composite armour systems for armoured, logistical, and police vehicles.

Other market players include Georges Veldeman NV, AKS Industries, Inc., Big Top Manufacturing, Inc., and J. & J. Carter Limited, among others.

Key Highlights of the Report