The Military Shelter market is projected to grow at a CAGR of XX% during the forecast period, reaching a total market size of US$XX billion in 2024. Rising military expenditure is one of the major drivers of military shelter market. The demand for military shelters is rapidly increasing due to rising threat of terrorist attacks worldwide which is boosting the need of huge temporary shelters which can be quickly deployed. Geographically, North America and Europe hold significant regional market shares owing to rising border conflicts and growing military expenditures in these regions.
DRIVERS
Rising threat of terrorist attacks
High concerns towards safety of military personnel
OPPORTUNITIES
Technological advancements in raw materials
INDUSTRY UPDATE
In October 2018, Alaska Structures Inc. was granted a patent for its multi-layer deployable military shelter insulation system.
The major players profiled in the Military Shelter market include Alaska Structures, Inc., Rubb Buildings Ltd., General Dynamics Mission Systems, Inc., DHS Systems International, Röder HTS Höcker GmbH, Berg Company, Weatherhaven, AAR Mobility Systems, CAMSS SHELTERS, DEW Engineering and Development ULC
Segmentation
The Military Shelter Market has been analyzed through the following segments:
By Type
Hard Wall Shelter
Soft Wall Shelter
By Material Type
Composite
Conventional
By Application
Command and Control
Equipment Storage
Aircraft and Vehicle Maintenance
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
United Kingdom
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
Japan
India
South Korea
Others
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