The Global Military Shelter Market is Expected to Grow at a CAGR of 1.6% by 2021

IRVING, Texas, November 29, 2017 (Newswire.com) - ​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.

This report has 51 figures/charts and 22 tables spread through 107 pages. For more detail on this report please click link http://www.lucintel.com/global-military-shelter-market-2016-2021.aspx  

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.

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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.

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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.

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

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This 107-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or [email protected].

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About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com

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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.

Source: Lucintel