Military Tent and Shelter Market: Global Industry Analysis And Forecast (2023-2029)

Global Military Tent and Shelter Market size was valued at US$ 902.5 Mn. in 2022, and the total revenue is expected to grow by 1.26% from 2023 to 2029, reaching nearly US$ 985.2 Mn.
Military Tent and Shelter Market Overview:
Due to the governments aiming to strengthen defense and security, military spending across the Globe has risen exponentially in the last decade. The World's military spending reached an all-time high of USD 2.1 trillion. The United States, China, India, the United Kingdom, and Russia were the highest spenders; thus, these factors are expected to be the significant drivers of the Global Military Tent and Shelter Market.To know about the Research Methodology :- Request Free Sample Report

Military shelters are structures used worldwide to protect soldiers and military equipment; Instruments, equipment, and other objects are protected and stored in military tents and shelters, which have a weather-tight, lockable, and ventilated rigid wall enclosure. Tactical shelter systems are portable, transportable buildings that provide a live-in or work environment for a specific functional necessity. Because of their portability and versatility, they are often preferred over traditional brick-and-mortar structures.

Military Developments and Growing Expenditure

The Military and defense systems have advanced dramatically in emerging and developed countries over the last 20 years. Military spending was at 1982 billion dollars in 2022, and it is projected to climb in light of the recent war developments between Russia and Ukraine. India, China, Russia, the United States, and the United Kingdom contribute for 62% of global military spending.

In 2022, US military spending was $803 billion, down 1.39 percent from 2022. Military spending in the United States fell marginally from 3.7 percent of GDP in 2022 to 3.5 percent in 2022, owing to the pandemic. According to the Stockholm International Peace Research Institute (SIPRI), India's military budget in 2022 was the third-largest in the World. In 2022, India's military spending was $76.6 billion, up 0.9 percent from 2022 and 33% from 2012. Thus these developments are projected to drive the Military Tent and Shelter Market in an upward direction.

Increasing Warfare among Nations

The Russian Federation launched a military invasion of Ukraine on February 24, 2022, deepening a conflict smoldering since Russia's acquisition of Ukraine's Crimean peninsula in 2014. On February 21, 2022, Russian President Vladimir Putin launched soldiers into Ukraine on a "peacekeeping" mission, which escalated to a large-scale invasion on February 24, 2022, after officially recognizing the rebel Ukrainian provinces of Donetsk and Luhansk.

In November 2022, tensions between Ethiopia's rival political groups erupted into a bloody civil war. Eritrea, which shares a northern border with Ethiopia, has also contributed troops to the battle. The conflict has spread to neighboring nations, with sporadic clashes occurring in Sudan and Somalia. The fight, dubbed the "Tigray War" for the province where it originated, had claimed the lives of almost 9,000 people.

Further, The Israeli–Palestinian conflict is a long-running conflict between Israel and Palestinians that dates back to the mid-twentieth century. The Israeli occupation of the West Bank and Gaza Strip has lasted 54 years, making it one of the World's most prolonged conflicts.
Military Tent and Shelter Market Segment Analysis:
By Product Type, the global Military Tent and Shelter market is segmented into Rigid and Non-Rigid Military tents and Shelters. Rigid Wall Miltary Tents and Shelters are modular, adaptable, and configurable, and they can be expandable or non-expandable shelters. Expandable systems can be set up as kitchens, medical facilities, baths, billets, or command centers and can be set up quickly with only a few people. Organizations who seek a solution that is quickly deployable, self-contained, and ready to use can benefit from non-expandable shelters.

In 2022, rigid military tents and shelters accounted for USD 648 Million and is expected to dominate this segment during the projection period.

By Application Type, the Military Tent and Shelter Market is divided into Accommodation, Repair and Maintainance, Storage, Medical Facilities, and Other. The Accommodation Shelters are durable and dependable for emergency relief, and army tents are easy to erect and adaptable. They can be utilized as command centers, lodging tents, canteens, meeting halls, or even medical camp triage locations. Military Accommodation Shelters are built to meet basic military specifications and are adaptable to country-specific requirements. They can be set up in temperatures ranging from -40° to +70°C and can withstand winds of up to 100 km/h. Accommodation Shelters are expected to dominate the military tent and shelter market in this segment.
Regional Insights:
The report contains an in-depth analysis of the Global Military Tent and Shelter Market by geographical region across North America, Asia-Pacific, South America, the Middle East, and Africa. The rapid rise in population in Asia-Pacific has caused an exponential increase in demand for Military Tent and Shelter due to the presence of countries like India and China. In 2022, China, the World's second-largest spender, would devote an estimated $293 billion to its military, up 4.7 percent from 2022. China's military budget has increased for the past 27 years. The Chinese budget for 2022 was the first of the 14th Five-Year Plan, which will last until 2029.

North America is expected dominate the global Military Tent and Shelter Market due to increasing military spending and technological advancements. When it was beefing up its forces near the Ukrainian border, Russia increased its military spending by 2.9 percent to $65.9 billion in 2022; Russia's military spending increased for the third year in a row in 2022, reaching 4.1 percent of GDP. The alliance of NATO (North Atlantic Treaty Organization) deploys armies around the World for peacekeeping operations, emergencies etc.; this is projected to stimulate the Global Military Tent and Shelter Market With growing developments in the Middle East and Africa, the Military Tent and Shelter market is projected to grow steadily.

The objective of the report is to present a comprehensive analysis of the Military Tent and Shelter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The report also helps understand the Military Tent and Shelter Market dynamics and structure by analyzing the market segments and projecting the Military Tent and Shelter Market size. Explicit representation of competitive analysis of key players by-product, Price, financial position, product portfolio, growth strategies, and regional presence in the Military Tent and Shelter Market make the report investor's guide.
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Military Tent and Shelter Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 902.5 Mn


Forecast Period 2023 to 2029 CAGR:
1.26 %
Market Size in 2029:
US $ 985.2 Mn


 Segments Covered:
by Product Type
Rigid
Non-Rigid


by Application Type
Functional Beverages
Functional Foods
Dietary Supplements
Cosmetics
Others


by Size
Small
Medium
Large


by Material
Polymer Fabric
Nylon
Composite



Military Tent and Shelter Market , by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Key Players are:
1.Kampa
2.Sierra Designs
3.Mont
4.Oase Outdoors
5.Hyke and Byke
6.Zempire
7.Zhonghai Minsheng
8.TETON SPORTS
9.East Inflatables
10.Guangzhou Barry Industrial
11.Coleman
12.Exxel Outdoors
13.Berghaus
14.Browning Camping
15.Alpkit
16.AMG GROUP
17.Heimplanet
18.Black pine Sports
19.DHS Systems
20.AAR Corporate
21.General Dynamics
22.Gichner Shelter Systems
23.Super Structures Worldwide
24.Zeppelin GmbH
25. HTS tentiQ
26.Losberger GmbH
27.Marshall Aerospace and Defense Group
28.Shelter Tent Manufacturing Co., Ltd.

Frequently Asked Questions (FAQ)

1. What was the market size of the Military Tent and Shelter Market in 2022?
Ans The market size of the Military Tent and Shelter Market in 2022, was valued at the US 902.5 Mn.

2. Which region is expected to show a significant share in this industry?
Ans North-American region is projected to increase and acquire a significant share in the forecasting period.

3. What is the CAGR of the Military Tent and Shelter Market in the forecast period (2023-29)?
Ans Military Tent and Shelter Market is expected to grow at a CAGR of 1.26 percent during the forecasting period.

4. Who are the key players involved in manufacturing Military Tent and Shelter Market equipment?
Ans HTS tentiQ, Losberger GmbH, Marshall Aerospace and Defense Group, Shelter Tent Manufacturing Co., Ltd are the key players involved.

5. What is the Forecast Period of Military Tent and Shelter Market ?
Ans The Forecast Period of the market is 2023-2029 in the market.