Lucintel's Analysis of Growth Opportunities in Global Military Shelter Market: Market to Reach $521 Million by 2020


   January 1 2013
The global military shelter market will achieve growth more in the composite shelters than in the conventional shelters. Vehicle mounted shelter and expandable shelters are the two others segments that will witness commendable growth. The North American region has been the largest consumer of military shelters, followed closely by Europe. According to market forecasts, the global military shelter market is expected to reach $521 by 2020.  
Lucintel, a leading global Management Consulting and market research firm, has conducted a competitive analysis on this market and presents its findings in "Global Military Shelter Market 2013-2020: Trend, Forecast, and Competitive Analysis.” This study provides a concise overview of the global military shelter market in terms of value and projected annual growth.
Lucintel discusses the various challenges and opportunities faced by the global military shelter market. The military shelter market has to undergo rigorous testing and stringent certification rules and processes and this is proving to be one of the biggest challenges faced by the military shelter manufacturers. The buyers of such military shelters usually demand customized shelters, so highly technical design constraints are challenges for the industry; however, innovative new designs and technologically advanced engineering applications are making their way into the market, driving it towards growth trajectory.
Lucintel's study encompasses the major drivers. As have been mentioned earlier, innovative and technically sound engineering designs are becoming major drivers for this market. Also, many ROW and APAC countries are increasing their defense budget which in turn is driving the industry. India and China are two countries in this region with a significant increase in defense budget.
This report highlights different aspects of military shelter market in the world. Due diligence has been given to the current global market scenario.
The global military shelter market is expected to have steady growth in near future. The top players need to formulate effective marketing strategies to take advantage of the opportunities, resulting in improved revenue and profitability.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com

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