Dallas, TX – February 3, 2011: In 2010, global military shelter shipment value topped US $470 million and the market is expected to reach US $516 million by 2016. The rising threat of terrorist activities coupled with the emergence of nuclear states and prevalence of conventional military threats are expected to drive defense spending across the globe thereby giving a boost to military shelters procurement in the coming years.
Lucintel, a leading global Management Consulting and market research firm, has analyzed the global military shelter market and just now published a comprehensive research report, “Opportunities in Global Military Shelter Market: Market Size, Market Share, Trend and Forecast Analysis".
As per the study, flexibility and mobility are significant factors driving the shelter market. Military shelters have specific usage and are largely driven by research and development activities. The demand for composite and conventional military shelters is expected to grow with a CAGR of 4.43% and 0.29% respectively over the next five years (2011–2016). In 2011, the composite military shelter market is expected to capture 23% of the military shelter market, with strong growth in subsequent years.
Lucintel estimates that countries outside of North America and Europe will show the highest growth rate in terms of value shipments, followed by the European military shelter market and the North American shelters market (2011–2016).
Vehicle mounted military shelters hold the largest share of the military shelter market and is expected to grow at a steady rate.
This Lucintel research report provides insights regarding the military shelter market, its background and characteristics. The market is analyzed both in terms of segments and regions. This report profiles the leading players and their market share in detail. It also addresses trends, forecasts, key drivers and challenges in the military shelter market.
For a detailed table of contents and pricing information on this timely and insightful report, please contact Lucintel at 972-636-5056 or via email at email@example.com. Lucintel provides cutting edge decision support services that help you make critical decisions with greater speed, insight, and cost efficiency. To find out more, please visit http://www.lucintel.com.
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