DUBLIN, May 19, 2022--(BUSINESS WIRE)--The "Deployable Military Shelters Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2031)" report has been added to ResearchAndMarkets.com's offering.
The deployable military shelters market was valued at USD 933.48 million in 2021 and is projected to record a CAGR of over 1% during the forecast period 2022-2031.
General Dynamics Corporation
Rubb Buildings Ltd
Litefighter Systems LLC
Weatherhaven Global Resources Ltd
Eureka! Expeditionary Systems
Key Market Trends
Other Types Segment Accounted for a Major Market Share in 2021
The other types segment currently has the highest market share and is expected to continue its dominance during the forecast period. The segment includes relocatable storage units, deployable hangars, and custom-built temporary military housing units. Deployable hangars are fully demountable and relocatable and are designed to have the shortest assembly time.
In most cases, all the materials can be reused, both structure and envelope, in the next assembly of the building. Veldeman is one of the leading suppliers of deployable hangars for the United Nations, NATO, US Air Force, Royal Australian Air Force, Belgian Air Force, Canadian Air Force, Chilean Air Force, Indian Air Force, etc. Besides being a prime supplier of deployable hangars, the company also offers full accessory packages, including aircraft and personnel doors, lights, ventilation, and HVAC systems.
In May 2021, Saab received an order from the Bulgarian Air Force to deliver a Deployable Maintenance Facility (DAM). The DAM was planned to be deployed at multiple air bases throughout Bulgaria to complement existing permanent infrastructure. Such developments are expected to propel the segment's growth during the forecast period.
Europe is Expected to Witness the Highest Growth During the Forecast Period
The European region is expected to record the highest CAGR during the forecast period. European forces are strategically deployed by NATO partner countries in different peacekeeping missions around the world. For instance, in 2019, the UK Ministry of Defence (MoD) provided a contract worth GBP 9.5 million (USD 12.8 million) to Rubb UK to procure and refurbish military shelters. The company was awarded the contract to provide services over a period of two years.
Temporary shelters are used by the defense forces to set up medical camps and assist the wounded in war zones or affected areas during a pandemic. The COVID-19 pandemic triggered a multifold increase in demand for deployable military shelters. In March 2020, the French Army set up a military field hospital to relieve the pressure on the ICU of the main hospital in the eastern French city of Mulhouse.
The field hospital could admit up to 30 patients in intensive care. Similarly, several field hospitals have cropped up in Russia as the infection rate increased in the country. For instance, in May 2020, the Russian military opened a field hospital with a 100-bed capacity to treat COVID-19 patients in the North Caucasus region of Dagestan. A similar facility was also set up in the Murmansk region. Such developments are expected to propel the market's growth over the coming years.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Characteristics
4.3 Market Drivers
4.4 Market Restraints
4.5 Porter's Five Forces Analysis
5 MARKET SEGMENTATION (Market Size and Forecast by Value - USD million, 2018 - 2031)
5.1.3 Other Types
5.2.1 North America
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
7 MARKET OPPORTUNITIES
For more information about this report visit https://www.researchandmarkets.com/r/e2kdgm
View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005577/en/
Laura Wood, Senior Press Manager
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