Market Size of Deployable Military Shelters Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 0.97 Billion |
Market Size (2029) | USD 1.02 Billion |
CAGR (2024 - 2029) | 1.14 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Deployable Military Shelters Market Analysis
The Deployable Military Shelters Market size is estimated at USD 0.97 billion in 2024, and is expected to reach USD 1.02 billion by 2029, growing at a CAGR of 1.14% during the forecast period (2024-2029).
The COVID-19 pandemic did not significantly impact the deployable military shelters market. However, in certain countries, the military deployed temporary shelters to be used as temporary COVID-19 medical centers for quarantine and treatment purposes.
The evolving battlefield requirements have necessitated increased military units' deployment in far-away warzones and various diverse terrains for training and strategic operational purposes. Unrest across the borders with neighboring countries is generating the need for deployment of thousands of soldiers, which generates the need for portable military shelters.
Significant investments are being directed toward developing shelters with fewer parts, less weight, high tensile strength, and enhanced ease of fabrication and assembly. Advancements in designs and material technologies have resulted in the development of military shelters that are easy to transport and deploy and have a higher tolerance to extreme environments, which is further expected to accelerate the market's growth over the coming years.