Military Logistics Market
Military Logistics Market Size Anticipated at a USD 60.50 Billion By 2030, Growing at A CAGR Of 5% From 2021 To 2030
The Military Logistics Market Size witnessed significant traction in recent years owing to the growing terrorist attacks, territorial conflicts, and cross border crimes that have necessitated the construction and maintenance of military bases and border infrastructure, which is estimated to boost spending on military logistics and infrastructure. Furthermore, investments towards modernizing existing logistics channels are also expected to positively impact the market growth.
Market USP
Technological advancements such as real-time tracking for increased visibility of logistics is opening up new opportunities for key players operating in the market.
Key Players
Following is the Military Logistics Market Players:
- AECOM (US)
- Anham FZCO (UAE)
- ASELSAN A.S. (Turkey)
- BAE Systems plc (UK)
- DynCorp International LLC (US)
- Fluor Corporation (US)
- Honeywell International, Inc. (US)
- KBR, Inc. (US)
- Lockheed Martin Corporation (US)
- Thales Group (France)
Growth Opportunities in the Market
Dominance of logistics distribution in the market: The logistics distribution segment dominated the global Military Logistics Market Overview in 2018 and this trend is expected to continue during the forecast period. The segment accounted for over 35% of the global market. Infrastructure up-gradation undertaken by militaries in countries including the US, China, and Germany among others is expected to drive segmental growth during the forecast period. Moreover, the implementation of technologies such as the Internet is Things (IoT) in logistics for real-time tracking is expected to further encourage the segment growth.
Roadways expected to lead the mode of transportation segment: The roadways segment was the largest segment in 2018 and was valued at approximately USD 133.20 billion. The higher reliability offered by road logistics mainly during transportation of military-grade or sensitive cargo, is expected to positively influence the segmental growth. Moreover, higher connectivity through roadways is further expected to drive the market growth during the forecast period.
Table Of Contents
- EXECUTIVE SUMMARY
- MARKET INTRODUCTION
- MARKET RESEARCH METHODOLOGY
- MARKET FACTOR ANALYSIS
- MARKET DYNAMICS
- GLOBAL MILITARY LOGISTICS MARKET, BY TYPE
- GLOBAL MILITARY LOGISTICS MARKET, BY MODE OF TRANSPORTATION
- GLOBAL MILITARY LOGISTICS MARKET, BY REGION
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
- APPENDIX
Military Logistics Market Research Report: Information by Type (Logistics Distribution, Facility Management and Services), By Mode Of Transportation (Roadways, Railways, Waterways and Airways) and Region (North America, Europe, Asia-Pacific and Middle East Africa and Latin America) - Forecast till 2030
Related Link:
- Homeland Security and Emergency Management Market Research Report: Information by Installation Base (Fixed Command Centers and Deployable Command Centers), Component (Solution and Services), Platform (Land, Maritime, Airborne and Space), Application (Military, Homeland Security Cyber Protection and Commercial) and Region (North America, Europe, Asia-Pacific, Middle East Africa and Latin America) - Forecast till 2030
- Explosive Trace Detection (ETD) Market Research Report: Information by Technology (Chemiluminescence (CL),Ion Mobility Spectrometry (IMS), Mass Spectrometry (MS), Thermo-Redox, Surface Acoustic Wave (SAW), Chemical Reagents, and Ultraviolet Fluorescence), System Type(Portable, Semi-Portable, and Fixed Site), Application (Commercial [Airports, Railways, Retail Markets, Ports, Cargo Vehicles, Banking, Financial Services, Insurance (BFSI),and Others]and Military Defense [Law Enforcement, Homeland Security, and Others]) - Forecast till 2030
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
