Market Share of Deployable Military Shelters Industry
The deployable military shelter market is highly fragmented and highly competitive, with competition from military fabric manufacturers, military equipment manufacturers, sports gear manufacturers, and extreme weather shelter manufacturing companies. UTS Systems, General Dynamics Corporation, AAR Corp., Saab AB, and HDT Global are some of the market's major players. The smaller players that have risen due to the spike in demand in 2020 are expected to remain in the market for another 3-4 years, with only about 50% of these players surviving beyond the 5-year period when profits start to decline, and costs start to catch up. Major players planning to expand their presence globally should wait out these next 2-3 years to acquire small domestic firms or form JVs and partnerships with these companies to reduce risks and costs by taking the dominant role in the business. The manufacturers of deployable military shelters are continually looking for ways to develop shelters that can withstand a wide range of harsh weather conditions, keeping in mind the various defense authorities' certification requirements across the world. This will help manufacturers gain new contracts from the militaries and expand their market share during the forecast period.
Deployable Military Shelters Market Leaders
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HDT Global
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UTS Systems
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General Dynamics Corporation
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AAR CORP.
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Saab AB
*Disclaimer: Major Players sorted in no particular order