Military Infrastructure Market
Military Infrastructure Market by Applications (Army, Navy, Air Force) by () , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 – 2028
The global Military Infrastructure market was valued at USD 8.65 Billion in 2020 and is projected to reach USD 14.54 Billion by 2028, growing at a CAGR of 3.8% from 2021 to 2028.
|Historical Data (Actual Data)||2016-2020|
|Base Year Data||2020|
|Current Year Date||2021 || 2021|
|Projected year data||2028|
|Annual Market Size (2028)||14.54 Billion|
|Annual Market Size (2021)|
|CAGR (2021 - 2028)||3.8%|
Overview and Description
Military infrastructure is the architecture and permanent installations essential for the support of armed forces, whether they are being deployed, stationed in bases, or engaged in operations. For instance, headquarters, barracks, communications facilities, airfields, port installations, stores of military equipment, and maintenance stations.
The global Military Infrastructure market report provides a thorough analysis of each segment, region, and country. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecasts, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report. In addition to that, the report will cover a thorough analysis of major players operating in the market based on company overview, product portfolio, recent developments, business strategies, financial performance, and market share among others. Cumulatively, the report will cover all aspects regarding the global Military Infrastructure market.
COVID-19 Impact Analysis
In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.
The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:
o Impact Assessment of COVID-19 Pandemic
o Pre & Post COVID-19 Market Size
o Qualitative analysis on the short term & long term impact of COVID-19 on the market
o The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.
The report includes an exhaustive analysis of Military Infrastructure industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends, SWOT analysis, and value chain among others.
Increasing security concerns which is pushing evolution of new military bases and this in turn enhances the security at border. The demand for innovation of facilities resulted into mixture of logistics and infrastructure.
Another powerful determinant that has exploded up the market globally for infrastructure is the rising regional conflicts and maritime tensions across the globe.
Huge costs involved is expected to hamper the market growth.
Global Military Infrastructure Market Report Scope
|Market Size Provided for Years||2016-2028|
|Market Size Provided In Terms Of||Revenue & Volume|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Countries Covered||The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Companies Covered||AECOM, KBR, Fluor Corporation, ANHAM, Klinge Corporation, DynCorp, Lockheed Martin Corporation, Aselsan, GENCO, Honeywell.|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
Applications Analysis: Preview
On the basis of Applications, the market is segmented into Army, Navy, Air Force. Navy held the highest share in the global Military Infrastructure market and is projected to witness the same trend during the forecast period.
Based on , the market is segmented into . accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Based on , the market is segmented into . dominates the global Military Infrastructure market and is expected to continue the same trend from 2021 to 2028.
Global Military Infrastructure Market: Applications Segment Analysis
- Air Force
Regional Analysis: Preview
Geographically, the global Military Infrastructure market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The report covers a thorough segmental analysis for each region comprising of market size and estimations for each segment by region for the years 2016–2028. In addition to that the report analyses Military Infrastructure market at country-level hence the regional study is further bifurcated into key country-level markets from each region. North America is anticipated to dominate the global market during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan.
Military Infrastructure Market Size, 2021 (USD Billion)
Global Military Infrastructure Market: Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Major players in the global Military Infrastructure market are AECOM, KBR, Fluor Corporation, ANHAM, Klinge Corporation, DynCorp, Lockheed Martin Corporation, Aselsan, GENCO, Honeywell.. The global Military Infrastructure market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network, and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.
Global Military Infrastructure Market: Key Highlights
- The global Military Infrastructure market was valued at USD 8.65 Billion in 2020
- The global Military Infrastructure Market is projected to reach USD 14.54 Billion by 2028
- North America held the highest share of the Military Infrastructure market in 2020
- Some of the major companies operating in the Military Infrastructure market are AECOM, KBR, Fluor Corporation, ANHAM, Klinge Corporation, DynCorp, Lockheed Martin Corporation, Aselsan, GENCO, Honeywell.
Frequently Asked Questions
- What is the global demand for Military Infrastructure in terms of revenue?
The global Military Infrastructure valued at 8.65 Billion in 2020 and is expected to reach 14.54 Billion in 2028 growing at a CAGR of 3.8%
- Which are the prominent players in the market?
The prominent players in the market are AECOM, KBR, Fluor Corporation, ANHAM, Klinge Corporation, DynCorp, Lockheed Martin Corporation, Aselsan, GENCO, Honeywell..
- At what CAGR is the market projected to grow within the forecast period?
The market is project to grow at a CAGR of 3.8% between 2021 and 2028.
- What are the driving factors fueling the growth of the market?.
The driving factors of the Military Infrastructure include
- Increasing security concerns which is pushing evolution of new military bases and this in turn enhances the security at border. The demand for innovation of facilities resulted into mixture of logistics and infrastructure.
- Another powerful determinant that has exploded up the market globally for infrastructure is the rising regional conflicts and maritime tensions across the globe.
- Which region accounted for the largest share in the market?
North America was the leading regional segment of the Military Infrastructure in 2020.