Encouraging Expenditures by the Government of Countries on the Defense Sector drives the Military Tank Container Market at a CAGR of 4.9%
Global military tank container market is expected to grow from US$ 97.6 Mn in 2017 and is anticipated to escalate at a CAGR of 4.9% from 2018 to 2025 to account for US$ 140.2 Mn by 2025.
(EMAILWIRE.COM, May 05, 2018 ) Latest market study on Military Tank Containers Market 2025 by Material Type (Stainless Steel and Aluminum Alloy); Container (Dry Container and Reefer Container); Supplies (Water, Fuel and Others); and End-User (Homeland Security & Military)– Global Analysis and Forecast”, the military tank container market is estimated to reach US$ 140.2 Mn by 2025 from US$ 97.6 Mn in 2017. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Get sample copy of this report: https://tinyurl.com/ycjq9qof
The key factor influencing the adoption of military tank containers globally, is the governmental initiatives to enhance the defense vehicles. Growing political tensions amongst the warring nations across the globe have propelled the countries to adopt a powerful military approach in order to safeguard national interests. The US, China, Russia, the UK, India, Saudi Arabia and France are the leading countries for military expenditures. Strengthening military in order to combat external foreign threats, allows for peace like situation within a country and law enforcement within the geographical borders of the nation. Deployment of army troops for such purposes is usually practiced. The increasing allocation of military budgets proves to be very promising for the procurement of efficient military tank container solutions. Thus, the encouraging budget allocations by the various countries depict large potential opportunities for the procurement of military tank containers
The global military tank market is further segmented into: by material, container type, supplies, end-users and geography. The market for military tank containers is anticipated to expand at a prime growth rate in the Asia Pacific region during the forecast period from 2018 to 2025. One of the major factor prevailing is the presence of major defense powers in Asia Pacific region such as China, India, South Korea, and Japan among others. These regions are constantly deploying their armed forces at remote locations for peacekeeping missions and deter threats from terrorist activities and other external forces. As a result, to support these remotely deployed troops with essentials, the major defense forces in the region are increasingly procuring tank containers, which is driving the market for military tank containers.
Furthermore, North America is a prominent market for military tank containers in the current market scenario owing to the rapid deployment of troops by the US defense forces. The US Department of Defense (DoD) is constantly posting its troops in countries such as Afghanistan, Syria, Iraq, South Korea, Kuwait and Italy among others in order to deter different threats and maintain sustainable atmosphere. Thus, increasing number of troop deployment from these countries is anticipated to be reason behind the growth of military tank containers market in Asia Pacific region.
View Complete TOC with tables & Figures: https://tinyurl.com/yakvzks4
Some of the key players of military tank container market includes WEW Container System GmbH, Klinge Corporation, Krampitz Tanksystem GmbH, SEA BOX, Inc., AMA S.p.A, ANCORA Sp. Z o. o., VARIEL, a. s., Eurotainer SA, LAVA Engineering Company, and Saxon Containers Fze among others.
The report segments the global military tank container market as follows:
Global Military Tank Container Market – By Material Type
Solar Stainless Steel
Aluminum Alloys
Global Military Tank Container Market – By Container Type
Dry Container
Reefer Container
Global Military Tank Container Market – By Supplies
Water
Fuel
Others
Global Military Tank Container Market – By End-Users
Military
Homeland Security
Global Military Tank Container Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Russia
U.K.
Rest of Europe
Asia Pacific (APAC)
China
India
South Korea
Japan
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
South Africa
U.A.E.
Rest of MEA
South America (SAM)
Brazil
Get sample copy of this report: https://tinyurl.com/ycjq9qof
The key factor influencing the adoption of military tank containers globally, is the governmental initiatives to enhance the defense vehicles. Growing political tensions amongst the warring nations across the globe have propelled the countries to adopt a powerful military approach in order to safeguard national interests. The US, China, Russia, the UK, India, Saudi Arabia and France are the leading countries for military expenditures. Strengthening military in order to combat external foreign threats, allows for peace like situation within a country and law enforcement within the geographical borders of the nation. Deployment of army troops for such purposes is usually practiced. The increasing allocation of military budgets proves to be very promising for the procurement of efficient military tank container solutions. Thus, the encouraging budget allocations by the various countries depict large potential opportunities for the procurement of military tank containers
The global military tank market is further segmented into: by material, container type, supplies, end-users and geography. The market for military tank containers is anticipated to expand at a prime growth rate in the Asia Pacific region during the forecast period from 2018 to 2025. One of the major factor prevailing is the presence of major defense powers in Asia Pacific region such as China, India, South Korea, and Japan among others. These regions are constantly deploying their armed forces at remote locations for peacekeeping missions and deter threats from terrorist activities and other external forces. As a result, to support these remotely deployed troops with essentials, the major defense forces in the region are increasingly procuring tank containers, which is driving the market for military tank containers.
Furthermore, North America is a prominent market for military tank containers in the current market scenario owing to the rapid deployment of troops by the US defense forces. The US Department of Defense (DoD) is constantly posting its troops in countries such as Afghanistan, Syria, Iraq, South Korea, Kuwait and Italy among others in order to deter different threats and maintain sustainable atmosphere. Thus, increasing number of troop deployment from these countries is anticipated to be reason behind the growth of military tank containers market in Asia Pacific region.
View Complete TOC with tables & Figures: https://tinyurl.com/yakvzks4
Some of the key players of military tank container market includes WEW Container System GmbH, Klinge Corporation, Krampitz Tanksystem GmbH, SEA BOX, Inc., AMA S.p.A, ANCORA Sp. Z o. o., VARIEL, a. s., Eurotainer SA, LAVA Engineering Company, and Saxon Containers Fze among others.
The report segments the global military tank container market as follows:
Global Military Tank Container Market – By Material Type
Solar Stainless Steel
Aluminum Alloys
Global Military Tank Container Market – By Container Type
Dry Container
Reefer Container
Global Military Tank Container Market – By Supplies
Water
Fuel
Others
Global Military Tank Container Market – By End-Users
Military
Homeland Security
Global Military Tank Container Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Russia
U.K.
Rest of Europe
Asia Pacific (APAC)
China
India
South Korea
Japan
Rest of APAC
Middle East & Africa (MEA)
Saudi Arabia
South Africa
U.A.E.
Rest of MEA
South America (SAM)
Brazil
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
The Insight Partners
Sameer Joshi
Tel: +91 9666111581
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results