Military Logistics Market is projected to be valued at USD 475.74 Billion by 2025, expanding at a CAGR approximately over 5% between 2019 and 2025.
Military logistics is an essential branch of the military that is instrumental in carrying out effective and quick transport of resources such as troops, food, and armament to disaster-prone locations. Owing to growing geopolitical instability amongst nations, countries have adopted a military approach to safeguard national interest.
The market 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 is also expected to positively impact the market growth.
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Market Drivers
- Growing Deployment of Military Troops in War Prone Regions
- Growing Need for Effective and Immediate Disaster Relief
Market Restraints
- Lowering of Military Budgets in Recent Years
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.
Growth Opportunities in the Market
- Dominance of logistics & distribution in the market: The logistics & distribution segment dominated the global military logistics market 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.
Key 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)
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Table of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.2. Global Military Logistics Market, by Type
1.3. Global Military Logistics Market, by Mode of Transportation
1.4. Global Military Logistics Market, by Region
2. Market Introduction
2.1. Market Definition
2.2. Scope of the Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
3. Market Research Methodology
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
Continued……….
List of Tables
Table 1 Global Military Logistics Market, by Type, 2018–2025
Table 2 Global Military Logistics Market, by Mode of Transportation, 2018–2025
Table 3 Global Military Logistics Market, by Region, 2018–2025
Table 4 North America: Military Logistics Market, by Country, 2018–2025
Table 5 North America: Military Logistics Market, by Mode of Transportation, 2018–2025
Table 6 North America: Military Logistics Market, by Type, 2018–2025
Table 7 Us: Military Logistics Market, by Type, 2018–2025
Continued……
List of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued……
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