Military Tank Containers Market Trends, Size, Share, By 2025
In terms of revenue, the global military tank container market was valued at US$ 97.6 million in 2017 and is projected to reach US$ 140.2 million by 2025.
The military tank container market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. The most prominent region in the current market scenario stands for North America 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. The deployment of large numbers of troops across the globe has led the country to invest significant amounts in the development as well procurement of military tank containers to transport essential commodities to the isolated troops. In addition, Canada on the other hand is also strengthening its logistic facility with these tank containers as the Canadian army is also deploying forces for peace keeping mission. The market for military tank containers is foreseen to witness an expeditionary growth in Asia Pacific region, pertaining to the huge demand for such containerization among defense forces especially Chinese, South Korean and Indian army. The rise in terrorist attacks and other political and warring activities in the above mentioned countries is leading the defense forces to deploy troops along the borders as well as in remote locations. The 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 during the forecast period.
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Military Tank Containers Market: Strategic Insights
Military Tank Containers Market
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CAGR (2017 - 2025)
4.9%
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Market Size 2017
US$ 97.6 Million
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Market Size 2025
US$ 140.2 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material
- Stainless Steel and Aluminium Alloy
Container Types
- Reefer Containers and Dry Containers
Supplies
- Water
- Fuel
End User
- Homeland Security and Military
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Military Tank Containers Market: Strategic Insights
-
CAGR (2017 - 2025)4.9% -
Market Size 2017
US$ 97.6 Million -
Market Size 2025
US$ 140.2 Million
Market Dynamics
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- XXXXXXX
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Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Stainless Steel and Aluminium Alloy
- Reefer Containers and Dry Containers
- Water
- Fuel
- Homeland Security and Military
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights–Military Tank Container Market
Growing Deployments of Troops in Peacekeeping Missions Globally by Major Countries of the World
The US is the most powerful nation in the world in terms of the army troop deployments globally. According to US DoD, in 2016 the country spent close to US$ 596 Bn on defense and other related activities. In a recent development proposed by the US Government, there was an announcement of 10% increase in the budget for expenditure on the army troops for the DoD. The expenditure by the country on defense related activities is such that it is more than the next seven countries combined expenditures. Accordingly, the country has deployed approximately 2 lakh troops globally in close to 177 countries of the world. Out of the entire defense budget close to 35% of the share is allocated for the territorial military troops. Domestically, 1.1 Mn active troops are stationed while the rest have been deployed in countries like Afghanistan, Syria, Iraq, Germany, Egypt, South Korea, Kuwait and Italy. The tense political situation in the Middle East has resulted in the larger troops of the army being deployed in those countries for longer times. The troops are usually deployed at strategic locations in such cases to gain competitive advantage and these locations usually face water scarcity. The demand for optimal supply of water and fuel at such locations for efficient operations has been growing and thereby driving the demands for military tank containers.
Type Segment Insights
Based on type, the dry container segment dominated the global military tank container market in 2017. The advantages of an ISO dry tank container are reliability, cost-effectiveness and the safety measure achieved in transportation of bulk liquid to the remotest and inaccessible locations. As these tank containers are designed to meet specific standards and are therefore able to withstand extreme pressure and rough climatic conditions.
Material Segment Insights
Based on material, the stainless steel segment dominated the global military tank container market in 2017. Stainless steel tank containers are durable and low maintenance products that can last for a long period of time once manufactured and put to repeated use. Moreover, the hygienic properties of stainless steel make it an ideal choice for transportation of water, perishable food products and pharmaceuticals.
Supplies Segment Insights
Based on supplies, the fuel segment held the largest share in global military tank container market in 2017. The advantages of an ISO dry tank container are reliability, cost-effectiveness and the safety measure achieved in transportation of bulk liquid to the remotest and inaccessible locations. As these tank containers are designed to meet specific standards and are therefore able to withstand extreme pressure and rough climatic conditions.
End User Segment Insights
Based on end user, the homeland security segment held the largest share in global military tank container market in 2017. As a large number of personnel are deployed for peacekeeping missions, the frequency of usage of military tank containers for provisioning water, fuel, gases and food products and pharmaceuticals is also high that would be driving the demands by this end-user during the forecast period.
The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2018, Krampitz signed an agreement with Norwegian Government to deliver and install an above ground gas station in the mobile containers. This agreement helped the company to establish its footprints in Norway, thereby increasing its customer base.
- In 2017, WEW Container Systems has signed an agreement with US Army to deliver additional Camel low-profile water tank. Under this contract WEW deliver 167 tanks to prime contractor Choctaw Defense for integration into the Camel II Unit Water Pod System. As per the contract, WEW Container Systems GmbH was supposed to deliver 167 camel low profile water tanks, out of which the company has partially fulfilled the requirements.
- In 2017, WEW launched integrated logistics services to support of tank container system. The company had updated its support services in order to bear the rigidities of multi-modal transport and storage in extremely harsh environmental conditions.
Military Tank Containers Market Report Scope
Report Attribute | Details |
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Market size in 2017 | US$ 97.6 Million |
Market Size by 2025 | US$ 140.2 Million |
Global CAGR (2017 - 2025) | 4.9% |
Historical Data | 2015-2016 |
Forecast period | 2018-2025 |
Segments Covered |
By Material
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Regions and Countries Covered | North America
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Market leaders and key company profiles |
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The global military tank container market has been segmented as follows:
Military Tank Container Market – By Type
- Stainless Steel
- Aluminum Alloy
Military Tank Container Market – By Material
- Reefer Containers
- Dry Containers
Military Tank Container Market – By Supplies
- Water
- Fuel
- Others
Military Tank Container Market – By End User
- Homeland Security
- Military
Military Tank Container Market- By Region
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- UK
- Russia
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Rest of APAC
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
Military Tank Container Market – Companies Profiles
- WEW Container Systems GmbH
- Krampitz Tanksystems GmbH
- Klinge Corporation
- Seabox, Inc.
- Variel A.S.
- Ancora Sp. Z. O. O.
- AMA Spa
- Eurotainer
- Lava Engineering Company
- Saxon Containers Fze.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material, Container Types, Supplies, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
The List of Companies
1. WEW Container System GmbH
2. Klinge Corporation
3. Krampitz Tanksystem GmbH
4. SEA BOX, Inc.
5. AMA S.p.A
6. ANCORA Sp. Z o. o.
7. VARIEL, a. s.
8. Eurotainer SA
9. LAVA Engineering Company
10. Saxon Containers Fze