About Military Tank Containers
Since early 21st century, technological innovations have fueled revolutions in global military affairs. With the increase in the global arms trade, the potent warfare capabilities of numerous countries have increased invariably. In the coming years, countries like China, France, Germany, India, Iran, Japan, Pakistan, Russia, South Korea, Taiwan, the UK, and the US will likely boost their capabilities to indigenously manufacture and import advanced military tank containers to ensure proper supply of vital products (such as food, water, oil, gas, and pharmaceuticals) to their respective armed troops. The defense authorities around the globe are focusing more on the procurement and deployment of military tank containers, thereby lending adequate support to soldiers in the military encampments.
Technavio’s analysts forecast the global military tank containers market to grow at a CAGR of 3.63% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global military tank containers market for 2016-2020. In addition, the report discusses the major drivers influencing the market's growth and the challenges faced by vendors and the market as a whole.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Military Tank Containers Market 2016-2020
Technavio recognizes the following companies as the key players in the global military tank containers market: Klinge, Krampitz Tanksystem, Textainer Group Holdings, UralVagonZavod, and Westerwalder Eisenwerk.
Other Prominent Vendors in the market are: AAR Mobility Systems, ACMH, Ancora, Nuova Manaro, and Variel.
Commenting on the report, an analyst from Technavio’s team said: “Emergence of armed tank containers will be a key trend for market growth. Military tank containers are used to supply basic necessities such as food, water, and medicines to armed troops regularly. These vehicles are suitable of crossing rough terrain and perform high-speed operations on rough and rocky roads. However, any potential attack on the tanks pose significant threats to the goods being transported and can prevent the supplies from reaching their destinations.”
According to the report, growing demand for tailor-made tank containers will be a key driver for market growth. Over the years, with rapid advances in the military sector amid the changing battlefield scenario, there have been simultaneous developments in the military support systems. For example, the military tank containers that were developed to enable the provision of food, water, and fuel to the armed troops for their respective use, can be custom-made to transport other goods (such as medicines and artillery) as well. With the growing concerns over the health of armed troops, there has been an increased focus on the transportation of medicines and other medical aids to military confinements, globally.
Further, the report states that one of the major challenges of operating military tank containers is the supply chain complexities they pose. The supply chain of containers is dynamic, including the sourcing of material, equipment, and personnel to the final frontier. This is largely because of the unscheduled and spontaneous movement of armed troops in emergency situations and the consequent changes in the maintenance and transportation of the reserved stocks such as vehicular equipment, ammunitions, water, medical, and ration supplies.
Klinge, Krampitz Tanksystem, Textainer Group Holdings, UralVagonZavod, Westerwalder Eisenwerk, AAR Mobility Systems, ACMH, Ancora, Nuova Manaro, Variel.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook