Military Logistics Market Research Report - Global Forecast till 2030

Military Logistics Market Research Report Information By Type (Logistics & Distribution, Facility Management, and Services), By Mode of Transportation (Roadways, Railways, Waterways, and Airways), and By Region (North America, Europe, Asia-Pacific, And Rest Of The World) ‚ÄďMarket Forecast Till 2030.

ID: MRFR/A&D/7042-HCR | 168 Pages | Author: Sejal Akre | March 2024         

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Global Military Logistics Market Overview


 Military Logistics Market Size was valued at USD 43.1 billion in 2022. The Military Logistics Market industry is projected to grow from USD45.255 Billion in 2023 to USD 60.64 billion by 2030, exhibitinga compound annual growth rate (CAGR) of 5.00% during the forecast period (2023 - 2030). The increase in deployment of military troops in war-prone locations and the high need for immediate and effective disaster solutions in the unpredictable geopolitical settingare the key market drivers enhancing the market growth.


 


Military Logistics Market Overview


Source Secondary Research, Primary Research, MRFR Database, and Analyst Review


Military Logistics Market Trends



  • Growing geopolitical instabilities are driving the market growth


The growing geopolitical instabilities amongst the conflicting nations are propelling the demand for military logistics. Such conflicts require the forces to strengthen their abilities with advanced technologies regarding arms, artilleries, and transportation facilities. These factors lead to increased fluctuations in military personnel movement and propel the demand for the supply of different war equipment. This is positively impacting the Military Logistics Market. Also, a major factor propelling the market CAGR in the  Military Logistics Market is the development of new military bases to strengthen border security and modernize facilities. Another important driver is the increasing need to deploy troops in humanitarian missions such as disaster relief and medical emergencies.


Additionally, the growing technological advancements in the defense sector are expected to provide new profitable opportunities leading to the rapid growth of the Military Logistics Market. Technological improvement and amalgamation of various connected technologies and artificial intelligence will provide scope for market growth. Some instances include using drones, Unmanned Aerial vehicles for military logistics. Other opportunities lie in the increasing inclination towards enhancing situational awareness and providing real-time information leading to the adoption of advanced military logistics.


The real-time tracking system includes GIS, RFID, and other solutions that help generate detailed maps to identify appropriate routes, roads & weather conditions. Thus, there are ample growth opportunities for the market. However, there are some restraints, like the huge expenditure required for setting up military bases and the risks due to the complexities of the supply chain. These may adversely impact the growth of the Military Logistics Market revenue.


Military Logistics Market Segment Insights


Military LogisticsType Insights


Based on type, the  Military Logistics Market segmentation includes logistics & distribution, facility management, and services. Logistics & distribution have dominated the market setting. The chief factor driving the market segment's growth is the application of new digital technologies, such as the Internet of Things (IoT). During the forecasted period, the facility management segment is expected to grow owing to actors such as modernization and restoration of facilities undertaken by the military of diverse nations. Medical services such as evacuation and hospitalization are likely to play a key role in accelerating the Military Logistics Market growth in the services category.


Figure1  Military Logistics Market, by Type,2022& 2030(USD billion)


Military Logistics Market, by Type,2022& 2030


Source Secondary Research, Primary Research, MRFR Database, and Analyst Review


Military Logistics Mode of Transportation Insights


The  Military Logistics Market segmentation, based on the mode of transportation, includes roadways, railways, waterways, and airways. Roadwayshave been dominating the market in recent times. Some key factors that work in favor of the market segment include high safety and convenience compared to other modes of transportation. The railway segment is also expected to play a key role and contribute to the market's growth due to the ability to transport many troops. The demand for the waterways segment is high among armed forces when transporting oil, petroleum, and other substances. The airways segment has grown considerably, evident from the developing of specialized military aircraft like Airbus A400MAtlas and Boeing C-17 Globemaster III.


For instance,September 2022 Conti Federal Services, a government construction and engineering company specializing in military and secure construction in the United States, signed a contract worth USD 140.9 million with the United States Army Corps of Engineers (USACE) to construct a new aircraft complex at Francis E. Warren Air Force Base in Cheyenne, Wyoming.


For instance,May 2022 Hensel Phelps Construction Co. received a contract worth USD 531.7 million from the United States Army Corps of Engineers to build flightline area facilities at Tyndall Air Force Base in Florida. The Department of Defense announced that the 11-facility construction project includes site improvement detection, protection features, and security enhancements.


Military Logistics Regional Insights


By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American weight loss market area will dominate this market, owing to the high number of investments in the military by the United States of America could also serve as a catalyst that will boost the market growth in this Region.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure2  MILITARY LOGISTICS MARKET SHARE BY REGION 2022 (%)


 MILITARY LOGISTICS MARKET SHARE BY REGION 2022


Source Secondary Research, Primary Research, MRFR Database, and Analyst Review


Europe's Military Logistics Market accounts for the second-largest market share due to the rise in investment in the R&D function to support smart logistics automation. Further, the German Military Logistics Market held the largest market share, and the UK Military Logistics Market was the fastest-growing market in the European Region.


The Asia-Pacific Military Logistics Market is expected to grow at the fastest CAGR from 2023 to 2030. This is due tothe increase in investment in military activities by India and China to upgrade their military strength. Moreover, China’s Military Logistics Market held the largest market share, and the Indian Military Logistics Market was the fastest-growing market in the Asia-Pacific region.


Military Logistics Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the Military Logistics Market grow even more. Market participants are also undertaking various strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The weight loss products industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the  Military Logistics industry to benefit clients and increase the market sector. In recent years, the Military Logistics industry has offered some of the most significant advantages in deploying military troops in war-prone locations. Major players in the Military Logistics Market, including AECOM, Fluor Corporation, Thales Group, BAE Systems Plc, DynCorp International LLC, Honeywell International, and others, are attempting to increase market demand by investing in research and development operations.


Conti Federal Services has delivered on-time and on-budget performance for some of the US Federal Government’s most challenging projects by operating according to our core values of safety, integrity, and compliance. Conti Federal’s expertise ranges from highly technical facilities supporting the F-35 fighter program in remote locations to critical infrastructure and resiliency projects delivered domestically and worldwide. Conti Federal Services, a government construction and engineering company specializing in military and secure construction in the United States, signed a contract worth USD 140.9 million with the United States Army Corps of Engineers (USACE) to construct a new aircraft complex at Francis E. Warren Air Force Base in Cheyenne, Wyoming.


Established in 1937, Hensel Phelps celebrates over three-quarters of a century in the construction industry as a direct result of the performance of our people who focus on providing clients with a higher level of service. Hensel Phelps Plans, Builds, and Manages a diverse range of domestic and international project types that encompass the development, new construction and renovation, and facilities management for a variety of project types, including aviation and transportation, commercial office, educational, government, healthcare, mission-critical, hospitality and leisure, industrial, justice and public safety, lab and research, multi-residence, museum and library, and more. Hensel Phelps is an industry leader in successfully delivering public and private projects, providing real estate development, construction, and facilities management services to support our client's needs. Hensel Phelps Construction Co. received a contract worth USD 531.7 million from the United States Army Corps of Engineers to build flightline area facilities at Tyndall Air Force Base in Florida. The Department of Defense announced that the 11-facility construction project includes site improvement detection, protection features, and security enhancements.


Key Companies in the Military Logistics Market include.



Military Logistics Market Segmentation


Military LogisticsType Outlook



  • Logistics & Distribution

  • Facility Management

  • Services


Military Logistics Mode Of Transportation Outlook



  • Roadways

  • Railways

  • Waterways

  • Airways


Military Logistics Regional Outlook



  • North America

    • US

    • Canada





  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe





  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific





  • Rest of the World

    • Middle East

    • Africa

    • Latin America




Military Logistics Industry Developments


For instance, September 2022 Conti Federal Services, a government construction and engineering company specializing in military and secure construction in the United States, signed a contract worth USD 140.9 million with the United States Army Corps of Engineers (USACE) to construct a new aircraft complex at Francis E. Warren Air Force Base in Cheyenne, Wyoming.


For instance, May 2022 Hensel Phelps Construction Co. received a contract worth USD 531.7 million from the United States Army Corps of Engineers to build flightline area facilities at Tyndall Air Force Base in Florida. The Department of Defense announced that the 11-facility construction project includes site improvement detection, protection features, and security enhancements.

Report Scope:

Report Attribute/Metric Details
  Market Size   USD USD 6,51,373.15 Billion
  CAGR   5%
  Base Year   2020
  Forecast Period   2021-2030
  Historical Data   2019
  Forecast Units   USD Billion
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, By Mode Of Transportation
  Geographies Covered   North American
  Key Vendors   AECOM,Fluor Corporation,Thales group,BAE Systems Plc,DynCorp International LLC,Honeywell International, Inc. ,Lockheed Martin Corporation,ASELSAN A.S.,Anham FZCO
  Key Market Opportunities   opportunity to align their strategy with the updated industry regulations so that they can operate flexibly.
  Key Market Drivers    Increase in deployment of military troops in war-prone locations and the high need for immediate and effective disaster solutions in the unpredictable geopolitical setting




Frequently Asked Questions (FAQ) :

The Military Logistics Market size was valued at USD 43.1 Billion in 2022.

North America had the largest share of the market

The key players in the market areAECOM, Fluor Corporation, Thales Group, BAE Systems Plc, DynCorp International LLC, Honeywell International, Inc., Lockheed Martin Corporation, ASELSAN A.S., and  Anham FZCO.

The logistics & distribution military logisticscategory dominated the market in 2022.

Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players‚Äô financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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