Global Military Tank Containers Market 2016-2020

Overview of the global military tank containers market

Market research analyst at Technavio has predicted that the global military tank containers market will grow at a CAGR of more than 3% between 2016 and 2020. Military tank containers are used to supply basic necessities such as food, water, and medicines to armed troops on a regular basis. These military vehicles are suitable of crossing rough terrain and perform high-speed operations on rough and rocky roads.  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 ascertain adequate supply of vital products such as food, water, oil, gas, and pharmaceuticals to their respective armed troops. The defense authorities across the globe have increased their focus on the procurement and deployment of military tank containers, which will lend sufficient support to soldiers in the military encampments. The growing requirement for the timely delivery of food and other necessary supplies such as ammunition, rations, medicines, and equipment will enhance the growth prospects for this market in the coming years.  

Owing to the potential attacks on the tanks and significant threats to the goods being transported, vendors are equipping tank containers with armors to combat enemy attacks. They are developing advanced military tank containers with improved protection, better durability, strike capabilities, and more effectiveness. Each container is incorporated with an anti-tank weapon, a grenade launcher, and a machine gun, which makes them capable of detecting attacks and responding to them. The Containerized Weapon System (CWS) of the US Army can also provide a defensive firepower boost, and also helps in the detection and differentiation of enemies.

Competitive landscape and key vendors

The global military tank containers market is highly competitive and vendors compete on the basis of cost, product quality, reliability, and aftermarket service. The global players dominate this market and primarily focus on lightweight materials, electric technologies, and robust systems to their product offerings. They have a competitive edge over other players in the market in terms of in-house manufacturing capabilities, newer technologies, global footprint network, product offerings, R&D investments, and strong client base. To sustain in the intensely competitive scenario, vendors in the market need to provide cost-effective and high-quality tank containers equipped with latest technologies.

Leading vendors in the market are -

• Klinge
• Krampitz Tanksystem
• Textainer
• UralVagonZavod
• Westerwalder Eisenwerk

Other prominent vendors in the military tank containers market include AAR Mobility Systems, ACMH, Ancora, Nuova Manaro, and Variel.

Segmentation by type and analysis of the military tank containers market

• Refrigerated containers
• Non-refrigerated containers

The refrigerated tank containers segment will continue to dominate this market during the forecast period and is anticipated to hold more than 58% of the total market share. These tanks are important for the deployed armed troops as they ensure that the vital supplies such as foods and pharmaceuticals remain in usable condition and for longer period. Several vendors in the market are coming up with innovative products to maintain the usability of temperature-sensitive tank supplies. For instance, Klinge has designed a new refrigerated tank container that can keep supplies at their optimal temperatures. These refrigerated containers are made up of components that have been certified by the container transport industry, and they require very little maintenance.

Geographical segmentation and analysis of the military tank containers market

• Americas
• APAC
• EMEA

As per this market study, EMEA dominated the market during 2015 and accounted for around 43% of the overall market share. The rise in critical security situations and the growing influx of illegal immigrants in several European countries have prompted the UN to collaborate with European countries and come up with several peacekeeping missions in EMEA, which includes the employment of tank containers. These tank containers ensure that there is regular provision of basic supplies such as food, water, and medicines to the affected regions. The growing border tensions in Afghanistan and Iraq have increased their procurement of military tank containers, which will positively aid the growth of the market in this region in the coming years.

 Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global military tank containers market?
• What are the key market trends impacting the growth of the global military tank containers market?
• What are the challenges to market growth?
• Who are the key vendors in the global military tank containers market?
• What are the market opportunities and threats faced by the vendors in the global military tank containers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global military tank containers market?

Technavio also offers customization on reports based on specific client requirement.

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