Global Military Infrastructure and Logistics Market to 2022
Albany, NY (PRWEB) May 23, 2014
This report is the result of extensive market and company research covering the global military infrastructure and logistics industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.
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The Global Military Infrastructure and Logistics Market 2012-2022 offers the reader detailed analysis of the global military infrastructure and logistics market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.
The global defense industry is investing significantly in RandD in an effort to increase the logistical support capabilities of armies around the world. This has led to the development of new logistics information software which has enhanced the responsiveness of support providers, and has also enabled visibility of in-transit items in the military logistics supply chain. With the vast range of equipment that is being used in battlefields across the world, more and more civilian contractors are being brought in to deliver such support services. This has further led to the implementation of common platform based logistics enterprise systems in various countries, in order to enable vertical and horizontal integration at all levels of logistics. The implementation of such systems has ensured that all military and civil users view complete logistics management information and make timely, data-driven decisions. With the growing demand for installation support capabilities, many armies across the world are expected to rely on private contractors to provide expertise in repair, maintenance, transportation, and inventory accountability.
Many nations globally are currently focusing on modernizing their military infrastructure and related logistics. Countries are now moving away from the policy of brute force logistics in which troops were responsible for sorting materials from huge inventories, towards a more efficient system that promotes precise accounting of consumption and replenishment in order to maximize efficiency. Moreover, the recently concluded wars in Iraq and Afghanistan have put considerable strain on the military infrastructure, and the US and allied nations are expected to modernize various elements of their respective military infrastructures.
The Global Military Logistics and Infrastructure Market 2012-2022 provides detailed analysis of the current industry size and growth expectations from 2012 to 2022, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
The military logistics industry is currently going through a process of rapid transformation. The supply based system is gradually being replaced by distribution based logistics.This shift is expected to result in reduced inventory costs, shorter lead times, enhanced responsiveness of support, enhanced survivability of the support infrastructure, and a reduced logistics footprint. Recent years have witnessed a growth in the development of Commercial Off The Shelf (COTS) products and technologies, by various defense companies engaged in the field of military infrastructure and logistics. Major defense spenders such as the US and some countries in Europe are shifting from their respective legacy systems to more advanced platforms, in an effort to increase the efficiency of the armed forces.
Growth in commercial off-the-shelf (COTS) purchases:
Recent years have witnessed a growth in the development of COTS products and technologies by various defense companies engaged in the field of military infrastructure and logistics. Governments are now buying bundled products as opposed to systems, which are then configured to be made into integrated systems. This process has many benefits including research and development cost savings and a reduction in production time. The asymmetric wars in Iraq and Afghanistan and rapid advancements in technology have resulted in changes in the way the military around the world is handling resupply and production.
Major defense spenders replacing outdated logistics systems:
Many countries across the world are currently engaged in the process of overhauling their logistics capabilities. The primary element that drives an effective logistics system is the software used to view logistics transactional data. Major defense spenders such as the US and some countries in Europe are shifting from their respective legacy systems to more advanced platforms in an effort to increase the efficiency of the armed forces.
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-North America to continue to dominate the market
Despite budget cuts, North America is expected to account for the largest share of the total global expenditure on military infrastructure and logistics, with an81% share during the forecast period. High demand in the region is primarily driven by the regions logistics modernization programs and the overseas war against global terrorism.
-Joint RandD programs expected to increase over the forecast period
A significant number of countries are investing in the development of their domestic military logistics capabilities by establishing strategic alliances and technology transfer agreements with established global manufacturers. In addition to improving the indigenous capabilities of a domestic firm, this provides the foreign company with an opportunity to cater to a new market. Partnerships between countries that possess an advance defense industrial base, such as the US, the UK, and India, aid the mutual sharing of advanced technology.
-Managing multiple supply chains poses a big logistical challenge
Military supply chains are very complex as they are comprised of many sub-chains that collectively create a logistics ecosystem. One organization cannot own all sub-chains, because of which their integration poses a challenge for the smooth working of logistics systems. Managing multiple supply chains in multiple domains is a big challenge for defense logistics organizations of all sizes, particularly for the largest expeditionary forces such as the US. If there is no proper management of supply chains, the result will be decreased operational effectiveness and reduced readiness of resources.
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