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Military Logistics Market size is set to grow by USD 971.1 million from 2024-2028, Growing demand for international peacekeeping operations to boost the market growth, Technavio

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NEW YORK, July 10, 2024 /PRNewswire/ — The global military logistics market is projected to expand by USD 971.1 million from 2024 to 2028, growing at a CAGR of 2.09%. This growth is fueled by increasing demand for international peacekeeping operations and the globalization of military activities. However, challenges such as growing regulatory compliance related to logistics are noted. Key players in the market include AECOM, Agility Public Warehousing Co. K.S.C.P, BAE Systems Plc, Lockheed Martin Corp., and others. Regions expected to experience significant growth in military logistics include North America, Europe, and the Asia-Pacific, driven by geopolitical tensions and defense modernization efforts.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Army, Navy, and Airforce), Type (Logistics and distribution, Facility management, and Services), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

AECOM, Agility Public Warehousing Co. K.S.C.P, Amentum Services Inc., Anham Fzco LLC, BAE Systems Plc, CACI International Inc., CLAXTON LOGISTICS SERVICES LLC, CMA CGM SA Group, Colak Group, Crane Worldwide Logistics, Crowley Maritime Corp., Fluor Corp., General Dynamics Corp., KBR Inc., Lockheed Martin Corp., ManTech International Corp., One Network Enterprises Inc., SEKO Logistics, Thales Group, and Wincanton Plc

Key Market Trends Fueling Growth

The military logistics market has witnessed a notable growth trend due to the increasing globalization of military operations. Over the past decade, there has been a rising trend towards multinational military collaborations to tackle common security concerns. This was evident during military interventions in Afghanistan and the subsequent withdrawal, where logistics played a pivotal role. Furthermore, the ongoing fight against terrorism and extremism has led to multinational military operations in various global regions, such as the G5 Sahel Joint Force in Africa. This globalization trend is driving demand for military logistics services that can operate across multiple regions and countries. Companies with international experience and cultural understanding, as well as those with a global presence, are well-positioned to meet this demand. As a result, the global military logistics market is expected to experience significant growth due to the increasing globalization of military operations. 

Military logistics plays a crucial role in ensuring the timely support and upkeep of armed forces during conflicts and natural disasters. This market involves planning, coordinating, and executing the movement and supply of resources, including troops, maintenance, and operational capabilities. Key trends include integration of artificial intelligence for situational awareness and tracking systems, expansion of automation in maritime, air, and land transportation, and the use of new technology in combat support, such as biofuel and power-generating capabilities. Market categories include logistics and distribution, facility management, medical services, and more. Military logistics applications require portability, reliability, and the ability to adapt to various conflict and disaster scenarios. The market is constantly evolving, with a focus on improving operational capabilities and deployment efficiency. 

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Market Challenges

•         The global military logistics market faces significant challenges due to complex regulatory requirements. Export control regulations vary by country and region, restricting the export of sensitive military equipment, technologies, and software. Customs regulations add to the complexity, necessitating detailed documentation and compliance with procedures. Logistics companies must also adhere to various national and international laws, including labor, environmental, and anti-corruption laws. These regulations increase operational costs and require robust compliance programs and risk management strategies. According to reports by the World Customs Organization and the Financial Times, regulatory compliance costs have risen sharply in recent years, posing a potential challenge to the growth of the global military logistics market.

•         The Military Logistics Market faces numerous challenges in supporting military activities. With increasing military spending worldwide, there is a growing demand for efficient and effective logistics solutions. Communication networks must remain secure against cyber threats, while environmental impacts call for the adoption of eco-friendly technologies and energy-efficient transport. Budget constraints and geopolitical tensions create uncertainties, leading to disrupted supply chains. Technological proliferation brings advanced technologies like drones, automation, IoT, and blockchain into play. Delivery time is critical on the battlefield, requiring agile and connected logistics systems. Military personnel and supplies must be transported via airways, seaways, and land ways, with air transport being a priority for rapid response. Conflicts and emergencies necessitate strategic collaborations and defense sector partnerships. Military organizations must navigate these challenges to provide essential logistic service offerings and ensure the acquisition of armaments and supplies for their forces.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This military logistics market report extensively covers market segmentation by

End-user 1.1 Army1.2 Navy1.3 AirforceType 2.1 Logistics and distribution2.2 Facility management2.3 ServicesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Army-  The military logistics market’s army segment involves three distinct military supply chains. The first chain focuses on the swift transportation of light commodities like food, medicine, and clothing. The second chain handles the movement and maintenance of major weapon systems over an extended period. Lastly, the deployment chain facilitates the quick movement of large troop bodies in a short timeframe. To enhance supply chain efficiency, digitalizing inventories, employing advanced technology for monitoring, and outsourcing supply and maintenance are recommended. Commercial transport moves over 85% of all materials, but the field supply chain relies heavily on service transport due to challenging conditions. Minimizing the need for a large fleet of service vehicles through the use of civil sector technology and resources is a significant growth driver for the army segment in the global military logistics market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Military Logistics Market plays a crucial role in ensuring the smooth and efficient execution of military activities. It involves the planning, coordinating, and executing of movement, storage, supply, and maintenance of resources for armed forces. Timely support is essential for the success of military operations, making effective logistics a key factor. Communication networks are a critical component of military logistics, enabling real-time information exchange and coordination. Eco-friendly technologies and energy-efficient transport are becoming increasingly important to reduce environmental impact and address budget constraints. However, military logistics faces challenges such as disrupted supply chains and technological proliferation, requiring continuous adaptation and innovation. The market is continually evolving to meet the changing needs of military operations.

Market Research Overview

Military logistics refers to the planning, coordinating, and executing of the movement, storage, and supply of resources for armed forces. It plays a crucial role in ensuring timely support for troops through transportation and upkeep of operational capabilities during deployment in conflicts or natural disasters. Military logistics encompasses various branches and organizations, including air, sea, and land logistics, and involves the integration of artificial intelligence, situational awareness, and tracking systems for expansion and automation. Military logistics applications include logistics and distribution, facility management, medical services, and hospitalization, among others. The market is divided into regional divisions, with market performance influenced by factors such as military spending, communication networks, and regulatory standards. Competitors in the industry face challenges from budget constraints, geopolitical tensions, and uncertainties, leading to disrupted supply and technological proliferation. New technologies, such as hydrogen-powered railways, triangulation, and advanced technologies like drones, are transforming military logistics, offering portability, energy efficiency, and eco-friendly practices. Military logistics faces various challenges, including cyber threats, safety concerns, and environmental impacts, necessitating the adoption of sustainable practices and energy-efficient transport. Industry development is further influenced by factors such as military activities, combat requirements, and the integration of new technologies like communication networks and connected technologies. Despite these challenges, military logistics remains a critical component of military operations, ensuring the readiness and effectiveness of armed forces.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userArmyNavyAirforceTypeLogistics And DistributionFacility ManagementServicesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Molex Unveils Versatile VaporConnect Optical Feedthrough Modules Enabling Thermal Management Innovations to Address AI-Driven Data Center Growth

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First-to-market, cassette-based solution for two-phase immersion cooling slashes time and cost associated with installing and upgrading hyperscale data centersPlug-and-play deployment easily connects immersion-tank optical transceivers to cabling infrastructure via fully upgradeable sealed modulesFuture-proof capabilities include flexibility to change connector types and shuffle circuit configurations without impacting mechanical interfaces or tank design

LISLE, Ill., Sept. 23, 2024 /PRNewswire/ — Molex, a global electronics leader and connectivity innovator, today introduced a thermal management solution that reduces the time and cost of deploying and upgrading high-performance data centers to meet unrelenting demand for generative AI and machine learning workflows. Molex VaporConnect™ Optical Feedthrough Modules for two-phase immersion cooling address constant increases in data center speed and capacity by leveraging a unique, cassette-based design that bolts directly onto immersion tanks and enables optical transceivers and network cabling infrastructure to be swapped out without changing mechanical interfaces or impacting immersion tank architecture. Reference designs for the new modules will be available commercially in Q1 of 2025.

“Molex continually embraces innovative optical solutions to ease data center deployments and upgrades while alleviating critical thermal management challenges,” said Trevor Smith, general manager, Optical Connectivity, Molex. “VaporConnect gives customers the flexibility to upgrade connectivity and scale cooling system designs to keep pace with data center growth by simply deploying a different module, which will accelerate upgrades while reducing overall energy, cooling and technology costs.”

Streamlining Two-Phase Immersion Cooling
Molex VaporConnect Optical Feedthrough Modules simplify the connections between optical transceivers contained within immersion tanks and cabling infrastructure that exists outside the tank using fully upgradeable sealed modules. With VaporConnect, sealing and cabling is accomplished inside the module, giving customers the opportunity to upgrade connectors without impacting immersion tank design or architecture. Additionally, customers have the flexibility to re-use standard cabling infrastructure for multiple product generations, which further reduces deployment time, cost and complexity.

A full range of industry-standard and Molex optical connector form factors are available for single- and multi-mode fiber solutions. They also feature mix-and-match functionality to facilitate system upgrades to newer or denser connectors. Customizable module footprints are available to fit specific space and application requirements. Also, Molex VaporConnect Optical Feedthrough Modules are designed to minimize external patching and shuffle requirements by leveraging Molex FlexPlane™ optical circuitry technology. As a result, complex optical shuffles and high-density fiber routing are integrated seamlessly within the module for simpler installation and plug-and-play operation.

Reliable, Versatile, Upgradeable Optical Interconnects
A sealing gasket comes with every VaporConnect module, which is thoroughly tested using industry-standard, helium-leak testing to ensure a reliable seal with the tank wall. This also assures a seamless transition from the server line cards inside the tank to outside cabling infrastructure. Testing is underway for compliance with industry-standard GR-1435-CORE.

VaporConnect modules are designed to accommodate customer specifications, with the number of fiber channels dependent on the number and type of connectors used. As many as 576 fibers can be integrated into a single module. A range of form factor options are available, including MPO, LC and very small form factor (VSFF) options, such as MMC, MDC, SN and SN-MT. This ensures conformance to existing infrastructure and streamlines system upgrades. As part of Molex’s continued investment in this area, an EBO connector option is currently in development, with availability slated for the first half of 2025.

Molex’s Commitment to Optical Network Innovations on Display at ECOC 2024
As the largest manufacturer of Optical Feedthrough Modules for two-phase immersion cooling, Molex has shipped more than 350,000 optical channels to date. At this year’s ECOC’24, Molex will reinforce its commitment to optical network infrastructure innovations with on-site product displays, including the new VaporConnect Optical Feedthrough Modules. The company’s extensive line of optical connectivity products, optoelectronics solutions and wavelength management systems also are being featured at Stand C75. As a participating member in OIF, Molex is part of an interoperability demonstration, which takes place at Booth B83, to spotlight optical networking innovations and solutions for data centers, AI/ML technologies and disaggregated systems.

About Molex
Molex is a global electronics leader committed to making the world a better, more-connected place. With a presence in more than 40 countries, Molex enables transformative technology innovation in the automotive, data center, industrial automation, healthcare, 5G, cloud and consumer device industries. Through trusted customer and industry relationships, unrivaled engineering expertise, and product quality and reliability, Molex realizes the infinite potential of Creating Connections for Life. For more information, visit www.molex.com.

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SOURCE Molex Incorporated

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CASIO Aims to Capture the Capital’s Fashion-Centric Urban Youth with its New Exclusive Store at Kamla Nagar

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NEW DELHI, Sept. 23, 2024 /PRNewswire/ — Casio Computer Co. Ltd, headquartered in Japan and the parent company of Casio India, launches its exclusive store in Kamla Nagar. With this endeavour, the brand has strengthened its retail footprint to 64 stores across India with the fifth exclusive Casio store in New Delhi.

Located in the heart of Kamla Nagar market, a vibrant hub for Delhi University students, the new Casio Exclusive store is poised to become an emblem of trendsetting timepieces, blending Japanese quality and craftsmanship with sophisticated style. The store features G-SHOCK’s Limited-Edition drops, all iconic styles of 5000, 5600, 6900, 110 & 2100 Series and the latest launches from the G-STEEL range. Customers will find timepieces that showcase precision and design—from the rugged durability of G-SHOCK to the timeless elegance of Casio watches to the sophisticated chronographs of Edifice, and the nostalgic appeal of Vintage—catering to a wide array of tastes and preferences.

Speaking about the launch, Mr. Hideki Imai, Managing Director of Casio India, said, “We are thrilled to announce the opening of our newest CASIO store in Kamla Nagar, marking our fifth milestone in Delhi and our 64th across India. This launch represents a significant step in our nationwide expansion and our commitment to engaging with the students and watch enthusiasts who frequently visit and reside in the North campus of Delhi University.

“Kamla Nagar, with its vibrant community of young, creative minds, is the ideal location for our newest store. This launch reinforces our dedication to delivering unique and immersive experiences to our consumers in Delhi NCR, aligning with their evolving lifestyles and preferences. We look forward to welcoming our customers to the new store, where they can experience a fine blend of Japanese craftsmanship, unmatched durability and trendsetting style.”

Set to open its doors to Delhi University’s fashion and watch enthusiasts who value individuality and a unique sense of style, this store promises an enthralling experience unlike any other. Located at Shop No. 33/34, Kamla Nehru Marg, Bungalow Road, the brand invites visitors to explore its newly curated space, where every corner embodies the spirit of innovation and creativity. The store is operational from 10:30 AM to 09:30 PM on all days of the week.

About Casio India Co. Pvt. Ltd.:

Casio India Co. Pvt. Ltd.(CIC) is the Indian subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world’s leading manufacturers of consumer electronics and business equipment solutions. Casio India has established a dynamic presence in the Indian market since 1996, emerging as a leading and cherished consumer goods manufacturer. Casio India’s range of products includes the sales and marketing of Timepieces, Electronic Musical Instruments, Desktop Calculators, Scientific Calculators, Label Printers, and Clocks.

 Setting the benchmark for excellence, Casio India is dedicated to embodying the spirit of innovation and quality that defines the Casio legacy. With a strong commitment to its corporate creed of ‘creativity and contribution,’ Casio has consistently translated this ethos into the creation of innovative products making a positive impact on society.

For more information, visit https://www.casio.com/in/

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Hospital in Greenland chooses Sectra’s radiology solution–enhanced cross-country collaboration for improved patient care

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LINKÖPING, Sweden, Sept. 23, 2024 /PRNewswire/ — International medical imaging IT and cybersecurity company Sectra (STO: SECT B) will provide its enterprise imaging solution to Dronning Ingrids hospital (DIH) in Greenland. The solution will enhance DIH’s ongoing collaboration with hospitals in Denmark, addressing resource and subspecialty challenges, and ultimately improving patient care in the region. 

“The partnerships we have with hospitals in Denmark are highly important to us as we, being sparsely populated, struggle to recruit staff and cover medical specialties locally. To deliver care at the speed and quality we want, we need to both increase the efficiency of our internal radiology workflows and facilitate the cooperation with healthcare providers in Denmark. Sectra’s unified platform enables this by providing easy access to images, data, patient portfolio and necessary tools, along with the ability to efficiently share information,” says Cosmus Pyndt, Manager of the diagnostic and therapeutic department in the region.

DIH is Greenland’s central hospital. It is located in the city of Nuuk, also supporting 15 clinics spread around the country. The contract for Sectra’s enterprise imaging solution was signed in the second quarter of Sectra’s 2024/2025 fiscal year following a donation to the hospital from Kirsten og Freddy Johansens Fond. DIH will initially utilize the solution’s module for radiology.

“Sharing resources, expertise and workload between hospitals within a region or, as in this case, even across borders, is crucial in handling the increasing workloads in healthcare and resource shortages. Therefore, the sharing of information and images between hospitals should be efficient and easy. It is encouraging to witness the collaboration between DIH and hospitals in Denmark. The involvement of Rigshospitalet in Denmark, which went live with Sectra this summer, and particularly the expertise of Chief Radiologist Martin Lundsgaard Hansen, has been helpful in shaping this project,” says Sune Henriksen, Managing Director, Sectra Denmark.

He continues: “I am honored to support Dronning Ingrids hospital in delivering high-quality patient care, and we are excited about this new chapter for Sectra as we extend to support healthcare in Greenland.”

Sectra’s enterprise imaging solution provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in ‘Best in KLAS‘.

About Sectra
Sectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2023/2024 fiscal year totaled SEK 2,964 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.

For further information, please contact:
Dr. Torbjörn Kronander, CEO and President Sectra AB, +46 (0)705 23 52 27
Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, +46 (0)708 23 56 10

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