BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the United States Bomb Shelter and Fallout Shelter Market size at USD 137.28 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the United States Bomb Shelter and Fallout Shelter Market size to expand at a CAGR of 5.12% reaching a value of USD 175.39 million by 2030. The growing possibility of nuclear or terrorist strikes, as well as civil disturbance, are major growth factors contributing to the United States bomb shelter and fallout shelter markets. During the Cold War, the United States maintained a fallout shelter program. Moreover, the existence of prominent firms providing bomb shelter and fallout shelter building services in the US is propelling the market’s overall expansion.
Opportunity: Increasing Demand for Bomb and Fallout Shelters from Residential Sector
The sensitive relationship of the United States with certain countries, such as Russia and China, elevates the need for building a safety infrastructure in the country. Many American citizens are investing in building bomb shelters and fallout shelters at their homes to protect themselves and increase their chances of survival in case of threats such as terrorist or nuclear attacks. The increasing building of bomb and fallout shelters around homes is projected to drive market growth in the United States during the forecast period.
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Impact of Escalating Geopolitical Tensions on United States Bomb Shelter and Fallout Shelter Market
The escalating geopolitical tensions proliferated the growth of the United States bomb shelter market. Fears over the possible use of nuclear weapons have increased since Russia began its invasion of Ukraine in late February 2022. Bunkers designed specifically for that purpose may provide some degree of protection against a nuclear strike. As a result, American citizens, particularly the billionaire class of the country, are building bunkers amid the possible fear of ‘World War III.’
United States Bomb Shelter and Fallout Shelter Market
Segmental Coverage
United States Bomb Shelter and Fallout Shelter Market – By Type
Based on type, the United States Bomb Shelter and Fallout Shelter Market is split into bomb shelters and fallout shelters. The fallout shelter segment holds a larger share in the United States Bomb Shelter and Fallout Shelter Market. The United States has fallout shelters primarily for military and government officials. The fallout shelter for the government, known as COG or Continuation of Government, provides a higher chance of survival to officials.
Competitive Landscape
Major players operating in the United States Bomb Shelter and Fallout Shelter Market include USA Bunker Company, DEFCON Bunkers, Atlas Survival Shelters, Utah Shelter Systems, Rising S Bunkers, Hardened Structures Hardened Shelters, Ultimate Bunker, Vivos Shelter, and Oppidum Bunkers.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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