Search & Rescue Equipment Market by Equipment (Communication Equipment, Logistics Equipment, Medical Equipment), Platform (Aerial, Land-Based, Marine), Application - Global Forecast 2024-2030

Search & Rescue Equipment Market by Equipment (Communication Equipment, Logistics Equipment, Medical Equipment), Platform (Aerial, Land-Based, Marine), Application - Global Forecast 2024-2030

The Search & Rescue Equipment Market size was estimated at USD 125.72 billion in 2023 and expected to reach USD 131.33 billion in 2024, at a CAGR 4.96% to reach USD 176.52 billion by 2030.

Global Search & Rescue Equipment MarketSearch & rescue (SAR) equipment is the tool used to help locate, retrieve, and aid those in need by search and rescue teams. Search & rescue equipment includes GPS devices, night vision goggles, compasses, survival kits, radios, aircraft, helicopters, thermal imaging cameras, boats, or rafts. Search & rescue equipment also includes specialized clothing such as high visibility jackets for low light conditions and fire retardant gear for extreme temperatures. Increasing spending in the military and defense sectors worldwide and threats associated with natural calamities generate the need for effective SAR equipment. On the contrary, the cost-intensive nature of SAR equipment production and components and the scarcity of resources hinder their utilization. However, improvements and modernization of SAR equipment with the integration of innovative technologies and increasing government attention on public welfare and safety worldwide are expected to increase the usage of SAR equipment in the coming years.Regional InsightsThe utilization, deployment, and development of SAR equipment in the United States and European Union are proliferating with the presence of competitive market players and the development of innovative products that meet the changing needs of search and rescue teams. Economies, including Canada, the U.S., Saudi Arabia, Germany, the UK, South Korea, and others, have been integrating drones and other marine autonomous systems into their search and rescue missions to aid rescue operations in rough weather conditions. Developing economies such as India, Mexico, Brazil, and South Africa, among others, have also been increasing their military and defense spending to improve public safety. In addition, the growing risk of natural disasters such as wildfires, storms, and others with increased global warming and urbanization coupled with military threats such as the ongoing Russia-Ukraine conflict often require the deployment of SAR equipment. Moreover, expanding operations in sectors including mining, construction, and others has also necessitated advanced and efficient search & rescue equipment. Furthermore, market players’ focus on improving material quality and features of SAR equipment and integrating robotics to improve SAR in land, marine, and aerial applications is anticipated to accelerate the market growth in the coming years.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Search & Rescue Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Search & Rescue Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Search & Rescue Equipment Market, highlighting leading vendors and their innovative profiles. These include ACR Electronics, Inc., Aeromarine SRT, Agility Technologies Corporation, AMKUS Rescue Systems, Cascade Rescue Company by Harken, Inc., CMC Rescue, Inc., Cubic Corporation, Elbit Systems Ltd., Essex Industries, Inc., Fire Innovations, LLC, Garmin Ltd., General Dynamics Corporation, Genesis Rescue Systems, Honeywell International Inc., IDEX Fire & Safety, Leonardo S.p.A., Life Support International, Inc., MatJack, Paratech, Inc., Petzl International, PMI Rope, Power Hawk Technologies, Inc. by Snap-on Incorporated, Raytheon Technologies Corporation, Rescue Technology, Teikoku Sen-i Co., Ltd., Teledyne FLIR LLC, Textron Inc., Thales Group, Transdigm Group, Inc., and WEBER-HYDRAULIK GMBH.

Market Segmentation & Coverage



This research report categorizes the Search & Rescue Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

Equipment
Communication Equipment
Radios
Repeaters
Transponders
Logistics Equipment
Medical Equipment
Planning Equipment
Rescue Equipment
Search Equipment
Beacons
Camera
Radar
Sonar
Technical Equipment
Platform
Aerial
Land-Based
Marine
Application
Combat SAR
Urban SAR
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Search & Rescue Equipment Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Search & Rescue Equipment Market?
3. What are the technology trends and regulatory frameworks in the Search & Rescue Equipment Market?
4. What is the market share of the leading vendors in the Search & Rescue Equipment Market?
5. Which modes and strategic moves are suitable for entering the Search & Rescue Equipment Market?

Note: PDF & Excel + Online Access - 1 Year