APAC Search and Rescue Equipment Market - Industry Trends and Forecast to 2030
Asia-Pacific search and rescue equipment market is expected to reach USD 24,199,358.01 thousand by 2030, from USD 18,961,836.27 thousand in 2022, growing at a CAGR of 3.32% in the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Search and Rescue Equipment Market, By Type (Search Equipment, Communication Equipment, Rescue Equipment, Technical Equipment, Logistics Equipment, Medical Equipment, and Planning Equipment), Platform (Airborne, Maritime, and Ground), Application (Rugged Terrains, Urban and Suburban Locations, and Combat Sites), End User (Defense, Police and Homeland Security, Disaster Management, Fire Departments, and Healthcare/EMS), Country (China, Japan, South Korea, India, Malaysia, Taiwan, Australia, Singapore, Indonesia, Thailand, New Zealand, Philippines, Vietnam, and Rest of Asia-Pacific) – Industry Trends and Forecast to 2030
Overview of Asia-Pacific Search and Rescue Equipment Market Dynamics
Driver• Rapid product development and increasing contracts associated with SAR equipment
Restraint• Lack of skilled workforce
Opportunity• The rising importance of IoT and AI technologies
Market PlayersSome of the major players operating in the market are
• ACR Electronics, Inc.
• Textron Inc.
• Leonardo S.p.A.
• Elbit Systems Ltd.
• Aeromarine SRT
• Thales
• General Dynamics Corporation
• Raytheon Technologies Corporation
• Savox Communications
• Drägerwerk AG & Co. KGaA
• BAE Systems
• Teledyne FLIR LLC
• Life Support International, Inc.
• Safran
• Becker Avionics GmbH
• Avon Protection
• LALIZAS
• Cohort plc
• Jotron
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