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Search and Rescue (SAR) Equipment Market Share

Report ID: GMI7295
Published Date: Nov 2023
Report Format: PDF

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Search and Rescue Equipment Market share

The players in the Search and Rescue (SAR) equipment market focus on implementing different growth strategies to strengthen their offerings and expand the market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. The players also heavily invest in R&D to introduce innovative and technologically advanced solutions in the SAR Equipment industry. The major players operating in the search and rescue equipment industry are:

Agility Technology Corp.
Elbit Systems
General Dynamics Corporation
Honeywell International Inc.
Junkin Safety
Leonardo S.p.A
Textron Systems
Thales Group

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Search and rescue (SAR) equipment industry size crossed USD 100 billion in 2022 and is anticipated to witness over 3.5% CAGR between 2023 and 2032 due to the increased government and military investments worldwide

SAR equipment industry size from the land platform segment is anticipated to witness over 4% CAGR from 2023-2032 due to their rising cruciality for time-sensitive missions, such as disaster relief or missing person searches in remote areas

North America held over 30% of the search and rescue equipment market share in 2022 driven by the surge in natural disasters, such as hurricanes, wildfires, and snowstorms

Some of the prominent SAR equipment industry players are Agility Technology Corp., Elbit Systems, General Dynamics Corporation, Honeywell International Inc., Junkin Safety, Leonardo S.p.A, Textron Systems, and Thales Group