Search and Rescue (SAR) Equipment Market Size
Search and Rescue equipment market size was more than USD 100 million in 2022 and is expected to register a CAGR of more than 3.5% during the forecast period 2023-2032. The growing government and military spending on SAR equipment is fueling market growth.
SAR gear pertains to special equipment and devices intended to assist in finding, rescuing, and helping persons in distress or emergency. The equipment involves GPS equipment, life jackets, medical equipment, communication equipment, and specialized means of transportation such as aircraft or vehicles. SAR gear is crucial for first responders, the military, and search & rescue organizations to rescue lives and assist during emergency times.
Search and Rescue Equipment Market Report Attributes
Report Attribute Details
Base Year 2022
Search and Rescue Equipment Market Size in 2022 USD 116.4 Million
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 3.5%
2032 Value Projection USD 160 Million
Historical Data for 2018 – 2022
No. of Pages 220
Tables, Charts & Figures 275
Segments covered equipment, type, and platform & region
Growth Drivers:
Rising emphasis and spending on emergency lifesaving equipment
Growing natural disaster activities
Increased technological developments
Enhanced government and military investment in SAR equipment
Growing demand for commercial SAR services
Pitfalls & Challenges
Legal and regulatory challenges
Rugged and challenging environments
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COVID-19 Impact
The COVID-19 pandemic affected the search and rescue equipment market in several ways. First, supply chain disruptions led to shortages of essential SAR equipment, which slowed down the response times during emergencies. International collaborations in SAR programs were affected by travel restrictions, hindering the sharing of best practices and resources. The reduced government revenues due to costs associated with the pandemic affected funds for acquiring SAR equipment and their maintenance. Therefore, the market for Search and Rescue Equipment faced challenges in supplying first responders, risking the effectiveness of rescue operations.
Search and Rescue Equipment Market Trends
SAR gear is modernizing with the addition of GPS tracking, drones, and better communication equipment. GPS allows accurate location tracking, while drones provide aerial surveillance and remote monitoring of difficult terrains. Better communication equipment ensures efficient coordination among rescue teams, making successful missions more likely. SAR gear is becoming more built using environment-friendly materials and energy-saving technologies to lower its environmental effects. This change aligns with the greater focus on sustainability and environmental preservation.
SAR equipment is being coupled with data analytics and real-time sharing of information, thereby facilitating more effective decision-making and improved coordination of operations. This makes search & rescue operations more efficient and effective overall.
Search and Rescue Equipment Market Analysis
Discover more about the most important segments driving this market
On the basis of equipment, the market is categorized into survival, signaling, medical, communication, and tactical & military kits. The communication segment held the highest share of more than 22% in 2022.
The advances in communication technology, including satellite phones and GPS equipment, have improved contact establishment & maintenance in isolated or hostile areas, enhancing the scope and efficacy of SAR operations.
Good communication increases the security of SAR workers and the persons in distress since it facilitates live updates and data exchange during the rescue process. Proper communication equipment helps SAR responders to coordinate operations more effectively, thus responding quicker to emergencies.
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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
