Market Share of Search and Rescue Aircraft Industry
The search and Rescue Aircraft Market is moderately fragmented. Bell Textron, Everett Aviation Ltd, Elbit Systems, Babcock International, PHI Aviation LLC, Bristow Group Inc, Etc are the prominent players operating in the market.
Companies like Textron are focusing on expanding their geographical presence with mergers and acquisitions with other companies and hence will gain a competitive advantage. For instance,
- In April 2022, Textron Inc. announced that it has closed its acquisition of PIPISTREL d.o.o., PIPISTREL VERTICAL SOLUTIONS d.o.o., and PIPISTREL ITALIA S.R.L., known collectively as Pipistrel, an award-winning pioneer and global leader in electrically powered aircraft.
- In September 2022, Bell Textron Inc., a company, announced a signed purchase agreement for two SUBARU Bell 412EPX helicopters to the Republic of Croatia's Ministry of Interior.
Search and Rescue Helicopter Market Leaders
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babcock international
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Bristow Group Inc
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Elbit Systems
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Bell Textron
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PHI Aviation LLC
*Disclaimer: Major Players sorted in no particular order