How big is the Search And Rescue Equipment Market?

The Search And Rescue Equipment Market size is expected to reach USD 110.44 billion in 2024 and grow at a CAGR of 3.41% to reach USD 134.98 billion by 2029. Read More

What is the current Search And Rescue Equipment Market size?

In 2024, the Search And Rescue Equipment Market size is expected to reach USD 110.44 billion. Read More

Who are the key players in Search And Rescue Equipment Market?

Textron Inc., RTX Corporation, Leonardo S.p.A, Elbit Systems Ltd. and Honeywell International Inc. are the major companies operating in the Search And Rescue Equipment Market. Read More

Which is the fastest growing region in Search And Rescue Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Search And Rescue Equipment Market?

In 2024, the North America accounts for the largest market share in Search And Rescue Equipment Market. Read More

What years does this Search And Rescue Equipment Market cover, and what was the market size in 2023?

In 2023, the Search And Rescue Equipment Market size was estimated at USD 106.67 billion. The report covers the Search And Rescue Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Search And Rescue Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Search And Rescue (SAR) Equipment Market Share

Statistics for the 2023 & 2024 Search And Rescue (SAR) Equipment market share, created by Mordor Intelligence™ Industry Reports. Search And Rescue (SAR) Equipment share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Search And Rescue (SAR) Equipment Industry

The search and rescue equipment market is fragmented and consists of many global players and regional players as well. Some of the prominent companies in the market are Textron Inc., Honeywell International Inc., RTX Corporation, Leonardo S.p.A, and Elbit Systems Ltd. The presence of these companies produces competitive SAR equipment, solutions, technological development, and services with various features and characteristics at a competitive price. Due to the presence of these players at regional and international levels, suppliers and manufacturers offer products and services for different budgets.

Companies 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 the completion of its acquisition of Pipistrel, an award-winning pioneer and global leader in electrically powered aircraft, as part of its inorganic growth strategy.