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Search And Rescue (SAR) Equipment Market is Anticipated to Expand upto $117.28 Billion in 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.What Is the Forecasted Market Growth Rate of the Search And Rescue (SAR) Equipment Industry?
The market size for Search and Rescue (SAR) equipment has been experiencing a consistent growth in recent years. It is projected to expand from $89.7 billion in 2024 to $93.72 billion in 2025, boasting a Compound Annual Growth Rate (CAGR) of 4.5%. The historical growth of this market can be traced back to the need for responses to natural disasters, applications in defense and military, maritime and aviation safety measures, government investment in SAR operations, and an increase in outdoor recreational activities.
How Will the Search And Rescue (SAR) Equipment Market Size Evolve From 2025 to 2029?
The market size for search and rescue (SAR) equipment is projected to experience significant expansion in the coming years. It is forecasted to reach $117.28 billion in size by the year 2029, with a compound annual growth rate (CAGR) of 5.8%. This growth over the predictive tenure is likely due to the incorporation of AI and machine learning technologies in SAR operations, the application of unmanned aerial vehicles (UAVs) in SAR procedures, real-time communication and coordination, and GPS and satellite-based tracking. Other contributing factors include private sector expansion in SAR services and the adoption of robotics and drones. Key trends expected to emerge during this period are wearable SAR tech for rapid response teams, improved data analysis for predictive SAR, image and speech recognition powered by AI, autonomous SAR systems, eco-friendly and sustainable SAR equipment, as well as transnational and international SAR cooperation.
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What Are the Main Growth Drivers in the Search And Rescue (SAR) Equipment Market Today?
The rise in terrorism and insurgency is forecasted to boost the expansion of the search and rescue equipment market. Both terrorism and insurgency, seen as a means to achieve political ends or driven by defined political motives respectively, account for direct economic implications like the destruction of properties and lives. There's also an indirect impact on the economy due to fear of foreigners, tourism decline, market unpredictability, and an uptick in insurance claims. As an example, in 2023, the Vision of Humanity, a non-government organization based in Australia, reported that the US represented 76% of deaths due to terrorism in Western democracies. This figure corresponds with a 15-year incident rate low. Additionally, in 2022, the Islamic State (IS) and its branches continued to be the most lethal terrorist group globally for the eighth year in a row, orchestrating attacks in 21 countries. As such, the escalating trend of terrorism and insurgency underscores the growing demand for the search and rescue equipment market.
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Which Search And Rescue (SAR) Equipment Market Segment Is Expected to Lead Through 2029?
The search and rescue (sar) equipment market covered in this report is segmented -
1) By Equipment: Rescue Equipment, Search Equipment, Communication Equipment, Technical Equipment, Planning Equipment, Other Equipment
2) By Platform: Airborne, Marine, Ground-Based
3) By Application: Combat SAR, Urban SAR Industrial
Subsegments:
1) By Rescue Equipment: Stretchers and Litters, Rescue Tools, Personal Protective Equipment (PPE), Ropes and Harnesses
2) By Search Equipment: Search Cameras, Drones and Unmanned Aerial Vehicles (UAVs), Ground Penetrating Radar (GPR), Sonar Systems
3) By Communication Equipment: Two-Way Radios, Satellite Phones, Emergency Locator Beacons, Mobile Communication Devices
4) By Technical Equipment: GPS Devices, Mapping Software, Navigation Systems, Monitoring Equipment
5) By Planning Equipment: Incident Command Software, Resource Management Tools, Training Simulators, Risk Assessment Tools
6) By Other Equipment: Medical Equipment, Lighting, Water Rescue Equipment
Which Market Trends Are Expected to Dominate Search And Rescue (SAR) Equipment Industry Growth?
Leading businesses in the Search and Rescue (SAR) Equipment Market are introducing innovative technologies aimed at enhancing the safety of firefighters in order to maintain their competitive position. For instance, MSA Safety Incorporated, an American firm specializing in safety equipment, debuted a revolutionary search and rescue tool named LUNAR in April 2022. This multifunctional tool can either be used on its own or incorporated into an MSA SCBA system. LUNAR integrates cutting-edge technologies such as Firefighting Assisting Search Technology (FAST) aiding in teammate location, personal thermal imaging with edge detection, direct cloud cellular connection, and a LUNAR-to-LUNAR network facilitating uninterrupted on-scene communication.
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Which Companies Hold the Largest Market Share in the Search And Rescue (SAR) Equipment Sector?
Major companies operating in the search and rescue (SAR) equipment market include Aeromarine Srt, Cubic Corporation, Elbit Systems Ltd, Garmin Ltd., Honeywell International Inc., RTX Corporation, Airborne Systems North America Inc., CMC Rescue Inc., Cascade Rescue Company, Angloco Ltd., Weber Rescue Systems, SAR Products Ltd., General Dynamics Corporation, Leonardo, Textron Systems, Thales Group, Viking Life-Saving Equipment, Mustang Survival, Survitec Group Limited, Drägerwerk AG & Co. KGaA, Cobham plc, BAE Systems plc, L3Harris Technologies Inc., FLIR Systems Inc., Harken Inc., Epik Medical Group, Rock Exotica, Skylotec GmbH, Leader Electronics Corporation
Where Is the Search And Rescue (SAR) Equipment Market Experiencing the Highest Growth?
North America was the largest region in the search and rescue (SAR) equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the search and rescue (SAR) equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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