Dublin, Sept. 11, 2023 (GLOBE NEWSWIRE) -- The "Search and Rescue (SAR) Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Search and Rescue (SAR) Equipment Market to Reach $22.9 Billion by 2030
The global market for Search and Rescue (SAR) Equipment estimated at US$17.9 Billion in the year 2022, is projected to reach a revised size of US$22.9 Billion by 2030, growing at a CAGR of 3.1% over the analysis period 2022-2030. Logistics, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$8.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rescue segment is readjusted to a revised 1.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 2.7% CAGR
The Search and Rescue (SAR) Equipment market in the U.S. is estimated at US$5.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 2.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Market Scope
The dataset offers a comprehensive analysis of the global Search and Rescue (SAR) Equipment market. It covers various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and the Rest of the World. The analysis includes recent, current, and future evaluations of annual sales in US$ million for SAR Equipment, Rescue, Search, Communication, Logistics, Other Equipment, Airborne, Marine, and Ground-Based segments.
Historic reviews, 16-year perspectives, and independent analyses of value sales percentage breakdowns are provided for different regions and timeframes, enabling insights into market trends and distribution patterns. The dataset concludes with an analysis of annual sales in US$ million for Search and Rescue (SAR) Equipment from 2014 to 2030, allowing for a comprehensive overview of market performance over time.
Market Overview
- Influencer Market Insights
- World Market Trajectories
- Search and Rescue (SAR) Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Select Competitors (Total 46 Featured) -
- ACR Electronics, Inc.
- Aeromarine Srt
- Cubic Corporation
- Elbit Systems Ltd.
- Garmin Ltd.
- General Dynamics Corporation
- Honeywell International, Inc.
- Leonardo SpA
- Raytheon Company
- Rockwell Collins, Inc.
- Textron Systems Corporation
- Thales Group
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 246 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $17.9 Billion |
| Forecasted Market Value (USD) by 2030 | $22.9 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/kqjv0s
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