Global Search And Rescue (SAR) Equipment market size 2024, Forecast To 2033

The search and rescue (SAR) equipment market has experienced robust growth, progressing from $86.92 billion in 2023 to $91.62 billion in 2024, representing a compound annual growth rate (CAGR) of 5.4%. This growth in the historic period is attributed to natural disasters and emergency response needs, defense and military applications, maritime and aviation safety, government funding for SAR operations, and the increasing growth in outdoor recreational activities. Looking forward to 2028, the SAR equipment market is expected to witness strong growth, reaching $115.07 billion at a CAGR of 5.9%. Key drivers in the forecast period include the integration of AI and machine learning in SAR operations, the utilization of unmanned aerial vehicles (UAVs) for SAR, real-time communication and coordination, GPS and satellite-based location tracking, the expansion of private sector SAR services, and the use of robotics and drones for SAR. Major trends anticipated in the forecast period include wearable SAR technology for first responders, enhanced data analytics for predictive SAR, AI-powered image and speech recognition, autonomous SAR systems, green and sustainable SAR equipment, and cross-border and international SAR coordination.