Search and Rescue Vehicle Market Forecast and Competitive Strategies

Search and Rescue Vehicle Market Size, Disruptors & Competitive Strategy

The search and rescue vehicle market is expected to grow from USD 2.48 billion in 2025 to USD 3.5 billion by 2034, with a CAGR of 3.95% throughout the forecast period from 2025 to 2034.

Unlock Infinite Advantages: Subscribe to Annual Membership

Introduction

The search and rescue vehicle market is a crucial branch of the automotive industry. This industry deals in developing special emergency vehicles used for finding and rescuing people during tough situations. There are various types of vehicles used in this sector comprising of rescue equipment, search equipment, communication equipment, technical equipment, medical equipment, logistics equipment, planning equipment and others. These equipment are available in several platforms including airborne, marine and ground-based. The growing cases of road accidents in different parts of the world has boosted the industrial expansion. This market is expected to rise significantly with the growth of the advanced machinery sector around the globe.

• According to the Veriforce Chas Organization, around 103266 cases of slightly injured accident and 28087 cases of seriously injured accidents occurred in UK during 2023.

Highlights of the Search and Rescue Vehicle Market

• North America held the dominant share of the search and rescue vehicle market due to the rising cases of accidents in this region.
• Asia Pacific is expected to grow with the highest CAGR due to the growing emphasis on mitigating natural disasters in this region.
• The communication equipment segment held the maximum share of the market due to its ability to enhance rescue and search operations.
• The urban SAR segment led the highest share of the market due to the growing frequency of emergencies such as accidents, structural collapses, and natural disasters.

Search and Rescue Vehicle: Trends in the Industry

• The drone manufacturing industry has invested heavily for advancing various technologies such as autonomous flights, composite materials, next-generation batteries, extended flight time and enhanced payload capacity.
• The technological advancements in SAR equipment for reducing the impact of natural disasters has gained prominent consumer attraction in recent times.
• The rapid focus of automotive sector on developing electric and hybrid S&R vehicles for use in emergency situations.
• The government of several countries have increased their emphasis on adopting advanced SAR vehicles for improving the rescue operations.

Industry Leader Announcement

On August 2024, Robert Prucka, the faculty lead on Deep Orange 15 made an announcement stating that, “Our Deep Orange students collaborated across an 18-month period to develop this autonomous, high-speed, off-road relief vehicle from the ground up,” Prucka, the Alan Kulwicki Professor of Motorsports Engineering, said in the news release. “Getting the opportunity to show our work and research at the GVSETS symposium provides our students with an understanding of the significance of these new technologies and the opportunity they are receiving from being a part of the Deep Orange program.”

Competitive Landscape

The search and rescue vehicle market is a consolidated industry with the presence of a few dominant players. Some of the prominent players in this industry consists of Acr Electronics, Inc, Aeromarine Srt, Cubic Corporation, Elbit Systems Ltd., Garmin Ltd., General Dynamics Corporation., Honeywell International Inc. and some others. These companies are constantly engaged in developing high-quality search and rescue vehicles and adopting various strategies to maintain their dominant position in this industry.

• According to the annual report of Elbit Systems, the revenue of the aerospace segment in 2022 was US$ 1733.20 million that increased to US$ 1873.30 in 2023.

Segment Covered in the Report

By Equipment

• Rescue Equipment
• Search Equipment
• Communication Equipment
• Technical Equipment
• Medical Equipment
• Logistics Equipment
• Planning Equipment

By Application

• Combat Sar
• Urban Sar

By Platform

• Airborne
• Marine
• Ground-Based

By Region

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa