Product Code: GVR-4-68039-986-0
Search And Rescue Helicopter Market Growth & Trends:
The global search and rescue helicopter market size is anticipated to reach USD 2.84 billion by 2030, with an estimated CAGR of 4.1% from 2022 to 2030, according to the latest report by Grand View Research, Inc. A rise in search & rescue operations around the world and increasing deliveries of helicopters are driving the growth of the industry. For instance, in March 2022, China's Ministry of Transport signed a contract with Leonardo S.p.A for six AW189 search & rescue helicopters. The company aims to complete the deliveries of the same by 2023. The rising evacuation missions, surveillance tasks, rescue operations, and other operations, conducted by commercial & civil entities and militaries have augmented the demand for search & rescue helicopters.
Commercial entities, such as oil refineries, create product demand as they operate their own search & rescue helicopter fleets. For instance, in September 2022, Equinor, a petroleum refining company, awarded Bristow Group Inc. the contract to provide SAR services over four years. As per the contract, Bristow Group will provide SAR services with three SAR-ready advanced S-92 helicopters. The Asia Pacific region is expected to grow at the fastest CAGR from 2022 to 2030 due to the rising commercial & civil and military applications for search & rescue helicopters. For instance, in June 2022, the Indian Coast Guard ordered a squadron of Hindustan Aeronautics Ltd.'s MK III for SAR and surveillance purposes along the coastlines.
Moreover, countries in the region are formulating favorable policies to encourage FDI in their country. For instance, China's favorable FDI policies for manufacturers enabled many prominent companies, including Airbus S.A.S. and Sikorsky, to establish manufacturing and assembly facilities in China. For instance, in April 2019, Airbus Helicopters opened its H135 final assembly line in Qingdao, China. The Airbus factory is the first foreign manufacturer-operated helicopter Final Assembly Line (FAL) in China and the first H135 FAL situated outside Europe, which is anticipated to fuel the regional market growth.
Search And Rescue Helicopter Market Report Highlights:
- The rescue equipment component segment is predicted to register the fastest CAGR during the forecast period
- This is due to the increase in search & rescue operations, which require efficient and robust rescue equipment for safe and successful operations
- The North America region accounted for the largest revenue share in 2021 owing to an increase in search & rescue operations offshore and the replacement of old fleets
- The commercial & civil end-use segment led the global industry in 2021 on account of multiple product applications in this segment, such as air ambulances, evacuation missions, aid & rescue missions, and more
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Information Procurement
- 1.1.1 Purchased database
- 1.1.2 GVR's internal database
- 1.1.3 Secondary sources & third-party perspective
- 1.1.4 Primary research
- 1.2 Information Analysis
- 1.2.1 Data analysis models
- 1.3 Market Formulation and Data Visualization
- 1.4 Data Validation and Publishing
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segmental Outlook
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Segmentation & Scope
- 3.2 Market Definitions
- 3.3 Market size and growth prospects
- 3.4 Industry Value Chain Analysis
- 3.5 Market Dynamics
- 3.5.1 Market driver analysis
- 3.5.1.1 Rise in search and rescue operations for civilians and security purposes
- 3.5.1.2 Integration of advanced technology for search and rescue operations
- 3.5.1.3 Increasing demand for helicopters
- 3.5.2 Market restraint/challenges analysis
- 3.5.2.1 High cost of operation and maintenance
- 3.5.2.2 Stringent regulatory obligations
- 3.6 Penetration and Growth Prospect Mapping
- 3.7 Key Company Analysis, 2021
- 3.8 Porter's Five Forces Analysis
- 3.9 PEST Analysis
- 3.10 Helicopter Deliveries (2017 - 2030)
Chapter 4 Component & System Estimates and Trend Analysis
- 4.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (USD Million)
- 4.2 Component & System Movement Analysis & Market Share, 2022 & 2030
- 4.3 Aero Structures
- 4.3.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4 Engine
- 4.4.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5 Avionics
- 4.5.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 4.6 Rescue Equipment's
- 4.6.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 4.7 Electrical System
- 4.7.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 4.8 Others
- 4.8.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5 Type Estimates and Trend Analysis
- 5.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (USD Million)
- 5.2 Type Movement Analysis & Market Share, 2022 & 2030
- 5.3 Light
- 5.3.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4 Medium
- 5.4.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5 Heavy
- 5.5.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6 End-use Estimates and Trend Analysis
- 6.1 Market Size Estimates & Forecasts and Trend Analysis, 2018 - 2030 (USD Million)
- 6.2 End-use Movement Analysis & Market Share, 2022 & 2030
- 6.3 Commercial & Civil
- 6.3.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4 Military
- 6.4.1 Market size estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7 Regional Estimates & Trend Analysis
- 7.1 Search and Rescue Helicopter Market By Region, 2021 & 2030
- 7.2 Regional Movement Analysis & Market Share, 2021 & 2030
- 7.3 North America
- 7.3.1 North America search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.3.2 North America search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.3.3 North America search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.3.4 U.S.
- 7.3.4.1 U.S. search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.3.4.2 U.S. search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.3.4.3 U.S. search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.3.5 Canada
- 7.3.5.1 Canada search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.3.5.2 Canada search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.3.5.3 Canada search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.4 Europe
- 7.4.1 Europe search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.4.2 Europe search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.4.3 Europe search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.4.4 Germany
- 7.4.4.1 Germany search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.4.4.2 Germany search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.4.4.3 Germany search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.4.5 U.K.
- 7.4.5.1 U.K. search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.4.5.2 U.K. search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.4.5.3 U.K. search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.5 Asia Pacific
- 7.5.1 Asia Pacific search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.5.2 Asia Pacific search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.5.3 Asia Pacific search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.5.4 China
- 7.5.4.1 China search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.5.4.2 China search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.5.4.3 China search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.5.5 India
- 7.5.5.1 India search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.5.5.2 India search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.5.5.3 India search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.5.6 Japan
- 7.5.6.1 Japan search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.5.6.2 Japan search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.5.6.3 Japan search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.6 Latin America
- 7.6.1 Latin America search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.6.2 Latin America search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.6.3 Latin America search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.6.4 Brazil
- 7.6.4.1 Brazil search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.6.4.2 Brazil search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.6.4.3 Brazil search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.6.5 Mexico
- 7.6.5.1 Mexico search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.6.5.2 Mexico search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.6.5.3 Mexico search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
- 7.7 Middle East & Africa (MEA)
- 7.7.1 Middle East & Africa search and rescue helicopter market, by component & system, 2018 - 2030 (USD Million)
- 7.7.2 Middle East & Africa search and rescue helicopter market, by type, 2018 - 2030 (USD Million)
- 7.7.3 Middle East & Africa search and rescue helicopter market, by end-use, 2018 - 2030 (USD Million)
Chapter 8 Competitive Landscape
- 8.1 Airbus SAS
- 8.1.1 Company overview
- 8.1.2 Financial performance
- 8.1.3 Product benchmarking
- 8.1.4 Recent developments
- 8.2 Bell Textron INC.
- 8.2.1 Company overview
- 8.2.2 Financial performance
- 8.2.3 Product benchmarking
- 8.2.4 Recent developments
- 8.3 Enstrom Helicopter Corp.
- 8.3.1 Company overview
- 8.3.2 Product benchmarking
- 8.3.3 Recent developments
- 8.4 Hindustan Aeronautics Limited (HAL)
- 8.4.1 Company overview
- 8.4.2 Financial performance
- 8.4.3 Product benchmarking
- 8.4.4 Recent developments
- 8.5 Korea Aerospace Industries, Ltd.
- 8.5.1 Company overview
- 8.5.2 Product benchmarking
- 8.6 Leonardo S.P.A
- 8.6.1 Company overview
- 8.6.2 Financial performance
- 8.6.3 Product benchmarking
- 8.6.4 Recent developments
- 8.7 Lockheed Martin Corporation
- 8.7.1 Company overview
- 8.7.2 Financial performance
- 8.7.3 Product benchmarking
- 8.7.4 Recent developments
- 8.8 MD Helicopters, Inc.
- 8.8.1 Company overview
- 8.8.2 Product benchmarking
- 8.8.3 Recent developments
- 8.9 Robinson Helicopter Company
- 8.9.1 Company overview
- 8.9.2 Product benchmarking
- 8.9.3 Recent developments
- 8.10 Russian Helicopters JSC
- 8.10.1 Company overview
- 8.10.2 Product benchmarking
- 8.10.3 Recent developments