USD 1.91 billion
Search and Rescue Helicopter Market Size, Share, Growth Analysis, By Type(Medium-Lift Helicopters, Heavy-Lift Helicopters, and Light-Lift Helicopters), By End-user(Government and Military, and Civil and Commercial), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20R2038 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
62
|Figures:
75
Search and Rescue Helicopter Market Insights
Search and Rescue Helicopter Market size was valued at USD 2.5 Billion in 2023 and is poised to grow from USD 2.6 Billion in 2024 to USD 3.59 Billion by 2032, growing at a CAGR of 4.10% during the forecast period (2025-2032).
The global Search and Rescue Helicopter Market is witnessing substantial growth owing to the increasing demand for advanced helicopters dedicated to search and rescue operations. Various countries are investing in these helicopters to bolster their capabilities in military, law enforcement, public safety, and other critical rescue applications. This surge in demand is projected to drive the industry's expansion throughout the forecast period. A noteworthy example highlighting this growing trend is the Maritime and Coastguard Agency (MCA) of the U.K. signing a significant ten-year deal valued at 1.6 billion pounds with Bristow Helicopters Ltd. The agreement includes the delivery of 18 search and rescue helicopters, indicating the emphasis on enhancing search and rescue capabilities. Furthermore, search and rescue helicopters are playing a crucial role in the prompt and secure transportation of human organs for medical purposes. Additionally, they are actively deployed in aiding mass evacuations during natural disasters. A case in point is the deployment of search and rescue helicopters to rescue people affected by severe floods in Pakistan.
Moreover, commercial and civil companies are also recognizing the importance of maintaining their own search and rescue helicopter fleets to ensure the safety of their employees working in hazardous or remote locations. Milestone Aviation, for instance, successfully delivered 21 Leonardo AW139 search and rescue helicopters to Saudi Aramco Ltd. in February 2022, as part of their fleet renewal initiative. The growth in the market is further fueled by continuous hardware improvements and advanced software integration in search and rescue helicopters. These enhancements aid pilots and rescue personnel in conducting SAR operations more effectively, even under challenging conditions. Advanced technologies like night vision capable cockpits, satellite flight following and communication systems, and enhanced ground proximity sensors are being integrated into search and rescue helicopters, making them highly efficient and capable. Another significant factor driving the industry's expansion is the rising trend of leasing search and rescue helicopters. This allows commercial and civil entities to access SAR fleets without the burden of owning and maintaining them. For example, LCI Aviation Operations Ltd. has formed a joint SAR helicopter lease venture worth USD 230 billion in partnership with Sumitomo Mitsui Finance and Leasing Company. This venture aims to provide Leonardo, Airbus, and Sikorsky helicopters on lease for various SAR missions.
US Search and Rescue Helicopter Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Medium-Lift Helicopters
Fastest Growth
Medium-Lift Helicopters
Growth Rate
4.1% CAGR
Global Search and Rescue Helicopter Market ($ Bn)
Country Share for North America Region (%)
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Search and Rescue Helicopter Market Segmental Analysis
The Global Search and Rescue Helicopter Market is segmented by type, end-user, and region. Based on type, the market can be segmented into medium-lift helicopters, heavy-lift helicopters, and light-lift helicopters. Based on end-user, the market is segmented into government and military, and civil and commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Search and Rescue Helicopter Market Analysis by Type
By Type, the market can be segmented into medium-lift helicopters, heavy-lift helicopters, and light-lift helicopters. Medium-lift helicopters currently dominate the search and rescue helicopter market due to their versatility, reliability, and wide range of applications. These helicopters strike a balance between payload capacity, range, and maneuverability, making them ideal for a variety of search and rescue missions. Their ability to carry essential rescue equipment, multiple rescue personnel, and sometimes even medical facilities, positions them as a preferred choice for emergency response agencies and military organizations worldwide.
While heavy-lift helicopters are experiencing significant growth due to their increasing adoption for specialized and large-scale search and rescue operations. These helicopters are designed to handle challenging missions, including disaster relief, humanitarian efforts, and evacuations in extreme conditions. As natural disasters and emergency situations become more frequent and severe, the demand for heavy-lift helicopters is on the rise.
Search and Rescue Helicopter Market Analysis by End-user
By end-user, the market is segmented into government and military, and civil and commercial. The Government and Military segment currently dominate the search and rescue helicopter market due to the crucial role played by government agencies and armed forces in emergency response and disaster management. Governments across the world invest heavily in search and rescue capabilities to ensure the safety and well-being of their citizens during natural disasters, accidents, and other critical situations. Military forces, in particular, are often at the forefront of search and rescue operations, deploying specialized helicopters for various missions.
The Civil and Commercial segment is experiencing significant growth in the search and rescue helicopter market, primarily driven by the expanding roles of private companies and civil organizations in emergency response and medical evacuation services. As the demand for rapid and efficient emergency medical services (EMS) increases, civil and commercial operators are investing in advanced search and rescue helicopters equipped with medical facilities to cater to medical emergencies in remote or inaccessible areas.
Global Search and Rescue Helicopter Market By Type
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Search and Rescue Helicopter Market Regional Insights
North America is the dominating region in the global Search and Rescue Helicopter Market. The region's dominance can be attributed to the strong presence of well-established manufacturers and operators of search and rescue helicopters. Countries like the United States and Canada have well-developed military, law enforcement, and public safety sectors, leading to high demand for advanced search and rescue capabilities. Furthermore, North America boasts a significant number of search and rescue operations, both for civilian and military purposes. The region often faces natural disasters such as hurricanes, wildfires, and floods, necessitating the use of search and rescue helicopters for swift and effective response and relief efforts.
The Asia-Pacific region is experiencing rapid growth in the Search and Rescue Helicopter Market. The increasing focus on modernizing military and law enforcement agencies, coupled with the rising demand for public safety and disaster response capabilities, is propelling the market's growth in this region. Countries in Asia-Pacific, such as China, India, Japan, and South Korea, have been investing significantly in their defense sectors, leading to an increased demand for advanced search and rescue helicopters for military applications. Additionally, the region's susceptibility to natural disasters, such as earthquakes, typhoons, and tsunamis, is driving the need for efficient search and rescue operations.
Global Search and Rescue Helicopter Market By Geography
- Largest
- Fastest
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Search and Rescue Helicopter Market Dynamics
Search and Rescue Helicopter Market Drivers
Increasing demand for advanced and efficient search and rescue capabilities
- One Driver of the Search and Rescue Helicopter Market's growth is the increasing demand for advanced and efficient search and rescue capabilities in response to a rising number of natural disasters and emergency situations worldwide. As the frequency and severity of natural calamities such as hurricanes, floods, earthquakes, and wildfires continue to escalate, the need for swift and effective search and rescue operations becomes paramount. Search and rescue helicopters play a crucial role in conducting timely and life-saving missions, driving governments, military forces, law enforcement agencies, and commercial entities to invest in upgrading their search and rescue helicopter fleets to meet the growing demand for rapid emergency response.
Search and Rescue Helicopter Market Restraints
High acquisition and maintenance costs
- One restraint in the Search and Rescue Helicopter Market is the high acquisition and maintenance costs associated with advanced search and rescue helicopter technology. The integration of cutting-edge features, such as night vision capabilities, satellite communication, and enhanced sensors, adds to the overall cost of these helicopters. Additionally, regular maintenance and training for pilots and rescue personnel require significant financial resources. This cost factor can be a deterrent for budget-constrained regions and organizations, limiting their ability to procure and operate advanced search and rescue helicopters. As a result, affordability challenges may hinder the market's growth in certain areas and sectors.
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Search and Rescue Helicopter Market Competitive Landscape
The Search and Rescue Helicopter Market is characterized by a diverse range of manufacturers striving to innovate and offer advanced solutions. Companies in this sector focus on integrating cutting-edge technology, improving operational efficiency, and expanding their product portfolios to cater to various search and rescue applications. The market's competitive dynamics are driven by the need to meet stringent safety standards, enhance performance capabilities, and provide cost-effective solutions to meet the growing demand for search and rescue helicopters globally.
Search and Rescue Helicopter Market Top Player’s Company Profiles
- Airbus (France)
- Leonardo S.p.A. (Italy)
- Bell Helicopter Textron Inc. (US)
- Russian Helicopters JSC (Russia)
- Boeing (US)
- NHIndustries (Netherlands)
- KAI Korea Aerospace Industries (South Korea)
- Kawasaki Heavy Industries (Japan)
- AgustaWestland (Italy/UK)
- Hindustan Aeronautics Limited (India)
- MD Helicopters, Inc. (US)
- CHC Helicopter Corporation (UK)
- Mitsubishi Heavy Industries (Japan)
- Erickson Incorporated (US)
- Gulf Helicopters Company (Qatar)
- PZL Świdnik S.A. (Poland)
- Heli-One (Canada)
- Bristow Group Inc. (US)
- DRF Luftrettung (Germany)
Search and Rescue Helicopter Market Recent Developments
- In April 2023, Russian Helicopters, a subsidiary of Rostec State Corporation, signed a contract with an international operator for the supply of a fleet of heavy-lift helicopters, supporting humanitarian and disaster relief missions.
- In January 2023, Leonardo Helicopters partnered with a major medical services provider to launch a dedicated emergency medical services (EMS) helicopter fleet, expanding its presence in the healthcare industry.
- In September 2022, Boeing unveiled its latest search and rescue helicopter, equipped with cutting-edge avionics and integrated drone support, enhancing its capabilities in disaster response.
- In May 2022, a consortium of private investors invested $50 billion in a startup specializing in eVTOL search and rescue helicopters, aiming to revolutionize emergency response capabilities.
Search and Rescue Helicopter Key Market Trends
- Increasing integration of unmanned aerial vehicles (UAVs) or drones: One key market trend in the Search and Rescue Helicopter Market is the increasing integration of unmanned aerial vehicles (UAVs) or drones for search and rescue operations. UAVs offer enhanced flexibility and cost-effectiveness compared to traditional manned helicopters. These drones are equipped with advanced sensors, cameras, and artificial intelligence, enabling them to conduct aerial surveillance, locate and track missing persons, and deliver emergency supplies in challenging environments. The adoption of UAVs in search and rescue missions is expected to grow significantly as they can access remote or hazardous areas with greater ease, complementing manned helicopters and improving overall search and rescue capabilities.
Search and Rescue Helicopter Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to global Search and Rescue Helicopter market analysis, the Search and Rescue Helicopter Market is poised for significant growth in the future, driven by the increasing demand for advanced search and rescue capabilities worldwide. The rising occurrences of natural disasters and emergency situations necessitate efficient and rapid response measures, propelling the market's expansion. The military and defense sector remains the largest segment due to continuous investments in modernizing search and rescue capabilities. Additionally, the commercial and civil segment is the fastest-growing, as industries recognize the need to ensure employee safety in remote and hazardous locations. North America, particularly the United States, dominates the market, owing to well-established manufacturers, cutting-edge technologies, and extensive search and rescue operations. As the demand for swift emergency response rises, the industry's growth trajectory is expected to remain positive in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.4 billion |
| Market size value in 2031 | USD 3.45 billion |
| Growth Rate | 4.10% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Search and Rescue Helicopter Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Search and Rescue Helicopter Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Search and Rescue Helicopter Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Search and Rescue Helicopter Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Search and Rescue Helicopter Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Search and Rescue Helicopter Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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