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Search and Rescue (SAR) Equipment Market Set to Total USD 157 Million by 2034 Amid Rising Aging Population Across the Globe | Future Market Insights Inc.

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The SAR equipment market is expanding due to governments’ efforts to modernize and upgrade search and rescue tools. This growth is further driven by increased funding for military and defense sectors, as well as disaster preparedness initiatives. These factors are collectively enhancing the capabilities and effectiveness of SAR operations.

NEWARK, Del., June 20, 2024 /PRNewswire/ — The search and rescue equipment market size is estimated to reach USD 108.2 million in 2024 and grow at a CAGR of 3.8% from 2024 to 2034. Global sales of the equipment are projected to reach USD 157 million by 2034. This increased demand is driven by the transition from traditional lighting to solid-state lighting systems in displays.

Asia Pacific is anticipated to remain the primary market for SAR equipment fueled by its robust manufacturing base and technological prowess. South Korea is estimated to lead the industry with a predicted CAGR of 6% through 2034, while Japan closely follows with an estimated CAGR of 5.4% until 2034.

Land was the leading platform in the industry due to the ease of navigation. In 2023, the land segment accounted for a value share of 43%. Communication dominated the industry based on equipment, holding a market share of 47% in 2023.

The SAR equipment sector is shaped in large part by government financing. With the help of these financial resources, SAR teams will be able to buy cutting-edge technology, directly boosting the market for SAR equipment and increasing demand for high-caliber equipment.

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The development of equipment for specific habitats and landscapes, such as mountains, aquatic bodies, or urban disaster zones, is set to be encouraged by funding designated toward equipment for unique challenges faced by certain geographical places. Robots with artificial intelligence (AI) capabilities can be used in dangerous situations to find survivors, evaluate damage, or transport necessities. AI-enabled drones can cover wide search regions and provide vital information back to the command center, saving time and reducing the chance that people will be exposed to dangerous locations

Innovation and investment in the infrastructure of SAR equipment are expected to be fueled by public and private collaborations between government agencies, nonprofits, and private businesses. In order to keep a firm grip on the market, top companies in the SAR equipment sector are continuously acquiring and partnering with other businesses, leading to a noticeable trend of mergers and acquisitions in the sector. In an effort to innovate and improve the SAR equipment market’s effectiveness and efficiency, companies are continuously spending on research and development. The market for SAR equipment is expected to increase steadily over the next ten years.

Key Takeaways from the Market Report

The SAR market is set to reach USD 157 million by 2034 with a CAGR of 3.8%.By platform, land is leading the global market with a value share of 43% in 2023.Based on equipment, communications accounted for a market share of 47% in 2023.South Korea is estimated to record a CAGR of 6% between 2034 and 2034.Japan will likely hold the dominant position in the global market and show steady growth at a CAGR of 5.4% by 2034.

“Advancements in AI technology is projected to drive significant innovation leadings. This is anticipated to lead to increased efficiency and effectiveness of SAR equipment,” says Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.).

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Who’s Winning?

Savox Communications, Shenzhen Hoverstar Flight Technology, Mayday Scandinavian International AB, and other leading businesses are competing for market share in the SAR equipment sector. In the context of the dynamically changing search and rescue (SAR) equipment market, all players are vying for consumer attention.

Manufacturers contest with specialization, innovation, and cost-effectiveness in the dynamic SAR equipment market. They are collaborating with and acquiring start-ups in addition to developing new and enhanced SAR equipment to pool their resources and create cutting-edge SAR solutions. They are also putting more emphasis on certain SAR applications and stressing how crucial practice and training are to successful SAR operations.

Tight certification processes and safety regulations may make it difficult for new competitors to enter the market. In this industry, striking a balance between affordability and superior quality is crucial, particularly in places with limited resources. Businesses are trying to modify their approaches to meet the various rules and specifications of several regions. Technological developments will increase the need for specialist equipment, which are set to further change the market’s competitive environment.

Industry Updates

The National Search and Rescue Center (NSRC), in February 2024, announced that it will be hosting its 3rd Edition of the International Search and Rescue Exhibition (INSRC) 2024, a premier global event focused on featuring cutting-edge innovations and institutional frameworks to advance the field of search and rescue, under the cover of the National Guard Command (NGC).East Sussex Fire and Rescue Service, in May 2024, invited people over the age of 18 to attend a Session, “Have a Go,” at the Eastbourne Fire Station to allow people to gain hands-on experience with tasks and equipment handled by firefighters.

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Get More Insights into the Search and Rescue Equipment Market Report

In its latest report, Future Market Insights (FMI) offers an unbiased analysis of the search and rescue equipment market, providing historical data from 2019 to 2023 and forecast statistics for the period 2024 to 2034. To understand the industry potential, growth, and scope, the industry is segmented based on platform (airborne, marine, and land), type (combat, urban, and industrial), equipment (tactical and military kits, survival, signaling, medical, communications, and others), weight (light-weight SKAD and heavy-weight SKAD), and regions.

About Future Market Insights – Industrial Automation

The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation domain. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

Key Segments of Market Report:

By Platform:

Based on platform, the SAR equipment sector is divided into airborne, marine, and land.

By Type:

By type, SAR equipment is segregated into combat, urban, and industrial.

By Equipment:

Based on equipment, SAR equipment sector is split into tactical and military kits, survival, signaling, medical, communications, and others.

By Weight:

By weight, the sector is segregated into light-weight SKAD and heavy-weight SKAD.

By Region:

Based on regions, the sector is distributed across North America, Latin America, Western Europe, South Asia, East Asia, Eastern Europe, and the Middle East and Africa.

Authored By:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Explore Future Market Insights, Inc. Extensive Coverage in Industrial Automation Domain:

The valuation of the total sales of compact construction equipment in the year 2023 is estimated to be US$ 224.1 billion. The global compact construction equipment market is expected to register a CAGR of 3.8% from 2023 to 2033. Based on the compact construction equipment market analysis report by FMI, it can reach US$ 325.4 billion by 2033.

Sales of mining equipment in Latin America are estimated to be valued at US$ 6,846 million in 2024 amid their growing usage in the construction sector. The industry is projected to surge at a CAGR of 4.7% throughout the forecast period. By 2034, the industry size is set to reach US$ 10,836.9 million.

The global compact power equipment rental market size is anticipated to surpass a valuation of US$ 111,077.4 million in 2023. The expanding market value and a wide range of applications are projected to be the market’s primary growth drivers.

The security and surveillance equipment market is estimated to be valued at USD 19,549.8 million in 2024 and is projected to register a CAGR of 4.8% in the forecast period from 2024 to 2034. The market is projected to reach USD 31,243.2 million in 2034.

The rescue hoist system market is anticipated to flourish at an average CAGR of 3.8% between 2023 and 2033. The market is expected to hold a market share of US$ 845 million by 2033, while the market is likely to reach a value of US$ 581.9 million in 2023.

The global gas detection equipment market size reached USD 3,613.7 million in 2023. Over the forecast period, demand is anticipated to rise at 6% CAGR. The total value is predicted to increase from USD 3,801.1 million in 2024 to USD 6,801.6 million in 2034. The sector is predicted to surge around 1.8X through 2034, amid a 3.5% increase in expected CAGR compared to the historical one.

Commercial refrigeration system market is projected to grow steadily, reaching USD 54.8 billion in 2024. The market is expected to reach USD 87.6 billion by 2034, representing a CAGR of 4.8%.

The global land survey equipment industry value reached USD 6945.9 million in 2023. Over the forecast period, the sector is anticipated to rise at 7.8% CAGR. The sector is predicted to increase from USD 7487.6 million in 2024 to USD 15868.4 million in 2034.

The global construction material testing equipment (CMTE) industry value reached USD 3 billion in 2023. Over the forecast period, the value is anticipated to rise at 4.9% CAGR. The market is predicted to increase from USD 3.3 billion in 2024 to USD 5.3 billion in 2034.

About Future Market Insights Inc. (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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When a British Influencer Meets the Canton Fair

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April 27, 2025

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GUANGZHOU, China, April 26, 2025 /PRNewswire/ — “It looks like we are walking straight into the future.” said British influencer Jason talking to the camera at China Import and Export Fair, also widely known as the Canton Fair.

 

As the world’s largest trade exhibition, the 137th Canton Fair has attracted buyers from over 200 countries and regions, with over 30,000 companies participating in. All types of cutting-edge technologies created dazzling sparks in the lens of Jason at the Service Robots Zone.

In the smart home appliances section, Jason was drawn to a refrigerator that can “think”—it provides recipes based on ingredient inventory and even enables users to check its contents remotely via smartphone. In the new energy vehicle section, autonomous electric cars and swappable-battery scooters left Jason exclaiming, “This is the future of transportation!”

The significance of the Canton Fair goes far beyond an exhibition; it provides a stage for real-time global trade transactions. Every year, buyers from over 200 countries strike deals worth billions of dollars here, forging partnerships that shape global supply chains. “This is no ordinary trade show,” Jason said in his video. “As a global commerce hub, it showcases not just business opportunities but also the immense momentum behind ‘Made in China.'”

Jason’s video has attracted enthusiastic responses on international social media platforms, with many global netizens commenting, “Jason is the most enthusiastic explorer in China to share values of truth.” 

Want to experience the Canton Fair through Jason’s first-person perspective? Click on the video and join us on this journey of technology and commerce!

YouTube Link：https://www.youtube.com/watch?v=TvKvlB5qPOg

 

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SOURCE The 137th Canton Fair

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ChangAn Outlines 2030 Vision at “Vast Ocean Plan: United Towards the Peak”-Themed Overseas Partner Conference in Chongqing

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April 27, 2025

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The Company is rapidly accelerating its global expansion with the goal of becoming a world-class automobile brand.

CHONGQING, China, April 26, 2025 /PRNewswire/ — ChangAn Automobile (“ChangAn” or “the Company”), an intelligent low-carbon mobility technology company, recently hosted the 2025 Overseas Partner Conference in Chongqing under the theme “Vast Ocean Plan: United Towards The Peak.” The event brought together more than 500 partners from over 70 countries discuss the Company’s global achievements and share its future roadmap. During the conference, ChangAn unveiled its “2030 Vision,” pledging over $10 billion in global investment. The Company aims to reach 5 million in global vehicle sales by 2030. ChangAn also set its sights on becoming one of the world’s top 10 automobile brands.

ChangAn’s global business strategy continues to advance with an expected 5 million vehicles worldwide and 1.2 million overseas by 2030

In his keynote at the 2025 conference, Zhu Huarong, Chairman of ChangAn Automobile, highlighted the Company’s progress over five years in new energy, intelligence, and global business. Global sales rose 34.2% to 2.684 million vehicles in 2024, with 735,000 new energy vehicles and 536,000 sold internationally. “From product exports to brand globalisation, we are strengthening global competitiveness with the dual drive of ‘long-termism plus localized operations,'” Mr. Zhu said. Over the next five years, ChangAn will target five key overseas markets and expand localised production, branding, and customer service.

ChangAn’s overseas sales ranked among the top 3 in China’s automobile exports in 2024

At the conference, Li Mingcai, Executive Vice President of ChangAn Automobile, highlighted key global milestones. The Company launched its first international NEV manufacturing base in Thailand and developed eight overseas production partnerships, reaching a capacity of 580,000 units. In 2024, ChangAn ranked among China’s top three auto exporters, with over 500,000 vehicles sold internationally and revenue surpassing $11 billion. The brand expanded into 20 new countries, entering over 100 globally, and now operates 1,150 sales channels. CHANG-AN, DEEPAL, and AVATR gained international recognition, with ChangAn joining the “BrandZ Top 50 Chinese Global Brands” just 14 months after launching the Vast Ocean Plan. “In the wave of anti-globalization, ChangAn Automobile has confirmed the strength of China’s smart manufacturing with nine consecutive years of export growth,” Mr. Li said.

The 2025 “dual-track” development plan will see 20 new cars launched internationally

Technological innovation remains at the core of ChangAn’s global strategy, said Executive Vice President Wang Xiaofei. The Company has invested over 114.8 billion yuan in R&D and established an international team of 18,000, including 5,000 software and AI specialists. Its 2025 plan includes a dual-track fuel and new energy strategy. Fossil-fuel vehicles will target markets in Central and South America, the Middle East and Africa, and Eurasia, while new energy vehicles will focus on Asia Pacific and Europe. ChangAn is building a unified global brand structure through CHANG-AN, DEEPAL, and AVATR, executing a “1+N” brand strategy — one global IP and multiple localised campaigns annually. Product-wise, 20 new global models (10 fuel, 10 NEVs) will be launched, including the CS75PLUS, DEEPAL S05, AVATR 07, and CHANG-AN Q07.

ChangAn remains confident and committed to future growth. Moving forward, the Company will focus on building a “competitiveness plus high quality” strategy, leveraging its core strengths and technology innovation to expand its footprint globally and further elevate its international influence.

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SOURCE ChangAn Automobile

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Shanghai Climate Week 2025：LONGi Jiaxing Production Base becomes the world’s first “Lighthouse + Zero-Carbon” factory in the global photovoltaic industry

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April 27, 2025

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SHANGHAI, April 27, 2025 /PRNewswire/ — On April 23, 2025, at the Shanghai Climate Week 2025 “Climate Lighthouse: A New Era” theme event, LONGi’s Jiaxing Production Base was honored with the “Shanghai Climate Week Climate Lighthouse 2025 Manufacturing Lighthouse Exemplary Award” as the world’s first dual benchmark of “Lighthouse Factory + Zero-Carbon Factory” in the global photovoltaic industry. This accolade signifies the SCW Climate Lighthouse Committee’s recognition of LONGi’s achievements in climate-friendly practices, while serving as an impetus for the company to further explore the potential of green technologies and smart manufacturing.

LONGi’s Jiaxing Production Base, recognized by the World Economic Forum (WEF) as the photovoltaic industry’s first global “Lighthouse Factory,” has met all evaluation criteria for the “Climate Lighthouse” initiative through its advanced applications of automation, Industrial Internet of Things (IIoT), digitalization, big data analytics, and 5th-generation mobile communication technology (5G), demonstrating its leadership in smart manufacturing and digitalization at the pinnacle of global PV industry standards.

Building upon its “Lighthouse Factory” intelligent manufacturing framework, LONGi’s Jiaxing Production Base further advanced its zero-carbon transformation in 2024. By leveraging digital tools to enable low-carbon production, deploying rooftop photovoltaic power stations, procuring green electricity certificates and carbon credits, and implementing energy-saving measures, the facility achieved carbon emission reduction and neutralization. This culminated in its designation as the industry’s first “Dual Benchmark” production base certified under the ISO 14068 carbon neutrality standard.

During the Shanghai Climate Week, LONGi participated in the “Empowering Green Supply Chain Transformation Forum” co-organized by the Global Climate Institute, Institute of Public & Environmental Affairs (IPE), Carbon Newture, and Rockwell Automation. Dr. Xie Tian, General Manager of LONGi’s Strategic Management Center, joined the “Big Data and AI: Empowering Enterprises to Enhance ESG Performance” roundtable discussion. He shared practical experiences and challenges in applying data analytics and emerging technologies to advance ESG practices.

Dr. Xie Tian highlighted that the Jiaxing Production Base, as the world’s first “Lighthouse + Zero-Carbon” factory in the photovoltaic industry, exemplifies LONGi’s leadership in integrating digitalization with green transformation. By embedding smart technologies into advanced PV manufacturing processes, the company drives green production and pursues carbon neutrality. Additionally, LONGi has implemented data platforms for ESG disclosure management to verify and analyze sustainability metrics. He emphasized the potential of big data and AI to accelerate secure and efficient green development across industries.

LONGi’s Jiaxing Production Base, through its “Lighthouse + Zero-Carbon” dual benchmark system – a comprehensive carbon neutrality framework encompassing strategic planning, technological implementation, supply chain collaboration, and social responsibility – has emerged as a paradigm of green manufacturing transformation. This model not only provides the global industrial sector with a quantifiable and replicable blueprint for low-carbon development but also contributes to advancing collective progress toward a zero-carbon future.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established five business sectors, covering mono silicon wafers cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com/

SOURCE LONGi

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