Market Size of Search and Rescue Aircraft Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 12.50 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Search and Rescue Helicopter Market Analysis
The Search And Rescue Aircraft Market is expected to register a CAGR of more than 12.5% during the forecast period.
The COVID-19 pandemic impacted all aviation sectors globally for a short period. During the pandemic, the majority of the nonessential industry as well as the people's traffic in social places were very negligible. rescue cases during the pandemic were significantly fewer, due to this Search and rescue industry also faced setbacks due to the pandemic.
With the help of these aircraft, the time taken to complete the rescue activity has been reduced. The increasing number of accidents across various trekking sites in remote places has driven the need for search and rescue aircrafts to successfully extract people out of dangers.
