Search and Rescue Drone Trends and Forecast
The future of the global search and rescue drone market looks promising with opportunities in the military & defense, government, and energy & utility markets. The global search and rescue drone market is expected to reach an estimated $8.4 billion by 2030 with a CAGR of 13.1% from 2024 to 2030. The major drivers for this market are growing demand for efficient search & rescue operations, rise in integration of drones in search & rescue missions, and increaing need in disaster assessment & environmental surveillance for timely responses.
• Lucintel forecasts that fixed-wing drone is expected to witness the highest growth over the forecast period.
• Within this market, military & defense is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: DJI launched the Matrice 300 RTK drone with enhanced search and rescue capabilities. The US government aims to deploy drones for faster disaster response, setting targets for improved coordination between agencies.
Canada: Canadian company Draganfly Inc. partnered with Drones Transport Canada for search and rescue drone solutions. The government plans to expand drone usage in remote areas for efficient search operations.
United Kingdom: UK-based Blue Bear Systems Research is developing AI-powered drones for search missions. Government targets include integrating drones into emergency services and achieving faster response times for search and rescue incidents.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Search and Rescue Drone by Segment
The study includes a forecast for the global search and rescue drone by type, application, and region.
Search and Rescue Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed-Wing Drones
• Multi-Rotor Drones
• Single Rotor Helicopter Drones
• Others
Search and Rescue Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Military & Defense
• Government
• Energy & Utilities
• Others
Search and Rescue Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Search and Rescue Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies search and rescue drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the search and rescue drone companies profiled in this report include-
• Aerovironment
• BAE Systems
• DJI
• Draganfly
• Elbit Systems
• General Atomics
• Israel Aerospace Industries
• Lockheed Martin
• Northrop Grumman
• Parrot
Recent Development in the Search and Rescue Drone Market
DJI: DJI, a leading drone manufacturer, launched the Matrice 300 RTK drone with advanced search and rescue capabilities. This drone features enhanced sensors, longer flight times, and improved durability, making it ideal for search operations in challenging environments.
Draganfly Inc.: Draganfly Inc., a Canadian drone technology company, partnered with Drone Transport Canada to develop innovative search and rescue drone solutions. This collaboration aims to leverage drone technology for faster response times and improved search efficiency, especially in remote or hazardous locations.
Blue Bear Systems Research: UK-based Blue Bear Systems Research is working on AI-powered drones specifically designed for search and rescue missions. These drones use artificial intelligence algorithms to analyze data and assist search teams in locating missing persons or identifying hazards during emergencies.
Elbit Systems: Elbit Systems, an Israeli defense technology company, introduced the Hermes 900 drone for search and rescue operations. The Hermes 900 offers long-endurance flights, real-time video transmission, and autonomous capabilities, enhancing its suitability for search missions in diverse environments.
Textron Systems: Textron Systems, an American aerospace and defense company, unveiled the Aerosonde HQ drone designed for search and rescue applications. This drone features high-resolution cameras, thermal imaging capabilities, and autonomous flight modes, enabling effective search operations even in challenging weather conditions.
Features of the Global Search and Rescue Drone Market
Market Size Estimates: Search and rescue drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Search and rescue drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Search and rescue drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the search and rescue drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the search and rescue drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the search and rescue drone market size?
Answer: The global search and rescue drone market is expected to reach an estimated $8.4 billion by 2030.
Q2. What is the growth forecast for search and rescue drone market?
Answer: The global search and rescue drone market is expected to grow with a CAGR of 13.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the search and rescue drone market?
Answer: The major drivers for this market are growing demand for efficient search & rescue operations, rise in integration of drones in search & rescue missions, and increaing need in disaster assessment & environmental surveillance for timely responses.
Q4. What are the major segments for search and rescue drone market?
Answer: The future of the search and rescue drone market looks promising with opportunities in the military & defense, government, and energy & utility markets.
Q5. Who are the key search and rescue drone market companies?
Answer: Some of the key search and rescue drone companies are as follows:
• Aerovironment
• BAE Systems
• DJI
• Draganfly
• Elbit Systems
• General Atomics
• Israel Aerospace Industries
• Lockheed Martin
• Northrop Grumman
• Parrot
Q6. Which search and rescue drone market segment will be the largest in future?
Answer: Lucintel forecasts that fixed-wing drone is expected to witness the highest growth over the forecast period.
Q7. In search and rescue drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the search and rescue drone market by type (fixed-wing drones, multi-rotor drones, single rotor helicopter drones, and others), application (military & defense, government, energy & utilities, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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