Search and Rescue Helicopter Market
Frequently Asked Questions of SAR Market
Helicopter Search and rescue as the name suggests are used to aid citizens in rescue operations, these operations range from need-based missions to rescuing citizens who could potentially be in imminent danger. Numerous specialized sub-fields fall under the broad category of search and rescue operations, and these are often decided by the type of terrain the search is conducted over. Some categories of rescue missions are air-sea rescue over water, combat search, and rescue on the battlefield, ground search, and rescue, etc.
The S-92 SAR Helicopter (Helicopter search and rescue) is one of the most popularly known models within the search and rescue helicopter market. The S-92 SAR is operated by military forces including UK Maritime and Coast Guard Agency, Irish Coast Guard, and South Korean Coast Guard.
Major factors driving Search and Rescue Helicopter Market Growth
As per search and rescue helicopters market forecast, one of the key factors which are poised to boost the acquisition of helicopter search and rescue is the rise in defense spending across prominent nations. This increase in value directly translates to increased procurement of defense armament as well as equipment. Moreover, growing hostility amongst nations owing to border tensions is another factor that is anticipated to bolster growth. Increased terrorist activities as well as insurgency within the global search and rescue helicopter markets is another factor that is poised to boost the requirement for search and rescue helicopters. The tense environment across the search and rescue helicopter markets and the threat it poses to civilians is expected to be one of the largest factors which will boost the growth in the acquisition of SAR helicopters (Search helicopter).
In terms of technicality, the versatility of search helicopters to perform search and rescue operations across various terrains is poised to add to their purchase. Additionally, burgeoning strife between China and the US for air supremacy should further bolster the purchase of aircraft to strengthen their strategic stance.
Trends influencing the SAR Market Size
Increased defense procurement of search helicopters across the global search and rescue helicopter markets is primarily driven by rising defense budgets and escalating geopolitical tensions. For instance, the border disputes between China and India have ultimately resulted in a rise in purchases made by the two countries. In terms of the purchase, design, and integration of military inventory, India and China have been competing. Another element that is anticipated to fuel development in the domestic purchase of fighter aircraft components and integrated models is an increase in indigenous programs.
The global search and rescue helicopter market inflation, however, is an issue that is likely to have an effect on military expenditure as well as procurement. It is projected that inflation will raise wages for workers in the aerospace and defense industry. According to secondary sources, rising personnel and military costs could burden the defense-related investments that powerful economies have undertaken. This in turn might restrict the purchase of military equipment across international search and rescue helicopter markets.
SAR Market Forecast & Dynamics
Companies have been working on new search and rescue simulation systems in order to increase the skillsets associated with the pilots that conduct these operations. The use of sustainable fuels and reducing the carbon footprint associated with delivery services are some of the other changes to be implemented across search and rescue operations. As of June 2021, it was noted that the first sustainable fuel-based search and rescue helicopter was flown. At the air rescue station at Munich’s Harlaching Clinic, the Airbus H145 rescue helicopter, which is operated by the German non-profit organization ADAC Luftrettung, had it’s Arriel 2E engines ceremoniously refueled with biofuel, a type of SAF, in the presence of the board of directors of the ADAC Foundation, the managing directors and top management of ADAC Luftrettung, the engine manufacturer Safran Helicopter Engines, and the helicopter manufacturer Airbus Helicopters. These businesses will work together to create alternatives to traditional aviation fuels, which will be a driving factor in the decarbonization of helicopter flights.
Search and Rescue Helicopter Market Analysis for Recent Developments
Following a drawn-out 18-month procurement procedure, the UK’s MCA, an executive agency of the Department for Transport, and UK firm Bristow Helicopters Ltd. inked a contract for around £1.6 billion. Robert Courts, MP, Minister for Maritime and Aviation, stated that Bristow Helicopters Ltd. has been selected to provide both rotary and fixed-wing services for the UK Second-Generation Search and Rescue Aviation program, or UKSAR2G. Since 2013, Bristow Helicopters Ltd has provided the MCA with a UK search and rescue helicopter service, and since 2019, 2Excel Aviation has provided aerial surveillance aircraft. In addition to flying for HM Coastguard, these planes also work for other government agencies.