Global Rescue Hoist System Market is valued at approximately USD 1753.11 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7 % over the forecast period 2022-2028. Hoist Rescue system is an emergency rescue tool that can be used to quickly rescue or retrieve people from dangerous or isolated locations. A hoist is a device for lifting and moving materials, a drum (or wheel) on which a rope (wire or fibre) or a chain is wrapped provides the lifting force. Rise in demand for the Rescue Hoist System, rising use of better technological components and rise in the occurrence of Natural Disasters has driven the adoption of Rescue Hoist Systems across the projected period. For Instance: In 2021, there were a total of 401 natural disaster events worldwide. The Asia Pacific region experienced the highest number of natural disasters, most likely due to its size and susceptibility. Also, the implementation of strict regulatory guidelines and rise in demand from End-Users is most likely to boost the overall growth of the Rescue Hoist System Market. However, extended product shelf life can obstruct the Market's expansion over the projection period of 2022-2028.

The key regions considered for the Global Rescue Hoist System Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world. Substantial increase in usage of new and advanced technologies during disasters and crises is driving the Market growth in Europe. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The Market is expected to grow during the projected period, due to the rising government investments.

Major Market players included in this report are:

Hitachi Industrial Equipment Systems Co. Ltd.

Ingersoll-Rand Plc.

Columbus McKinnon

Konecranes Oyj.

SWF Krantechnik GmbH

KITO Group

UTC Aerospace Systems

RUAG Group

Breeze-Eastern LLC

JAMCO Corporation

The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:

By Source:

Electric Rescue Hoist System

Hydraulic Rescue Hoist System

By Type:

Chain Type Rescue Hoist System

Wire Type Rescue Hoist System

By Source of Capacity:

Chain

Wire

By Aircraft Type:

Rotatory Wing Aircraft

Civil Helicopters

Military Helicopters

Military Transport Aircraft

Others

By End- Users:

Coast Guards

Medical Evacuation Crews

Militaries

Fire-fighters

Police Forces

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Rescue Hoist System Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors