Overview and Scope
Disaster preparedness systems are a combination of plans, procedures, and resources that individuals, communities, and organizations put in place to anticipate, respond to, and recover from disasters. It is designed to minimize the impact of disasters on people, property, and the environment.
Sizing and Forecast
The disaster preparedness systems market size has grown strongly in recent years. It will grow from $184.66 billion in 2023 to $201.83 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to increasing frequency of natural disasters, increasing frequency and severity of natural disasters, growing risk perception, escalating incidences of criminal and terrorist activities,heightened disaster risks.
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Segmentation & Regional Insights
The disaster preparedness systems market covered in this report is segmented –
1) By Type: Emergency Or Mass Notification System, Surveillance System, Safety Management System, Earthquake Or Seismic Warning System, Disaster Recovery And Backup Systems, Other Types
2) By Solutions: Geospatial Solutions, Disaster Recovery Solutions, Situational Awareness Solutions
3) By Services: Training And Education Services, Consulting Services, Design And Integration Services, Support And Maintenance Services
4) By Communication Technology: First Responder Tools, Satellite Phones, Emergency Response Radars, Vehicle-Ready Gateways, Other Communication Technologies
5) By End-use: Banking, Financial Services And Insurance (BFSI), Energy And Utilities, Aerospace And Defense, Manufacturing, Information Technology (IT) And Telecom, Public Sector, Transportation And Logistics, Healthcare, Other End-uses
Top 5 Major Playres:
- Siemens AG
- The Lockheed Martin Corporation
- Airbus SE
- International Business Machines Corporation
- Honeywell International Inc
North America was the largest region in the disaster preparedness systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the disaster preparedness systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise in the frequency of natural disasters is expected to propel the growth of the disaster preparedness system market going forward. A natural disaster is a highly harmful impact on a society or community following a natural hazard like earthquakes, hurricanes, floods, or other natural events. The disaster preparedness system helps to reduce the frequency of natural disasters by providing various solutions and tools to communities, organizations, and individuals to prepare for, respond to, and recover from disasters more effectively. For instance, according to the National Oceanic and Atmospheric Administration, a US-based government agency, in 2022, the U.S. encountered 18 distinct weather and climate disasters, each with a cost of at least $1 billion, while in 2023, the U.S. faced 28 separate weather and climate disasters, each with a cost of at least $1 billion. Therefore, the rise in the frequency of natural disasters is driving the growth of the disaster preparedness system market.
Key Industry Players
Major companies operating in the disaster preparedness systems market report are Siemens AG, The Lockheed Martin Corporation, Airbus SE, International Business Machines Corporation, Honeywell International Inc., Johnson Controls International plc, NEC Corporation, Asahi Kasei Corporation, Eaton Corporation, Motorola Solutions Inc., Kumho Petrochemical Co. Ltd., Kuraray Co.Ltd., JSR Corporation, Avient Corporation, Denka Company Limited, Lee Chang Yung Chemical Industry Corp., Blackboard Inc., Everbridge Inc., OnSolve LLC, Singlewire Software LLC, Juvare, Alertus Technologies LLC, CrisisGo Inc.
The disaster preparedness systems market report table of contents includes:
1. Executive Summary
2. Disaster Preparedness Systems Market Characteristics
3. Disaster Preparedness Systems Market Trends And Strategies
4. Disaster Preparedness Systems Market – Macro Economic Scenario
5. Global Disaster Preparedness Systems Market Size and Growth
….
32. Global Disaster Preparedness Systems Market Competitive Benchmarking
33. Global Disaster Preparedness Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Disaster Preparedness Systems Market
35. Disaster Preparedness Systems Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Disaster Preparedness Systems Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Disaster Preparedness Systems Market, Segmentation By Solutions, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Disaster Preparedness Systems Market, Segmentation By Services, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 76: China Petrochemical Corporation Financial Performance
Table 77: BASF SE Financial Performance
Table 78: Siemens AG Financial Performance
Table 79: The Lockheed Martin Corporation Financial Performance
Table 80: Airbus SE Financial Performance
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