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| Rescue Pole Market |
A rescue pole or rescue wand is a safety device that is used to help rescuers or first responders quickly extricate an injured person from dangerous situations. Rescue poles are equipped with hooks, straps or other attachments to lift, pull or support a person in need. They find wide applications in industries like construction, healthcare, automotive manufacturing and agriculture among others. High mechanization of farming processes has increased risks of injuries for farmers operating heavy machinery. Rescue poles allow instant rescue of farmers in case they get trapped or injured, avoiding further damages. The global Rescue Pole Market is estimated to be valued at US$ 12.64 Bn in 2023 and is expected to exhibit a CAGR of 10.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing adoption of mechanized equipment and automation in agriculture has
been a major factor accelerating demand for rescue poles. As more machines
replace manual labor, the risk of injuries during operations has increased.
Rescue poles equipped with handles, straps and stretchers allow instant
extraction of injured persons from perilous situations. Their compact, portable
size combined with high strength polymers make rescue poles indispensable
safety gear for farmers. Manufacturers are also developing multi-purpose rescue
poles with additional features like built-in first aid kits, lights and
communication devices to provide comprehensive emergency response on fields.
Such innovations are expected to further bolster adoption of rescue poles
across agriculture over the forecast period.
Segment Analysis
The global rescue pole market is segmented on the basis of product type,
material type, and application. Based on product type, the market is segmented
into folding poles, telescope poles, and hybrid poles. Among these, the
telescope poles segment dominates the market as they can be deployed and
operated quickly in emergency situations. Based on material type, the market is
segmented into aluminum, carbon fiber and others. Aluminum dominates the
material type segment as it is light weight and inexpensive. Based on
application, the market is segmented into firefighting, search and rescue
operations, and others. The firefighting application dominates as rescue poles
are extensively used at fire sites for swift rescue operations.
Key Takeaways
The global Rescue
Pole Market Growth is expected
to witness high growth during the forecast period of 2023 to 2030. Regional
analysis shows that North America holds the largest market share currently due
to extensive forest fires and search & rescue activities in the region.
However, Asia Pacific is expected to witness the fastest growth rate during the
forecast period driven by improving infrastructure and rising demand for quick
rescue operations in densely populated emerging economies like India and China.
Key players operating in the rescue pole market are Trimble, Topcon, Raven
Industries, KUBOTA, Teletrac Navman, AGCO, Aagland, Lely, AgJunction, Robert
Bosch, AgLeader Technology, AgEagle, DICKEY John, CLAAS, CNH Industrial,
BouMatic, Hexagon Agriculture, Farmers Edge, Autonomous Tractor Company, Deere
& Company. Trimble and Topcon hold majority market share currently due to
their wide product portfolio and global presence. However, technological
advancements by new players like BouMatic and Hexagon Agriculture pose
competition.
For more insights, read- https://www.ukwebwire.com/rescue-pole-market-trends-size-and-share-analysis/
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