PUBLISHER: Grand View Research | PRODUCT CODE: 1888950
PUBLISHER: Grand View Research | PRODUCT CODE: 1888950
The global mine rescue equipment market size was estimated at USD 1,253.7 million in 2024 and is projected to reach USD 1,973.3 million by 2033, growing at a CAGR of 5.2% from 2025 to 2033. Growing emphasis on worker safety in underground and surface mines is significantly boosting demand for advanced rescue equipment.
Governments and mining regulators are enforcing stricter safety compliance, compelling operators to modernize emergency response capabilities. The increasing frequency of mine accidents in developing regions is also prompting companies to adopt more effective life-support and communication systems.
Rapid technological advancements are further accelerating the growth of the mine rescue equipment industry. The integration of IoT-enabled sensors, real-time tracking tools, and automated alert systems enhances rescue efficiency and reduces response times. Mining companies are increasingly prioritizing predictive safety solutions to prevent accidents before they occur. This shift toward digital safety infrastructure is expanding opportunities for innovative rescue devices and supportive equipment.
Global Mine Rescue Equipment Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the mine rescue equipment market report based on type, application, and region: