Top Companies in Incident and Emergency Management Market

Top Companies in Incident and Emergency Management Industry - Lockheed Martin (US) and Johnson Controls (Ireland)

The global Incident and Emergency Management market size is projected to grow from USD 137.45 billion in 2024 to USD 196.20 billion by 2030 at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. Due to the adoption of stricter public laws and government initiatives, the incident and emergency market is growing significantly. Governments of countries such as US, India and Kenya have adopted incident and emergency management systems as a result of an increase in natural disasters and man-made catastrophes such as terrorist attacks. In addition to this, the modernization of disaster management infrastructure in developed countries, and increasing demand in developing countries to update existing outdated infrastructure with advanced solutions, is driving the growth of the incident and emergency management market.

What is Incident and Emergency Management?

According to MarketsandMarkets, an incident and emergency management plan assists companies, officers, and responders in preparing for and acting on any type of disaster/emergency caused by earthquakes, hurricanes, diseases, explosions, floods, terrorist attacks, and other terrible occurrences. The incident and emergency management solutions guarantee that daily incidents, crises, and catastrophes are properly prepared, responded to, recovered from, and mitigated. The system enables incident management and situational awareness throughout the emergency response and recovery stages.

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Competitive Overview:

The Incident and Emergency Management market is led by some of the globally established players, such as Lockheed Martin (US), Johnson Controls (Ireland), Motorola Solutions (US), Honeywell (US), Collins Aerospace (US), AT&T (US), Eaton (Ireland), IBM (US), Hexagon (Sweden), NEC (Japan), BAE Systems (UK), Esri (US), Siemens (Germany), DEKRA (Germany), Everbridge (US), LTIMindtree (India). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the incident and emergency management market. The organic and inorganic strategies have helped the market players expand globally by providing advanced incident and emergency management solutions.

Lockheed Martin is a global company specializing in security and aerospace. Its focuses on  research, design, development, manufacturing, integration, and maintenance of advanced technology systems, products, and services. The company offers a wide range of solutions, including management, engineering, technical, scientific, logistics, system integration, and cybersecurity services. In emergency management, Lockheed Martin resources has a Global Emergency Operations Center (GEOC), a Customer Support Center (CSC), and the Annual Disaster Giving Program (ADGP). It serves clients in US and international across industries such as defense, space, intelligence, homeland security, and IT. The company operates in four main business segments including aeronautics, missiles and fire control, rotary and mission systems, and space systems. It operates across North America, Europe, Asia Pacific, and the Middle East and Africa.

Johnson Controls is a global company specializing in smart, sustainable building solutions. It offers innovative products, services, and systems to enhance safety, comfort, and energy efficiency. In incident and emergency management, the company provides HVAC (Heating, Ventilation, and Air Conditioning) systems, fire detection, security systems, industrial refrigeration, and energy management solutions. It provides data-driven smart building services by integrating AI and machine learning through its OpenBlue digital platform, enabling customers to optimize their buildings for sustainability, occupant safety, and operational efficiency.

Related Reports:

Incident and Emergency Management Market by Solution (Web-Based Emergency Management System, Emergency/Mass Notification System, Geospatial), Communication Tools & Devices (First Responder Tools, Satellite-Assisted Equipment) - Global Forecast to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
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Incident and Emergency Management Market Size,  Share & Growth Report
Report Code
TC 2158
RI Published ON
12/6/2024
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