Top Companies in Incident and Emergency Management Industry

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management infrastructure in developed countries, and increasing demand in developing countries to update existing outdated infrastructure with advanced solutions, is driving the growth of the incident and emergency management market.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.

Top Companies in Incident and Emergency Management Industry Include

• Lockheed Martin (US)
• Johnson Controls (Ireland)
• Motorola Solutions (US)
• Honeywell (US)
• Collins Aerospace (US)

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Competitive Overview:

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.

Motorola Solutions (US): Motorola Solutions, headquartered in Chicago, Illinois, is a leading provider of mission-critical communications and analytics. Established in 1928 as Motorola, Inc., the company restructured in 2011, resulting in Motorola Solutions focusing on public safety and enterprise security, while Motorola Mobility handled consumer products. Motorola Solutions offers a range of products, including public safety radio systems, command and dispatch software, video surveillance systems, and two-way radios for various markets. The company has expanded its portfolio through acquisitions, such as Avigilon, Pelco, and WatchGuard, enhancing its capabilities in video security and access control.

Honeywell (US): Honeywell International Inc., based in Charlotte, North Carolina, is a diversified multinational conglomerate operating in aerospace, building technologies, performance materials, and safety and productivity solutions. Founded in 1906, Honeywell has evolved into a leader in various industries, providing products and services ranging from aircraft engines and avionics to home automation and industrial control systems. In recent developments, activist investor Elliott Investment Management has acquired a significant stake in Honeywell and is advocating for the company to separate its aerospace and automation sectors to enhance shareholder value. Honeywell is considering strategic options, including spinning off its high-margin aerospace division, which could be valued between $90 billion and $120 billion.

Collins Aerospace (US): Collins Aerospace, a subsidiary of Raytheon Technologies, is a prominent aerospace and defense company headquartered in Charlotte, North Carolina. Formed in 2018 through the merger of Rockwell Collins and United Technologies Corporation's aerospace systems, Collins Aerospace specializes in designing and manufacturing advanced systems for commercial and military aircraft. Their product portfolio includes avionics, aerostructures, interiors, mechanical systems, mission systems, and power and control systems. The company is recognized for its contributions to aviation safety, efficiency, and performance, serving a global clientele in the aerospace industry. These companies play significant roles in their respective sectors, contributing to advancements in technology, safety, and efficiency across various industries.

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

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