Emergency beacon transmitter is a tracking device which is used for the assistance in detection and location of aircraft, boats and people in distress; it emits a distress signal and simultaneously the location of such signals is detected by non-geostationary satellites. The global emergency beacon transmitter market is likely to grow from $163.3 million in 2018 to $190.4 million by 2025 with a CAGR of 5.63% from 2019 to 2025. Increasing aviation and maritime disasters and ease and quickness of locating the source of distress sign as well as technological advancements are the major factors for the driving growth of the emergency beacon market. However, increasing government regulations and policies on the standards to be retained on the devices and penalties for accidental as well as false beacons are hampering the growth of the market. Increasing demand for the emergency beacon transmitter and rising government initiatives will be providing a huge number of opportunities during the forecast period.
Research Study Objectives:
- Define, estimate, and forecast the emergency beacon transmitter market statistics by type, technology, service, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the emergency beacon transmitter market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the emergency beacon transmitter Market Analysis report.
- Analysis and conclusions on the future emergency beacon transmitter market outlook.
Top-down and bottom-up approaches are used to validate the emergency beacon transmitter Market Size and are used to estimate
the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The emergency beacon transmitter Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the emergency beacon transmitter market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The emergency beacon transmitter market segmentation is as follows:
By Type
- Personal Locator Beacons
- Emergency Position-Indicating Radio Beacons
- Emergency Locator Transmitters
By Technology
By Service
- Maintenance Services
- Installation & Design
- Inspection & Managed Services
- Engineering Services
By End-user
- Military Aviation
- Civil Aviation
- Merchant Navy
- Navy
Geographical Analysis:
Emergency Beacon Transmitter Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland, and some other promising economies. APAC is further categorised by countries into China, India, Japan, South
Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the emergency beacon transmitter Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global emergency beacon transmitter Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant emergency beacon transmitter market players, such as
- Cobham PLC
- ACR Electronics, Inc.
- McMurdo Group LLC
- HR Smith
- Emergency Beacon Corporation
Along with these companies, many other companies are considered in the report while analysing the global emergency beacon transmitter competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
