Distress Radio beacon in Aviation Market : Industry Size, Share, Growth, Forecasts 2017 - 2025

MarketResearchReports.Biz announces addition of new report "Distress Radio beacon in Aviation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database

The objectives of this study are as follows:

To define, describe, and forecast the "Distress Radio beacon in Aviation" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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A distress beacon is an electronic device that is used in a life threatening situation. When activated, it assists rescue authorities in their search operations to locate those in distress. Radio beacon can be activated from anywhere from the earth’s surface, regardless of land, air, or sea. The transmitted signal is received by the international search and rescue satellite systems. After receiving the signal, these signals are notified to ground stations. The distress call is escalated to the rescue co-ordination center responsible for arranging search operations in that region. There are three types of radio beacons, namely personal locator beacon (PLB), emergency positioning indicating radio beacon (EPIRB), and emergency locator transmitter (ELTs) that are used to transmit distress signals. These beacon signals are used in land, maritime, and air applications. Emergency locator transmitter (ELT) is widely used as distress radio beacon in the aviation industry. Further, a distress beacon once activated due to life threatening situations can continuously transmit signals up to 24 hours. ELTs were the first emergency beacons developed in the U.S and most civil aircrafts were required to carry them. Earlier ELTs were intended to be used on the 121.5 MHz frequency to alert aircraft flying overhead. ELT’s operating on 121.5 MHz and 406 MHz are currently in use. ELT’s operating on 121.5 MHz has several disadvantages such as false alarms and no identification data over 406 MHz ELT. Currently, beacons operating on 121.5 MHz are no longer licensed to use and is no longer being detected by satellites. Aircrafts are required to carry an Emergency Locator Transmitter (ELT) in flight under Civil Aviation Safety Authority (CASA) regulations. Beacon registration is compulsory in many cases and can be completed online without any cost. ELT beacons can continuously transmit signals for 24 hours once it has been activated.

Increasing safety requirements of aviation commuters and stringent rules and regulations of the aviation sector and governments are the key growth factors driving the distress radio beacon market. However, high cost of radio beacons operating on 406 MHz can act as a challenge for the distress radio beacon market. Furthermore, the aviation industry is trying to enhance customer experience by introducing beacons at airports .These beacons at airports can provide the traveler with the indoor way finding and nearby promotions at the airport based on the customer’s proximity. Introducing beacons would also enhance the travelers overall experience by helping them to find their boarding gates and time left to board the aircraft.

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Distress radio beacons in Aviation market can be segmented in terms of technology, application, and region. By technology, the market can be segmented into analog and digital. By application, the market can be segmented into defense aircraft, commercial aircrafts, and charter planes. Distress radio beacons in commercial airplanes have the highest market share among all aircraft applications.

Geographically, distress radio beacon in the aviation market is segmented as North America, Asia Pacific, Europe, South America, and Middle East & Africa (MEA). North America is expected to dominate the distress radio beacon in the aviation market due to high freight traffic & passenger commute and due to presence of manufacturing companies in North America.

Major players present in the distress radio beacon in aviation market includes Honeywell International Plc, Thales Group, Hamilton Sundstrand, Meggit Plc, Emteq Inc., UTC Aerospace System, Zodiac Aerospace, A.C.R Electronics, McMurdo Group, ACK Technologies, Cobham Plc, and Emergency Beacon Corporation. Some other prominent players include GME Emergency Beacons, JOTRON AS, Kannad Marine, Kinetic Technologies, and Beacon Marine Electrical and Electronics. These players are continuously investing in research and development activities to develop new innovative products that have less false alarms as well as gives precise identification and location.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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