Press release
Emergency Beacon Transmitter Market Landscape Assessment By Type, Opportunities and Higher Mortality Rates by 2027
The objectives of this study are as follows:
• To define, describe, and forecast the " Emergency Beacon Transmitter" 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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Emergency beacon transmitters witness high demand from navy and air force which install these equipment in ships and aircrafts to enable security and safety from unforeseen accidents such as equipment malfunction, capsizing and fire. The emergency beacon transmitter are used for sending distress signals. These signals are detected by Low Earth Orbit Search and Rescue (LEOSAR) and Geostationary Search and Rescue (GEOSAR) satellites and sent to associated ground receiving stations.
Emergency Beacon Transmitter Market: Drivers and Restraints
The market is experiencing high demand due to the availability of devices equipped with advanced technologies. Earlier, devices are used for distress signals were not reliable as they could not provide accurate information about the location. However, new 406 MHz emergency beacon transmitter is equipped with a global position system (GPS) receiver which can provide exact location from where the distress signals have been received. This has resulted in the increase in demand of emergency beacon transmitters.
However, high installation and maintenance cost of the emergency beacon transmitter is hindering the market growth. Further, licensing and regulation is also one of the major challenges for the vendors. An emergency beacon transmitter vendor needs to register its emergency beacon. Failure to register it or notify the National Oceanic and Atmospheric Administration (NOAA) about any beacon ownership change could lead to penalties by the Federal Communications Commission.
A technological trend which has been noticed in the market is emergency beacon transmitter watches. These are suitable for those who travel in remote and risky places. The watch comes with a dual-channel emergency satellite transmitter which gets activated by twisting and pulling the watch knob. The watch holds a Personal Locator Beacon (PLB) category 2 beacon micro-transmitter and is priced between US$ 17,000 and US$ 18,000.
Global Emergency Beacon Transmitter Market: Market Segmentation
Global Emergency Beacon Transmitter Market can be divided into two segments, based on type and end-users.
Segmentation on basis of type in Emergency Beacon Transmitter market:
The segments in Emergency Beacon Transmitter market by type include:
• Emergency Position Indicator Radio Beacon
• Emergency Locator Transmitter
• Personal Locator Beacon
Segmentation on basis of end-users for Emergency Beacon Transmitter Market:
The major segments of Emergency Beacon Transmitter market on basis of end-users include:
• Aviation
• Maritime
• Military
• Others
Global Emergency Beacon Transmitter Competitive Landscape
Some of the prominent players in the Emergency Beacon Transmitter market include Honeywell International, Inc., ACR Electronics, Inc., Emergency Beacon Corporation, McMurdo Group, ACK Technologies, Inc. Thales Group and Cobham Plc. among others.
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The report covers exhaustive analysis on:
• Global Emergency Beacon Transmitter Market Segments
• Global Emergency Beacon Transmitter Market Dynamics
• Historical Actual Market Size, 2015 - 2016
• Global Emergency Beacon Transmitter Market Size & Forecast 2017 to 2027
• Supply & Demand Value Chain for Emergency Beacon Transmitter Market
• Global Emergency Beacon Transmitter Market Current Trends/Issues/Challenges
• Competition & Companies involved in Emergency Beacon Transmitter Market
• Emergency Beacon Transmitter Technology
• Value Chain of Emergency Beacon Transmitter
• Global Emergency Beacon Transmitter Market Drivers and Restraints
Regional analysis for Global Emergency Beacon Transmitter Market includes
• North America Data Lakes Market
• US & Canada
• Latin America Data Lakes Market
• Brazil, Argentina & Others
• Europe Data Lakes Market
• EU5
• Nordics
• Benelux
• Poland
• Russia
• Asia Pacific Data Lakes Market
• Australia and New Zealand (ANZ)
• Greater China
• India
• ASEAN
• Rest of Asia Pacific
• Japan Data Lakes Market
• Middle East and Africa Data Lakes Market
• GCC Countries
• Other Middle East
• North Africa
• South Africa
• Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint
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