Global Emergency Beacon Transmitter Market

Dec 2018| VMR638A| Verified Market Research

Report Highlights

The Global Emergency Beacon Transmitter Market was valued at USD 150.65 million in 2016 and is projected to reach USD 251.29 million by 2025, growing at a CAGR of 5.85% from 2017 to 2025.

An emergency beacon transmitter is a tracking transmitter which aids detection by sending distress signals. The signals are monitored and the location is detected with the help of non-geostationary satellites. This information is further passed on to the search and rescue teams for necessary action. There are several types of beacon transmitters that are used in defense, maritime, and aviation, and for personal use.

Market Dynamics:
1. Market Drivers
1.1 Technology Upgradations
1.2 Rising durability and portability
1.3 Operational efficiency
2. Market Restraints
2.1 Penalty is charged in case of misuse of beacons
2.2 High installation and maintenance costs

Market Segmentation:
The Global Emergency Beacon Transmitter Market is segmented on the service, type, technology, application, and region.

1. By Service:
1.1 Engineering Services
1.2 Installation and Design
1.3 Maintenance Services
1.4 Inspection and Management Services

2. By Type:
2.1 Emergency Locator Transmitters
2.2 Emergency Position-Indicating Radio Beacons
2.3 Personal Locator Beacons

3. By Technology:
3.1 Analog
3.2 Digital

4. By Application:
4.1 Navy
4.2 Military Aviation
4.3 Merchant Navy
4.4 Civil Aviation
4.5 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. ACK Technologies, Inc
2. ACR Electronics, Inc.
3. Cobham PLC.
4. Emergency Beacon Corporation
5. HR Smith
6. Mcmurdo Group
7. Honeywell International
8. Thales Group
9. Emteq, Inc
10. Hamilton Sundstrand
11. Ikusi
12. Meggit Plc
13. Utc Aerospace Systems
14. Zodiac Aerospace, Inc

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Emergency Beacon Transmitter Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report