Global Emergency Beacon Transmitter Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 197.45 Million |
 Market Size (Forecast Year) |
USD 317.09 Million |
 CAGR |
% |
| Major Markets Players |
Global Emergency Beacon Transmitter Market, By Service (Maintenance Services, Installation and Design, Inspection and Managed Services, Engineering Services), Type (Personal Locator Beacons, Emergency Position-Indicating Radio Beacons, Emergency Locator Transmitters), Technology (Digital, Analog), Vertical (Military Aviation, Civil Aviation, Merchant Navy, Navy (Marine Defence)) – Industry Trends and Forecast to 2029.
Emergency Beacon Transmitter Market Analysis and Size
Due to the increased demand for threat detection and tracking, the emergency beacons transmitter market has seen rapid growth in recent years. As a result, one of the primary factors that can aid in the growth of the emergency beacon transmitter market is the demand for highly reliable products.
Data Bridge Market Research analyses that the emergency beacon transmitter market was valued at USD 197.45 million in 2021 and is expected to reach the value of USD 317.09 million by 2029, at a CAGR of 6.10% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Emergency Beacon Transmitter Market Scope and Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2022 to 2029 |
|
Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD million, Volumes in Units, Pricing in USD |
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Segments Covered |
Service (Maintenance Services, Installation and Design, Inspection and Managed Services, Engineering Services), Type (Personal Locator Beacons, Emergency Position-Indicating Radio Beacons, Emergency Locator Transmitters), Technology (Digital, Analog), Vertical (Military Aviation, Civil Aviation, Merchant Navy, Navy (Marine Defence)) |
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
|
Market Players Covered |
ACR Electronics, Inc. (U.S.) McMurdo Group (U.S.), HR Smith Group (U.K.), Emergency Beacon Corporation (U.S.), Cobham Plc (U.K.), ACK Technologies, Inc. (U.S.), Instrumar Limited (Canada), and SERPE-IESM (France) |
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Market Opportunities |
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Market Definition
Emergency beacon transmitters are tracking devices that aid in the location of boats, aircraft, and people in distress. When the transmitter is activated, the beacon emits a signal, and the location of the signals is detected by non-geostationary satellites. The collected data is then passed on to search and rescue personnel in order to locate survivors.
Global Emergency Beacon Transmitter Market Dynamics
Drivers
- growing trend of BYOD is capitalising market growth
Rising demand from the aviation industry for emergency beacon transmitters has been a major growth driver, resulting in significant market growth. The deployment of emergency beacon transmitters in aircraft has increased, as it aids in the faster search and rescue operations of aircraft wreckage and occupants in remote locations during accidents. Furthermore, faster identification of aircraft wreckages increases passenger survival chances while reducing risks for SAR aircraft pilots who typically operate in mountainous terrain or in adverse weather conditions. Such factors have resulted in a high adoption of emergency beacon transmitters to handle the rising rate of aviation accidents more effectively, thereby driving market growth.
- A shift towards remote working facilities is providing growth opportunities
Rising technological growth has been a major driving factor in causing significant growth in the emergency beacon transmitter market. With technological advancements and digitalization, adoption of emergency beacon transmitters has grown significantly among various demanding applications. Smartphone connectivity is a major factor driving high adoption in the military and aviation sectors, as it allows the end user to keep real-time tracking of security threats, thereby improving operational activities. Due to rising demand for efficient portable security devices, various device manufacturers have shifted their focus to developing handheld transmitters with lightweight designs, resulting in greater dominance for emergency beacon transmission.
Opportunity
Combining advanced GPS applications and signal processing has contributed to the availability of highly precise security and surveillance options, thereby driving market growth. Advanced technologies such as IoT and others have aided in providing real-time accurate security tracking, thereby improving security and protection standards and meeting major demands in highly critical environments.
Restraints
High maintenance and installation costs, as well as a limited visibility range, are likely to stymie the growth of the emergency beacon transmitter market during the forecasted period. The easy availability of product substitutes will be the most significant challenge to market growth.
This emergency beacon transmitter market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the emergency beacon transmitter market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Emergency Beacon Transmitter Market
The outbreak of covid 19 has caused negative impact on emergency beacon transmitter market. Low production rates, low demand, and supply chain disruptions are some of the factors limiting the growth of the smart beacon market. The emergency beacon transmitter provide key players with a plethora of services. These key market participants are located in Asia Pacific, Europe, and North America. Covid cases are wreaking havoc in three regions. The emergency beacon transmitter has end users in telecommunication, hospitality and education. There is less adoption rate of smart beacons in all these markets. The emergency beacon transmitter market is currently facing numerous challenges. The impact on this business is affecting market operations. The system's deployment has been scaled back. Low consumer demand will not be sustained. Market demand will skyrocket in the coming years.
Recent Development
- In June 2019, Orolia introduced the Kannad Ultima-S, an emergency locator transmitter designed specifically for use in commercial aircraft. This emergency locator transmitter was designed to be installed in the cabin of commercial aircrafts or in their life rafts and capable of informing crew about SAR operations via the Galileo return link service. The compact and rugged transmitter aids in faster aircraft location detection and was designed with lithium battery regulations in mind to avoid battery fire risks.
- In April 2019, Astronics Corporation announced the SRB-406G S-Type ELT, an upgraded emergency locator transmitter for use in aircraft life rafts. This transmitter was built with GPS technology to provide satellite-based position assistance during search and rescue operations.
Global Emergency Beacon Transmitter Market Scope
The emergency beacon transmitter market is segmented on the basis of service, type, technology, and vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service
- Maintenance Services
- Installation and Design
- Inspection and Managed Services
- Engineering Services
Type
- Personal Locator Beacons
- Emergency Position-Indicating Radio Beacons
- Emergency Locator Transmitters
Technology
- Digital
- Analog
Vertical
- Military Aviation
- Civil Aviation
- Merchant Navy
- Navy (Marine Defence)
Emergency Beacon Transmitter Market Regional Analysis/Insights
The emergency beacon transmitter market is analysed and market size insights and trends are provided by country, service, type, technology, and vertical as referenced above.
The countries covered in the emergency beacon transmitter market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will continue to lead the market over the forecast period. Increasing popularity as it provides flexible work options, rising adoption in large, mid, and small enterprises, the presence of notable players, the availability of various cloud-based service providers, and rising cloud-based service adoption are all contributing to the region's global communication platform market growth.
North America dominated the market. Transmitters are widely used in this region for marine defence and aviation. The government mandating certain transmitters for civil aircraft purposes boosts regional demand for emergency beacon transmitters.
Some Asia Pacific regions grew at a rapid pace during the assessment period, with a high CAGR due to an increase in aviation security parameters proposed in various developing regions.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Emergency Beacon Transmitter Market Share Analysis
The emergency beacon transmitter market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to emergency beacon transmitter market.
Some of the major players operating in the emergency beacon transmitter market are:
- ACR Electronics, Inc. (U.S)
- McMurdo Group (U.S.)
- HR Smith Group (U.K.)
- Emergency Beacon Corporation (U.S.)
- Cobham Plc (U.K.)
- ACK Technologies, Inc. (U.S.)
- Instrumar Limited (Canada)
- SERPE-IESM (France)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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