Apr 27, 2022 (Market Insight Reports) -- Chicago, Unites State : "The global Emergency Beacon Transmitter market was valued at 126.14 Million USD in 2021 and will grow with a CAGR of 3.19% from 2021 to 2027". Factors influencing the growth of this market include government regulations with respect to the usage of emergency beacons and product registrations, availability of highly reliable products in the market, and increase in operational efficiency of digital beacons. The global market is segmented on the basis of type - personal locator beacons, emergency position-indicating radio beacons, and emergency locator transmitters ; technology - digital and analogy; service - maintenance services, installation and design, inspection and management services, engineering services , and others; vertical �?' civil aviation, military aviation, merchant navy, navy (defence marine) , and others; and geography - Europe, North America, Asia-Pacific, Middle East & Africa, and Latin America. Both top-down approach and bottom-up approaches were utilized to estimate and validate the market size.
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Emergency beacon transmitters are tracking devices that assist in the detection and location of boats, aircraft, and people in distress. When the transmitter is activated, the beacon emits a distress signal, and simultaneously the location of such signals is detected by non-geostationary satellites. This information acquired is passed on to the search & rescue authorities to locate survivors. The availability of reliable emergency beacon transmitters has led to the increasing adoption of these devices in the aviation sector, which, in turn, has contributed to the overall growth of the global emergency beacon transmitter market. There are several advanced devices available in the market such as 406 MHz frequency transmitters, which offer accurate information, maximize search & rescue resource management, and provide real-time emergency tracking and response through the use of a network of satellites known as Cospas-Sarsat system.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
Emergency Beacon Corporation
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
Personal Locator Beacons
Emergency Position-Indicating Radio Beacons
Emergency Locator Transmitters
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Installation & Design
Inspection & Managed Services
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Software and Solution Providers
Satellite Communication Equipment Manufacturers
Satellite Communication Service Users
Telecom Service Providers
Application and Software Developers
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Table Of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Major Country Wise Market Analysis
1.4.1 North America
184.108.40.206 United States