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Global Emergency Beacon Transmitter Market: By Vertical: Military Aviation, Civil Aviation, Merchant Navy, Navy (Marine Defence); By Service; By Type; By Technology; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Emergency Beacon Transmitter Market Outlook

The global emergency beacon transmitter market reached a value of about USD 182.11 million  in 2020. The market is being aided by the introduction of stringent government policies to increase airplane security and developments in technology within the aviation sector.

 

Global Emergency Beacon Transmitter Market

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The growth in the investment for the development of advanced technologies for emergency beacon transmitters is expected to further drive the market growth. Thus, the market is projected to grow at a CAGR of 6.8% during the forecast period of 2022-2027 to attain a value of nearly USD 270.38 million by 2026.

 

Increasing Demand for Emergency Beacon Transmitters to Augment the Market Growth

The increase in the demand for emergency beacon transmitters can be attributed to the implementation of strict government regulations for improved safety in the aviation sector. The market growth can also be attributed to the growing need to ensure the security of the consumers. The increasing maritime and aviation accidents are also leading to a heightened demand for emergency beacon  transmitters. Their ability to provide faster location and rescue during an accident in a remote area has further propelled their adoption, thus, aiding the market growth.

 

North America and Europe to Provide Significant Growth Opportunities to the Emergency Beacon Transmitter Industry

North America and Europe are significant regional markets for emergency beacon transmitter due to the heavy involvement of the product in maritime and military expeditions from the region. The demand for emergency beacon transmitters within the North American and European regions significantly emanates from the military, aviation, merchant navy, civil aviation, and navy (marine defences) sectors, owing to the existence of stringent government regulations and security concerns. The United States government mandated the installation of emergency locator transmitters post the 1972 Alaska plane crash in all civil aircraft, which has supported the market growth over the historical period and is expected to continue to do so over the forecast period.

 

Emergency Beacon Transmitter: Market Segmentation

Emergency beacon transmitter refers to device that is used for tracking the location of boats, planes, and persons in trouble. When the transmitter is turned on, the beacon sends out a distress signal, which is detected by non-geostationary satellites. The device can be relied on for timely location and rescue, and, thus, finds deployment on a large scale.

 

Global Emergency Beacon Transmitter Market by Segment

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Based on vertical, the market can be segmented into:

  • Military Aviation 
  • Civil Aviation
  • Merchant Navy 
  • Navy (Marine Defence)

By service, the industry is categorised into:

  • Maintenance Services
  • Installation and Design
  • Inspection and Managed Services 
  • Engineering Services

On the basis of type, the industry is segmented into:

  • Personal Locator Beacons
  • Emergency Position-Indicating Radio Beacons
  • Emergency Locator Transmitters

By technology, the market is bifurcated into:

  • Digital 
  • Analogue

The major regional markets of emergency beacon  transmitter are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Emergency Beacon Transmitter Market by Region

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Increasing Focus on Technological Advancements for Security and Emergency Services to Bolster the Growth of the Emergency Beacon Transmitter Industry

The rapid technological advancements are the primary driver for the emergency beacon transmitter industry’s substantial expansion. The use of emergency beacon transmitters has gained popularity as a result of technological developments and digitalisation in a variety of downstream applications. Due to the  growing need for effective portable security devices, several device manufacturers have shifted their attention to producing handheld transmitters with lightweight designs, which is providing the emergency beacon transmitters industry with lucrative growth opportunities. Furthermore, by integrating sophisticated GPS applications with signal processing, the industry has been able to provide very precise security and surveillance choices, which has further fuelled its expansion. The integration of advanced technologies, such as the Internet of Things (IoT) and others, with the product have aided in providing real-time precise security tracking, therefore, improving security and protection standards and meeting substantial demand in extremely sensitive situations. This has also propelled the market for emergency beacon transmitter forward.

 

Key Industry Players in the Global Emergency Beacon Transmitter  Market

The report gives a detailed analysis of the following key players in the global emergency beacon transmitter market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ACR Electronics, INC.
  • Mcmurdo Group
  • HR Smith 
  • Emergency Beacon Corporation 
  • Cobham PLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Vertical, Service, Type, Technology, Region
Breakup by Vertical Military Aviation, Civil Aviation, Merchant Navy, Navy (Marine Defence)
Breakup by Service Maintenance Services, Installation and Design, Inspection and Managed Services, Engineering Services
Breakup by Type Personal Locator Beacons, Emergency Position-Indicating Radio Beacons, Emergency Locator Transmitters
Breakup by Technology Digital, Analogue
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ACR Electronics, INC., Mcmurdo Group, HR Smith, Emergency Beacon Corporation, Cobham PLC, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Emergency Beacon Transmitter Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Emergency Beacon Transmitter Historical Market (2017-2021) 
    8.3    Global Emergency Beacon Transmitter Market Forecast (2022-2027)
    8.4    Global Emergency Beacon Transmitter Market by Vertical
        8.4.1    Military Aviation 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Civil Aviation
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Merchant Navy 
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Navy (Marine Defence)
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
    8.5    Global Emergency Beacon Transmitter Market by Service
        8.5.1    Maintenance Services
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Installation and Design
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Inspection and Managed Services 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Engineering Services
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
    8.6    Global Emergency Beacon Transmitter Market by Type
        8.6.1    Personal Locator Beacons
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Emergency Position-Indicating Radio Beacons
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Emergency Locator Transmitters
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
    8.7    Global Emergency Beacon Transmitter Market by Technology
        8.7.1    Digital 
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Analogue
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
    8.8    Global Emergency Beacon Transmitter Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    ACR Electronics, INC.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Mcmurdo Group
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    HR Smith 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Emergency Beacon Corporation 
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Cobham PLC
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Emergency Beacon Transmitter Market: Key Industry Highlights, 2016 and 2026
2.    Global Emergency Beacon Transmitter Historical Market: Breakup by Vertical (USD Million), 2017-2021
3.    Global Emergency Beacon Transmitter Market Forecast: Breakup by Vertical (USD Million), 2022-2027
4.    Global Emergency Beacon Transmitter Historical Market: Breakup by Service (USD Million), 2017-2021
5.    Global Emergency Beacon Transmitter Market Forecast: Breakup by Service (USD Million), 2022-2027
6.    Global Emergency Beacon Transmitter Historical Market: Breakup by Type (USD Million), 2017-2021
7.    Global Emergency Beacon Transmitter Market Forecast: Breakup by Type (USD Million), 2022-2027
8.    Global Emergency Beacon Transmitter Historical Market: Breakup by Technology (USD Million), 2017-2021
9.    Global Emergency Beacon Transmitter Market Forecast: Breakup by Technology (USD Million), 2022-2027
10.    Global Emergency Beacon Transmitter Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Emergency Beacon Transmitter Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Emergency Beacon Transmitter Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Emergency Beacon Transmitter Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Emergency Beacon Transmitter Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Emergency Beacon Transmitter Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Emergency Beacon Transmitter Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Emergency Beacon Transmitter Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Latin America Emergency Beacon Transmitter Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Emergency Beacon Transmitter Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Emergency Beacon Transmitter Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Emergency Beacon Transmitter Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Major Importing Countries by Volume (2020)
23.    Major Exporting Countries by Volume (2020)
24.    Major Importing Countries by Value (2020)
25.    Major Exporting Countries by Value (2020)
26.    North America Historical Price Trends and Forecast 2017-2027
27.    Europe Historical Price Trends and Forecast 2017-2027
28.    Asia Pacific Historical Price Trends and Forecast 2017-2027
29.    Latin America Historical Price Trends and Forecast 2017-2027
30.    Middle East and Africa Historical Price Trends and Forecast 2017-2027
31.    Global Emergency Beacon Transmitter Market Structure

Key Questions Answered in the Report

In 2020, the global emergency beacon transmitter market attained a value of nearly USD 182.11 million.

The market is projected to grow at a CAGR of 6.8% between 2022 and 2027.

The major drivers of the industry are strict government regulations for improved safety in the aviation sector, integration of advanced technologies, such as the Internet of Things (IoT), and an increased rate of maritime and aviation accidents.

The key trends leading to the industry’s expansion are the growing technological advances in the transmitter and the need for effective portable security devices.

The major regions in the industry are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific with North America and Europe accounting for the largest share in the market.

Based on vertical, the market can be segmented into military aviation, civil aviation, merchant navy, and navy (marine defence).

By service, the industry is categorised into maintenance services, installation and design, inspection and managed services, and engineering services.

On the basis of type, the industry is segmented into personal locator beacons, emergency position-indicating radio beacons, and emergency locator transmitters.

By technology, the market is bifurcated into digital and analogue.

The major players in the industry are ACR Electronics, INC., Mcmurdo Group, HR Smith, Emergency Beacon Corporation, and Cobham PLC, among others.

Analyst Review

The global emergency beacon transmitter market attained a value of USD 182.11 million in 2020, driven by the strict government regulations for improved safety in the aviation sector. Aided by the growing technological advancements such as installation of GPS, Internet of Things (IoT)  and increased rate of maritime and aviation accidents, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global emergency beacon transmitter industry can be segmented into personal locator beacons, emergency position-indicating radio beacons, and emergency locator transmitters. By vertical, the industry can be divided into military aviation, civil aviation, merchant navy, and navy (marine defence). Based on service, maintenance services, installation and design, inspection and managed services, and engineering services are the major segments. By technology, digital and analogue are the primary segments. The major regional markets for the emergency beacon transmitter are North America, Latin America, Europe, Middle East and Africa, and the Asia Pacific, with North America and Europe accounting for the largest share of the market. The key players in the above market include ACR Electronics, INC., Mcmurdo Group, HR Smith, Emergency Beacon Corporation, and Cobham PLC, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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