Global Emergency Location Transmitter Market

The Global Emergency Location Transmitter Market was valued at USD XX million in 2016 and is expected to reach a total value of USD XX million by the end of 2022, growing at a projected CAGR of XX% during the forecast period of 2017 - 2022. During times of emergency, emergency location transmitting devices can be activated either automatically or manually so that the search and rescue teams can come to the aid. This is a very useful device as the number of lives that can be saved during such disasters are totally dependent on the responsiveness of the rescue teams which in turn depends heavily on the usage of Emergency Location Transmitter. During disasters such as the disappearance of Malaysian Airlines MH370 in 2014 and the crash of EgyptAir Flight 804's in 2016, teams of search and rescue operations were able to narrow down the crash sites with the help of ELT devices.

Market Dynamics

Increase in both the aviation as well as marine disasters and the need to decrease them is the primary driver for this market. Another driver is the ease and quickness in locating the source of distress signal.

The major restraint faced by this market are the Government regulations and policies on the standards which are to be maintained on the devices, which also keeps on changing at regular intervals. Another constraint is the penalties which are to be paid in case of accidental/false beacons.

Market Segmentation

The market for Global Emergency Location Transmitter is primarily divided by four categories, they are

By Deployment

--> Manual

--> Automated

--> Semi-Automated

By Type of Beacon

--> Emergency Position Indication Radio Beacon

--> Emergency Locator Transmitter

--> Personal Locator Beacon

By Triangulation method

--> Doppler

--> Global positioning satellite

--> Global Navigation Satellite System

--> Others

By Industry

--> Aviation

--> Maritime

--> Personal

Geographic Analysis

Currently North America and Europe are the leading regions in this market, owing to the high adoption of beacon transmitters in various industry verticals, such as military, aviation, civil aviation, merchant navy, and navy (marine defence). North America commands the highest market share of the global market since 2015, whereas the U.S. is the highest contributor in this region.Middle East & Africa offers a large potential of growth opportunities due to increase in tourism, which has further resulted in increase in security parameters in the aviation industry, especially for travellers. Thus due to the increase in demand for these devices by the security forces of the countries in this region along with the above cause, Middle East and Africa will become the leading region for this market by 2022 followed by Asia-Pacific region.

Key Players

There are a large number of companies that are involved in this market. Some of them are mentioned below

Acrartex, Sarasota avionics, Survival products, Emergency beacon Corp., Mcmurdo, DSS aviation, HR smith, Musson marine, ACK technologies INC

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage