The navy and air force, who instal these items in ships and aircrafts to enable security and safety from unanticipated mishaps such as equipment malfunction, capsizing, and fire, experience strong demand for emergency beacon transmitters. Distress messages are transmitted using the emergency beacon transmitter.
These signals are detected by geostationary (GEOSAR) and low-earth orbit (LEOSAR) search and rescue satellites, which then transmit them to associated ground receiving stations.
Get Access To Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-3322
Emergency Beacon Transmitter Market: Drivers and Restraints
Modern technology-enabled devices are becoming more widely available, which is increasing consumer demand. Previous systems for sending distress signals were unreliable since they couldn’t precisely locate the location.
On the other hand, the brand-new 406 MHz emergency beacon transmitter comes with a GPS receiver that can identify the actual place where the distress signals were received. As a result, there is a higher need for emergency beacon transmitters.
The expensive installation and upkeep of the emergency beacon transmitter restricts the market’s growth. Moreover, licences and regulations are among the vendors’ main issues. An emergency beacon transmitter seller is required to register their beacon.
Global Emergency Beacon Transmitter Competitive Landscape
Among others, Honeywell International, Inc., ACR Electronics, Inc., Emergency Beacon Corporation, McMurdo Group, ACK Technologies, Inc., Thales Group, and Cobham Plc. are some of the leading companies in this industry.
The report covers exhaustive analysis on
- Global Emergency Beacon Transmitter Market Segments
- Global Emergency Beacon Transmitter Market Dynamics
- Historical Actual Market Size, 2015 – 2016
- Global Emergency Beacon Transmitter Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Emergency Beacon Transmitter Market
- Global Emergency Beacon Transmitter Market Current Trends/Issues/Challenges
- Competition & Companies involved in Emergency Beacon Transmitter Market
- Emergency Beacon Transmitter Technology
- Value Chain of Emergency Beacon Transmitter
- Global Emergency Beacon Transmitter Market Drivers and Restraints
Global Emergency Beacon Transmitter Market: Market Segmentation
Global Emergency Beacon Transmitter Market can be divided into two segments, based on type and end-users.
Segmentation on basis of type in Emergency Beacon Transmitter market:
- Emergency Position Indicator Radio Beacon
- Emergency Locator Transmitter
- Personal Locator Beacon
Segmentation on basis of end-users for Emergency Beacon Transmitter Market: