Emergency Beacon Transmitter Market Research Report - Global Forecast till 2027

Global Emergency Beacon Transmitter Market Research Report, by Type (Personal Locator Beacons, Emergency Position-Indicating Radio Beacons, Emergency Locator Transmitters), Services (Maintenance, Inspection and Management, Engineering, Others), Vertical (Aviation, Maritime, Military, Others) - Forecast till 2027

ID: MRFR/ICT/5592-HCR | February 2021 | Region: Global | 100 pages

Market synopsis


Global Emergency Beacon Transmitter market is expected to grow from USD 145.37 million in 2017 to USD 227.20 million by 2023, at a CAGR of 7.73% during the forecast period. Emergency beacon transmitter is a tracking device that is used for detecting and knowing the exact location of the distress signal. In case of emergency situations, the beacon emits a distress signal which assists in detecting the location of boats, aircraft, and people through a non-geostationary satellite. The information thus captures is used by the search & rescue operation teams. There is multiple advanced emergency beacon transmitter available in the market such as 406 MHz frequency transmitters. These transmitters provide real-time emergency tracking and faster response time by using a network of satellites. This has further maximized the search and rescue resource management. Emergency beacon transmitter market, by verticals, is segmented into aviation, maritime, military, and others.


The military segment dominates the emergency beacon transmitter market owing to the high expenditure made by governments across varied regions to enhance their marine and aviation ability. Emergency beacon transmitter assists the military know the exact location for conducting search & rescue operation during emergency situations. The growing need for a faster source of distress signal locator, the rise in aviation/maritime disasters, and government mandates to install emergency locator transmitters in aircraft and naval vessels are some of the factors boosting the growth of emergency beacon transmitter market. However, high installation and maintenance cost and availability of product substitutes such as satellite messengers and satellite phones hinder the growth of this market. Although, growing demand for Cospas-Sarsat system offer opportunities for market growth during the forecast period.


The key players operating in the emergency beacon transmitter market are ACR Electronics, Inc. (US), McMurdo Group (US), HR Smith Group (U.K.), Emergency Beacon Corporation (US), Cobham Plc (U.K.), ACK Technologies, Inc. (US), Instrumar Limited (Canada), SERPE-IESM (France). These players are largely investing in organic growth strategies such as new product development to strengthen their position in the global emergency beacon transmitter market. For instance, in 2018, ACR Electronics, Inc. introduced ARTEX ELT 4000, a 406 MHz approved transport-grade alkaline battery-powered emergency locator transmitter.


Emergency Beacon Transmitter Market
Emergency Beacon Transmitter Market
Source: MRFR


Analysis Segmentation


Emergency Beacon Transmitter market is segmented based on type, services, vertical and region. Based on the type, the market is segmented into personal locator beacons, emergency position-indicating radio beacons, and emergency locator transmitters. By services, the market is segmented into maintenance, inspection and management, engineering, and others. On the basis of vertical, the market is segmented into aviation, maritime, military, and others. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.


Regional analysis


The global market for emergency beacon transmitter is estimated to grow at a notable rate during the forecast period from 2018 to 2023. The geographical analysis of emergency beacon transmitter market is done for North America, Europe, Asia-Pacific, and the rest of the world. North America followed by Europe is expected to dominate the emergency beacon transmitter market from 2018 to 2023 as these regions are witnessing growing usage of high adoption of beacon transmitters in marine defense and air force. Furthermore, government mandates to install emergency locator transmitters (ELT) in all registered civil aircraft propel the demand for emergency locator transmitters in these regions. However, Asia-Pacific is estimated to grow at the highest CAGR during the forecast period owing to the increasing aviation security parameters being implemented by major countries in the region.


Competitive Analysis


The emergency beacon transmitter market has witnessed the high demand from the navy and air force across the world. Key players are launching beacon transmitter that are highly reliable and operational at 406 MHz frequency. For instance, in 2018, ACR Electronics, Inc. introduced ARTEX ELT 4000, a 406 MHz approved transport-grade alkaline battery-powered emergency locator transmitter.


Key players


The prominent players in the emergency beacon transmitter market have been identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. The major vendors of the market are ACR Electronics, Inc. (US), McMurdo Group (US), HR Smith Group (U.K.), Emergency Beacon Corporation (US), Cobham Plc (U.K.), ACK Technologies, Inc. (US), Instrumar Limited (Canada), and SERPE-IESM (France).


Intended Audience



  • Software and Solution Providers

  • Satellite Communication Equipment Manufacturers

  • Satellite Operators

  • Satellite Communication Service Users

  • Telecom Service Providers

  • Application and Software Developers

  • Government/Non-profit Associations

  • Business Organizations

  • Universities and research organizations

  • Venture capitalists

  • Private equity firms



Report Scope:
Report Attribute/Metric Details
  Market Size

  • USD 145.37 Million (2017)
  • USD 227.20 Million (2023)

    		•
      CAGR    7.73% (2017-2023)
      Base Year   2019
      Forecast Period   2020-2027
      Historical Data   2018
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   by Type, Services
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   ACR Electronics, Inc. (US), McMurdo Group (US), HR Smith Group (U.K.), Emergency Beacon Corporation (US), Cobham Plc (U.K.), ACK Technologies, Inc. (US), Instrumar Limited (Canada), and SERPE-IESM (France).
      Key Market Opportunities

  • High installation and maintenance cost and availability of product substitutes such as satellite messengers and satellite phones hinder the growth of this market. \r\n
  • Although, growing demand for Cospas-Sarsat system offer opportunities for market growth during the forecast period.

    		•
      Key Market Drivers   Asia-Pacific is estimated to grow at the highest CAGR during the forecast period owing to the increasing aviation security parameters being implemented by major countries in the region.


    Frequently Asked Questions (FAQ) :

    HR Smith Group (U.K.), Instrumar Limited (Canada), Emergency Beacon Corporation (US), McMurdo Group (US), Cobham Plc (U.K.), and ACK Technologies, Inc. (US) are the variables controlling the market.

    A CAGR of 7.73% is expected to characterize the growth in the market in the coming period.

    The region in North America is estimated to have a significant level of sway in the global market.

    The need to improve the response time to emergency situations is encouraging market development.

    The development of the technical components is expected to gain more importance in the coming period.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Emergency Beacon Transmitter Market

    5 Industry Overview of Global Emergency Beacon Transmitter Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7 Global Emergency Beacon Transmitter Market by Type

    7.1 Introduction

    7.2 Personal Locator Beacons

    7.2.1 Market Overview

    7.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Emergency Position-Indicating Radio Beacons

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.4 Emergency Locator Transmitters

    7.4.1 Market Estimates & Forecast, 2020-2027

    7.4.2 Market Estimates & Forecast by Region, 2020-2027

    8 Global Emergency Beacon Transmitter Market by Services

    8.1 Introduction

    8.2 Maintenance

    8.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2 Market Estimates & Forecast, by Region, 2020-2027

    8.3 Inspection and Management

    8.3.1 Market Estimates & Forecast, 2020-2027

    8.3.2 Market Estimates & Forecast, by Region, 2020-2027

    8.4 Engineering

    8.4.1 Market Estimates & Forecast, 2020-2027

    8.4.2 Market Estimates & Forecast, by Region, 2020-2027

    8.5 Others

    8.5.1 Market Estimates & Forecast, 2020-2027

    8.5.2 Market Estimates & Forecast, by Region, 2020-2027

    9 Global Emergency Beacon Transmitter Market by Vertical

    9.1 Introduction

    9.2 Aviation

    9.2.1 Market Estimates & Forecast, 2020-2027

    9.2.2 Market Estimates & Forecast, by Region, 2020-2027

    9.3 Maritime

    9.3.1 Market Estimates & Forecast, 2020-2027

    9.3.2 Market Estimates & Forecast, by Region, 2020-2027

    9.4 Military

    9.4.1 Market Estimates & Forecast, 2020-2027

    9.4.2 Market Estimates & Forecast, by Region, 2020-2027

    9.5 Others

    9.5.1 Market Estimates & Forecast, 2020-2027

    9.5.2 Market Estimates & Forecast, by Region, 2020-2027

    10 Global Emergency Beacon Transmitter Market by Region

    10.1 Introduction

    10.2 North America

    10.2.1 Market Estimates & Forecast, by Country, 2020-2027

    10.2.2 Market Estimates & Forecast, by Type, 2020-2027

    10.2.3 Market Estimates & Forecast, by Services, 2020-2027

    10.2.4 Market Estimates & Forecast, by Vertical, 2020-2027

    10.2.5 US

    10.2.5.1 Market Estimates & Forecast, by Type, 2020-2027

    10.2.5.2 Market Estimates & Forecast, by Services, 2020-2027

    10.2.5.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.2.6 Canada

    10.2.6.1 Market Estimates & Forecast, by Type, 2020-2027

    10.2.6.2 Market Estimates & Forecast, by Services, 2020-2027

    10.2.6.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.2.7 Mexico

    10.2.5.1 Market Estimates & Forecast, by Type, 2020-2027

    10.2.5.2 Market Estimates & Forecast, by Services, 2020-2027

    10.2.5.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.3 Europe

    10.3.1 Market Estimates & Forecast, Country, 2020-2027

    10.3.2 Market Estimates & Forecast, by Type, 2020-2027

    10.3.3 Market Estimates & Forecast, by Services, 2020-2027

    10.3.4 Market Estimates & Forecast, by Vertical, 2020-2027

    10.3.5 Germany

    10.3.5.1 Market Estimates & Forecast, by Type, 2020-2027

    10.3.5.2 Market Estimates & Forecast, by Services, 2020-2027

    10.3.5.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.3.6 France

    10.3.6.1 Market Estimates & Forecast, by Type, 2020-2027

    10.3.6.2 Market Estimates & Forecast, by Services, 2020-2027

    10.3.6.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.3.7 Italy

    10.3.7.1 Market Estimates & Forecast, by Type, 2020-2027

    10.3.7.2 Market Estimates & Forecast, by Services, 2020-2027

    10.3.7.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.3.8 Spain

    10.3.8.1 Market Estimates & Forecast, by Type, 2020-2027

    10.3.8.2 Market Estimates & Forecast, by Services, 2020-2027

    10.3.8.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.3.9 UK

    10.3.9.1 Market Estimates & Forecast, by Type, 2020-2027

    10.3.9.2 Market Estimates & Forecast, by Services, 2020-2027

    10.3.9.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.4 Asia-Pacific

    10.4.1 Market Estimates & Forecast, Country, 2020-2027

    10.4.2 Market Estimates & Forecast, by Type, 2020-2027

    10.4.3 Market Estimates & Forecast, by Services, 2020-2027

    10.4.4 Market Estimates & Forecast, by Vertical, 2020-2027

    10.4.5 China

    10.4.5.1 Market Estimates & Forecast, by Type, 2020-2027

    10.4.5.2 Market Estimates & Forecast, by Services, 2020-2027

    10.4.5.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.4.6 India

    10.4.6.1 Market Estimates & Forecast, by Type, 2020-2027

    10.4.6.2 Market Estimates & Forecast, by Services, 2020-2027

    10.4.6.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.4.7 Japan

    10.4.7.1 Market Estimates & Forecast, by Type, 2020-2027

    10.4.7.2 Market Estimates & Forecast, by Services, 2020-2027

    10.4.7.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.4.8 Rest of Asia-Pacific

    10.4.8.1 Market Estimates & Forecast, by Type, 2020-2027

    10.4.8.2 Market Estimates & Forecast, by Services, 2020-2027

    10.4.8.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.5 Rest of the world

    10.5.1 Market Estimates & Forecast, Country, 2020-2027

    10.5.2 Market Estimates & Forecast, by Type, 2020-2027

    10.5.3 Market Estimates & Forecast, by Services, 2020-2027

    10.5.4 Market Estimates & Forecast, by Vertical, 2020-2027

    10.5.5 Middle East & Africa

    10.5.5.1 Market Estimates & Forecast, by Type, 2020-2027

    10.5.5.2 Market Estimates & Forecast, by Services, 2020-2027

    10.5.5.3 Market Estimates & Forecast, by Vertical, 2020-2027

    10.5.6 Latin America

    10.5.6.1 Market Estimates & Forecast, by Type, 2020-2027

    10.5.6.2 Market Estimates & Forecast, by Services, 2020-2027

    10.5.6.3 Market Estimates & Forecast, by Vertical, 2020-2027

    11 Company Landscape

    12 Company Profiles

    12.1 Varonis Systems, Inc.

    12.1.1 Company Overview

    12.1.2 Product/Business Segment Overview

    12.1.3 Financial Updates

    12.1.4 Key Developments

    12.2 Exabeam, Inc.

    12.2.1 Company Overview

    12.2.2 Product/Business Segment Overview

    12.2.3 Financial Updates

    12.2.4 Key Developments

    12.3 Microsoft Corporation

    12.3.1 Company Overview

    12.3.2 Product/Business Segment Overview

    12.3.3 Financial Updates

    12.3.4 Key Developments

    12.4 Observe IT

    12.4.1 Company Overview

    12.4.2 Product/Business Segment Overview

    12.4.3 Financial Updates

    12.4.4 Key Developments

    12.5 Bottomline Technologies, Inc.

    12.5.1 Company Overview

    12.5.2 Product/Business Segment Overview

    12.5.3 Financial Updates

    12.5.4 Key Developments

    12.6 Splunk, Inc.

    12.6.1 Company Overview

    12.6.2 Product/Business Segment Overview

    12.6.3 Financial Updates

    12.6.4 Key Developments

    12.7 Niara, Inc.

    12.7.1 Company Overview

    12.7.2 Product/Business Segment Overview

    12.7.3 Financial Updates

    12.7.4 Key Developments

    12.8 One Identity LLC.

    12.8.1 Company Overview

    12.8.2 Product/Business Segment Overview

    12.8.3 Financial Updates

    12.8.4 Key Developments

    12.9 Rapid7

    12.9.1 Company Overview

    12.9.2 Product/Business Segment Overview

    12.9.3 Financial Updates

    12.9.4 Key Developments

    12.10 Sqrrl Data, Inc.

    12.10.1 Company Overview

    12.10.2 Product/Business Segment Overview

    12.10.3 Financial Updates

    12.10.4 Key Developments

    13 Conclusion

    LIST OF TABLES

    Table 1 Global Emergency Beacon Transmitter Market, by Region, 2020-2027

    Table 2 North America: Emergency Beacon Transmitter Market, by Country, 2020-2027

    Table 3 Europe: Emergency Beacon Transmitter Market, by Country, 2020-2027

    Table 4 Asia-Pacific: Emergency Beacon Transmitter Market, by Country, 2020-2027

    Table 5 Middle East & Africa: Emergency Beacon Transmitter Market, by Country, 2020-2027

    Table 6 Latin America: Emergency Beacon Transmitter Market, by Country, 2020-2027

    Table 7 Global Emergency Beacon Transmitter Type Market, by Region, 2020-2027

    Table 8 North America: Emergency Beacon Transmitter Type Market, by Country, 2020-2027

    Table 9 Europe: Emergency Beacon Transmitter Type Market, by Country, 2020-2027

    Table10 Asia-Pacific: Emergency Beacon Transmitter Type Market, by Country, 2020-2027

    Table11 Middle East & Africa: Emergency Beacon Transmitter Type Market, by Country, 2020-2027

    Table12 Latin America: Emergency Beacon Transmitter Type Market, by Country, 2020-2027

    Table13 Global Emergency Beacon Transmitter Vertical Market, by Region, 2020-2027

    Table14 North America: Emergency Beacon Transmitter Vertical Market, by Country, 2020-2027

    Table15 Europe: Emergency Beacon Transmitter Vertical Market, by Country, 2020-2027

    Table16 Asia-Pacific: Emergency Beacon Transmitter Vertical Market, by Country, 2020-2027

    Table17 Middle East & Africa: Emergency Beacon Transmitter Vertical Market, by Country, 2020-2027

    Table18 Latin America: Emergency Beacon Transmitter Vertical Market, by Country, 2020-2027

    Table19 North America: Emergency Beacon Transmitter Market, by Country

    Table20 North America: Emergency Beacon Transmitter Market, by Type

    Table21 North America: Emergency Beacon Transmitter Market, by Vertical

    Table22 Europe: Emergency Beacon Transmitter Market, by Country

    Table23 Europe: Emergency Beacon Transmitter Market, by Type

    Table24 Europe: Emergency Beacon Transmitter Market, by Vertical

    Table25 Asia-Pacific: Emergency Beacon Transmitter Market, by Country

    Table26 Asia-Pacific: Emergency Beacon Transmitter Market, by Type

    Table27 Asia-Pacific: Emergency Beacon Transmitter Market, by Vertical

    Table28 Middle East & Africa: Emergency Beacon Transmitter Market, by Country

    Table29 Middle East & Africa: Emergency Beacon Transmitter Market, by Type

    Table30 Middle East & Africa: Emergency Beacon Transmitter Market, by Vertical

    Table31 Latin America: Emergency Beacon Transmitter Market, by Country

    Table32 Latin America: Emergency Beacon Transmitter Market, by Type

    Table33 Latin America: Emergency Beacon Transmitter Market, by Vertical

     

    LIST OF FIGURES

    FIGURE 1 Global Emergency Beacon Transmitter Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Global Emergency Beacon Transmitter Market

    FIGURE 4 Value Chain of Global Emergency Beacon Transmitter Market

    FIGURE 5 Share of Global Emergency Beacon Transmitter Market in 2020, by Country (in %)

    FIGURE 6 Global Emergency Beacon Transmitter Market, 2020-2027

    FIGURE 7 Global Emergency Beacon Transmitter Market Size, by Type, 2020

    FIGURE 8 Share of Global Emergency Beacon Transmitter Market, by Type, 2020-2027

    FIGURE 9 Global Emergency Beacon Transmitter Market Size, by Vertical, 2020

    FIGURE 10 Share of Global Emergency Beacon Transmitter Market, by Vertical, 2020-2027