Emergency Beacon Transmitter Market Worth 175.4 Million USD by 2020

PUNE, India, February 19, 2016 /PRNewswire/ --

According to a new market research report "Emergency Beacon Transmitter Market by Vertical (Military Aviation, Merchant Navy), Service (Engineering, Maintenance), Type (Personal Locator Beacons, Emergency Locator Transmitters), Technology (Analog, Digital) and Geography - Global Forecast to 2020", published by MarketsandMarkets, the global market is expected to reach USD 175.4 Million by 2020, at a CAGR of 5.6% from 2015 to 2020.

Browse 46 market data Tables and 54 Figures spread through 93 Pages and in-depth TOC on "Emergency Beacon Transmitter Market"

http://www.marketsandmarkets.com/Market-Reports/emergency-beacon-transmitter-market-93220519.html

Early buyers will receive 10% customization on this report. 

Regulatory mandates, global coverage, location accuracy, reliable signals, faster response time, and launch of highly reliable beacons operational at 406 MHz frequency are factors driving the growth of the global emergency beacon transmitter market.

 "Digital technology plays a key role in the emergency beacon transmitter market" 

Digital technology is primarily utilized in beacons operational at 406 MHz frequency. Whereas, analog technology is used in beacons operational at 121.5 MHz and 243.0 MHz frequencies. The digital technology segment commanded the highest market share, followed by the analog technology segment in 2015. This high share is mainly attributed to the fact that digital beacons provide more accurate results in comparison to analog beacons. Moreover, digital beacons possess microprocessors that are required to filter out unnecessary electromagnetic noise.

"Military aviation vertical holds the highest market share in the emergency beacon transmitter market" 

The military aviation segment has registered the highest market share in 2015, due to the increasing adoption of emergency beacon transmitters in the military aviation sector and high expenditure made by governments across varied regions to enhance their defense ability. In situations pertaining to transferring of weapons, arms, and ammunitions, if any emergency situation arises, emergency beacon transmitters help military aircraft send signals about its exact location to the earth station; this information is further passed on to the search and rescue teams for necessary action.

"North America has emerged as the leading region with respect to adoption of emergency beacon transmitters" 

The North America emergency beacon transmitter market is driven by technological advancements made in the field of emergency beacons, such as GPS-enabled personal beacons and GNSS-equipped beacons, which provide rescuers with accurate information in emergency situations. In 2008, the International Civil Aviation Organization (ICAO) mandated the installation of emergency locator transmitters in both civil and military aircraft in the U.S. Other countries such as Russia have passed stringent regulations owing to the usage of emergency locator transmitters in all types of aircraft. Over the past few years, the emergency beacon transmitter market recovered its growth due to the launch of highly reliable beacons operational at 406 MHz frequency, and its varied advantages such as global coverage, location accuracy, reliable signals, and faster response time.

Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=93220519

Major players in the Emergency Beacon Transmitter Market include ACR Electronics, Inc., McMurdo Group, HR Smith, Emergency Beacon Corporation, Cobham Plc, and ACK Technologies, Inc.

The report provides market trends, overall adoption scenarios, and competitive landscape as well as key drivers, restraints, and opportunities in this market. It aims to estimate the current size and future growth potential of this market across different types, services, end users, and regions. The scope of the report also covers analysis of varied strategies such as new product launches, mergers & acquisitions, partnerships, agreements, and collaborations in the emergency beacon transmitter market.

Browse Related Reports

Incident and Emergency Management Market, by System and Platform (Surveillance Systems, Mass Notification Systems), by Communication Technology (First Responders, Satellite Phones), by Simulation Tool, by Professional Service - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/incident-emergency-management-market-1280.html

Public Safety and Security Market, by Solution, by Service, by Vertical (Homeland Security, Emergency Services, Manufacturing, and Others), by Region (North America, Europe, Asia Pacific, Middle East and Africa and Latin America) - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/public-safety-security-market-1024.html

About MarketsandMarkets  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets