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Emergency Beacon Transmitter Market worth 175.4 Million USD by 2020

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“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.

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.

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

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide 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 a 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.

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