Emergency Beacon Transmitters Global Market Report 2023: New ELT Installation Rules to Spur Growth

DUBLIN, May 3, 2023 /PRNewswire/ -- The "Emergency Beacon Transmitters - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Emergency Beacon Transmitters Market to Reach $253 Million by 2030

In the changed post COVID-19 business landscape, the global market for Emergency Beacon Transmitters estimated at US$180.3 Million in the year 2022, is projected to reach a revised size of US$253 Million by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Emergency Locator Transmitters, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$110.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Personal Locator Beacons segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $52.8 Million, While China is Forecast to Grow at 4% CAGR

The Emergency Beacon Transmitters market in the U.S. is estimated at US$52.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$44.6 Million by the year 2030 trailing a CAGR of 4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 38 Featured) -

• Ack Technologies, Inc.
• ACR Electronics, Inc.
• Cobham PLC
• Emergency Beacon Corporation
• Hr Smith Group
• Mcmurdo Group

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• Emergency Beacon Transmitter to Register Steady Growth
• Emergency Beacon Transmitters - Global Key Competitors Percentage Market Share in 2021 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• Market Share of Leading Players by Sales Volume: 2018

3. MARKET TRENDS & DRIVERS

• With the Implementation of New Rule for Private and Commercial Airplanes, the Emergency Beacon Transmitter Market Set to Register Gains
• Increased Outdoor Activities to Spur Market Demand
• Rise in Aircraft Hijacks and Physical Threats Drive Market Demand
• Military Aviation Segment to Dominate the Market Share
• New ELT Installation Rules to Spur Growth of Emergency beacon Transmitters
• Increasing Number of Product Launches to Support Growth
• Product Overview
• Growth in Unmanned Aerial Vehicles to Drive Market Demand
• Total investments in Drone Hardware: 2016E-2021E
• Total UAV Production (in Million USD and Units) by Region: 2017 & 2026

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/3eb4d2

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets