Who are The Leading Manufacturers of Emergency Location Transmitter Market 2019 with Latest Development, Business Plans, and Upcoming Technologies, Forecast to 2024

Emergency Location Transmitter

Emergency Location Transmitter Market research report gives in-depth information on the Business Overview, Policy, Regional Market, Production Development, Sales, Regional Trade, Business Operation Data, Market Features, Investment Opportunity, Investment Calculation and other important aspect of the industry.

Emergency Location Transmitter Market Report 2019

The main objectives of the research report elaborate the overall market overview on Emergency Location Transmitter market dynamics, historic volume and value, robust market methodology, current & future trends, Porter’s Five Forces Analysis, upstream and downstream industry chain, new technological development, cost structure, government policies & regulations, etc.

Scope of the Report:

  • Emergency location transmitter (ELT) is a piece of equipment which broadcasts different signals on designated frequencies and, depending upon the application, it can automatically activate itself in case of an impact or can be manually activated by the user.
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    Key Insights of Emergency Location Transmitter Market:

    • Complete in-depth analysis of the Emergency Location Transmitter
    • Important changes in market dynamics.
    • Segmentation analysis of the market.
    • Emerging segments and regional markets.
    • Historical, on-going, and projected market analysis based on volume and esteem.
    • Assessment of niche industry players.
    • Market share analysis.
    • Key strategies of major players

    Market Overview:

  • The market for emergency location transmitters is expected to register a CAGR of 4.79% over the forecast year (2019 - 2024).
  • - During the time of an emergency, emergency location transmitting devices can be activated so that the search and rescue teams can come for help. Increasing aviation/maritime disasters and ease of locating the source are driving the emergency location transmitter market.
  • - During major incidents such as the Iran Aseman Airlines ATR 72-212 crash in 2018, the Saratov Airlines Antonov An148 crash in 2018, the crash of EgyptAir Flight 804’s in 2016, and the disappearance of Malaysian Airlines MH370 in 2014, search and rescue operations teams were able to find the geographical locations of the crash sites with the help of ELT devices.
  • - The increasing maritime/aviation accidents across the world and increased adoption of this technology by adventure enthusiasts while trekking or skiing are driving the market forward.
  • - On the other hand, penalties for false activations, issues of unregistered products, and strict government regulations and guidelines on the standards to be followed by the devices may challenge the market growth.
  • Emergency Location Transmitter Market Segmentation by Top Key Players:

  • ACR Electronics, Inc.
  • AVI Survival Products
  • Emergency Beacon Corp
  • McMurdo
  • DSS Aviation
  • HR Smith
  • Musson Marine
  • ACK Technologies Inc.
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    Key Market Trends:

    Military Segment to Witness High Growth

    - Military segment across the world is one of the largest sectors to adopt emergency location Transmitters. ELT and Search and Rescue Lights are being carried by elite military forces around the world to find the exact geographical location of the personnel while on a rescue mission.
    - PLB (personal locator beacon) is also carried by the military personnel to send their GPS locations while in danger or in emergency situations.
    - Moreover, countries around the world are spending more and more money on military advancements and safety. According to the Stockholm International Peace Research Institute, in 2018, the North American region spend the highest in the military segment i.e. USD 670 billion, the European and Asian region spent around USD 364 billion, USD 507 billion respectively.
    - Thus, with the increasing expenditure in the military segment and with the government focusing more on the safety of its personnel, the spending on emergency location transmitters is bound to increase which drives the market.

    North America to Hold the Largest Market Share

    - The North American region is the leading region in the emergency location transmitter market, due to the high adoption of location transmitters by various end-user verticals, such as military, aviation, marine among others.
    - In the North American region, the US was the highest contributor to the market. Primarily due to the 1972 Alaska plane crash, because after that a mandate was passed by the U.S. government to install emergency locator transmitters in all the registered civil aircraft.
    - Also, In 2008, the International Civil Aviation Organization (ICAO) imposed a new rule to install at least one emergency location transmitter in all private and commercial airplanes operating internationally.
    - Therefore, due to the increasing demand for emergency location transmitters in this region, it is highly likely to drive the growth of the market.

    Emergency Location Transmitter Market Provides The Following:

    Emergency Location Transmitter Market

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    Emergency Location Transmitter Market Covers Following Points in TOC:

    • Chapter 1: Emergency Location Transmitter Market Definition
    • Chapter 2: Research Methodology of Emergency Location Transmitter Market
    • Chapter 3: Emergency Location Transmitter Market Executive Summary
    • Chapter 4: Emergency Location Transmitter Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Emergency Location Transmitter Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Emergency Location Transmitter Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Emergency Location Transmitter Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Emergency Location Transmitter Market

    For Detailed TOC Click Here

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