Global Emergency Location Transmitter Market - By Deployment (Manual, Automated, Semi Automated), Type of Beacon (Emergency Position Indication Radio Beacon, Emergency Locator Transmitter, Personal Locator Beacon), Triangulation method (Doppler, Global positioning satellite, Global Navigation Satellite System), Industry, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - ICT and Media | No. of Pages - 105 | Published By - Mordor Intelligence

Report Highlights

The Global Emergency Location Transmitter Market is valued at USD 106 million in 2016 and is expected to reach a value of USD 138.05 million by the end of 2022, growing at a projected CAGR of 4.5 % during the forecast period of 2017 - 2022. During times of emergency, emergency location transmitting devices can be activated either automatically or manually so that the search and rescue teams can come to the aid.

During incidents such as the disappearance of Malaysian Airlines MH370 in 2014, the crash of EgyptAir Flight 804's in 2016, search and rescue operations teams were able to narrow down the crash sites with the help of ELT devices. MH370's disappearance remains a mystery but the officials were given a possible crash area based on the beacon aboard MH370. Increasing maritime/aviation accidents and increased adoption of this technology by adventure enthusiasts while trekking or skiing are driving the market forward while the penalties for false activations, issues of unregistered products and strict regulations and guidelines on the standards to be followed may impede the market growth.

ELT market can be segmented by deployment, type of locator beacon, by triangulation method, by industry and by region.

Some of the key players mentioned in the report are:

ACK technologies Inc

Acrartex

DSS aviation

emergency beacon corp

HR smith

Mcmurdo

musson marine

Sarasota avionics

survival products

What the report offers

Market definition for emergency location transmitter along with identification of key drivers and restraints for the market.

Market analysis for the ELT market, with region specific assessments and competition analysis on a global and regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.

Identification and analysis of the macro and micro factors that affect the ELT market on both global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.

Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
 

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