The navy and air force, who instal these items in ships and aircrafts to enable security and safety from unanticipated mishaps such as equipment malfunction, capsizing, and fire, experience strong demand for emergency beacon transmitters. Distress messages are transmitted using the emergency beacon transmitter.
Geostationary Search and Rescue (GEOSAR) and Low Earth Orbit Search and Rescue (LEOSAR) satellites send these signals to related ground receiving stations after detecting them.
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Emergency Beacon Transmitter Market: Drivers and Restraints
The availability of devices with cutting-edge technologies is driving up demand in the market. Devices used to send distress signals in the past were unreliable since they couldn’t accurately pinpoint the position.
The new 406 MHz emergency beacon transmitter, on the other hand, includes a GPS receiver that can pinpoint the precise location from which the distress signals were received. As a result, demand for emergency beacon transmitters has increased.
The market’s expansion is being hampered by the emergency beacon transmitter’s high installation and maintenance costs. Furthermore, one of the biggest problems for the sellers is licence and regulation. A vendor of emergency beacon transmitters must register their beacon.
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Global Emergency Beacon Transmitter Competitive Landscape
Among others, Honeywell International, Inc., ACR Electronics, Inc., Emergency Beacon Corporation, McMurdo Group, ACK Technologies, Inc., Thales Group, and Cobham Plc. are some of the leading companies in this industry.
The report covers exhaustive analysis on
- Global Emergency Beacon Transmitter Market Segments
- Global Emergency Beacon Transmitter Market Dynamics
- Historical Actual Market Size, 2015 – 2016
- Global Emergency Beacon Transmitter Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Emergency Beacon Transmitter Market
- Global Emergency Beacon Transmitter Market Current Trends/Issues/Challenges
- Competition & Companies involved in Emergency Beacon Transmitter Market
- Emergency Beacon Transmitter Technology
- Value Chain of Emergency Beacon Transmitter
- Global Emergency Beacon Transmitter Market Drivers and Restraints
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Global Emergency Beacon Transmitter Market: Market Segmentation
Global Emergency Beacon Transmitter Market can be divided into two segments, based on type and end-users.
Segmentation on basis of type in Emergency Beacon Transmitter market:
- Emergency Position Indicator Radio Beacon
- Emergency Locator Transmitter
- Personal Locator Beacon
Segmentation on basis of end-users for Emergency Beacon Transmitter Market:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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