Emergency Locator Transmitters Market Insights, Analysis by Types and Applications till 2023
Global Emergency Locator Transmitters Market is anticipated to witness an exponential growth in the forecast period. An emergency locator transmitter (ELT) is an emergency beacon used in aircrafts to alert rescue authorities and indicate the location and the identity of an aircraft in distress.
Global Emergency Locator Transmitters Market is anticipated to witness an exponential growth in the forecast period. An emergency locator transmitter (ELT) is an emergency beacon used in aircrafts to alert rescue authorities and indicate the location and the identity of an aircraft in distress.
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<strong>Emergency</strong> <strong>Locator</strong> <strong>Transmitters</strong> <strong>Market</strong><br />
<strong>Insights</strong>, <strong>Analysis</strong> <strong>by</strong> <strong>Types</strong> <strong>and</strong><br />
<strong>Applications</strong> <strong>till</strong> <strong>2023</strong><br />
“An emergency locator transmitter (ELT) is an emergency<br />
beacon used in aircrafts to alert rescue authorities <strong>and</strong><br />
indicate the location <strong>and</strong> the identity of an aircraft in<br />
distress.”<br />
Global <strong>Emergency</strong> <strong>Locator</strong> <strong>Transmitters</strong> <strong>Market</strong> is anticipated to witness an exponential growth in the forecast<br />
period. An emergency locator transmitter (ELT) is an emergency beacon used in aircrafts to alert rescue authorities <strong>and</strong><br />
indicate the location <strong>and</strong> the identity of an aircraft in distress.<br />
The factors that propel the growth of the emergency locator transmitter market include increasing maritime/aviation<br />
accidents, increase in dem<strong>and</strong> for detecting <strong>and</strong> tracking threats permitting high security, accessibility of highly<br />
dependable products, technical advancements with enhanced process effectiveness, increased acceptance of this<br />
technology <strong>by</strong> adventure enthusiasts while skiing or trekking, portability <strong>and</strong> durability <strong>and</strong> increasing focus of<br />
manufactures on reducing operative costs.<br />
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On the other h<strong>and</strong>, the factors that may hamper the growth of the market include high installation <strong>and</strong> maintenance cost<br />
<strong>and</strong> visibility range of the emergency locator transmitters. The market is anticipated to exp<strong>and</strong> at a significant CAGR in<br />
the upcoming period as the scope, product types, <strong>and</strong> its applications are increasing across the globe.<br />
<strong>Emergency</strong> locator transmitters market could be explored <strong>by</strong> product type, application <strong>and</strong> geography. <strong>Market</strong> <strong>by</strong><br />
product type could span Automatic Portable ELT, Automatic Fixed ELT, Automatic Deployable ELT, <strong>and</strong> Survival<br />
ELT.
The key applications that could be explored in the market include Civil Aircrafts <strong>and</strong> Military Aircrafts. The “Military<br />
Aircrafts” segment led the emergency locator transmitters market in 2017 <strong>and</strong> is anticipated to maintain its dominance<br />
<strong>by</strong> <strong>2023</strong>. The key factor that may be attributed to the growth of market includes high dem<strong>and</strong>.<br />
North America accounted for the major share of the market in 2017 <strong>and</strong> will continue to lead in the forecast period. The<br />
factors that could be attributed to the growth include technical advancements made in the field of emergency beacons,<br />
such as GNSS-equipped beacons <strong>and</strong> GPS-enabled personal beacons which offer rescuers with precise information in<br />
emergency situations.<br />
North America is followed <strong>by</strong> Asia-Pacific region. In addition, heavy investments made <strong>by</strong> countries such as Japan,<br />
China, Korea, <strong>and</strong> India in the Asia-Pacific to organize innovative security systems is further anticipated to offer<br />
satisfactory development opportunities for the emergency locator transmitter market in this region.<br />
Some of the key players that fuel the growth of the emergency locator transmitters market comprise DSS aviation,<br />
Acrartex, HR smith, ACK technologies Inc, <strong>Emergency</strong> beacon corp, Musson marine, Mcmurdo, Survival products <strong>and</strong><br />
Sarasota avionics. The leading companies are taking up partnerships, mergers <strong>and</strong> acquisitions, <strong>and</strong> joint ventures in<br />
order to boost the inorganic growth of the industry.<br />
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<strong>Market</strong> Segment:<br />
Geographically, this report is segmented into several key Regions, with production, consumption, revenue<br />
(million USD), market share <strong>and</strong> growth rate of <strong>Emergency</strong> <strong>Locator</strong> <strong>Transmitters</strong> in these regions, from 2012 to<br />
<strong>2023</strong> (forecast), covering<br />
• North America (United States, Canada <strong>and</strong> Mexico)<br />
• Europe (Germany, France, UK, Russia <strong>and</strong> Italy)<br />
• Asia-Pacific (China, Japan, Korea, India <strong>and</strong> Southeast Asia)<br />
• South America (Brazil, Argentina, Columbia)<br />
• Middle East <strong>and</strong> Africa (Saudi Arabia, UAE, Egypt, Nigeria <strong>and</strong> South Africa)<br />
Global <strong>Emergency</strong> <strong>Locator</strong> <strong>Transmitters</strong> market competition <strong>by</strong> top manufacturers, with production, price,<br />
revenue (value) <strong>and</strong> market share for each manufacturer; the top players including<br />
• Artex<br />
• ASTRONICS CORPORATION<br />
• ELTA
• Gables Engineering<br />
• HR Smith Group<br />
• MC MURDO GROUP<br />
On the basis of product, this report displays the production, revenue, price, market share <strong>and</strong> growth rate of<br />
each type, primarily split into<br />
• With Integrated GPS<br />
• Portable<br />
• Embedded<br />
On the basis on the end users/applications, this report focuses on the status <strong>and</strong> outlook for major<br />
applications/end users, consumption (sales), market share <strong>and</strong> growth rate of <strong>Emergency</strong> <strong>Locator</strong> <strong>Transmitters</strong><br />
for each application, including<br />
• Airplane<br />
• Helicopter<br />
• Other<br />
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https://www.millioninsights.com/industry/technology
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