Emergency Location Transmitter Market
Emergency Location Transmitter Market Size, Share & Trends Analysis Report by Type (Personal Locator Beacons, Emergency Position-Indicating Radio Beacons, and Emergency Locator Transmitters), by Technology (Digital, and Analog), by Service (Maintenance Services, Installation and Design, Inspection and Management Services, Engineering Services, and Others), and by Industry Vertical (Civil Aviation, Military Aviation, Merchant Navy, Navy, and Others) Forecast Period (2024-2031)
Emergency location transmitter market is anticipated to grow at a CAGR of 5.9% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for advancements in technology across the globe. Technological developments, such as improved battery solutions, such as the alkaline-based solution featured in the ARTEX ELT 4000M, help to improve ELT reliability and effectiveness. For instance, in May 2023, ACR Electronics introduced the ARTEX ELT 4000M, the latest transport-grade 406 MHz approved Emergency Locator Transmitter (ELT). The revolutionary ELT has 243 and 121.5 MHz homing frequencies and is powered by a patented alkaline-based solution, that eliminates it from FAA non-rechargeable lithium battery exceptions.
Segmental Outlook
The global emergency location transmitter market is segmented based on type, technology, service, and industry vertical. Based on the type, the market is sub-segmented into personal locator beacons, emergency position-indicating radio beacons, emergency locator transmitters. Based on the technology, the market is sub-segmented into digital, and analog. Based on the service, the market is sub-segmented into maintenance services, installation and design, inspection and management services, engineering services, and others (data analytics services, and logistical support services). Furthermore, on the basis of industry vertical, the market is sub-segmented into civil aviation, military aviation, merchant navy, navy (defense marine), and others (search and rescue organizations, and government and public safety agencies). The emergency locator transmitters subcategory is expected to capture a significant portion of the market share within the type segment. The growth can be attributed to the innovative smart technology program. The ELT project appears as a revolutionary smart technology endeavor, signifying a notable advancement in the use of modern technologies. This probably entails combining smart capabilities with artificial intelligence (AI) to increase the efficacy and efficiency of emergency location transmissions. For instance, in November 2022, The National Search and Rescue Center, the General Civil Aviation Authority, and Bayanat, launched the emergency locator transmitter (ELT) project, the program is a revolutionary smart technology initiative designed to help the UAE achieve its goal to serve as an innovator in aviation safety and artificial intelligence.
The Emergency Position-Indicating Radio Beacons Sub-Segment is Anticipated to Hold a Considerable Share of the global Emergency Location Transmitter Market
Among the type, the emergency position-indicating radio beacons sub-segment is expected to hold a considerable share of the global emergency location transmitter market. The segmental growth is attributed to the growing demand for global safety standards. The emphasis on globally safety standards, including requirements for emergency beacons, increases demand for dependable and innovative emergency location transmitters. For instance, in June 2023, ACR Electronics launched the mobile connected Global Fix V6 Emergency Position-Indicating Radio Beacon or EPIRB. It offers safety features such as, RLS alerting and NFC technology, allowing owners to check battery life, self-tests, and beacon diagnostics via a smartphone app.
Regional Outlook
The global emergency location transmitter market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, European region is anticipated to hold a prominent share of the market across the globe, owing to rise in aviation security parameters has been proposed by specific developing region.
Global Emergency Location Transmitter Market Growth by Region 2024-2031
The North America Region is Expected to Grow at a Significant CAGR in the global Emergency Location Transmitter Market
Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the increasing demand for aviation safety standards across the region. Compliance with international aviation safety regulations, including the deployment of ELTs, is essential for General Aviation operations. This adherence remains only a regulatory necessity, although it serves to improve overall industry safety. According to the State General of aviation (AOPA), in 2019, that encompasses all civilian flying except for scheduled passenger airline service, plays a crucial role in various sectors, including business and public services that require flexible transportation options. In the US, more than 90% of the approximately 220,000 registered civil aircraft are classified as general aviation, and over 80% of the 609,000 certified pilots in the country fly General Aviation (GA) aircraft. With an annual economic activity exceeding $150 billion and the creation of 7.6 million jobs, general aviation significantly contributes to the national economy, with varying levels of impact at the state level.
Market Players Outlook
The major companies serving the emergency location transmitter market includes Honeywell International Inc., Astronics, Ack Avionics Technologies Inc., ECA Group, McMurdo Group, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023, HEICO Corp. acquired key assets for Honeywell's Aircraft Emergency Locator Transmitter product line through an exclusive license and asset purchase, part of its Electronic Technologies Group.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global emergency location transmitter market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies. Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Ack Avionics Technologies Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. ACR Electronics Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. ADS Group Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Emergency Location Transmitter Market by Type
4.1.1. Personal Locator Beacons
4.1.2. Emergency Position-Indicating Radio Beacons
4.1.3. Emergency Locator Transmitters
4.2. Global Emergency Location Transmitter Market by Technology
4.2.1. Digital
4.2.2. Analog
4.3. Global Emergency Location Transmitter Market by Service
4.3.1. Maintenance Services
4.3.2. Installation and Design
4.3.3. Inspection and Management Services
4.3.4. Engineering Services
4.3.5. Others (Data Analytics Services, and Logistical Support Services)
4.4. Global Emergency Location Transmitter Market by Industry Vertical
4.4.1. Civil Aviation
4.4.2. Military Aviation
4.4.3. Merchant Navy
4.4.4. Navy (Defense Marine)
4.4.5. Others (Search and Rescue Organizations, and Government & Public Safety Agencies)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Astronics
6.2. Cobham
6.3. DSS Aviation
6.4. DSS Protection
6.5. Dukane Seacom
6.6. ECA Group
6.7. ELLIOTT AVIATION INC.
6.8. Emergency Beacon Corp.
6.9. HOCHIKI Corp.
6.10. Honeywell International Inc.
6.11. HR Smith Group of Co.
6.12. McMurdo Group
6.13. Pointer Avionics Ltd.
6.14. Safran
1. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
2. GLOBAL PERSONAL LOCATOR BEACONS IN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL EMERGENCY POSITION-INDICATING RADIO BEACONS IN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL EMERGENCY LOCATOR TRANSMITTERS IN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
6. GLOBAL DIGITAL EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL ANALOG EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY SERVICE, 2023-2031 ($ MILLION)
9. GLOBAL EMERGENCY LOCATION TRANSMITTER IN MAINTENANCE SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL EMERGENCY LOCATION TRANSMITTER IN INSTALLATION AND DESIGN MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL EMERGENCY LOCATION TRANSMITTER IN INSPECTION AND MANAGEMENT SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL EMERGENCY LOCATION TRANSMITTER IN ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL EMERGENCY LOCATION TRANSMITTER IN OTHER SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
15. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR CIVIL AVIATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
16. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR MILITARY AVIATION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
17. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR MERCHANT NAVY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
18. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR NAVY MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
19. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR OTHER INDUSTRY VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
20. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
21. NORTH AMERICAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
22. NORTH AMERICAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
23. NORTH AMERICAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
24. NORTH AMERICAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY SERVICE, 2023-2031 ($ MILLION)
25. NORTH AMERICAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
26. EUROPEAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
27. EUROPEAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
28. EUROPEAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
29. EUROPEAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY SERVICE, 2023-2031 ($ MILLION)
30. EUROPEAN EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
31. ASIA-PACIFIC EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
32. ASIA-PACIFIC EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
33. ASIA-PACIFIC EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
34. ASIA-PACIFIC EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY SERVICE, 2023-2031 ($ MILLION)
35. ASIA-PACIFIC EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
36. REST OF THE WORLD EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
37. REST OF THE WORLD EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031 ($ MILLION)
38. REST OF THE WORLD EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2023-2031 ($ MILLION)
39. REST OF THE WORLD EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY SERVICE, 2023-2031 ($ MILLION)
40. REST OF THE WORLD EMERGENCY LOCATION TRANSMITTER MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)
1. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY TYPE, 2023 VS 2031 (%)
2. GLOBAL PERSONAL LOCATOR BEACONS IN EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL EMERGENCY POSITION-INDICATING RADIO BEACONS IN EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL EMERGENCY LOCATOR TRANSMITTERS IN EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY TECHNOLOGY, 2023 VS 2031 (%)
6. GLOBAL DIGITAL EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL ANALOG EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY REGION, 2023 VS 2031 (%)
8. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY SERVICE, 2023 VS 2031 (%)
9. GLOBAL EMERGENCY LOCATION TRANSMITTER IN MAINTENANCE SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL EMERGENCY LOCATION TRANSMITTER IN INSTALLATION AND DESIGN MARKET SHARE BY REGION, 2023 VS 2031 (%)
11. GLOBAL EMERGENCY LOCATION TRANSMITTER IN INSPECTION AND MANAGEMENT SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
12. GLOBAL EMERGENCY LOCATION TRANSMITTER IN ENGINEERING SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
13. GLOBAL EMERGENCY LOCATION TRANSMITTER IN OTHER SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)
14. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY INDUSTRY VERTICAL, 2023 VS 2031 (%)
15. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR CIVIL AVIATION MARKET SHARE BY REGION, 2023 VS 2031 (%)
16. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR MILITARY AVIATION MARKET SHARE BY REGION, 2023 VS 2031 (%)
17. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR MERCHANT NAVY MARKET SHARE BY REGION, 2023 VS 2031 (%)
18. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR NAVY MARKET SHARE BY REGION, 2023 VS 2031 (%)
19. GLOBAL EMERGENCY LOCATION TRANSMITTER FOR OTHER INDUSTRY VERTICALS MARKET SHARE BY REGION, 2023 VS 2031 (%)
20. GLOBAL EMERGENCY LOCATION TRANSMITTER MARKET SHARE BY REGION, 2023 VS 2031 (%)
21. US EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
22. CANADA EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
23. UK EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
24. FRANCE EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
25. GERMANY EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
26. ITALY EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
27. SPAIN EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
28. REST OF EUROPE EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
29. INDIA EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
30. CHINA EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
31. JAPAN EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
32. SOUTH KOREA EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
33. REST OF ASIA-PACIFIC EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
34. REST OF THE WORLD EMERGENCY LOCATION TRANSMITTER MARKET SIZE, 2023-2031 ($ MILLION)
