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
- DSS aviation
- emergency beacon corp
- HR smith
- 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.
Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
1.1 Study Deliverables
1.2 Market Definition
1.3 Review and Forecast Period Years
1.4 General Study Assumptions
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2.1 Increasing aviation/maritime disasters
4.2.2 Ease/quickness of locating the source of distress signal
4.3.1 Government regulations and policies on the standards to be maintained on the devices
4.3.2 Penalties for accidental/false beacons
4.4 Industry Attractiveness - Porters' 5 forces analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat from new entrants
4.4.4 Threat from substitute products
4.4.5 Competitive rivalry within the industry
5. Global Emergency Location Transmitter Market Products Market Segmentation, Forecasts and Trends
5.1 Global Market - Segmented by deployment
5.1.3 Semi Automated
5.2 Global Market - Segmented by Type of beacon
5.2.1 Emergency Position Indication Radio Beacon
5.2.2 Emergency Locator Transmitter
5.2.3 Personal Locator Beacon
5.3 Global Market - Segmented by Triangulation method
5.3.2 Global positioning satellite
5.3.3 Global Navigation Satellite System
5.4 Global Market - Segmented by Industry
5.5 Global Market - Segmented by Region
5.5.1 North America
5.5.3 Asia Pacific
5.5.4 MiddleEast & Africa
5.5.5 Latin America
5.6 Competitive Intelligence - Company Profiles
5.5.8 Sarasota avionics
5.5.9 Survival products
5.5.10 Emergency beacon corp
5.5.12 DSS aviation
5.5.13 HR smith
5.5.14 Musson marine
5.5.15 ACK technologies INC
6. Investment Analysis
6.1 Investment Scenario and Opportunities
7. Future of Emergency Location Transmitter Market