Market Overview:
The global emergency position indicating radio beacons (EPIRB) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for maritime safety and security, rising incidences of marine accidents, and growing awareness about EPIRBs among end-users. The global emergency position indicating radio beacons (EPIRB) market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into automatic type and manual type. Automatic EPIRBs are those that are activated automatically upon contact with water, while manual EPIRBs need to be activated by hand before use. On the basis of application, the market is divided into marine applications, aviation applications, and land applications. Marine applications include vessels such as boats and ships; aviation applications include aircrafts; while land applications comprise vehicles such as cars or trucks travelling on land surfaces).
Product Definition:
An EPIRB is a device that emits a signal indicating its location, which can be detected by rescue personnel. The use of an EPIRB is often required by law in order to participate in certain activities, such as sailing or boating. The use of an EPIRB can help rescue personnel locate and save individuals who are in danger.
Automatic Type:
Automatic type is a distress signal, which is broadcasted by an EPIRB when the boat or aircraft carrying it sinks and its operator cannot send a Mayday call. The distress call contains information about the position of the vessel/aircraft and other relevant data such as water temperature at that point of time, etc. This automatic type can be activated by various reasons such as equipment failure or malfunctioning due to electrical problems, engine problems, etc.
Manual Type:
The manual type is a device that emits an alert signal in the case of emergency. It can be used as an EPIRB (Emergency Position Indicating Radio Beacon) or manually operated distress call. The device consists of two metal prongs, which are connected by a thin wire and it is activated by pushing a button on the top.
Application Insights:
The aviation segment dominated the global emergency position indicating radio beacons market, accounting for over 30.0% share of the overall revenue in 2017. The aviation sector is one of the most crucial sectors that need to be equipped with EPR in order to ensure safety and security of passengers and crew on-board aircrafts. In case of an emergency, these devices send out a signal which enables users to determine their location by accessing a specific website or smartphone application installed on them. These devices also have built-in batteries which enable them to function continuously for about 60 hours even if they are not connected to any external power source such as mains electricity or battery charger stations.
The land segment is expected register significant growth over the forecast period owing to increasing incidences of natural disasters such as earthquakes, volcano eruptions and floods across various regions including Asia Pacific, Central & South America.
Regional Analysis:
North America dominated the global emergency position indicating radio beacons market in 2017. The U.S., in particular, is a key regional market for EPIRBs as it accounts for the largest number of ship and aircraft incidents and Search & Rescue (SAR) operations across the globe. Europe also accounted for a significant share of revenue generation owing to increasing marine transport activities across this region.
Asia Pacific is expected to witness substantial growth over the forecast period owing to an increase in maritime transportation activities coupled with stringent regulations aimed at saving lives at sea enforced by various governments around this region especially China, India, Australia, Singapore and Japan among others.
Growth Factors:
- Increasing demand for maritime safety and security: The global maritime industry is growing at a rapid pace. This is resulting in an increase in the demand for EPIRBs, as they provide safety and security to seafarers.
- Proliferation of cruise ships and yachts: There has been a proliferation of cruise ships and yachts in recent years, which has led to an increase in the demand for EPIRBs.
- Stringent regulations on maritime safety: Governments across the world are implementing stringent regulations on maritime safety, which is leading to an increase in the adoption of EPIRBs.
- Technological advancements: The technology used in EPIRBs is constantly evolving, with new features being added regularly. This is resulting in increased adoption rates among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Emergency Position Indicating Radio Beacons (EPIRB) Market Research Report
By Type
Automatic Type, Manual Type
By Application
Marine, Aviation, Land
By Companies
ACR Electronics,Inc, Orolia (McMurdo), Omega, Nisshinbo Holdings Inc. (JRC), Jotron, AST Group, Furuno, GME, VIKING Life-Saving Equipment, HR Smith, Kinetic Technology International, Pamarine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Emergency Position Indicating Radio Beacons (EPIRB) Market Report Segments:
The global Emergency Position Indicating Radio Beacons (EPIRB) market is segmented on the basis of:
Types
Automatic Type, Manual Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Marine, Aviation, Land
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ACR Electronics,Inc
- Orolia (McMurdo)
- Omega
- Nisshinbo Holdings Inc. (JRC)
- Jotron
- AST Group
- Furuno
- GME
- VIKING Life-Saving Equipment
- HR Smith
- Kinetic Technology International
- Pamarine
Highlights of The Emergency Position Indicating Radio Beacons (EPIRB) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic Type
- Manual Type
- By Application:
- Marine
- Aviation
- Land
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Emergency Position Indicating Radio Beacons (EPIRB) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Emergency Position Indicating Radio Beacons (EPIRBs) are devices that send a signal to satellites that indicate the location of a vessel in distress. If activated, the beacon can activate search and rescue operations.
Some of the major companies in the emergency position indicating radio beacons (epirb) market are ACR Electronics,Inc, Orolia (McMurdo), Omega, Nisshinbo Holdings Inc. (JRC), Jotron, AST Group, Furuno, GME, VIKING Life-Saving Equipment, HR Smith, Kinetic Technology International, Pamarine.
The emergency position indicating radio beacons (epirb) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Emergency Position Indicating Radio Beacons (EPIRB) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Emergency Position Indicating Radio Beacons (EPIRB) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Emergency Position Indicating Radio Beacons (EPIRB) Market - Supply Chain
4.5. Global Emergency Position Indicating Radio Beacons (EPIRB) Market Forecast
4.5.1. Emergency Position Indicating Radio Beacons (EPIRB) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Emergency Position Indicating Radio Beacons (EPIRB) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Emergency Position Indicating Radio Beacons (EPIRB) Market Absolute $ Opportunity
5. Global Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Type
5.3.1. Automatic Type
5.3.2. Manual Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Application
6.3.1. Marine
6.3.2. Aviation
6.3.3. Land
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Emergency Position Indicating Radio Beacons (EPIRB) Demand Share Forecast, 2019-2026
9. North America Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Application
9.4.1. Marine
9.4.2. Aviation
9.4.3. Land
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Type
9.7.1. Automatic Type
9.7.2. Manual Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Emergency Position Indicating Radio Beacons (EPIRB) Demand Share Forecast, 2019-2026
10. Latin America Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Application
10.4.1. Marine
10.4.2. Aviation
10.4.3. Land
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Type
10.7.1. Automatic Type
10.7.2. Manual Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Emergency Position Indicating Radio Beacons (EPIRB) Demand Share Forecast, 2019-2026
11. Europe Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Application
11.4.1. Marine
11.4.2. Aviation
11.4.3. Land
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Emergency Position Indicating Radio eacons (EPIRB) Market Size and Volume Forecast by Type
11.7.1. Automatic Type
11.7.2. Manual Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Emergency Position Indicating Radio Beacons (EPIRB) Demand Share, 2019-2026
12. Asia Pacific Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Application
12.4.1. Marine
12.4.2. Aviation
12.4.3. Land
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Type
12.7.1. Automatic Type
12.7.2. Manual Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Emergency Position Indicating Radio Beacons (EPIRB) Demand Share, 2019-2026
13. Middle East & Africa Emergency Position Indicating Radio Beacons (EPIRB) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Application
13.4.1. Marine
13.4.2. Aviation
13.4.3. Land
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Emergency Position Indicating Radio Beacons (EPIRB) Market Size and Volume Forecast by Type
13.7.1. Automatic Type
13.7.2. Manual Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Emergency Position Indicating Radio Beacons (EPIRB) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Emergency Position Indicating Radio Beacons (EPIRB) Market: Market Share Analysis
14.2. Emergency Position Indicating Radio Beacons (EPIRB) Distributors and Customers
14.3. Emergency Position Indicating Radio Beacons (EPIRB) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ACR Electronics,Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Orolia (McMurdo)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Omega
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nisshinbo Holdings Inc. (JRC)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jotron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AST Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Furuno
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GME
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. VIKING Life-Saving Equipment
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HR Smith
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kinetic Technology International
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pamarine
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook