Market Overview:
The global distress radio beacons market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for personal locator beacons (PLBs) and emergency position indicating radio beacons (EPIRBs) from outdoor enthusiasts, maritime users, and aircraft operators. Additionally, the increasing demand for military-grade emergency locator transmitters (ELTs) is also contributing to the growth of this market. However, factors such as high replacement costs and lack of awareness about these devices are restraining the growth of this market.
Product Definition:
A Distress Radio Beacon is a device used to send out an emergency signal from a remote or isolated location. They are typically used by hikers, climbers, and boaters who find themselves in trouble and need help. The beacons can communicate with search-and-rescue teams in order to guide them to the user's location.
Personal Locator Beacon:
Personal locator beacons are small sized devices that can send a distress signal and location information via satellite. They serve the purpose of locating people in emergencies as well as during routine operations such as hiking, trekking, mountain climbing, and so on. These devices have applications in various end-user industries such as military & defense sector, search & rescue operation along with the commercial industry including oil & gas exploration activities.
Emergency Position Indicating Radio Beacon:
Emergency position indicating radio beacons or EPIRBs are distress radiobeacons used to indicate the location of a person in emergency situations. They can either be activated manually, automatically by an event, or they can serve as a backup to satellite-based EPIRBs. The primary function of these devices is to provide location information in case the user’s normal communication channels fail and he needs to attract attention for his safety.
Application Insights:
The outdoor application segment accounted for the largest share of more than 60.0% in 2017 and is anticipated to witness significant growth over the forecast period. The increasing use of beacons in outdoor activities such as hiking, biking, hunting and camping is expected to drive the demand for distress radio beacons over the forecast period.
The aircraft application segment accounted for a significant market share in 2017 owing to increased air traffic across various regions including Asia Pacific, North America and Europe. Increased air passenger traffic has resulted in an increased number of aircraft crashes which has subsequently led to an increase in beacon sales across aviation sector globally. For instance; according to Aviation Safety Network statistics published on 18 March 2018, around 40-50 planes crash every year worldwide killing well over 1000 people whereas accordingto Plane Stupid statistics published on 2 April 2018 around 50-60 planes crash every year worldwide killing well over 300 people annually).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing instances of natural calamities and emergencies. For instance, as per a recent study by the National Centers for Environmental Information (NCEI), U.S., from 2012 to 2016, an average of about 6,335 wildfires were burning every year in U.S.
Growth Factors:
- Increasing demand for distress radio beacons from the maritime sector as a result of increasing trade and maritime activities.
- Growing popularity of Personal Locator Beacons (PLBs) among recreational users, which is expected to boost the demand for distress radio beacons over the forecast period.
- Proliferation of digital technologies and advancements in satellite communication systems are expected to fuel the growth of Distress Radio Beacons market over the forecast period.
- Rising awareness about safety and security among consumers is anticipated to propel the growth of Distress Radio Beacons market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Distress Radio Beacons Market Research Report
By Type
Personal Locator Beacon, Emergency Position Indicating Radio Beacon, Emergency Locator Transmitter
By Application
Outdoor, Maritime, Aircraft, Military
By Companies
ACR, GME, Jotron, Kannad Marine, Kinetic Technology International, McMurdo Group, Ocean Signal, Simrad, Salcom, JRC, ACR
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Distress Radio Beacons Market Report Segments:
The global Distress Radio Beacons market is segmented on the basis of:
Types
Personal Locator Beacon, Emergency Position Indicating Radio Beacon, Emergency Locator Transmitter
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
Outdoor, Maritime, Aircraft, Military
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
- GME
- Jotron
- Kannad Marine
- Kinetic Technology International
- McMurdo Group
- Ocean Signal
- Simrad
- Salcom
- JRC
- ACR
Highlights of The Distress Radio Beacons 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:
- Personal Locator Beacon
- Emergency Position Indicating Radio Beacon
- Emergency Locator Transmitter
- By Application:
- Outdoor
- Maritime
- Aircraft
- Military
- 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 Distress Radio Beacons 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.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
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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?
Distress Radio Beacons are a type of emergency beacon that can be used to send out a signal that can be detected by search and rescue teams. When activated, the beacon will send out a signal that can be heard up to 10 miles away.
Some of the major companies in the distress radio beacons market are ACR, GME, Jotron, Kannad Marine, Kinetic Technology International, McMurdo Group, Ocean Signal, Simrad, Salcom, JRC, ACR.
The distress radio beacons market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Distress Radio Beacons Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Distress Radio Beacons Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Distress Radio Beacons Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Distress Radio Beacons Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Distress Radio Beacons Market Size & Forecast, 2020-2028
4.5.1 Distress Radio Beacons Market Size and Y-o-Y Growth
4.5.2 Distress Radio Beacons Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Personal Locator Beacon
5.2.2 Emergency Position Indicating Radio Beacon
5.2.3 Emergency Locator Transmitter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Outdoor
6.2.2 Maritime
6.2.3 Aircraft
6.2.4 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Distress Radio Beacons Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Distress Radio Beacons Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Personal Locator Beacon
9.6.2 Emergency Position Indicating Radio Beacon
9.6.3 Emergency Locator Transmitter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Outdoor
9.10.2 Maritime
9.10.3 Aircraft
9.10.4 Military
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Personal Locator Beacon
10.6.2 Emergency Position Indicating Radio Beacon
10.6.3 Emergency Locator Transmitter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Outdoor
10.10.2 Maritime
10.10.3 Aircraft
10.10.4 Military
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Personal Locator Beacon
11.6.2 Emergency Position Indicating Radio Beacon
11.6.3 Emergency Locator Transmitter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Outdoor
11.10.2 Maritime
11.10.3 Aircraft
11.10.4 Military
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Personal Locator Beacon
12.6.2 Emergency Position Indicating Radio Beacon
12.6.3 Emergency Locator Transmitter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Outdoor
12.10.2 Maritime
12.10.3 Aircraft
12.10.4 Military
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Personal Locator Beacon
13.6.2 Emergency Position Indicating Radio Beacon
13.6.3 Emergency Locator Transmitter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Outdoor
13.10.2 Maritime
13.10.3 Aircraft
13.10.4 Military
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Distress Radio Beacons Market: Competitive Dashboard
14.2 Global Distress Radio Beacons Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACR
14.3.2 GME
14.3.3 Jotron
14.3.4 Kannad Marine
14.3.5 Kinetic Technology International
14.3.6 McMurdo Group
14.3.7 Ocean Signal
14.3.8 Simrad
14.3.9 Salcom
14.3.10 JRC
14.3.11 ACR
