About Emergency Location Transmitter
ELTs (emergency locator transmitters) are pieces of equipment that broadcast different signals on specified frequencies and can be triggered automatically or manually depending on the purpose. The international satellite system for search and rescue (SAR), COSPAS-SARSAT, necessitates a well-designed ELT. When activated manually or automatically by soaking or strong "g" loads on impact, ELTs broadcast a distress signal that can be detected by non-geostationary satellites and then located precisely using either or both GPS trilateration and doppler triangulation. The Emergency Location Transmitter market can unlock its full potential and significantly contribute to improving safety and response times in emergency situations across diverse sectors and regions.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The demand for Emergency Location transmitters is Increasing due to the rising traffic of commercial aircraft with each passing day. Businesses in this sector encounter Stiff competition on a global scale from market leaders who control a large share of the market. The Leading Players are engaged in organic and non-organic strategic global expansion to maintain their Market Position. Analyst at AMA Research estimates that United Kingdom Manufacturers will contribute the maximum growth to Global Emergency Location Transmitter market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Orolia (France), Heico (United States), Honeywell (United States), Artex (United Kingdom), HR Smith Group of Companies (United Kingdom), Emergency Beacon Corporation (United States), Caledonian Airborne Systems Ltd (United Kingdom), Thales Group (France), Eca Group (France) and Astronics Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Life Support International (United States), Emergency Lifesaving Technologies (United States) and Gables Engineering (United States).
Segmentation Overview
AMA Research has segmented the market of Global Emergency Location Transmitter market by Type (Automatic Fixed, Automatic Portable, Survival, Automatic Deployable and Distress Triggered), Application (Aircraft, Helicopters, Ships, Sub-Marine and Others) and Region.
On the basis of geography, the market of Emergency Location Transmitter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. Commercial will boost the Emergency Location Transmitter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Frequency, the sub-segment i.e. 121.5 MHz will boost the Emergency Location Transmitter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Development of 406MHz Frequency in ELT
Market Growth Drivers:
Increase in Incidence of Accidents of Commercial Aircraft and The Rise in Search and Rescue Operation in Aviation
Challenges:
Accidental ELT Activation is a Serious Challenge and High False Alarm Rates Could Affect Rescue Teams
Restraints:
Fault in ELT Batteries may Cause Fire and During an Impact, the Antenna ay be Damaged
Opportunities:
Growing Traffic of Commercial Aircraft and Increasing Demand for ELT System from Governments across the Globe
Market Leaders and their expansionary development strategies
In August 2023, Global Maritime Distress and Safety System (GMDSS) authorities partner with ELT companies to explore the integration of ELTs with maritime distress response systems for seamless emergency response across land and sea.
In October 2023, Cospas-Sarsat, the international satellite system for ELT distress signals, announces the launch of the MEOSAR (Medium Earth Orbit Search and Rescue) service, promising even more precise location pinpointing for ELT activations.
Key Target Audience
Venture and Capitalist, New Entrants/Investors, Analysts and Strategic Business Partners, Government Organization and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.