Report ID: SQMIG45A2299
Report ID:
SQMIG45A2299 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
120 |
Figures:
74
Emergency Beacon Transmitter Market size was valued at USD 222.27 Million in 2023 and is poised to grow from USD 235.83 Million in 2024 to USD 378.72 Million by 2032, growing at a CAGR of 6.10% during the forecast period (2025-2032).
The rise in demand for emergency beacon transmitter can be attributed to stringent government regulations implemented to improve safety in aviation. Increasing need to ensure customer safety can also fuel market growth. The increasing number of marine aircraft accidents also increases the demand for emergency lighting. The ability to provide a quick location and save lives in the event of a remote accident has gained renewed adoption, thus, helping the market growth.
Rapid technological advances are the main reason for the massive expansion of emergency lighting. The use of emergency beacon transmitter has gained popularity due to technological advances, digitization in downstream applications The growing need for effective portable security devices has led many device manufacturers to focus on handheld transmitters as they are made with a lightweight system. By integrating with the resource, the industry provided highly accurate security management strategies, further enhancing its expansion. Advanced technologies, such as the Internet of Things (IoT) added to the product helped provide real-time safety monitoring, thereby improving safety and security standards. It has also helped meet the high demand in highly sensitive situations and this has driven the global emergency beacon transmitter market.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG45A2299