A personal locator radio beacon is a radio beacon, a portable battery powered radio transmitter, used to locate airplanes, vessels, and persons in distress and in need of immediate rescue. Various types of emergency locator beacons are carried by aircraft, ships, vehicles, hikers and cross-country skiers. In case of an emergency, such as the aircraft crashing, the ship sinking, or a hiker becoming lost, the transmitter is deployed and begins to transmit a continuous radio signal, which is used by search and rescue teams to quickly find the emergency and render aid.
Personal Locator Radio Beacon report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Personal Locator Radio Beacon market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Demand from Land Used and Marine Used are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Personal Locator Radio Beacon industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2029.
Globally, Personal Locator Radio Beacon key manufacturers include Ocean Signal, ACR Electronics, McMurdo (Orolia), Garmin, GME, Omega Integration, Jotron, Furuno and VIKING Life, etc. Ocean Signal, ACR Electronics, McMurdo (Orolia) are top 3 players and held % sales share in total in 2022.
Global Personal Locator Radio Beacon Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.
QYResearch announces the release of the report “Global Personal Locator Radio Beacon Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Personal Locator Radio Beacon market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
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The report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report’s analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market’s dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Some of the Key Questions Answered in this Report:
- What is the Personal Locator Radio Beaconmarket size at the regional and country-level
- What are the key drivers, restraints, opportunities, and challenges of the Personal Locator Radio Beaconmarket, and how they are expected to impact the market
- What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Personal Locator Radio Beacon
- Who are the global key manufacturers of the Personal Locator Radio BeaconIndustry,How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
- What are the Personal Locator Radio Beaconmarket opportunities and threats faced by the vendors in the global Personal Locator Radio Beacon Industry
- Which application/end-user or product type may seek incremental growth prospects,What is the market share of each type and application
- What focused approach and constraints are holding the Personal Locator Radio Beaconmarket
- What are the different sales, marketing, and distribution channels in the global industry
- What are the upstream raw materials and of Personal Locator Radio Beaconalong with the manufacturing process of Personal Locator Radio Beacon
- What are the key market trends impacting the growth of the Personal Locator Radio Beaconmarket
- Economic impact on the Personal Locator Radio Beaconindustry and development trend of the Personal Locator Radio Beacon industry
- What are the Personal Locator Radio Beaconmarket opportunities, market risk, and market overview of the Personal Locator Radio Beacon market
The Personal Locator Radio Beacon market is segmented as below:
Market segment by Type
406MHz Locator Beacons
121.5MHz Locator Beacons
Market segment by Application
Land Used
Marine Used
Aviation Used
Major players covered
Ocean Signal
ACR Electronics
McMurdo (Orolia)
Garmin
GME
Omega Integration
Jotron
Furuno
VIKING Life
HR Smith
Each chapter of the report provides detailed information for readers to understand the Personal Locator Radio Beacon market further:
Chapter 1: Personal Locator Radio Beacon Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Personal Locator Radio Beacon Market Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Personal Locator Radio Beacon, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Personal Locator Radio Beacon industry.
Chapter 3: Personal Locator Radio Beacon Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Personal Locator Radio Beacon in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Personal Locator Radio Beacon Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Personal Locator Radio Beacon Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Personal Locator Radio Beacon Market Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Personal Locator Radio Beacon introduction, etc. Personal Locator Radio Beacon Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Personal Locator Radio Beacon market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
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