Aircraft Emergency Locator Market is segmented by Type (With INtegral GPS, Portable and Embedded), by Application (Airplane, Helicopter and others) and by Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)
Market Definition / Research Scope
The Aircraft Emergency Locator is a device that communicates particular signals on assigned frequencies. The common types of Emergency Locators are first, automatic fixed ELT, a naturally actuated ELT that is for all time connected to an airplane. Second, automatic compact ELT, a consequently actuated ELT that is inflexibly attached, however promptly removable. Third, automatic deployable ELT, which is inflexibly appended but conveyed and enacted. Fourth, survival ELT, which is removable and prepared to use in a crisis and physically initiated by survivors. These Emergency Locators are a fundamental part of the aircrafts system for search and rescue (SAR) operation.
Aircraft Emergency Locator Market shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.
Aircraft Emergency Locator Market Growth and Trends
The aircraft emergency locator market grew primarily as a result of different regulations enacted around the globe. In some aviation and transportation practices, countries like France, the United States, and the United Kingdom made the installation of the aircraft emergency locator mandatory. Since 2009, 406 MHz has been the worldwide accepted frequency for aircraft emergency locators. In the early years, virtually all countries chose this frequency, but a large proportion of the developing world and countries with low aircraft emergency locator penetration still lack these concepts. Mexico was the last country to switch to 406 MHz in December 2018.
Around the world, ELTs are seen as having the most significant impact during rescue operations. In the past, it would take hours for an incident to be reported. Rescue operators would have to manually search the suspected area, taking away from the time they could spend with the victims. There are now multiple regulatory authorities in several countries requiring aircraft flying in their airspace to be equipped with ELTs as a safety measure. Lightweight aircraft, passenger aircraft, and defense aircraft use these sensors, and they make up a large part of the worlds active air fleet.
The emergency locator systems pose significant challenges, such as the inadvertent activation of ELTs, which wastes resources and draws attention away from real emergencies. Additionally, a high false alarm rate may desensitize response teams, as they may believe that the event is not real. Activation of an ELT triggers a response from emergency response teams, but only a small fraction of them are real emergencies. Market impact is expected in such instances.
Aircraft Emergency Locator Industry Segmentation
In the ELT market, 121.5 MHz ELTs have been replaced by 406 MHz ELTs. The Federal Communications Commission (FCC) in April 2011 held up the adoption of a proposal requiring that 121.5 MHz emergency locator transmitters be replaced with 406 MHz ELTs. The FCC extended its original order regarding ELTs indefinitely in a final rule it published March 29. As a result of these regulations, 406 MHz ELTs are preferred over 121.5 MHz ELTs.
Because 406 MHz has a high efficiency, vendors in this market also focus on 406MHz ELTs so that searchers can respond more quickly if an alert is issued. The 406 MHz ELT offers another significant benefit in addition to transmitting digitally encoded information about the aircraft and its owner. Astonics Corporation developed an upgraded version of the emergency locator transmitter (SRB 406G-S type ELT) for aircraft life rafts in 2019. It may be used for satellite-based search and rescue operations.
Aircraft Emergency Locator Industry Regional Analysis
With regulatory policies of countries in place and rising demands of ELT equipped military aircraft have proven to tool along with the aircraft emergency locator market worldwide. North America accounts for holding the lofty share in the market with emerging innovations in the domain to make emergency locator more compact and highly reliable with prominent manufacturers slogging in. Europe is estimated to sweep the next highest chunk of shares in the market owing to the introduction of emergency locators that trigger an immediate response from the emergency response teams. The Asia Pacific is expected to grow its market principally attributed to rising demands of advanced emergency locators for military aircraft operations.
Around 780 towers are available in the United States alone for conducting aviation-based operations. More than 80% of all the 609,000 pilots in the United States who hold general aviation certificates fly general aviation aircraft, which accounts for 90% of the 220,000 aircraft registered in this region. With the fastest-growing segment, emergency location transmitters have increased in demand. Approximately 213,050 functional aircraft are present in this region, according to the FAAs report published in 2019.
More than 7.5 million trips occur here each year, making it the region with the most flights. As a result, FAA has mandated the installation of ELTs on all aircraft using U.S. airspace or registered there. The regulation was first implemented in 1976 and revised in 2009. Due to the growing disposable incomes and broader application of general aviation in transport, agriculture, survey, and recreational activities, this segment is expected to witness an increased demand for ELTs.
As this region saw 330 general aviation accidents in 2017 alone, ELTs have played a significant role in rescue missions lately. Without ELTs, these flights cannot be tracked since they do not follow the asset route. As well as exporting fighter jets to China and Japan, the United States also exports defense aircraft to South Korea, Australia, and Pakistan. Shipments of Apache helicopters started in August 2019, and Chinook helicopters will also be delivered to India.
Aircraft Emergency Locator Market Share and Competition
Key companies operating in this industry are: Artex, ASTRONICS CORPORATION, ELTA, Gables Engineering,HR Smith Group and MC MURDO GROUP. Aircraft ELTs enable great safety features since they are just a minimal component. Since this technology offers a variety of benefits, continuous innovations are being made to make ELTs more compact and highly reliable. Orolia, for example, continues to develop new products for the market. During the June 2019 Paris Air Show, two new next-generation ELTs were unveiled. Similarly, ELTs have greatly benefited the maritime industry. Applications making use of ELTs include offshore oil rigs, cargo vessels, fishing vessels, and other special-purpose recreation boats
Orolia announced the release of its Kannad Ultima-S ELT in 2019. With its Return Link Service, these ELTs can alert the crew of a commercial aircraft if a search and rescue operation is underway. This product can also transmit 406MHz during an emergency. Further, Survival ELTs have also been provided to SpiceJet in India. In an emergency, its survival ELTs can send distress signals at frequencies of 406, 243, and 121.5 MHz.
Aircraft Emergency Locator Market Research Report Analysis Highlights
● Historical data available (as per request)
● Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
● Data breakdown for every market segment (2022 – 2031)
● Gross margin and profitability analysis of companies
● Price analysis of each product type
● Business trend and expansion analysis
● Import and export analysis
● Competition analysis/market share
● Supply chain analysis
● Client list and case studies
● Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2022 - 2032)
● With Integrated GPS
Application Analysis (Revenue, USD Million, 2022 - 2032)
Region Analysis (Revenue, USD Million, 2022 - 2032)
● United States
● United Kingdom
● South Korea
● Middle East
● Rest of World
Aircraft Emergency Locator Industry Companies
● ASTRONICS CORPORATION
● Gables Engineering
● HR Smith Group
● MC MURDO GROUP
Available Versions: -
United States Aircraft Emergency Locator Market Research Report
Europe Aircraft Emergency Locator Market Research Report
Asia Pacific Aircraft Emergency Locator Market Research Report
India Aircraft Emergency Locator Market Research Report
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