Future Analysis For Emergency Beacon Transmitter Market Forecast By 2020 – 2027
Emergency Beacon Transmitter Market Scenario: The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Emergency Beacon Transmitter Market. The growth sectors of the Emergency Beacon Transmitter Market are identified with precision for a better growth perspective. Emergency Beacon Transmitter market is expected to grow from USD 145.37 million in 20120 to USD 227.20 million by 2027, at a compound annual growth rate (CAGR) of 7.73% during the forecast period. The growing need for a faster source of distress signal locator, the rise in aviation/maritime disasters, and government mandates to install emergency locator transmitters in aircraft and naval vessels are some of the factors driving the growth of emergency beacon transmitter market. Emergency beacon transmitters are tracking device that aid in detection and tracing of location requiring urgent assistance. In case of emergency situat...