Global Marine Emergency Position Indicating Radio Beacon Market Growth 2023-2029

Global Marine Emergency Position Indicating Radio Beacon Market Growth 2023-2029

The global Marine Emergency Position Indicating Radio Beacon market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Marine Emergency Position Indicating Radio Beacon is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Marine Emergency Position Indicating Radio Beacon is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Marine Emergency Position Indicating Radio Beacon is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Marine Emergency Position Indicating Radio Beacon players cover Ocean Signal, ACR Electronics, McMurdo (Orolia), Garmin, GME, Omega Integration, Jotron, Furuno and VIKING Life, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

A marine emergency position-indicating radiobeacon is a type of emergency locator beacon for commercial and recreational boats, a portable, battery-powered radio transmitter used in emergencies to locate boaters in distress and in need of immediate rescue. The feature distinguishing a modern EPIRB, often called GPIRB, from other types of emergency beacon is that it contains a GPS receiver and broadcasts its position, usually accurate within 100 m (330 ft), to facilitate location.

LPI (LP Information)' newest research report, the “Marine Emergency Position Indicating Radio Beacon Industry Forecast” looks at past sales and reviews total world Marine Emergency Position Indicating Radio Beacon sales in 2022, providing a comprehensive analysis by region and market sector of projected Marine Emergency Position Indicating Radio Beacon sales for 2023 through 2029. With Marine Emergency Position Indicating Radio Beacon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marine Emergency Position Indicating Radio Beacon industry.

This Insight Report provides a comprehensive analysis of the global Marine Emergency Position Indicating Radio Beacon landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marine Emergency Position Indicating Radio Beacon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marine Emergency Position Indicating Radio Beacon market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marine Emergency Position Indicating Radio Beacon and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marine Emergency Position Indicating Radio Beacon.

This report presents a comprehensive overview, market shares, and growth opportunities of Marine Emergency Position Indicating Radio Beacon market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
With AIS
Without AIS

Segmentation by application
Commercial Boat
Recreational Boat

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ocean Signal
ACR Electronics
McMurdo (Orolia)
Garmin
GME
Omega Integration
Jotron
Furuno
VIKING Life
HR Smith

Key Questions Addressed in this Report

What is the 10-year outlook for the global Marine Emergency Position Indicating Radio Beacon market?

What factors are driving Marine Emergency Position Indicating Radio Beacon market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Marine Emergency Position Indicating Radio Beacon market opportunities vary by end market size?

How does Marine Emergency Position Indicating Radio Beacon break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.