The Global Aircraft Underwater Location Beacon Market holds the potential to reach USD XXX Mn. by 2027 from USD XXX Mn. in 2019 with a growth of 6.2% CAGR during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Aircraft Underwater Location Beacon Market

Aircraft underwater location beacon (ULB) is also known as Underwater Location Detector (ULD). An Aircraft underwater location beacon (ULB) is a device fixed on Flight Data Recorder (FDR), ULB is activated when it is submerged in water. After Activation, ULB sends ultrasonic pulses of frequency 37.5 kHz once per second for at least 30 days. When the aircraft unexpectedly crashes into the sea ULB assists in finding the location of the aircraft with the help of sonar. Aircraft underwater location beacon is used in military aircraft, commercial aircraft, and helicopters.

The report has covered, demand drivers by region, pricing by region, and profit margins of key players operating in this industry. A brief analysis of restraints and challenges in the market is also covered with examples by region. It also has covered the analysis of key player’s growth strategies, micro and macro analysis of markets, key developments, and key trends in the market.
Global Aircraft Underwater Location Beacon Market Dynamics

Increasing Air traffic is driving the aircraft underwater location beacon market.

Air traffic is expected to double during the forecast period thanks to the increasing air travel in countries like India, China, Japan, the US, and Russia. Increasing adoption of new-generation aircraft with advanced features is expected to accelerate the market. An Aircraft underwater location beacon is designed not only to survive accidents but also to function appropriately after the impact. According to the research conducted on 27 aircraft accidents by Bureau d'Enquêtes et d'Analyses (BEA) in 2011, it was concluded that ULB has a 90% survival rate.

The growing use of an aircraft underwater location beacon with a combined pressure sensor to detect the water pressure on crashed aircraft is anticipated to propel the market. These pressure sensors can also provide the depth of the water as the depth of water is directly proportional to the water pressure. Government regulations regarding the use of aircraft underwater location beacons are anticipated to boost the demand of the ULB market during the forecast period. For an instance, European Safety Regulation has extended the required transmission time of ULB from 30 days to 90 days. Enhancement of aircraft as per the new regulations is expected to drive the market during the forecast period.

Growing technological advancement in newly designed aircraft with ULB is expected to create new opportunities for the market

Growing advancement in aircraft and aviation safety technology is expected to generate new opportunities for the market. Increasing investment of public and private companies in the aviation industry is anticipated to create new prospects for the global aircraft underwater location beacon market during the forecast period. However, maintaining a good position in the market because of growing competition and advancing technology is the main challenge for ULB manufacturers.
Scope of the Global Aircraft Underwater Location Beacon Market: Inquire before buying

The market is divided into three main segments and further into sub-segments to forecast the market size by value.
Global Aircraft Underwater Location Beacon Market, by Aircraft type

• Commercial Aircraft
• Military Aircraft
• Helicopters

Global Aircraft Underwater Location Beacon Market

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The commercial aircraft segment is anticipated to hold the largest market share of XX% and growth of XX% CAGR by 2019-2027.

Aircraft underwater location beacon is mainly adopted in military and commercial aircraft because of the risk associated with unexpected crashing. Upgradation of outdated commercial aircraft as per the new regulations enforced by the government is expected to drive the demand of the market during the forecast period. The affordable fare of commercial aircraft is also expected to create a positive influence on the market. Growing investment in research and development in military aircraft is driving the global aircraft underwater location beacon market. Growth in import and export between countries across the world is anticipated to drive the aircraft underwater location beacon market during the forecast period.
Global Aircraft Underwater Location Beacon Market, by End-Use.

• Military Aviation
• Civil Aviation
• Merchant navy
• Marine Defense

Global Aircraft Underwater Location Beacon Market1

An increase in the civil aviation segment thanks to the growing globalization is expected to drive the market during the forecast period. In addition to this, growing urbanization in emerging countries is a supporting factor for civil aviation which further accelerates the market growth. Growing safety concerns regarding civil aviation and military aviation are expected to drive the aircraft underwater location beacon market. The growing tourism industry is also anticipated to create a positive influence on the aircraft underwater location beacon market. Increasing government spending on military aviation is expected to boost the market during the forecast period.
Global Aircraft Underwater Location Beacon Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America

Asia Pacific is expected to hold the largest share of XX%. in the Global Aircraft Underwater Location Beacon Market by 2027

The Asia Pacific is leading the market and expected to continue its dominance with the highest growth rate of XX% CAGR during the forecast period. An increase in aircraft procurement and development of the aviation industry in emerging countries are expected to drive the global aircraft location beacon market. Growth in import and export from the countries like China, India, and South Korea is also anticipated to fuel the market during the forecast period.

Growing Urbanization in the region is the supporting factor for the market. The growing adoption of advanced technology in the aviation industry is expected to boost the market during the forecast period. China and India are anticipated to be among the biggest aviation markets in the world.

North America is expected to register a significant growth of XX% CAGR during the forecast period, thanks to the growing air traffic and use of new generation advanced aircraft. Tourism growth is anticipated to create a positive influence on the market. The presence of key players in the region and the focus of government towards research and development in military technology is also expected to drive the market during the forecast period.

Global Aircraft Underwater Location Beacon Market2
Covid-19 Impact on the Global Aircraft Underwater Location Beacon Market:

• The coronavirus pandemic has placed tremendous pressure on businesses and sectors across the globe. Governments from all countries have introduced a lock-up to detect the transmission of infectious diseases. The contribution of these regulations has created a negative impact on the Aviation industry.

• The coronavirus adversely impacted the manufacturing and service sector. The interruption of export and import operations due to limitations on foreign flights would further restrict the market's development. The disruption caused by the lockdown would harm the market. Most of the industries are not functioning properly due to the influence of Covid-19 which has caused an adverse impact on the Global Aircraft Underwater Location Beacon Market.

The objective of the report is to present a comprehensive analysis of the Global Aircraft Underwater Location Beacon Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global Aircraft Underwater Location Beacon Market dynamics, structure by analyzing the market segments and projects the Global Aircraft Underwater Location Beacon Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Aircraft Underwater Location Beacon Market make the report investor’s guide.
Global Aircraft Underwater Location Beacon Market Key Players

• Dukane Seacom
• Novega GmbH
• L3 Technologies
• Radiant Power Corp.
• Ocean Innovations
• InterTrade
• Satair Group
• Benthowave Instrument
• Rockwell Collins Company
• RJE International
• Curtiss-Wright
Aircraft Underwater Location Beacon Market, by Aircraft type

• Commercial Aircraft
• Military Aircraft
• Helicopters
Aircraft Underwater Location Beacon Market, by End-Use

• Military Aviation
• Civil Aviation
• Merchant Navy
• Marine Defense
Global Aircraft Underwater Location Beacon Market, By Region

• Asia-Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key Players in Global Aircraft Underwater Location Beacon Market

• Dukane Seacom
• Novega GmbH
• L3 Technologies
• Radiant Power Corp.
• Ocean Innovations
• InterTrade
• Satair Group
• Benthowave Instrument
• Rockwell Collins Company
• RJE International
• Curtiss-Wright

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