Emergency Beacon Transmitter Market – Forecast 2020-2025

Emergency Beacon Transmitter Market is forecast to reach $780 Million by 2025, growing at a CAGR of 4.2% during the forecast period from 2020 to 2025. Rising technological growth along with increasing demands from aviation sector are some of the major factors fuelling the growth of emergency beacon transmitter market. Stringent governmental regulations towards improving airplane safety standards have been also creating high demands in the emergency beacon transmitter market. Rising maritime and aviation accidents has been also causing a positive impact on the high adoptability of emergency beacon transmitters.