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The Intelligent Evacuation System Market Size was valued at USD 15.58 billion in 2023 and is expected to grow to USD 39.42 billion by 2031 and grow at a CAGR of 12.3 % over the forecast period of 2024-2031.
An intelligent evacuation system combines automated software elements to keep track of a building's security and help with evacuation in the event of an emergency. The commercial, residential, and industrial sectors have all implemented these evacuation systems at various scales. In case of emergencies, they aid in crowd control and locating an escape route. A disaster monitoring and alarm system, a dynamic evacuation guidance system, an instruction set for an evacuation system, and an environmental monitoring system are examples of the several subsystems that make up an intelligent evacuation system placed in a building.
An intelligent evacuation system's architecture is made up of coordinators, a web network, indicators, and guidance agents. The intelligent evacuation system market is predicted to grow to a higher market size over the forecast period as a result of the rising usage of intelligent evacuation systems in various buildings.
Drivers
Increasing Use of New Technologies to Simplify Smart Evacuation Procedures and Accelerate Market Growth
Hardware and software elements are integrated during the construction of intelligent evacuation systems. To rapidly and safely evacuate people from residential, commercial, and industrial buildings, these systems must be installed. In addition to digitization, using cutting-edge technologies like artificial intelligence (AI), machine learning (ML), and virtual reality (VR) in the system play a crucial role in evacuation operations to detect smoke, fire, and poisonous chemicals in the building. Additionally, because of their simple functionality and responsive services, many residential and small commercial locations are installing smart evacuation systems.
Additionally, the increasing demand for cloud-based solutions is what is driving the global market. Additionally, the globalization of emergency evacuation protocols helps the market expand. Increased R&D efforts by major market participants across regions for a quick and safe evacuation process are another factor driving the market.
Restrains
A higher cost of installation and upkeep could limit market expansion.
An intelligent evacuation system is made up of several parts, such as LED alarms, temperature/humidity sensors, vibration sensors, and gas sensors. This system would be exceedingly pricey to buy if each of these parts were bought separately. The system also has substantial installation and maintenance costs. Additionally, it necessitates the storage of large quantities of secure data in data centers or server rooms, which may not be possible in small offices and apartment complexes. The expansion of the intelligent evacuation system market is therefore likely to be hampered by the constraints.
Opportunities
Smart cities are likely to expand, offering the lucrative potential for the market for Intelligent evacuation systems.
Challenges
lack of information and a qualified labour force, especially in emerging economies
Building owners' increasing demand for system upgrades and space reconfigurations in the wake of the pandemic has driven market expansion.
The pandemic has had a considerable influence on global economic activity and financial markets, as well as the movement of commodities, services, and people. However, the crisis has given us an opportunity to use cutting-edge analytics to improve decision-making.
Building owners and facilities managers deal with a difficult conflict and ensure that workers can get home safely. The International Facility Management Association (IFMA) and other relevant industry associations have produced guidelines and supporting legislation for building health evaluations, indoor environmental quality, and health and wellness standards. Despite severe working capital constraints, building owners and asset management evaluate requests for system upgrades and space reconfigurations to ensure occupant safety and social isolation.
Additionally, some businesses made investments in and adopted disruptive technologies like edge computing, AI, connected devices, and machine learning (ML). These businesses began to understand that, during the COVID-19 pandemic, these technologies had helped the industry recover from COVID-19's initial effects and would continue to support business automation in the future.
The current economic downturn has had a significant impact on the intelligent evacuation system market. As businesses and individuals tighten their belts, the demand for these systems has decreased. This has resulted in a decrease in sales and revenue for companies that specialize in this industry.
It is important to note that the impact of the recession on the intelligent evacuation system market is not all negative. As safety concerns continue to be a top priority for businesses and individuals, the need for these systems remains. In fact, some companies may even see an increase in demand as they offer cost-effective solutions to those who are looking to cut costs. To stay competitive in this market, companies must be innovative and adaptable. They must be able to offer solutions that meet the changing needs of their customers while also being cost-effective. Deep knowledge of the market and the capacity to foresee trends are necessary for this.
The intelligent evacuation system market, which provides advanced safety solutions for emergency situations, has been affected by the political and economic instability in the region. Despite these challenges, the intelligent evacuation system market has shown resilience and adaptability. Companies have been exploring new markets and diversifying their product offerings to mitigate the impact of the conflict. Furthermore, the increasing awareness of the importance of safety and security in public spaces has created new opportunities for growth in the market. the Russia-Ukraine war has had a significant impact on the intelligent evacuation system market, but the industry has shown resilience and adaptability in the face of these challenges. As the conflict continues, it will be important for companies in the market to remain agile and innovative to navigate the changing landscape.
During the forecast period, North America is anticipated to account for a larger revenue share. The demand for the product is continually on the rise due to the expanding need for intelligent evacuation systems from different business verticals in North America. Due to the massive increase in digital data from social media, the web, and sensors brought on by developing technologies that capture and process such data, the system is currently going through a revival phase in North America. The major firms from the U.S. and Canada saw great possibilities to expand customer reach and advance associated products and services. In the forecast period, these elements are anticipated to fuel market expansion.
Over the forecast period, the Asia–Pacific region is anticipated to grow at the highest rate among other developed regions. One of the main factors is that different regional governments actively encourage and support developing countries to adopt intelligent evacuation systems, such as the PAVA system, mass notification system, and emergency lighting, which benefits the expansion of the Asia Pacific market in every way. Furthermore, the number of construction projects is rising as a result of the rapid urbanization of developing nations like China, Japan, and South Korea. Australia, Hong Kong, Myanmar, Singapore, the Philippines, Taiwan, Thailand, and Vietnam are observing significant infrastructure spending.
Due to massive systemic investment, the Middle East and Africa are anticipated to experience consistent growth. Additionally, it is anticipated that developments in the building sector and interior design that incorporates emergency lighting aesthetics will promote market expansion in the Middle East and Africa.
In the regional analysis study of the regions of North America, Europe, Asia Pacific middle east, and Africa.
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Key Players:
The major worldwide key players in the Intelligent Evacuation System Market are Automated Logic, Robert Bosch S.A., Honeywell International Inc., HOCHIKI Corporation, Siemens, ABB, Johnson Controls International Plc, Legrand, Eaton, TOA Corporation, Norden Communication UK Ltd, Beckhoff Automation GmbH & Co. and others in a final report.
To improve the fire safety of commercial buildings, Bosch Building Technologies introduced "Avenar," the newest generation of fire alarm panels, in August 2020. The Internet of Things (IoT) provides the system with support. Scalability, integration, and processing power have been compromised in the Avenar panel 2000 and 8000 series.
FIREscape Nepto, the newest generation of emergency lighting systems, was introduced by Hochiki in March 2023. The R&D effort for this new system led to new features and benefits in terms of technology.
Report Attributes | Details |
Market Size in 2023 | US$ 15.58 Billion |
Market Size by 2031 | US$ 39.42 Billion |
CAGR | CAGR of 12.3% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Voice Evacuation System, Mass Notification System, and Emergency Lighting) • By Application (Commercial, Industrial, and Residential) |
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Automated Logic, Robert Bosch S.A., Honeywell International Inc., HOCHIKI Corporation, Siemens, ABB, Johnson Controls International Plc, Legrand, Eaton, TOA Corporation, Norden Communication UK Ltd, Beckhoff Automation GmbH & Co. and others in a final report. |
Key Drivers | • Increasing Use of New Technologies to Simplify Smart Evacuation Procedures and Accelerate Market Growth |
Market Opportunities | • Smart cities are likely to expand, offering the lucrative potential for the market for Intelligent evacuation systems. |
Ans: The market is expected to grow to USD 39.42 billion by the forecast period of 2031.
Ans. The CAGR of the Intelligent Evacuation System Market for the forecast period 2024-2031 is 12.3 %.
Ans. The major worldwide key players in the Intelligent Evacuation System Market are Automated Logic, Robert Bosch S.A., Honeywell International Inc., HOCHIKI Corporation, Siemens, ABB, Johnson Controls International Plc, Legrand, Eaton, TOA Corporation, Norden Communication UK Ltd, Beckhoff Automation GmbH & Co. and others in final report.
Ans: USD15.58 billion in 2023 is the market share of the Intelligent Evacuation System Market.
Ans. The forecast period for the Intelligent Evacuation System Market is 2024-2031.
Table of Contents
1.Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Russia-Ukraine War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Intelligent Evacuation System Market Segmentation, by Type
8.1 Voice Evacuation System
8.2 Mass Notification System
8.3 Emergency Lighting
9.Intelligent Evacuation System Market Segmentation, by Application
9.1 Commercial
9.2 Industrial
9.3 Residential
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Intelligent Evacuation System Market by Country
10.2.2North America Intelligent Evacuation System Market by Type
10.2.3 North America Intelligent Evacuation System Market by Application
10.2.4 USA
10.2.4.1 USA Intelligent Evacuation System Market by Type
10.2.4.2 USA Intelligent Evacuation System Market by Application
10.2.5 Canada
10.2.5.1 Canada Intelligent Evacuation System Market by Type
10.2.5.2 Canada Intelligent Evacuation System Market by Application
10.2.6 Mexico
10.2.6.1 Mexico Intelligent Evacuation System Market by Type
10.2.6.2 Mexico Intelligent Evacuation System Market by Application
10.3 Europe
10.3.1 Europe Intelligent Evacuation System Market by Country
10.3.2 Europe Intelligent Evacuation System Market by Type
10.3.3 Europe Intelligent Evacuation System Market by Application
10.3.4 Germany
10.3.4.1 Germany Intelligent Evacuation System Market by Type
10.3.4.2 Germany Intelligent Evacuation System Market by Application
10.3.5 UK
10.3.5.1 UK Intelligent Evacuation System Market by Type
10.3.5.2 UK Intelligent Evacuation System Market by Application
10.3.6 France
10.3.6.1 France Intelligent Evacuation System Market by Type
10.3.6.2 France Intelligent Evacuation System Market by Application
10.3.7 Italy
10.3.7.1 Italy Intelligent Evacuation System Market by Type
10.3.7.2 Italy Intelligent Evacuation System Market by Application
10.3.8 Spain
10.3.8.1 Spain Intelligent Evacuation System Market by Type
10.3.8.2 Spain Intelligent Evacuation System Market by Application
10.3.9 The Netherlands
10.3.9.1 Netherlands Intelligent Evacuation System Market by Type
10.3.9.2 Netherlands Intelligent Evacuation System Market by Application
10.3.10 Rest of Europe
10.3.10.1 Rest of Europe Intelligent Evacuation System Market by Type
10.3.10.2 Rest of Europe Intelligent Evacuation System Market by Application
10.4 Asia-Pacific
10.4.1 Asia Pacific Intelligent Evacuation System Market by Country
10.4.2 Asia Pacific Intelligent Evacuation System Market by Type
10.4.3 Asia Pacific Intelligent Evacuation System Market by Application
10.4.4 japan
10.4.4.1 Japan Intelligent Evacuation System Market by Type
10.4.4.2 Japan Intelligent Evacuation System Market by Application
10.4.5 South Korea
10.4.5.1 South Korea Intelligent Evacuation System Market by Type
10.4.5.2 South Korea Intelligent Evacuation System Market by Application
10.4.6 China
10.4.6.1 China Intelligent Evacuation System Market by Type
10.4.6.2 China Intelligent Evacuation System Market by Application
10.4.7 India
10.4.7.1 India Intelligent Evacuation System Market by Type
10.4.7.2 India Intelligent Evacuation System Market by Application
10.4.8 Australia
10.4.8.1 Australia Intelligent Evacuation System Market by Type
10.4.8.2 Australia Intelligent Evacuation System Market by Application
10.4.9 Rest of Asia-Pacific
10.4.9.1 APAC Intelligent Evacuation System Market by Type
10.4.9.2 APAC Intelligent Evacuation System Market by Application
10.5 The Middle East & Africa
10.5.1 The Middle East & Africa Intelligent Evacuation System Market by Country
10.5.2 The Middle East & Africa Intelligent Evacuation System Market by Type
10.5.3 The Middle East & Africa Intelligent Evacuation System Market by Application
10.5.4 Israel
10.5.4.1 Israel Intelligent Evacuation System Market by Type
10.5.4.2 Israel Intelligent Evacuation System Market by Application
10.5.5 UAE
10.5.5.1 UAE Intelligent Evacuation System Market by Type
10.5.5.2 UAE Intelligent Evacuation System Market by Application
10.5.6 South Africa
10.5.6.1 South Africa Intelligent Evacuation System Market by Type
10.5.6.2 South Africa Intelligent Evacuation System Market by Application
10.5.7 Rest of Middle East & Africa
10.5.7.1 Rest of Middle East & Asia Intelligent Evacuation System Market by Type
10.5.7.2 Rest of Middle East & Asia Intelligent Evacuation System Market by Application
10.6 Latin America
10.6.1 Latin America Intelligent Evacuation System Market by Country
10.6.2 Latin America Intelligent Evacuation System Market by Type
10.6.3 Latin America Intelligent Evacuation System Market by Application
10.6.4 Brazil
10.6.4.1 Brazil Intelligent Evacuation System Market by Type
10.6.4.2 Brazil Africa Intelligent Evacuation System Market by Application
10.6.5 Argentina
10.6.5.1 Argentina Intelligent Evacuation System Market by Type
10.6.5.2 Argentina Intelligent Evacuation System Market by Application
10.6.6 Rest of Latin America
10.6.6.1 Rest of Latin America Intelligent Evacuation System Market by Type
10.6.6.2 Rest of Latin America Intelligent Evacuation System Market by Application
11. Company Profile
11.1 Automated Logic
11.1.1 Market Overview
11.1.2 Financials
11.1.3 Product/Services/Offerings
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 Robert Bosch S.A.
11.2.1 Market Overview
11.2.2 Financials
11.2.3 Product/Services/Offerings
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Honeywell International Inc
11.3.1 Market Overview
11.3.2 Financials
11.3.3 Product/Services/Offerings
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 HOCHIKI Corporation.
11.4.1 Market Overview
11.4.2 Financials
11.4.3 Product/Services/Offerings
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 Siemens
11.5.1 Market Overview
11.5.2 Financials
11.5.3 Product/Services/Offerings
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 ABB
11.6.1 Market Overview
11.6.2 Financials
11.6.3 Product/Services/Offerings
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Johnson Controls International Plc
11.7.1 Market Overview
11.7.2 Financials
11.7.3 Product/Services/Offerings
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Legrand
11.8.1 Market Overview
11.8.2 Financials
11.8.3 Product/Services/Offerings
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Eaton
11.9.1 Market Overview
11.9.2 Financials
11.9.3 Product/Services/Offerings
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Norden Communication UK Ltd.
11.10.1 Market Overview
11.10.2 Financials
11.10.3 Product/Services/Offerings
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
13. USE Cases and Best Practices
14. Conclusion
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By Type:
Voice Evacuation System
Mass Notification System
Emergency Lighting
By Application:
Commercial
Industrial
Residential
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
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Available Customization
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Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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The Intelligent Evacuation System Market size was USD 15.58 billion in 2023 & will reach USD 39.42 billion by 2031 & grow at a CAGR of 12.3% by 2024-2031.
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