Global Intelligent Evacuation System Market Overview 2023-2028
The global intelligent evacuation system market size reached US$ 719 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,002 Million by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
Intelligent evacuation system is designed to enhance safety and security in various environments, particularly in commercial and industrial settings. It employs a combination of sensors, communication devices, and intelligent algorithms to monitor and manage evacuations effectively. It relies on real-time data to facilitate the safe and orderly evacuation of occupants from buildings and premises during the event of emergencies, such as fires, gas leaks, or other hazards. It assists in providing clear and dynamic guidance, optimizing escape routes, and coordinating emergency responses. As it helps in ensuring the safety of occupants and minimizing property damage and operational disruptions during crises, the demand for intelligent evacuation systems is increasing across the globe.
Global Intelligent Evacuation System Market Trends and Drivers:
At present, the rising focus on workforce safety and emergency management represents one of the primary factors supporting the growth of the market. Besides this, the increasing need to minimize the chances of causalities is providing lucrative growth opportunities to industry investors. Additionally, the growing demand for automated building solutions is positively influencing the market. Apart from this, governing agencies of several countries are implementing stringent regulatory compliance related to safety standards, which is bolstering the growth of the market. Furthermore, the integration of smart building technologies around the world due to rapid digitalization is strengthening the growth of the market.
Global Intelligent Evacuation System Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: ABB Ltd, Automated Logic Corporation (Carrier Global Corporation), Beckhoff Automation GmbH & Co. KG, Eaton Corp. Plc, Hochiki Corporation, Honeywell International Inc., Johnson Controls International Plc, Legrand, Robert Bosch GmbH and Siemens AG.
The report segmented the market on the basis of region deployment and end users.
Breakup by Deployment:
- Voice Evacuation System
- Mass Notification System
- Emergency Lighting
Breakup by End Users:
- Commercial
- Industrial
- Residential
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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