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Report Scope & Overview:

Intelligent Evacuation System Market size was valued at USD 13.16 billion in 2022 and is expected to grow to USD 33.76 billion by 2030 and grow at a CAGR of 12.5 % over the forecast period of 2023-2030.

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.

Intelligent Evacuation System Market Revenue Analysis

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Market Dynamics

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

Impact Of covid-19

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.

Impact of recession

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.

Impact of Russia Ukraine War

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.

Key Market Segmentation

The Intelligent Evacuation System Market is segmented into two types on the basis of by type, and by Application.

By Type:

  • Voice Evacuation System

  • Mass Notification System

  • Emergency Lighting

By Application:

  • Commercial

  • Industrial

  • Residential

Intelligent Evacuation System Market Segmentation Analysis

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Regional Analysis

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.

REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The Netherlands

  • Rest of Europe

Asia-Pacific

  • Japan

  • South Korea

  • China

  • India

  • Australia

  • Rest of Asia-Pacific

The Middle East & Africa

  • Israel

  • UAE

  • South Africa

  • Rest of the Middle East & Africa

Latin America

  • Brazil

  • Argentina

  • Rest of Latin America

Recent development

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.

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.

Intelligent Evacuation System Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 13.16 Bn
Market Size by 2030  US$ 33.76 Bn
CAGR   CAGR of 12.5 % From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2020-2021
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 (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, 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.

 

Frequently Asked Questions

Ans: The market is expected to grow to USD 33.76 billion by the forecast period of 2030.

Ans. The CAGR of the Intelligent Evacuation System Market for the forecast period 2023-2030 is 12.5 %.

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: USD 13.16 billion in 2022 is the market share of the Intelligent Evacuation System Market.

Ans. The forecast period for the Intelligent Evacuation System Market is 2023-2030.

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

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

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Data Bank Validation

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