Intelligent Evacuation System Market
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PUBLISHED: 2022 ID: SMRC22167
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Intelligent Evacuation System Market Forecasts to 2028 - Global Analysis By Type (Voice Evacuation System, Mass Notification System and Other Types), End User (Industrial, Commercial and Other End Users) and By Geography

4.5 (54 reviews)
4.5 (54 reviews)
Published: 2022 ID: SMRC22167

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2022)

US $0.74 BN

Projected Year Value (2028)

US $1.20 BN

CAGR (2022 - 2028)

8.4%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

Asia Pacific

Highest Growing Market

Europe

According to Stratistics MRC, the Global Intelligent Evacuation System Market is accounted for $0.74 billion in 2022 and is expected to reach $1.20 billion by 2028 growing at a CAGR of 8.4% during the forecast period. An intelligent evacuation system is a form of alert and reaction generation facility that is aimed to improve the safety of people who are at risk due to an emergency event. It allows for a proper and safe evacuation procedure. Evacuation occurs through the closest exits, depending upon the situation. The intelligent evacuation system provides various benefits such as accurate and real-time head counting of people, increased on-site accountability. Well-known market players are making the investment to improve evacuation systems by dropping the time during the evacuation process. Moreover, the launch of innovated services will deliver a competitive edge, which plays an important role in driving the market growth.

According to local facilities emergency response plan, new codes and standards introduced around 2010 especially the new UL Standard 2572, the US Department of Defense's UFC 4-021-01 Design and O&M Mass Notification Systems, and NFPA 72 2010 edition Chapter 24 have led fire alarm system manufacturers to expand their systems voice evacuation capabilities to support new requirements for mass notification including support for multiple types of emergency messaging. The major requirements of a mass notification system are to provide prioritized messaging.



Market Dynamics:

Driver:

Rising adoption of innovative technologies

Intelligent evacuation systems are designed through the combination of hardware and software components. Adoption of such systems in residential, commercial, and industrial buildings is very significant to evacuate humans quickly and safely form the evacuation area. Along with digitization, the use of advanced technologies, such as artificial intelligence, machine learning in the system plays an important role in evacuation operations to detect smoke, fire, and toxic gases in the building. In addition, many residential and small commercial places are installing smart evacuation systems due to their easy functionality and responsive services.

Restraint:

High maintenance and installation cost

An intelligent evacuation system consists of various components, including gas sensors, temperature, humidity sensors, vibration sensors, and LED alarm, and other components. If all these components are purchased separately, then purchasing this system would be very expensive. In addition, the system requires high installation maintenance costs. Also, it requires data centres or server rooms to store ample amounts of secure data, which may not be afforded by small offices and residential buildings. Thus the above factors are considered as the major threats for the market growth.

Opportunity:

Growing Prominence of Safety and Security Regulations

During the past few years, there has been a potential rise in public safety and security management services, eventually boosting the intelligent evacuation system market and influencing the government to manage safety and security regulations to handle comfortable emergency situations as the loss of life and property is massive in any disastrous event with high reliability. Many regulatory bodies, such as the occupational safety and health administration, code of federal regulations, national electric code, life safety code, international fire code, and standard fire prevention code, are some of the regulations for testing and maintaining emergency and exit lighting systems across the globe. Therefore, it is significant to have sufficient and practical emergency communication technologies to deliver speedy information to the community to avoid loss of life and property which creates a major opportunity for the market growth.

Threat:

Catastrophic systems failure

In some particularly catastrophic emergency situations, all communications systems may become unavailable, meaning an emergency notification system can’t be relied on. Even though the systems work perfectly the recipients may not take the alerts seriously if they haven’t trained in understanding why they are being sent and why the need to act on the notifications or the alarm of the systems. If the organisations contacts list isn’t maintained the emergency notification system isn’t going to be effective in a crucial incident, thus making it a major threat for the market growth.

Covid-19 Impact

The intelligent evacuation system industry has witnessed major growth during the outbreak of the COVID-19 pandemic; there has been a sudden increase in demand during the period, for evacuation system in developing nations of Asia-Pacific and other regions. This was usual to the fact that there was a sudden increase in number of natural disasters and need for fast evacuation in contaminated areas. Moreover, an IoT-enabled evacuation system can track employee movements during an emergency and automatically count those who have reached the designated gather together. In addition, if an employee goes missing during a disaster, an IoT system can rapidly set up their whereabouts and either help them to safety or inform emergency services of their status, which in turn driving the growth of intelligent evacuation system market size.

The voice evacuation system segment is expected to be the largest during the forecast period

The voice evacuation system segment is estimated to have a lucrative growth, due to its ability to communicate store-in voice messages electronically or directly in an emergency. Also, the system broadcasts automated or semi-automated messages. A voice evacuation system has various benefits such as clear, spoken instructions to people during an emergency event, selectable pre-recorded messages, full control during the evacuation of a building or phased evacuation area-by-area, floor-by-floor, multiple areas floors all at once whichever is most appropriate for the situation and layout of the building, Ability to cancel false alarms and announce all clear messages. This voice evacuation system is installed in offices, factories, warehouses, shops, sports stadiums, cinemas, theatres, schools, and public buildings. All of the above factors are expected to enhance the market growth.

The Commercial segment is expected to have the highest CAGR during the forecast period

The Commercial segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the wide range of use of intelligent evacuation systems in the commercial sector that includes office buildings, grocery & retail stores, restaurants, lodging facilities, and medical facilities. The execution of a smart evacuation system helps commercial places broadcast the message via voice, digital messaging, and notification mediums. This system plays a fundamental role in emergency circumstances by providing an alert signal to building authorities and security management teams to save the lives of people in buildings and public places. In Addition, key players are integrating advanced technologies, such as AI and cloud, into their existing solutions to deliver modified services as per customer preference, which is boosting the market growth.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the dynamically following and boosting developing nations to adopt intelligent evacuation systems, including the PAVA system, mass notification system, and emergency lighting, which helps Asia Pacific to lead the market in every aspect. In addition, rapid urbanization in developing countries, such as China, Japan, and South Korea, is also increasing construction projects. Moreover, growing implementation of industrial solutions in the energy and power industry is the major factor that will boost the intelligent evacuation system market growth in Asia Pacific region.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the growing demand for intelligent evacuation systems from various industry verticals across Europe is constantly surging the product demand. Moreover, the rapid growth of building work of mega projects in Europe, considerable investments in the construction sector for adopting the latest technologies may increase the opportunities for intelligent evacuation system providers in the region.



Key players in the market

Some of the key players profiled in the Global Intelligent Evacuation System Market include ABB, HOCHIKI Corporation, Robert Bosh S.A., Siemens, Honeywell International Inc., Johnson Controls, TOA Corporation, Norden Communication UK Ltd, Legrand, Automated Logic, Eaton Corporation Plc .

Key Developments:

In Nov 2022, ABB inaugurates its first smart instrumentation factory in Bangalore. The new plant will manufacture field devices such as pressure and temperature transmitters, IP convertors and electromagnetic flow meters for a wide variety of industries, including power, oil and gas, pharmaceutical, water and other segments.

In Jan 2022, ABB Group’s automatic control lighting system of electrification division benefits Sweden’s Kattegat High School, Halmstad, to make the building smart, energy-efficient, safe, and comfortable.
In Aug 2020, Bosch Building Technologies launched ‘Avenar’, the latest generation of fire alarm panels to enhance the fire safety of commercial buildings. The system is supported by the Internet of Things (IoT). Avenar panel 2000 and 8000 series is an improvised version regarding scalability, integration, and processing power.

Types Covered:
• Voice Evacuation System
• Mass Notification System
• Emergency Lighting
• Public Address System
• Other Types

End Users Covered:
• Industrial
• Commercial
• Residential
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End Users Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Intelligent Evacuation System Market, By Type
5.1 Introduction
5.2 Voice Evacuation System
5.3 Mass Notification System
5.4 Emergency Lighting
5.5 Public Address System
5.6 Other Types

6 Global Intelligent Evacuation System Market, By End User
6.1 Introduction
6.2 Industrial
6.3 Commercial
6.4 Residential
6.5 Other End Users

7 Global Intelligent Evacuation System Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa

8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies

9 Company Profiling
9.1 ABB
9.2 HOCHIKI Corporation
9.3 Robert Bosh S.A.
9.4 Siemens
9.5 Honeywell International Inc.
9.6 Johnson Controls
9.7 TOA Corporation
9.8 Norden Communication UK Ltd
9.9 Legrand
9.10 Automated Logic
9.11 Eaton Corporation Plc

List of Tables
1 Global Intelligent Evacuation System Market Outlook, By Region (2020-2028) ($MN)
2 Global Intelligent Evacuation System Market Outlook, By Type (2020-2028) ($MN)
3 Global Intelligent Evacuation System Market Outlook, By Voice Evacuation System (2020-2028) ($MN)
4 Global Intelligent Evacuation System Market Outlook, By Mass Notification System (2020-2028) ($MN)
5 Global Intelligent Evacuation System Market Outlook, By Emergency Lighting (2020-2028) ($MN)
6 Global Intelligent Evacuation System Market Outlook, By Public Address System (2020-2028) ($MN)
7 Global Intelligent Evacuation System Market Outlook, By Other Types (2020-2028) ($MN)
8 Global Intelligent Evacuation System Market Outlook, By End User (2020-2028) ($MN)
9 Global Intelligent Evacuation System Market Outlook, By Industrial (2020-2028) ($MN)
10 Global Intelligent Evacuation System Market Outlook, By Commercial (2020-2028) ($MN)
11 Global Intelligent Evacuation System Market Outlook, By Residential (2020-2028) ($MN)
12 Global Intelligent Evacuation System Market Outlook, By Other End Users (2020-2028) ($MN)
13 North America Intelligent Evacuation System Market Outlook, By Country (2020-2028) ($MN)
14 North America Intelligent Evacuation System Market Outlook, By Type (2020-2028) ($MN)
15 North America Intelligent Evacuation System Market Outlook, By Voice Evacuation System (2020-2028) ($MN)
16 North America Intelligent Evacuation System Market Outlook, By Mass Notification System (2020-2028) ($MN)
17 North America Intelligent Evacuation System Market Outlook, By Emergency Lighting (2020-2028) ($MN)
18 North America Intelligent Evacuation System Market Outlook, By Public Address System (2020-2028) ($MN)
19 North America Intelligent Evacuation System Market Outlook, By Other Types (2020-2028) ($MN)
20 North America Intelligent Evacuation System Market Outlook, By End User (2020-2028) ($MN)
21 North America Intelligent Evacuation System Market Outlook, By Industrial (2020-2028) ($MN)
22 North America Intelligent Evacuation System Market Outlook, By Commercial (2020-2028) ($MN)
23 North America Intelligent Evacuation System Market Outlook, By Residential (2020-2028) ($MN)
24 North America Intelligent Evacuation System Market Outlook, By Other End Users (2020-2028) ($MN)
25 Europe Intelligent Evacuation System Market Outlook, By Country (2020-2028) ($MN)
26 Europe Intelligent Evacuation System Market Outlook, By Type (2020-2028) ($MN)
27 Europe Intelligent Evacuation System Market Outlook, By Voice Evacuation System (2020-2028) ($MN)
28 Europe Intelligent Evacuation System Market Outlook, By Mass Notification System (2020-2028) ($MN)
29 Europe Intelligent Evacuation System Market Outlook, By Emergency Lighting (2020-2028) ($MN)
30 Europe Intelligent Evacuation System Market Outlook, By Public Address System (2020-2028) ($MN)
31 Europe Intelligent Evacuation System Market Outlook, By Other Types (2020-2028) ($MN)
32 Europe Intelligent Evacuation System Market Outlook, By End User (2020-2028) ($MN)
33 Europe Intelligent Evacuation System Market Outlook, By Industrial (2020-2028) ($MN)
34 Europe Intelligent Evacuation System Market Outlook, By Commercial (2020-2028) ($MN)
35 Europe Intelligent Evacuation System Market Outlook, By Residential (2020-2028) ($MN)
36 Europe Intelligent Evacuation System Market Outlook, By Other End Users (2020-2028) ($MN)
37 Asia Pacific Intelligent Evacuation System Market Outlook, By Country (2020-2028) ($MN)
38 Asia Pacific Intelligent Evacuation System Market Outlook, By Type (2020-2028) ($MN)
39 Asia Pacific Intelligent Evacuation System Market Outlook, By Voice Evacuation System (2020-2028) ($MN)
40 Asia Pacific Intelligent Evacuation System Market Outlook, By Mass Notification System (2020-2028) ($MN)
41 Asia Pacific Intelligent Evacuation System Market Outlook, By Emergency Lighting (2020-2028) ($MN)
42 Asia Pacific Intelligent Evacuation System Market Outlook, By Public Address System (2020-2028) ($MN)
43 Asia Pacific Intelligent Evacuation System Market Outlook, By Other Types (2020-2028) ($MN)
44 Asia Pacific Intelligent Evacuation System Market Outlook, By End User (2020-2028) ($MN)
45 Asia Pacific Intelligent Evacuation System Market Outlook, By Industrial (2020-2028) ($MN)
46 Asia Pacific Intelligent Evacuation System Market Outlook, By Commercial (2020-2028) ($MN)
47 Asia Pacific Intelligent Evacuation System Market Outlook, By Residential (2020-2028) ($MN)
48 Asia Pacific Intelligent Evacuation System Market Outlook, By Other End Users (2020-2028) ($MN)
49 South America Intelligent Evacuation System Market Outlook, By Country (2020-2028) ($MN)
50 South America Intelligent Evacuation System Market Outlook, By Type (2020-2028) ($MN)
51 South America Intelligent Evacuation System Market Outlook, By Voice Evacuation System (2020-2028) ($MN)
52 South America Intelligent Evacuation System Market Outlook, By Mass Notification System (2020-2028) ($MN)
53 South America Intelligent Evacuation System Market Outlook, By Emergency Lighting (2020-2028) ($MN)
54 South America Intelligent Evacuation System Market Outlook, By Public Address System (2020-2028) ($MN)
55 South America Intelligent Evacuation System Market Outlook, By Other Types (2020-2028) ($MN)
56 South America Intelligent Evacuation System Market Outlook, By End User (2020-2028) ($MN)
57 South America Intelligent Evacuation System Market Outlook, By Industrial (2020-2028) ($MN)
58 South America Intelligent Evacuation System Market Outlook, By Commercial (2020-2028) ($MN)
59 South America Intelligent Evacuation System Market Outlook, By Residential (2020-2028) ($MN)
60 South America Intelligent Evacuation System Market Outlook, By Other End Users (2020-2028) ($MN)
61 Middle East & Africa Intelligent Evacuation System Market Outlook, By Country (2020-2028) ($MN)
62 Middle East & Africa Intelligent Evacuation System Market Outlook, By Type (2020-2028) ($MN)
63 Middle East & Africa Intelligent Evacuation System Market Outlook, By Voice Evacuation System (2020-2028) ($MN)
64 Middle East & Africa Intelligent Evacuation System Market Outlook, By Mass Notification System (2020-2028) ($MN)
65 Middle East & Africa Intelligent Evacuation System Market Outlook, By Emergency Lighting (2020-2028) ($MN)
66 Middle East & Africa Intelligent Evacuation System Market Outlook, By Public Address System (2020-2028) ($MN)
67 Middle East & Africa Intelligent Evacuation System Market Outlook, By Other Types (2020-2028) ($MN)
68 Middle East & Africa Intelligent Evacuation System Market Outlook, By End User (2020-2028) ($MN)
69 Middle East & Africa Intelligent Evacuation System Market Outlook, By Industrial (2020-2028) ($MN)
70 Middle East & Africa Intelligent Evacuation System Market Outlook, By Commercial (2020-2028) ($MN)
71 Middle East & Africa Intelligent Evacuation System Market Outlook, By Residential (2020-2028) ($MN)
72 Middle East & Africa Intelligent Evacuation System Market Outlook, By Other End Users (2020-2028) ($MN)

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