Global Voice Evacuation Systems Market 2024-2028
The voice evacuation systems market is forecasted to grow by USD 1100 mn during 2023-2028, accelerating at a CAGR of 16.84% during the forecast period. The report on the voice evacuation systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growth of the real estate and construction industry, the construction of smart cities, and the increasing adoption of building automation and control systems.
Technavio's voice evacuation systems market is segmented as below:By End-userCommercial sector
Industrial sector
Residential sector
By TypeVoice sounders
Loudspeakers
Emergency microphones
Networked and wireless system
By GeographyAPAC
North America
Europe
Middle East and Africa
South America
This study identifies the adoption of loTs in building control systems as one of the prime reasons driving the voice evacuation systems market growth during the next few years. Also, the introduction of wireless communication and the growing need for dynamic wayfinding will lead to sizable demand in the market.
The report on the voice evacuation systems market covers the following areas:Voice evacuation systems market sizing
Voice evacuation systems market forecast
Voice evacuation systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading voice evacuation systems market vendors that include 4EVAC Hacousto Holland BV, ABB Ltd., Ambient System SP ZOO, ATEIS International SA, Audico Systems Oy, Baldwin Boxall Communications Ltd., Cofem SA, Eaton Corp. Plc, Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc, Mircom Group of Companies, NAFFCO FZCO, OPTIMUS SA, ORR Protection Systems Inc., Protec Fire and Security Group Ltd., Robert Bosch GmbH, Siemens AG, TOA Corp., and Zeta Alarms Ltd. Also, the voice evacuation systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.