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Global Voice Evacuation Systems Market 2019-2023

Global Voice Evacuation Systems Market 2019-2023

About this market

Introduction of wireless communication to drive growth in the market. Wireless communication in emergency alarms is an upcoming trend in the market. This allows the integration of existing control system with voice alarms, resulting in easy handling, increased efficiency, and low maintenance. Technavio’s analysts have predicted that the voice evacuation systems market will register a CAGR of more than 11% by 2023.

Market Overview

Growing trend of smart cities

The upcoming initiatives and projects are expected to boost the growth of the voice evacuation systems market during the forecast period.

High initial cost of installation

In small and medium-sized buildings, mainly emergency alarm and evacuation systems are quite expensive to install. Hence these poses as major challenge to the market.

For the detailed list of factors that will drive and challenge the growth of the voice evacuation systems market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Robert Bosch and Siemens the competitive environment is quite intense. Factors such as the rising trend of smart cities and the introduction of wireless communication, will provide considerable growth opportunities to voice evacuation systems manufactures. Eaton, Honeywell International, Johnson Controls, Robert Bosch, and Siemens are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Voice Evacuation Systems Market 2019-2023

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the introduction of wireless communication.”

According to the report, one of the major drivers for this market is the increasing trend of smart cities.

Further, the report states that one of the major factors hindering the growth of this market is the high initial cost of installation.

Companies Mentioned

Eaton
Honeywell International
Johnson Controls
Robert Bosch
and Siemens

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global emergency alarm and evacuation systems market
      • Table Segments of global emergency alarm and evacuation systems market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Commercial sector - Market size and forecast 2018-2023
      • Table Commercial sector - Market size and forecast 2018-2023 ($ millions)
      • Table Commercial sector - Year-over-year growth 2019-2023 (%)
    • Industrial sector - Market size and forecast 2018-2023
      • Table Industrial sector - Market size and forecast 2018-2023 ($ millions)
      • Table Industrial sector - Year-over-year growth 2019-2023 (%)
    • Residential sector - Market size and forecast 2018-2023
      • Table Residential sector - Market size and forecast 2018-2023 ($ millions)
      • Table Residential sector - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Total construction expenditure in US 2010-2017 ($ billions)
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Adoption of loT in building control systems
    • Introduction of wireless communication
    • Dynamic wayfinding
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Eaton
      • Table Eaton - Vendor overview
      • Table Eaton - Business segments
      • Table Eaton - Organizational developments
      • Table Eaton - Geographic focus
      • Table Eaton - Segment focus
      • Table Eaton - Key offerings
    • Honeywell International
      • Table Honeywell International - Vendor overview
      • Table Honeywell International - Business segments
      • Table Honeywell International - Organizational developments
      • Table Honeywell International - Geographic focus
      • Table Honeywell International - Segment focus
      • Table Honeywell International - Key offerings
    • Johnson Controls
      • Table Johnson Controls - Vendor overview
      • Table Johnson Controls - Business segments
      • Table Johnson Controls - Organizational developments
      • Table Johnson Controls - Geographic focus
      • Table Johnson Controls - Segment focus
      • Table Johnson Controls - Key offerings
    • Robert Bosch
      • Table Robert Bosch - Vendor overview
      • Table Robert Bosch - Business segments
      • Table Robert Bosch - Organizational developments
      • Table Robert Bosch - Geographic focus
      • Table Robert Bosch - Segment focus
      • Table Robert Bosch - Key offerings
    • Siemens
      • Table Siemens - Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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