Panic & Emergency Exit Hardware Market Report: Trends, Forecast and Competitive Analysis to 2031

Panic & Emergency Exit Hardware Market Trends and Forecast

The future of the global panic & emergency exit hardware market looks promising with opportunities in the commercial buildings, residential building, industrial building, and government building markets. The global panic & emergency exit hardware market is expected to grow with a CAGR of 7.5% from 2025 to 2031. The major drivers for this market are stringent safety regulations, increased focus on public safety, and the growing construction industry.

Lucintel forecasts that, within the type category, the push bar is expected to witness the highest growth over the forecast period.

Within the end use category, commercial building is expected to witness the highest growth.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

Gain valuable insights for your business decisions with our comprehensive 150+ page report. Sample figures with some insights are shown below.

Emerging Trends in the Panic & Emergency Exit Hardware Market

As safety regulations get stricter and the environments they cater to become more sophisticated, there are some noteworthy emerging trends regarding panic & emergency exit hardware market. These trends are the results of technological advancements, an increased focus on building security, and the need for more adaptable systems that can work in different types of buildings. It is important to note that these emerging trends are altering the design, implementation, and integration approaches for panic and emergency exit systems across various industries.

• Advancements in Artificial Intelligence and Internet of Things Integration: The integration of artificial intelligence (AI) and IoT is perhaps the most notable advancement in panic and emergency exit hardware market innovations. Monitoring emergency exit operations, like door unlocking in the event of an emergency, is done in real-time and is coupled with sophisticated building management systems, which improve building security and facilitate better evacuation strategies.
• Heightened Attention to Energy-Efficient Systems: Due to the demand for sustainable features, there is increased attention on energy-efficient panic exit devices. These systems incorporate LEDs, energy-saving features, and low-power components, which have become the norm. Such systems consume less electricity while still performing adequately and complying with all energy-saving rules.
• Touchless and Contactless Systems: The pandemic has accelerated the global shift towards touchless technology in almost all sectors, and touchless panic and emergency exit systems are no exception. These systems increase convenience and hygiene by allowing users to exit without contact, which helps control the spread of germs in busy locations.
• Custom and Modular Systems: With the increasing diversification of building designs, there is an increasing adoption of modular panic exit systems. These systems are adaptable to different building configurations and are more cost-effective as they can be upgraded or modified without major expense or disruption to business.
• Enhanced Compliance with Regulations and Safety: Numerous regions are tightening their regulatory frameworks, making the adoption of panic and emergency exit hardware systems necessary to meet higher safety standards. Nowadays, buildings are more and more obliged to conform to particular standards, such as fire safety and disaster preparedness, which increases the need for sophisticated exit hardware solutions.

These trends demonstrate a shift in the panic and emergency exit hardware market toward smarter, energy-efficient, and customizable solutions that are faster and easier to use. With the incorporation of new technologies and growing safety requirements, exit systems are changing in terms of their operation as well as in their installation mode.

Recent Developments in the Panic & Emergency Exit Hardware Market

The panic & emergency exit hardware market has evolved significantly, mainly driven by the need for better, safer, and more sophisticated systems. This evolution stems from technological advancements, regulatory changes, and infrastructural development in different regions. In this section, some key developments in this very dynamic market are outlined.

• Innovations in Exit Hardware Technology: Recently, we have started to see the introduction of automatic and touchless panic bars, push bars, and even smart monitoring systems. All of these advancements reduce response times, increase ease of use, and provide integration with building management systems, which greatly improves safety.
• Changes in Regulations Increase Exit Hardware Usage: More modern regulations for fire safety and emergency evacuations have increased the demand for more sophisticated exit hardware solutions. This has caused a major compliance-centric focus, making building owners and developers modernize their exit hardware systems to comply with legal and safety regulations.
• Integration with Building Management Systems: One of the most widespread trends is the incorporation of panic and emergency exit hardware with building management systems (BMS). This ensures a single point of control and supervision, which is essential for the effective management of emergency systems and compliance and safety audit provisions.
• Adoption of More Energy Efficient Systems: Modern technologies, coupled with the increasing emphasis placed on sustainability, have increased the usage of more energy-efficient panic and emergency exit systems. With LED lights and ultra-low-power exit systems, energy consumption can be significantly reduced while achieving optimum results.
• More Attention Given to Customization and Flexibility: Exit systems have rapidly become more modular and customizable in response to the diversification of architectural designs. Manufacturers are concentrating their efforts on delivering adaptable solutions that are easy to implement and economical for the owners

These trends suggest that the market for panic and emergency exit hardware is advancing toward deeper market penetration in various new segments, with increased focus on safety as well as energy-efficient and more sophisticated designs. The introduction of new technologies, along with robust policies, will mark the future of the market.

Strategic Growth Opportunities in the Panic & Emergency Exit Hardware Market

Unlike most other manufacturing industries, the panic & emergency exit hardware market is exceptional in its growth potential. It has multiple-use growth potential. As systems focus more on safety elements, there is an increased need for sophisticated exit strategies to aid compliance with accompanying regulations. Below, we will discuss some of the areas where market growth has been remarkable.

• Commercial Use and Safety: During public events, panic exit systems are now more necessary than ever in office buildings, shopping malls, and theaters. Commercial property owners are demanding these systems so that their buildings can comply with safety standards. The system's efficiency and reliability are of utmost importance, hence the growing demand.
• Manufacturing and Industrial Use: Due to certain risks present in industrial buildings such as factories and warehouses, a specialized set of exit systems is required. To provide reliable and safe evacuation routes, robust panic exit hardware that can survive hazardous conditions and dangerous settings is highly needed.
• Public and Government Offices: Embassies, municipal offices, and courthouses are government buildings that need advanced panic exit hardware to meet high security and protection maintenance measures. These tools are vital for saving the lives of employees and visitors in the case of an emergency.
• High-Rise and Residential Buildings: Nowadays, people living in urban areas tend to gravitate toward high-rise buildings, which increases the demand for robust panic systems. To ensure safety standards are met, property owners and builders are eagerly looking for cost-effective yet dependable exit hardware solutions.
• Healthcare Facilities: Hospitals, clinics, and other healthcare centers, given their multiple classes of sensitive persons, including patients and seniors, require a special approach to panic and emergency exit systems. Specialized exit hardware is being developed to enable fast and safe evacuations during emergencies

These growth opportunities stem from the many industries that rely on panic and emergency exit hardware. With emphasis on safety and regulation compliance, the market is poised to grow substantially in the next few years.

Panic & Emergency Exit Hardware Market Driver and Challenges

The panic & emergency exit hardware market has several prospective drivers, including technological improvements, more stringent regulations, and growing concerns about safety in commercial and residential premises. There are, however, countering factors such as cost, integration, and security issues.

The factors responsible for driving the panic & emergency exit hardware market include:

1. Technological Advancements: These advancements have greatly enhanced the efficiency of safety monitoring systems across buildings. The development of smart technologies like IoT integration and automated exit adoption is a major contributor to profit growth.

2. Changes in Regulations: As fire safety regulations and building codes tighten, the need for effective emergency exit systems also rises. Governments worldwide are enforcing more rigorous policies, which results in businesses needing to upgrade or install new exit systems to comply.

3. Infrastructure Development and Urbanization: The global focus on infrastructure development and urbanization has resulted in an increased pace for the construction of new buildings. This, in turn, supports the demand for effective emergency exit hardware. The more multifaceted the design of buildings, especially skyscrapers, the greater the need for reliable and multi-functional exit systems.

4. Cost-Efficiency and Energy-Saving: Businesses are adopting more cost-efficient and energy-saving systems, leading to the widespread use of low-powered and LED exit devices. These methods help in lowering operational costs without compromising safety compliance.

5. Prioritize Safety and Security: With the increased concern over workplace violence, more and more investments are being made in panic and emergency exit hardware systems. There is greater demand for exit systems to be put into service, as the situational safety of employees and the general public is prioritized by businesses.

Challenges in the panic & emergency exit hardware market are:

1. Considerable Initial Investment: The cost of advanced panic exit hardware systems is quite high, especially for small to medium-sized firms that lack adequate financial resources for installation, training, and system integration.

2. Modernization of Outdated Systems: Barriers exist when using new technology solutions for old buildings. Modifying existing legacy architectures for new panic exit systems can be problematic and expensive, as more time is needed to bring new plans online.

3. Concerns About Cybersecurity: The use of smart technology and IoT devices heightens the potential for cybercrime. This is especially true for safeguarding vital data and ensuring that sensitive information tied to emergency exit systems is kept secure while instilling confidence in these fraud-proof systems.

The panic and emergency exit hardware market is driven and challenged by multiple factors, which, along with technology and safety requirements, create an ever-changing environment. While these elements boost market growth, other components like expenses, integration, and cybersecurity will need to be handled to maintain progress.

List of Panic & Emergency Exit Hardware Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies panic & emergency exit hardware companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the panic & emergency exit hardware companies profiled in this report include-

• Allegion
• ASSA ABLOY
• Dormakaba
• ISEO
• SALTO Systems
• ANTIPANIC
• Fapim SpA

Panic & Emergency Exit Hardware Market by Segment

The study includes a forecast for the global panic & emergency exit hardware market by type, end use, and region.

Panic & Emergency Exit Hardware Market by Type [Value from 2019 to 2031]:

• Push Pad
• Push Bar
• Touch Bar
• Outside Access Devices
• Others

Panic & Emergency Exit Hardware Market by End Use [Value from 2019 to 2031]:

• Commercial Buildings
• Residential Building
• Industrial Building
• Government Building

Panic & Emergency Exit Hardware Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Panic & Emergency Exit Hardware Market

The panic & emergency exit hardware market has progressed greatly in many parts of the world because of the heightened emphasis on safety regulations, urbanization, and construction. The adoption of advanced technologies and regulations for evacuation and safety has been notable in the United States, China, Germany, India, and Japan. Below are some key highlights in these regions.

• United States: In the US, safety regulations have been strengthened, especially in commercial buildings, which has increased the demand for panic and emergency exit hardware. Innovations like touchless exit devices and advanced push bar exits are on the rise. Moreover, the extensive retrofitting of older buildings that is needed to meet new fire and emergency safety standards is greatly increasing the demand for new exit hardware.
• China: The boom in urbanization and infrastructure development in China has increased the need for panic and emergency exit systems. Safety policies for new and existing buildings, especially high-rises, are becoming increasingly restrictive. There is a growing trend among Chinese constructors to incorporate advanced technologies, such as biometrics and IoT, into their exit devices for better protection and security in the growing urban centers.
• Germany: Germany has always taken the lead on issues related to safety compliance and building regulations. Recent developments, such as automated exits that speed up evacuation from commercial and industrial buildings, are being introduced. German regulations require detailed safety audits, which further require the use of more reliable and sophisticated exit hardware. Another area of focus is the development of energy-efficient and durable systems, which aligns with Germany's sustainability goals.
• India: While India is in the process of developing its infrastructure, there is a special focus on adding effective panic and emergency exit systems to new residential, commercial, and public buildings. Compliance benchmarks are becoming more stringent, which is resulting in a greater need for cost-effective but high-performance emergency exit hardware. There is increasing awareness of safety standards among developers, which is propelling this market.
• Japan: For many years, Japan has placed high importance on disaster preparedness. As a result, there has been a significant increase in the demand for panic and emergency exit hardware in recent years. The predominant rugged geography of Japan, which is prone to earthquakes, necessitates the use of specialized, durable exit hardware. Recently, the attention has been shifting to more sophisticated automatic systems, which are incorporated into intelligent building systems, enabling better utilization of building space during and after an evacuation while regulating the flow of people in case of an emergency.

Features of the Global Panic & Emergency Exit Hardware Market

Market Size Estimates: Panic & emergency exit hardware market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Panic & emergency exit hardware market size by type, end use, and region in terms of value ($B).

Regional Analysis: Panic & emergency exit hardware market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the panic & emergency exit hardware market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the panic & emergency exit hardware market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the panic & emergency exit hardware market by type (push pad, push bar, touch bar, outside access devices, and others), end use (commercial buildings, residential building, industrial building, and government building), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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