New York, July 14, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Voice Evacuation Systems Industry" - https://www.reportlinker.com/p03915703/?utm_source=GNW
1 Billion by 2027, growing at a CAGR of 9.7% over the analysis period 2020-2027.Commercial, one of the segments analyzed in the report, is projected to grow at a 10.9% CAGR to reach US$549.3 Million by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industrial segment is readjusted to a revised 9.1% CAGR for the next 7-year period. This segment currently accounts for a 32.2% share of the global Voice Evacuation Systems market.
The U.S. Accounts for Over 29.7% of Global Market Size in 2020, While China is Forecast to Grow at a 9% CAGR for the Period of 2020-2027
The Voice Evacuation Systems market in the U.S. is estimated at US$174.2 Million in the year 2020. The country currently accounts for a 29.67% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$193 Million in the year 2027 trailing a CAGR of 9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.1% and 7.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.7% CAGR while Rest of European market (as defined in the study) will reach US$193 Million by the year 2027.
Residential Segment Corners a 22.5% Share in 2020
In the global Residential segment, USA, Canada, Japan, China and Europe will drive the 8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$106.1 Million in the year 2020 will reach a projected size of US$181.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$129.1 Million by the year 2027.We bring years of research experience to this 18th edition of our report. The 127-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
- Active Total Security Systems
- ATEÏS Group
- Audico Systems Oy
- Baldwin Boxall Communications Ltd.
- Bosch Security Systems Inc.
- Eaton Corporation
- Hacousto Protec
- Hallmark Fire Ltd.
- OPTIMUS S.A
- RCF S.p.A
- Siemens Building Technologies
- STANLEY Convergent Security Solutions Inc.
- TOA Corporation
- UTC Building and Industrial Systems
Read the full report: https://www.reportlinker.com/p03915703/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Voice Evacuation Systems (VESs): A Prelude
Key Factors Aiding Expansion of Voice Evacuation Systems (VESs)
Market - Ranked by Importance Attached by Manufacturers
Recent Market Activity
Benefits Encourage VES Deployments on a Larger Scale
New & Harmonized Standards Set the Platform for Wider
Proliferation of VES
High Thrust on Building Automation Augments Market Prospects
A Snapshot of Systems, Equipment & Components Deployed in
Building Automation
Developed Markets: Key Revenue Contributors
Developing Markets: Hot Spots for Future Market Growth
Competitive Scenario
Leading Players in the VES Market
VES Manufacturers Focus on End-to-End Support Services
Competition Grows from Low-Cost Asian Companies
Global Competitor Market Shares
Voice Evacuation Systems Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Active Total Security Systems (India)
ATEÏS Group (Netherlands)
Audico Systems Oy (Finland)
Baldwin Boxall Communications Ltd. (UK)
Bosch Security Systems, Inc. (USA)
Eaton Corporation (USA)
Hacousto Protec (Netherlands)
Honeywell International, Inc. (USA)
Honeywell Life Safety Systems UK (UK)
Gent by Honeywell (UK)
Johnson Controls International Plc (Ireland)
OPTIMUS S.A (Spain)
RCF S.p.A (Italy)
Siemens Building Technologies (Switzerland)
STANLEY Convergent Security Solutions, Inc. (USA)
TOA Corporation (Japan)
UTC Building and Industrial Systems (USA)
Chubb Fire & Security Ltd. (UK)
3. MARKET TRENDS & DRIVERS
Technology Innovations Unfold New Growth Opportunities
Customer Requirements Prompt Technological Advancements
Vendors Integrate Infotainment Features to Boost System Appeal &
Image
Wireless Models Set to Proliferate the Market
VESs Featuring Advanced Software Make their Way
Stable Growth in the Construction Sector Bodes Well for the Market
Non-Residential Building Market: Key Consumer of VESs
Demand on Rise from Transportation Sector
VES Seeks Role in the Airport Security Mix
Education Sector: A Lucrative End-Use Sector
Residential Buildings: Small but Important Market
Widening Addressable Market to Accelerate Future Deployments
VES for Mass Notification
Standalone Systems Ideal for Small to Medium-Sized Buildings
Custom Made Systems Suffice Demanding Requirements of
ultifaceted Facilities
Scalable Systems Gain Preference in Large & Complex Sites
4. GLOBAL MARKET PERSPECTIVE
Table 1: Voice Evacuation Systems Global Market Estimates and
Forecasts in US$ Thousand by Region/Country: 2020-2027
Table 2: Voice Evacuation Systems Global Retrospective Market
Scenario in US$ Thousand by Region/Country: 2012-2019
Table 3: Voice Evacuation Systems Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Commercial (End-Use) Global Opportunity Assessment in
US$ Thousand by Region/Country: 2020-2027
Table 5: Commercial (End-Use) Historic Sales Analysis in US$
Thousand by Region/Country: 2012-2019
Table 6: Commercial (End-Use) Percentage Share Breakdown of
Global Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Industrial (End-Use) Worldwide Sales in US$ Thousand
by Region/Country: 2020-2027
Table 8: Industrial (End-Use) Historic Demand Patterns in US$
Thousand by Region/Country: 2012-2019
Table 9: Industrial (End-Use) Market Share Shift across Key
Geographies: 2012 VS 2020 VS 2027
Table 10: Residential (End-Use) Global Market Estimates &
Forecasts in US$ Thousand by Region/Country: 2020-2027
Table 11: Residential (End-Use) Retrospective Demand Analysis
in US$ Thousand by Region/Country: 2012-2019
Table 12: Residential (End-Use) Market Share Breakdown by
Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Voice Evacuation Systems Market Share (in %) by Company:
2018 & 2025
Market Analytics
Table 13: United States Voice Evacuation Systems Latent Demand
Forecasts in US$ Thousand by End-Use: 2020 to 2027
Table 14: Voice Evacuation Systems Historic Demand Patterns in
the United States by End-Use in US$ Thousand for 2012-2019
Table 15: Voice Evacuation Systems Market Share Breakdown in
the United States by End-Use: 2012 VS 2020 VS 2027
CANADA
Table 16: Canadian Voice Evacuation Systems Market Quantitative
Demand Analysis in US$ Thousand by End-Use: 2020 to 2027
Table 17: Voice Evacuation Systems Market in Canada:
Summarization of Historic Demand Patterns in US$ Thousand by
End-Use for 2012-2019
Table 18: Canadian Voice Evacuation Systems Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
JAPAN
Table 19: Japanese Demand Estimates and Forecasts for Voice
Evacuation Systems in US$ Thousand by End-Use: 2020 to 2027
Table 20: Japanese Voice Evacuation Systems Market in US$
Thousand by End-Use: 2012-2019
Table 21: Voice Evacuation Systems Market Share Shift in Japan
by End-Use: 2012 VS 2020 VS 2027
CHINA
Table 22: Chinese Demand for Voice Evacuation Systems in US$
Thousand by End-Use: 2020 to 2027
Table 23: Voice Evacuation Systems Market Review in China in
US$ Thousand by End-Use: 2012-2019
Table 24: Chinese Voice Evacuation Systems Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Voice Evacuation Systems Market: Competitor Market
Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 25: European Voice Evacuation Systems Market Demand
Scenario in US$ Thousand by Region/Country: 2020-2027
Table 26: Voice Evacuation Systems Market in Europe: A Historic
Market Perspective in US$ Thousand by Region/Country for the
Period 2012-2019
Table 27: European Voice Evacuation Systems Market Share Shift
by Region/Country: 2012 VS 2020 VS 2027
Table 28: European Voice Evacuation Systems Addressable Market
Opportunity in US$ Thousand by End-Use: 2020-2027
Table 29: Voice Evacuation Systems Market in Europe:
Summarization of Historic Demand in US$ Thousand by End-Use for
the Period 2012-2019
Table 30: European Voice Evacuation Systems Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
FRANCE
Table 31: Voice Evacuation Systems Quantitative Demand Analysis
in France in US$ Thousand by End-Use: 2020-2027
Table 32: French Voice Evacuation Systems Historic Market
Review in US$ Thousand by End-Use: 2012-2019
Table 33: French Voice Evacuation Systems Market Share
Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and
2027
GERMANY
Table 34: Voice Evacuation Systems Market in Germany: Annual
Sales Estimates and Forecasts in US$ Thousand by End-Use for
the Period 2020-2027
Table 35: German Voice Evacuation Systems Market in Retrospect
in US$ Thousand by End-Use: 2012-2019
Table 36: Voice Evacuation Systems Market Share Distribution in
Germany by End-Use: 2012 VS 2020 VS 2027
ITALY
Table 37: Italian Demand for Voice Evacuation Systems in US$
Thousand by End-Use: 2020 to 2027
Table 38: Voice Evacuation Systems Market Review in Italy in
US$ Thousand by End-Use: 2012-2019
Table 39: Italian Voice Evacuation Systems Market Share
Breakdown by End-Use: 2012 VS 2020 VS 2027
UNITED KINGDOM
Table 40: United Kingdom Demand Estimates and Forecasts for
Voice Evacuation Systems in US$ Thousand by End-Use: 2020 to
2027
Table 41: United Kingdom Voice Evacuation Systems Market in US$
Thousand by End-Use: 2012-2019
Table 42: Voice Evacuation Systems Market Share Shift in the
United Kingdom by End-Use: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 43: Rest of Europe Voice Evacuation Systems Addressable
Market Opportunity in US$ Thousand by End-Use: 2020-2027
Table 44: Voice Evacuation Systems Market in Rest of Europe:
Summarization of Historic Demand in US$ Thousand by End-Use for
the Period 2012-2019
Table 45: Rest of Europe Voice Evacuation Systems Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 46: Voice Evacuation Systems Quantitative Demand Analysis
in Asia-Pacific in US$ Thousand by End-Use: 2020-2027
Table 47: Asia-Pacific Voice Evacuation Systems Historic Market
Review in US$ Thousand by End-Use: 2012-2019
Table 48: Asia-Pacific Voice Evacuation Systems Market Share
Analysis: A 17-Year Perspective by End-Use for 2012, 2020, and
2027
REST OF WORLD
Table 49: Rest of World Voice Evacuation Systems Market
Quantitative Demand Analysis in US$ Thousand by End-Use: 2020
to 2027
Table 50: Voice Evacuation Systems Market in Rest of World:
Summarization of Historic Demand Patterns in US$ Thousand by
End-Use for 2012-2019
Table 51: Rest of World Voice Evacuation Systems Market Share
Analysis by End-Use: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 40
Read the full report: https://www.reportlinker.com/p03915703/?utm_source=GNW
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