New York, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Voice Evacuation Systems Industry" - https://www.reportlinker.com/p03915703/?utm_source=GNW
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
Global Voice Evacuation Systems Market to Reach $1.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Voice Evacuation Systems estimated at US$722.9 Million in the year 2022, is projected to reach a revised size of US$1.5 Billion by 2030, growing at a CAGR of 9.7% over the analysis period 2022-2030. Commercial, one of the segments analyzed in the report, is projected to record a 10.4% CAGR and reach US$712.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Industrial segment is readjusted to a revised 9.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $211.5 Million, While China is Forecast to Grow at 9% CAGR
The Voice Evacuation Systems market in the U.S. is estimated at US$211.5 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$259.8 Million by the year 2030 trailing a CAGR of 9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.7% and 8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.4% CAGR.
Select Competitors (Total 42 Featured)
- 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. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
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
Voice Evacuation Systems - Global Key Competitors Percentage
Market Share in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
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: World Recent Past, Current & Future Analysis for Voice
Evacuation Systems by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2022 through 2030 and % CAGR
Table 2: World Historic Review for Voice Evacuation Systems by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Thousand for Years 2012 through 2021 and
% CAGR
Table 3: World 18-Year Perspective for Voice Evacuation Systems
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2012, 2023 & 2030
Table 4: World Voice Evacuation Systems Market Analysis of
Annual Sales in US$ Thousand for Years 2012 through 2030
Table 5: World Recent Past, Current & Future Analysis for
Commercial by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 6: World Historic Review for Commercial by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2021 and % CAGR
Table 7: World 18-Year Perspective for Commercial by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2012, 2023 & 2030
Table 8: World Recent Past, Current & Future Analysis for
Industrial by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 9: World Historic Review for Industrial by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2021 and % CAGR
Table 10: World 18-Year Perspective for Industrial by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2023 & 2030
Table 11: World Recent Past, Current & Future Analysis for
Residential by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 12: World Historic Review for Residential by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Thousand for Years 2012 through 2021 and % CAGR
Table 13: World 18-Year Perspective for Residential by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2012, 2023 & 2030
III. MARKET ANALYSIS
UNITED STATES
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in the United States for 2023 (E)
Table 14: USA Recent Past, Current & Future Analysis for Voice
Evacuation Systems by End-Use - Commercial, Industrial and
Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 15: USA Historic Review for Voice Evacuation Systems by
End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 16: USA 18-Year Perspective for Voice Evacuation Systems
by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
CANADA
Table 17: Canada Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 18: Canada Historic Review for Voice Evacuation Systems
by End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 19: Canada 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
JAPAN
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Japan for 2023 (E)
Table 20: Japan Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 21: Japan Historic Review for Voice Evacuation Systems by
End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 22: Japan 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
CHINA
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in China for 2023 (E)
Table 23: China Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 24: China Historic Review for Voice Evacuation Systems by
End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 25: China 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
EUROPE
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Europe for 2023 (E)
Table 26: Europe Recent Past, Current & Future Analysis for
Voice Evacuation Systems by Geographic Region - France,
Germany, Italy, UK and Rest of Europe Markets - Independent
Analysis of Annual Sales in US$ Thousand for Years 2022 through
2030 and % CAGR
Table 27: Europe Historic Review for Voice Evacuation Systems
by Geographic Region - France, Germany, Italy, UK and Rest of
Europe Markets - Independent Analysis of Annual Sales in US$
Thousand for Years 2012 through 2021 and % CAGR
Table 28: Europe 18-Year Perspective for Voice Evacuation
Systems by Geographic Region - Percentage Breakdown of Value
Sales for France, Germany, Italy, UK and Rest of Europe Markets
for Years 2012, 2023 & 2030
Table 29: Europe Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 30: Europe Historic Review for Voice Evacuation Systems
by End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 31: Europe 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
FRANCE
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in France for 2023 (E)
Table 32: France Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 33: France Historic Review for Voice Evacuation Systems
by End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 34: France 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
GERMANY
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Germany for 2023 (E)
Table 35: Germany Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 36: Germany Historic Review for Voice Evacuation Systems
by End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 37: Germany 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
ITALY
Table 38: Italy Recent Past, Current & Future Analysis for
Voice Evacuation Systems by End-Use - Commercial, Industrial
and Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 39: Italy Historic Review for Voice Evacuation Systems by
End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 40: Italy 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
UNITED KINGDOM
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in the United Kingdom for 2023 (E)
Table 41: UK Recent Past, Current & Future Analysis for Voice
Evacuation Systems by End-Use - Commercial, Industrial and
Residential - Independent Analysis of Annual Sales in US$
Thousand for the Years 2022 through 2030 and % CAGR
Table 42: UK Historic Review for Voice Evacuation Systems by
End-Use - Commercial, Industrial and Residential Markets -
Independent Analysis of Annual Sales in US$ Thousand for Years
2012 through 2021 and % CAGR
Table 43: UK 18-Year Perspective for Voice Evacuation Systems
by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
REST OF EUROPE
Table 44: Rest of Europe Recent Past, Current & Future Analysis
for Voice Evacuation Systems by End-Use - Commercial,
Industrial and Residential - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2022 through 2030 and %
CAGR
Table 45: Rest of Europe Historic Review for Voice Evacuation
Systems by End-Use - Commercial, Industrial and Residential
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2021 and % CAGR
Table 46: Rest of Europe 18-Year Perspective for Voice
Evacuation Systems by End-Use - Percentage Breakdown of Value
Sales for Commercial, Industrial and Residential for the Years
2012, 2023 & 2030
ASIA-PACIFIC
Voice Evacuation Systems Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 47: Asia-Pacific Recent Past, Current & Future Analysis
for Voice Evacuation Systems by End-Use - Commercial,
Industrial and Residential - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2022 through 2030 and %
CAGR
Table 48: Asia-Pacific Historic Review for Voice Evacuation
Systems by End-Use - Commercial, Industrial and Residential
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2021 and % CAGR
Table 49: Asia-Pacific 18-Year Perspective for Voice Evacuation
Systems by End-Use - Percentage Breakdown of Value Sales for
Commercial, Industrial and Residential for the Years 2012, 2023 &
2030
REST OF WORLD
Table 50: Rest of World Recent Past, Current & Future Analysis
for Voice Evacuation Systems by End-Use - Commercial,
Industrial and Residential - Independent Analysis of Annual
Sales in US$ Thousand for the Years 2022 through 2030 and %
CAGR
Table 51: Rest of World Historic Review for Voice Evacuation
Systems by End-Use - Commercial, Industrial and Residential
Markets - Independent Analysis of Annual Sales in US$ Thousand
for Years 2012 through 2021 and % CAGR
Table 52: Rest of World 18-Year Perspective for Voice
Evacuation Systems by End-Use - Percentage Breakdown of Value
Sales for Commercial, Industrial and Residential for the Years
2012, 2023 & 2030
IV. COMPETITION
Read the full report: https://www.reportlinker.com/p03915703/?utm_source=GNW
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