Voice Evacuation Systems Market, By Components, By Application,By Geography

PUBLISHED: June 5, 2025

PAGES: 165 Pages

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Description

Voice Evacuation Systems Market is estimated to be valued at USD 1.04 Bn in 2025 and is expected to reach USD 1.95 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.4% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 1.04 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	9.40%	2032 Value Projection:	USD 1.95 Bn

The market is seeing a lot of growth, resulting from the increasing emphasis on public safety and the need for efficient emergency communication solutions. Voice evacuation systems help alert occupants of any space, like a building, during emergencies, and giving instructions to guide them to safety. These systems combine advanced technology with intelligible voice messages to make possible effective communication and prompt evacuation in critical situations.

Market Dynamics

Governments and regulatory bodies globally are mandating the installation of voice evacuation systems in different buildings, including commercial complexes, and public infrastructure, to ensure the safety of occupants. On the other hand, the lack of interoperability between different systems can limit the adoption of these systems. And the need for regular maintenance and upgrades is also a challenge that the market will need to tackle. Nevertheless, the integration of voice evacuation systems with other building management systems, such as fire detection and security systems, will improve their functionality and add to their adoption. Furthermore, the advent of smart buildings and the increasing adoption of Internet of Things (IoT) technologies are likely to create new avenues for innovation in the voice evacuation systems market.

Key features of the study

This report provides an in-depth analysis of the global voice evacuation systems market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global voice evacuation systems market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Honeywell International Inc., Siemens AG, Johnson Controls International plc, Bosch Security Systems, Inc., Eaton Corporation plc, Schneider Electric SE, ABB Group, TOA Corporation, Gentex Corporation, UTC Climate, Controls & Security, Hochiki Corporation, Cooper Wheelock, Edwards Signaling, Baldwin Boxall Communications Ltd., and Zenitel Group.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global voice evacuation systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global voice evacuation systems market.

Market Segmentation

Components Insights (Revenue, USD Bn, 2020 - 2032)
- Control Units
- Loudspeakers
- Networked & Wireless Systems
- Emergency Microphones
Application Insights (Revenue, USD Bn, 2020 - 2032)
- Commercial Buildings
- Transportation Hubs
- Industrial Facilities
- Others
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Honeywell International Inc.
- Siemens AG
- Johnson Controls International plc
- Bosch Security Systems, Inc.
- Eaton Corporation plc
- Schneider Electric SE
- ABB Group
- TOA Corporation
- Gentex Corporation
- UTC Climate, Controls & Security
- Hochiki Corporation
- Cooper Wheelock
- Edwards Signaling
- Baldwin Boxall Communications Ltd.
- Zenitel Group

Product Code: CMI8041

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Global Voice Evacuation Systems Market, By Components
- Global Voice Evacuation Systems Market, By Application
- Global Voice Evacuation Systems Market, By Region

3. Market Dynamics, Regulations, And Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends

4. Global Voice Evacuation Systems Market, By Components, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Control Units
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Loudspeakers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Networked & Wireless Systems
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Emergency Microphones
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Voice Evacuation Systems Market, By Application, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Commercial Buildings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Transportation Hubs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Industrial Facilities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Voice Evacuation Systems Market, By Region, 2020 - 2032, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Components, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Components, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Components, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Components, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Components, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Components, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

Honeywell International Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Siemens AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Johnson Controls International plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Bosch Security Systems, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Eaton Corporation plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Schneider Electric SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ABB Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
TOA Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Gentex Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
UTC Climate, Controls & Security
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hochiki Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Cooper Wheelock
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Edwards Signaling
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Baldwin Boxall Communications Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Zenitel Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies