Voice Evacuation Systems

PUBLISHED: July 17, 2024

PAGES: 193 Pages

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Description

Global Voice Evacuation Systems Market to Reach US$1.7 Billion by 2030

The global market for Voice Evacuation Systems estimated at US$889.3 Million in the year 2023, is expected to reach US$1.7 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2023-2030. Commercial End-Use, one of the segments analyzed in the report, is expected to record a 10.2% CAGR and reach US$785.3 Million by the end of the analysis period. Growth in the Industrial End-Use segment is estimated at 9.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$237.8 Million While China is Forecast to Grow at 8.9% CAGR

The Voice Evacuation Systems market in the U.S. is estimated at US$237.8 Million in the year 2023. 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 8.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.6% and 7.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

Voice Evacuation Systems - Key Trends and Drivers

Voice evacuation systems are essential components in modern building safety protocols, designed to ensure the orderly and efficient evacuation of occupants during emergencies. These systems utilize a combination of pre-recorded and live voice messages to provide clear, precise instructions, guiding individuals to safety and significantly reducing panic and confusion. Unlike traditional alarm systems that rely solely on sirens or bells, voice evacuation systems offer detailed and adaptable instructions that can respond to the evolving dynamics of an emergency situation. Typically, these systems are integrated with fire detection systems, public address systems, and other emergency communication networks to ensure comprehensive coverage and functionality. The deployment of voice evacuation systems is particularly critical in high-occupancy buildings such as airports, hospitals, shopping malls, educational institutions, and office complexes, where clear communication is paramount for the safe evacuation of large numbers of people.

Recent years have seen significant advancements in the development and deployment of voice evacuation systems, driven by technological innovations. Modern systems leverage digital technology to enhance the clarity, reliability, and functionality of the communication. Features such as zone-specific messaging allow targeted instructions to be delivered to different areas of a building, ensuring that occupants receive relevant information tailored to their specific location. Integration with visual aids, such as digital signage, further enhances the effectiveness of these systems by providing visual confirmation of audio messages. Advancements in networked and wireless technologies have enabled more flexible and scalable installations, allowing for easier upgrades to existing infrastructures or the deployment of new systems in complex building environments. Compliance with stringent safety regulations and standards, such as those set by the National Fire Protection Association (NFPA) and other international regulatory bodies, has driven innovation in system design and functionality, ensuring that voice evacuation systems meet the highest safety and performance criteria.

The growth in the voice evacuation systems market is driven by several factors. Technological advancements, including the integration of Internet of Things (IoT) capabilities and artificial intelligence (AI), have significantly enhanced the functionality and efficiency of these systems. IoT and AI enable real-time monitoring and adaptive responses, allowing systems to adjust instructions based on the specific conditions of an emergency. The increasing rate of urbanization and the construction of high-rise buildings and complex infrastructures have expanded the addressable market for advanced evacuation solutions, as these environments require sophisticated systems to manage large numbers of occupants. Heightened awareness of building safety standards and compliance with stringent regulatory requirements are also major drivers, pushing various sectors to adopt voice evacuation systems. The need for effective emergency communication in diverse environments, from commercial and industrial buildings to educational institutions and healthcare facilities, generates sustained demand. Additionally, the growing emphasis on integrated safety and security solutions, which combine fire detection, public address, and emergency lighting systems, strengthens the business case for comprehensive voice evacuation systems. As these trends continue to evolve, the voice evacuation systems market is expected to experience robust growth, driven by ongoing technological innovations and the expanding scope of application in ensuring public safety.

Select Competitors (Total 42 Featured) -

Active Total Security Systems
ATEIS 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

Product Code: MCP-6547

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
- Influencer Market Insights
- Global Economic Update
- Voice Evacuation Systems - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Technological Advancements Propel Growth in Voice Evacuation Systems
- Integration of IoT and AI Capabilities Expands Addressable Market Opportunity
- Compliance with Stringent Safety Regulations Strengthens Business Case for Adoption
- Rising Construction of High-Rise Buildings Generates Demand for Sophisticated Systems
- Zone-Specific Messaging Technology Drives Adoption in Large Facilities
- Enhanced Clarity and Reliability through Digital Technology Accelerates Market Penetration
- Growing Integration with Fire Detection and Public Address Systems
- Real-Time Monitoring Capabilities Propel Growth in Emergency Management
- Visual Aids Integration Throws the Spotlight on Multi-Modal Communication
- Increasing Awareness of Building Safety Standards Generates Demand Across Sectors
- Expansion in Healthcare and Educational Institutions Drives Market Adoption
- Innovations in Networked and Wireless Technologies Strengthen Market Position
- Growing Emphasis on Integrated Safety and Security Solutions Expands Market Reach
- Heightened Need for Effective Emergency Communication Spurs Growth
- Increasing Demand in Commercial and Industrial Sectors Expands Addressable Market
- Integration with Digital Signage Enhances System Effectiveness
- Emergence of Smart Building Technologies Throws the Spotlight on Future Trends
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Voice Evacuation Systems Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- TABLE 2: 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 2023 through 2030 and % CAGR
- TABLE 3: 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 2014 through 2022 and % CAGR
- TABLE 4: World 16-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 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 7: World 16-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 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 10: World 16-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 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 13: World 16-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 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 16: USA 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 19: Canada 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
JAPAN
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 22: Japan 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
CHINA
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 25: China 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
EUROPE
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 28: Europe 16-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 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 31: Europe 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
FRANCE
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 34: France 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
GERMANY
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 37: Germany 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 40: Italy 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
UNITED KINGDOM
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 43: UK 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 46: Rest of Europe 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030
ASIA-PACIFIC
- Voice Evacuation Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (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 2023 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 2014 through 2022 and % CAGR
- TABLE 49: Asia-Pacific 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 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 2023 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 2014 through 2022 and % CAGR
- TABLE 52: Rest of World 16-Year Perspective for Voice Evacuation Systems by End-Use - Percentage Breakdown of Value Sales for Commercial, Industrial and Residential for the Years 2014, 2024 & 2030