Intelligent Evacuation System Market Size, Share & COVID-19 Impact Analysis, By Type (Public Address System, Voice Alarm System, Mass Notification System, and Emergency Lighting), By End-user (Commercial, Residential, and Industrial), and Regional Forecast, 2023-2030

The global intelligent evacuation system market size was valued at USD 13.88 billion in 2022. The market is projected to grow from USD 15.38 billion in 2023 to USD 34.24 billion by 2030, exhibiting a CAGR of 12.1%. North America dominated the global market with a share of 32.13% in 2022.

In the scope, we have considered intelligent evacuation systems provided by key players such as Legrand, Eaton, Siemens, TOA Corporation, Johnson Controls, Honeywell, and Robert Bosch, among others.

Evacuation refers to departure from the premises directly, safely, and as soon as possible. It is applicable in the circumstances inside the structure when there is a risk to human health and the safety of infrastructure incumbents. Evacuation occurs through the closest exits (emergency/ordinary), depending upon the situation. Prominent market players are making the investment to enhance evacuation systems by reducing the timeline during the evacuation process. Further, the launch of upgraded services will deliver a competitive edge, which plays an important role in driving the market growth.

COVID-19 IMPACT

Growing Demand for System Upgrade and Space Reconfigurations among Building Owners amid Pandemic Boosted Market Growth

The pandemic has curtailed the movement of goods, services, and people worldwide and significantly impacted economic activity and financial markets. However, the crisis has provided a chance to deploy advanced analytics to enhance decision-making.

Building owners and facility managers face a grueling conflict and provide a safe return for workers. Authorities are following guidelines established by respective industry associations, such as the International Facility Management Association (IFMA), and supporting regulations for building health assessments, indoor environmental quality, and health and wellness standards. The building owners and asset management analyze demands for system upgrades and space reconfigurations to ensure occupant safety and social distancing, despite constraints from severe working capital crunches.

Furthermore, some companies invested in and deployed disruptive technologies such as edge computing, Artificial Intelligence (AI), connected devices, and Machine Learning (ML). These companies started realizing that, during the COVID-19 pandemic, these technologies helped the business to recover the initial impacts of COVID-19 and will help drive business automation in future.

LATEST TRENDS

Growing Prominence of Safety and Security Regulations for Evacuation Process by Various Governments to Propel Industry Expansion

In the past decade, there has been a promising rise in public safety and security management services, ultimately boosting the intelligent evacuation system market and urging the government to manage safety and security regulations to handle hassle-free emergency situations as the loss of life and property is colossal in any disastrous event with high intensity. For instance, regulatory bodies, such as the Occupational Safety and Health Administration (OSHA) Code of Federal Regulations, NFPA 70 - National Electric Code, NFPA 101 - Life Safety Code, International Fire Code, NFPA 1997 5-9.3, and Standard Fire Prevention Code 1999, are some of the regulations for testing and maintaining ‘Emergency and Exit Lighting’ systems across the globe.

Governments across different countries globally have regulations to handle industrial emergencies and Hazardous Material (HAZMAT)-related incidents. Hence, it is critical to have adequate and practical emergency communication technologies to deliver speedy information to the community to avoid the loss of life and property.

INTELLIGENT EVACUATION SYSTEM MARKET GROWTH FACTORS

Rising Adoption of Innovative Technologies to Make Smart Evacuation Procedures Smooth to Boost Market Growth

Intelligent evacuation systems are designed through the integration of hardware and software components. Adoption of such systems in residential, commercial, and industrial buildings is very important to evacuate humans quickly and safely. Along with digitization, the use of advanced technologies, such as Artificial Intelligence (AI), ML, and VR, in the system plays an important role in evacuation operations to detect smoke, fire, and toxic gases in the building. In addition, many residential and small commercial places are installing smart evacuation systems due to their easy functionality and responsive services.

Further, the global market is driven by the rising demand for cloud-based solutions. In addition, increasing awareness of emergency evacuation procedures globally contributes to market growth. The market is also driven by an increase in R&D activities by major market players in various regions for a safe and quick evacuation process.

RESTRAINING FACTORS

Higher Installation and Maintenance Costs Might Hinder Market Growth

An intelligent evacuation system consists of various components, including gas sensors, temperature/humidity sensors, vibration sensors, and LED alarm, among others. If all these components are purchased separately, then purchasing this system would be very expensive. In addition, the system requires high installation/maintenance costs. Also, it requires data centers or server rooms to store ample amounts of secure data, which may not be afforded by small offices and residential buildings. Thus, the aforementioned factors are likely to hamper the intelligent evacuation system market growth.

SEGMENTATION

By Type Analysis

Rising Adoption of Voice Alarm Systems to Surge Intelligent Evacuation System Demand

By type, the market is divided into public address system, mass notification system, voice alarm system, and emergency lighting.

The voice alarm system segment holds the largest revenue share, and it is expected to grow at a prominent CAGR during the forecast period, owing to its capability to convey store-in voice messages electronically or issue directly in an emergency. Also, the system broadcasts automated or semi-automated messages. A voice alarm system has various benefits such as phased evacuation, multilingual digital messaging, selectable pre-recorded messages, background music for ambiance, broadcast of opening/closing times, microphone priority handling, an induction loop, and public information announcements. The system is installed in offices, factories, warehouses, shops, sports stadiums, cinemas, theaters, schools, and public buildings.

Mass notification system segment is anticipated to grow at the highest CAGR during the forecast period. This system is used to deliver notifications (SMS, email, voice message) to individuals or groups of people in emergency evacuation using lists, locations, and visual intelligence for people’s safety in residential, commercial, and industrial buildings. This factor is likely to drive market growth.

By End-user Analysis

Extensive Use of Evacuation Systems in the Commercial Sector to Fuel Market Growth

Based on end-user, the market is categorized into commercial, residential, and industrial.

The commercial segment generated maximum revenue in the year 2022, owing to the increasing adoption of intelligent evacuation systems in the commercial sector that includes office spaces, restaurants, lodging facilities, grocery & retail stores, and medical facilities. The implementation of a smart evacuation system helps commercial places broadcast the message via voice, digital messaging, and notification mediums. This system plays a vital role in an emergency situation by providing an alert signal to building authorities and security management teams to save the lives of people in buildings and public places.

Residential segment is expected to grow at the highest CAGR during the forecast period. In the residential sector, many individual houses or private dwellings, duplexes, apartments, and condominiums in developed countries are significantly adopting smart, intelligent evacuation systems for safety purposes. Further, key players are integrating advanced technologies, such as AI and cloud, into their existing solutions to deliver personalized services as per customer preference.

REGIONAL INSIGHTS

Geographically, the market is studied across North America, Europe, Asia Pacific, the Middle East & Africa, and South America. They are further categorized into countries.

North America is anticipated to capture a larger revenue share during the forecast period. The growing demand for intelligent evacuation systems from various industry verticals across North America is constantly surging the product demand. The system is currently in the phase of revival in North America as there is a huge rise in digital data from the social media, web, and sensors due to evolving technologies that capture and process such data. The key players from the U.S. and Canada identified significant potential to advance the related products, services, and customer reach. These factors are projected to fuel market growth in the coming years.

The Asia Pacific region is expected to have the highest growth rate among other developed regions over the forecast period of 2023-2030. One of the primary reasons is that various regional governments are actively supporting and boosting developing nations to adopt intelligent evacuation systems, including the PAVA system, mass notification system, and emergency lighting, which favors the growth of the Asia Pacific market in every aspect. Further, rapid urbanization in developing countries, such as China, Japan, and South Korea, is also increasing construction projects. Significant infrastructure spending is witnessed in Australia, Hong Kong, Myanmar, Singapore, the Philippines, Taiwan, Thailand, and Vietnam.

The rapid growth of construction work of mega projects in Europe is the primary factor influencing the market growth. However, considerable investments in the construction sector for adopting the latest technologies may increase the opportunities for intelligent evacuation system providers in the region. For instance, in 2021, ATEIS International SA, a Switzerland-based manufacturer and supplier of PAVA systems, launched a separate voice alarm system, the latest self-amplified system certified to EN54 standards, developed to address voice alarm requirements for small and medium size installations.

The Middle East & Africa is expected to gain steady growth owing to significant investment in the system. Additionally, developments in the construction industry and interior design using aesthetics in emergency lighting are predicted to boost market expansion in the Middle East and Africa.

South America is well connected in terms of technologically and digitally as compared to other developing regions. The growing digitalization and industrial competitiveness in South America may drive market growth. The COVID-19 pandemic has accelerated the growth of digitalization in South America. The increased adoption of technological solutions has sparked digitalization across the region. Further, increasing adoption of industrial solutions in the energy and power industry is the major factor that will boost the market growth in South America.

KEY INDUSTRY PLAYERS

Strategic Acquisitions to Boost Footprint Expansion of Key Players

The key players are investing in offering innovative systems across all business segments. These players are trying to boost their operations and scale sales through partnerships and collaborations. This enables brands to expand their product offerings and customer base. For instance,

July 2022 – Hochiki Corporation installed 26 fire detection panels that consist of Hochiki’s Syncro and Latitude system, along with two vision remote panels installed in IRCCS Sacro Cuore Don Calabria Hospital, Verona, Italy.

November 2021 – Bosch Building Technologies completed the acquisition of the U.K.-based company named Protec Fire and Security Group Ltd. that provides security and fire detection technology. The company has its own development and production center for transportation and other sectors.

List of Key Companies in Intelligent Evacuation System Market:

• HOCHIKI Corporation (Japan)


• Robert Bosch S.A. (Germany)


• Siemens (Germany)


• Honeywell International Inc. (U.S.)


• ABB (Switzerland)


• Johnson Controls (Ireland)


• Eaton (Ireland)


• Legrand (France)


• TOA Corporation (Japan)


• Norden Communication UK Ltd (U.K.)

KEY INDUSTRY DEVELOPMENTS:

• January 2022 – ABB Group’s automatic control lighting system of electrification division benefits Sweden’s Kattegatt High School, Halmstad, to make the building smart, energy-efficient, safe, and comfortable.


• August 2020 – Bosch Building Technologies launched ‘Avenar’, the latest generation of fire alarm panels to enhance the fire safety of commercial buildings. The system is supported by the Internet of Things (IoT). Avenar panel 2000 and 8000 series is an improvised version regarding scalability, integration, and processing power.


• March 2023 – Hochiki launched FIREscape Nepto, the next generation of emergency lighting systems. This new system includes new benefits and features driven by technology innovations in the R&D process.


• December 2021 – Honeywell International, Inc., acquired U.S. Digital Designs Inc. The aim of the acquisition was to integrate Honeywell’s Fire and Connected Life Safety System business and expand Honeywell’s line of solutions for public safety communication.


• December 2021 – Eaton introduced lithium-ion innovation for enhancing the resiliency of critical infrastructure in large facilities.

REPORT COVERAGE

The research report highlights leading regions across the world to offer a better understanding to the user. Furthermore, the report provides insights into the latest industry and market trends and analyzes technologies deployed at a rapid pace at the global level. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the market.

REPORT SCOPE & SEGMENTATION