Voice evacuation system market is anticipated to grow at a considerable CAGR of 16.0% during the forecast period. The growth of the market is attributed to factors such as increasing safety regulations and standards, growing awareness about the importance of effective emergency communication systems, and the need for quick and efficient evacuation procedures. The growth of the market is also attributed to the growing launches of new and innovative product solutions by the market players to cater to the demand of the market. For instance, in March 2023, C-TEC’s launched a new evacuation alert system, EVAC-ALERT. It has been specified for a new purpose-built residential building in London. The system consists of a 2-loop control panel connected to a host of single and multi-way interface units, self-testing sounders, and visual indicators. Simple and intuitive with manual controls to allow firefighters to easily operate the evacuation alert devices located inside flats on a zone-by-zone or floor-by-floor basis, the panel is stored in a secure vandal-resistant cabinet which can only be accessed by the FRS using a special copy-protected key.
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The global voice evacuation system market is segmented based on its product type and application. Based on product type, the market is segmented into voice sounders, loudspeakers, emergency microphones, networked and wireless systems, and other product types. Based on application, the market is categorized into the commercial sector, industrial sector, and residential sector. Among the product types, networked and wireless systems are anticipated to witness significant growth during the forecast period due to their ability to provide flexible and integrated emergency communication solutions.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Voice Evacuation System Market by Product Type
- Voice Sounders
- Loudspeakers
- Emergency Microphones
- Networked and Wireless Systems
- Other Product Types
Global Voice Evacuation System Market by Application
- Commercial Sector
- Industrial Sector
- Residential Sector
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Advanced Electronics Ltd.
- ATEIS
- Audico Systems Oy
- Baldwin Boxall Communications Ltd.
- Bosch Sicherheitssysteme GmbH
- C-TEC (Computionics) Ltd.
- Gentex Corporation
- Hochiki America Corp.
- Mircom Group of Companies
- OPTIMUS S.A
- RCF S.p.A
- TOA Corp.
- Viking Electronics, Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global voice evacuation system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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