An emergency alarm and evacuation system is an integration of two independent life-saving equipment with automation and control at one point. This includes monitoring, preventing, controlling, and subsequent evacuation in case of emergency. Respective governments regulate the installations and operations of such systems. Emergency alarm and evacuation systems are widely used in industrial, commercial, and residential sectors.
Technavio’s analysts forecast the global emergency alarm and evacuation systems market to grow at a CAGR of 6.81% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global emergency alarm and evacuation systems market for 2017-2021. To calculate the market size, the report considers new installations, shipments, value, retrofit and replacement, and aftermarket services.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Emergency Alarm and Evacuation Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Siemens • Honeywell International • Johnson Controls • Bosch • Hochiki
Other prominent vendors • ABB • Automated Logic • Beckhoff • Eaton • Legrand • Schneider Electric • United Technologies Corporation (UTC)
Market driver • Rising demand for safety automation in oil and gas industry • For a full, detailed list, view our report
Market challenge • Compliance with codes and standards • For a full, detailed list, view our report
Market trend • Wireless communication • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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