openPR Logo
Press release

Intelligent Evacuation System Market Expected to Attain Double Digit Growth by 2023: Billion Dollar Industry Forecasted

04-12-2019 06:53 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Intelligent Evacuation System Market Expected to Attain Double

The intelligent evacuation system market is in its growth phase, and is expected to grow at a CAGR of 6.7% during the forecast period. Organizations focus on improving their product offering to cater to the rise in market demands, which drive the market growth during the forecast period. Europe was the highest shareholder in terms of revenue, while Asia-Pacific is expected to grow at the highest CAGR during the forecast period.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/3069

According to a new report published by Allied Market Research, titled, Intelligent evacuation system Market by Type, and End-User: Global Opportunity Analysis and Industry Forecast, 2016-2023, the global intelligent evacuation system market was valued at $504 million in 2016, and is projected to reach $775 million by 2023, growing at a CAGR of 6.7% from 2017 to 2023. The commercial segment is anticipated to grow at the highest rate during the forecast period.

Europe generated the highest revenue in 2016 due to adequate infrastructural development for the adoption of the intelligent evacuation system. The Asia-Pacific intelligent evacuation system market is expected to grow at the highest rate during the forecast period, owing to the remarkable economic growth in Southeast Asia, India, & other economies and growth in trend of integrated building technologies.

Flat 20% Discount on this Report: https://www.alliedmarketresearch.com/checkout/880973
* Offer Valid Till 20th April 2019

The voice evacuation system business segment contributed the highest share in 2016. This segment accounted for $362 million in 2016, and is projected to grow at the CAGR of 5.4% during the forecast period. However, the intelligent evacuation system market for emergency lighting segment is projected to grow at the highest rate of 10.6%. The commercial segment accounted for the highest revenue share in 2016, while the residential segment is anticipated to grow at the highest rate of 11.0%.

Technological innovation in product offerings, rise in adoption for building automation and control system solutions, increase in application areas among end users, supportive and evolving regulatory framework among developing and developed economies, and heavy venture capital investments in R&D activities to develop solutions with enhanced capabilities drive the market. In addition, government organizations and companies enhance their emergency response building infrastructure due to rise in number of hazardous events. This in turn boosts the intelligent evacuation system market growth.

The report features a competitive scenario of the global intelligent evacuation system industry and provides a comprehensive analysis of key growth strategies adopted by the major players.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3069

The key players profiled in the study are Robert Bosch GmbH, HOCHIKI Corporation, Honeywell International, Johnson Controls International Plc, Siemens AG, Legrand, ABB Group, Automated Logic, Beckhoff Automation GmbH & Co. KG, and Eaton Corporation Plc. These players adopt competitive strategies, such as geographical expansions, mergers & acquisitions, new product launches, and partnerships & collaborations, to augment the growth of the intelligent evacuation system market.

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Intelligent Evacuation System Market Expected to Attain Double Digit Growth by 2023: Billion Dollar Industry Forecasted here

News-ID: 1701815 • Views: 418

More Releases from Allied Market Research

Agricultural Surfactants Market Projected to Experience Major Revenue Boost Duri …
Allied Market Research published a new report, titled, Agricultural Surfactants Market: Global Opportunity Analysis and Industry Forecast, 2020–2027. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to
Chemical Intermediates Market : Latest Market Trends & Forecast are being Done a …
Allied Market Research published a new report, titled, Chemical Intermediates Market: Global Opportunity Analysis and Industry Forecast, 2020–2027. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to
Infant Sling Market 2020 Detailed Analysis, Size Estimates, Share, Trends, Key P …
Infant sling is a baby care product, designed to hold and carry the baby on one’s chest or back. Infant slings are made from soft fabric that holds the baby. This product is designed for durability, safety, and comfort level of infants. Infant Slings are also known as Baby-Wearing. They provide mobility and convenience especially when pushing a stroller is not a choice. Also, it enables the care giver to
Cable Conduit Systems Market: Growing Demand for Safer and Secure Wiring Systems …
Allied Market Research published a new report, titled, “Cable Conduit Systems Market by Type (Rigid Cable Conduit System, Metallic, Non-Metallic, Flexible Cable Conduit System, Metallic, Non-Metallic), End Use (Manufacturing, Commercial construction, Residential construction, Intelligent transportation systems) - Global Opportunity Analysis and Industry Forecast, 2019-2026.” The research report offers an in-depth analysis of the current market scenario, estimates, revolving aspects, and dynamic forces of the industry from 2019 to 2026 to identify

All 5 Releases


More Releases for CAGR

Catalase Market : Research Observes Strong CAGR Development
The "Global Catalase Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016 - 2024", report intends to offer a resourceful means to assess the Catalase Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Catalase Market report, titled Catalase Market, is expansive research
Citicoline Market | CAGR of 14.4%
The global Citicoline Market 2020 Report provides fine intelligence that helps market players to compete well against the tough competition on the basis of growth, sales and other various important factors. The research report lays stress on key growth opportunities and market trends apart from important market dynamics including market drivers and challenges. With the help of this report, involved parties can equip themselves to adapt along with the changes
Footwear Market : Research Observes Strong CAGR Development
The "Global Footwear Market Set for Rapid Growth, to Reach Around USD 320.44 Billion by 2023", report intends to offer a resourceful means to assess the Footwear Market and entails the all-inclusive analysis and upfront statistics with regards to the market. This new report is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The Footwear Market report, titled Footwear Market, is expansive research
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020