Intelligent Evacuation System Market Size, Share & Trends Analysis Report By Type, By End Use (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2024 - 2030
The global intelligent evacuation system market was estimated at USD 778.7 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030. The increasing awareness of safety, driven by past emergencies and growing concern for well-being, significantly fuels the demand for intelligent evacuation systems. In recent years, high-profile incidents such as large-scale fires, natural disasters, and industrial accidents have highlighted the critical importance of effective evacuation strategies. These events underscore the necessity of having well-designed systems to ensure that people can exit buildings safely and efficiently during emergencies.
As awareness of these risks grows, individuals and organizations are more proactive about implementing safety measures. This heightened awareness is particularly evident in sectors where the safety of large groups of people is paramount. For instance, educational institutions, healthcare facilities, commercial centers, and public spaces are increasingly adopting advanced evacuation systems to protect occupants and comply with evolving safety standards.
The technological advancements in intelligent evacuation systems fuel the market growth. Innovations such as Internet of Things (IoT) integration, real-time monitoring, automated control systems, and smart sensors have made evacuation systems more effective and user-friendly. Modern evacuation systems can dynamically guide people based on real-time data, such as the location of fires or blocked exits, improving the safety and efficiency of emergency responses. Moreover, cloud-based solutions and AI-driven systems are enhancing the coordination and operation of these systems, especially in large, complex buildings.
The growing trend of smart buildings also drives the demand for intelligent evacuation systems. As buildings become more interconnected and automated, there is a need for smart safety systems that can communicate with other building systems, such as fire alarms, HVAC systems, and security systems. Intelligent evacuation solutions can be integrated into these smart environments, allowing real-time communication, automated responses, and data-driven evacuation routes.
Despite advancements, the complexity of integrating intelligent evacuation systems with existing building infrastructure restrains the market's growth. Many buildings, especially older ones, were not designed with modern evacuation technologies in mind. Retrofitting these systems involves planning and modifying electrical systems, communication networks, and emergency protocols. The complexity of integration can lead to increased costs and extended implementation timelines, which may discourage some property owners and managers from adopting these systems.
Global Intelligent Evacuation System Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global intelligent evacuation system market report based on type, end use, and region.
Type Outlook (Revenue, USD Million, 2018 - 2030)
Voice Evacuation Systems
Mass Notification Systems
Emergency Lighting
Others
End Use Outlook (Revenue, USD Million, 2018 - 2030)
Residential
Commercial
Industrial
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
France
Asia Pacific
China
India
Japan
Australia
South Korea
Latin America
Brazil
Middle East & Africa
UAE
Kingdom of Saudi Arabia
South Africa
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.2. Market Restraint Impact Analysis
3.3.3. Market Opportunity Impact Analysis
3.4. Industry Analysis Tools
3.4.1. Porter's Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
Chapter 4. Intelligent Evacuation System Market: Type Estimates & Trend Analysis
4.1. Type Movement Analysis & Market Share, 2023 & 2030
4.2. Intelligent Evacuation System Market Estimates & Forecast, By Type
4.2.1. Voice Evacuation Systems
4.2.1.1. Voice Evacuation Systems Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.2.2. Mass Notification Systems
4.2.2.1. Mass Notification Systems Markets Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)