The Asia Pacific Intelligent Evacuation System Market is expected to witness market growth of 7.2% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Intelligent Evacuation System Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $97.4 Million by 2031. The Japan market is showcasing a CAGR of 6.5% during 2024-2031. Additionally, the India market would register a CAGR of 8% during 2024-2031.
The rising frequency and intensity of natural disasters, including earthquakes, floods, hurricanes, and wildfires, has heightened the need for efficient evacuation systems to safeguard lives and minimize casualties. These events, exacerbated by climate change, are occurring with increasing unpredictability and severity, making traditional evacuation methods insufficient for managing large-scale emergencies.
Moreover, major disasters have underscored the critical importance of rapid and organized evacuations to prevent loss of life. Floods, hurricanes, and earthquakes have demonstrated the devastating human and economic toll of inadequate disaster preparedness, emphasizing the need for advanced solutions.
China's rapid urbanization and substantial investments in smart city projects have led to a significant increase in the adoption of intelligent evacuation systems. The Chinese government's commitment to enhancing urban safety is evident through initiatives like the National New-type Urbanization Plan, which emphasizes the development of intelligent infrastructure. The urbanization rate of permanent residents in China had increased significantly from 53.1 percent in 2012 to 66.16 percent by the end of 2023. This focus on integrating advanced technologies into urban planning has created a conducive environment for deploying intelligent evacuation systems across various sectors.
The China market dominated the Asia Pacific Intelligent Evacuation System Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $97.4 Million by 2031. The Japan market is showcasing a CAGR of 6.5% during 2024-2031. Additionally, the India market would register a CAGR of 8% during 2024-2031.
The rising frequency and intensity of natural disasters, including earthquakes, floods, hurricanes, and wildfires, has heightened the need for efficient evacuation systems to safeguard lives and minimize casualties. These events, exacerbated by climate change, are occurring with increasing unpredictability and severity, making traditional evacuation methods insufficient for managing large-scale emergencies.
Moreover, major disasters have underscored the critical importance of rapid and organized evacuations to prevent loss of life. Floods, hurricanes, and earthquakes have demonstrated the devastating human and economic toll of inadequate disaster preparedness, emphasizing the need for advanced solutions.
China's rapid urbanization and substantial investments in smart city projects have led to a significant increase in the adoption of intelligent evacuation systems. The Chinese government's commitment to enhancing urban safety is evident through initiatives like the National New-type Urbanization Plan, which emphasizes the development of intelligent infrastructure. The urbanization rate of permanent residents in China had increased significantly from 53.1 percent in 2012 to 66.16 percent by the end of 2023. This focus on integrating advanced technologies into urban planning has created a conducive environment for deploying intelligent evacuation systems across various sectors.
List of Key Companies Profiled
- Honeywell International Inc. (Honeywell HBT)
- Siemens AG
- Johnson Controls International PLC
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Bosch Sicherheitssysteme GmbH (Robert Bosch GmbH)
- Zenitel Group
- Eaton Corporation plc
- ABB Group
- Mircom Group of Companies
Market Report Segmentation
By Type
- Emergency Lighting
- Voice Evacuation Systems
- Mass Notification Systems
- Other Type
By End Use
- Commercial
- Industrial
- Residential
- Other End Use
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Intelligent Evacuation System Market by Type
Chapter 6. Asia Pacific Intelligent Evacuation System Market by End Use
Chapter 7. Asia Pacific Intelligent Evacuation System Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Honeywell International Inc. (Honeywell HBT)
- Siemens AG
- Johnson Controls International PLC
- Schneider Electric SE
- Legrand S.A. (Legrand Group)
- Bosch Sicherheitssysteme GmbH (Robert Bosch GmbH)
- Zenitel Group
- Eaton Corporation plc
- ABB Group
- Mircom Group of Companies
Methodology
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