The Asia Pacific Public Address And Voice Alarm Systems Market should witness market growth of 8.2% CAGR during the forecast period (2022-2028).
PAVA systemsare frequently employed at airports and railways to broadcast live announcements, typically across many terminals. Together with a variety of acoustic elements, the systems often incorporate numerous microphones and speakers. They could display previously filmed or locally produced material, such as rail and airport terminals. In addition, installing sound reinforcement systems in educational institutions, retail establishments, and public structures has, over the years, contributed to advancements in demand for public address systems.
The superiority of public space infrastructure across regions is a key factor in expanding the market. As a result, a significant portion of demand comes from public sector organizations and industrial units, even though PAVAsystems are alsoimplemented in private buildings as well as residential areas. In addition, voice alarm systems are increasingly in demand because of the responsibility placed on the government to guarantee the safety and security of workers at public facilities.
Cities in Asia are expanding quickly. In the next 20 years, the region's cities will house an additional 1.1 billion people. Over 55% of the people in Asia will live in cities by 2030. Many cities will combine to form urban communities. For instance, it is anticipated that the Tokyo Nagoya-Osaka-Kyoto-Kobe mega-region in Japanhas over60 million residents. By 2020, Bangkok and Thailand have expanded approximately 200 kilometers from their location. In China, migration has accelerated urban growth, making it more challenging for residents to commute by bike and foot. This rapid urbanization in the region has compelled the regional governments to implement PAVA systems at necessary publiclocations to maintain the security of people. Hence, the region's public address and voice alarm systems market will grow rapidly during the forecasted period.
The China market dominated the Asia Pacific Public Address And Voice Alarm Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $351.6 million by 2028. The Japan market is experiencing a CAGR of 7.5% during (2022-2028). Additionally, The India market would exhibit a CAGR of 8.8% during (2022-2028).
Based on Type, the market is segmented into Centralized and Distributed. Based on Component, the market is segmented into Loudspeaker, Controllers, Amplifier, Microphone and Others. Based on Technology, the market is segmented into Digital System, Analog System and IP System. Based on Vertical, the market is segmented into Industrial, Commercial Building, Hospitality, Transportation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Honeywell International, Inc., Bosch Security Systems GmbH (Robert Bosch GmbH), Johnson Controls International PLC, The Zenitel Group, ATEÏS, Baldwin Boxall Communications Ltd, Heinrich Limited and OPTIMUS S.A.
PAVA systemsare frequently employed at airports and railways to broadcast live announcements, typically across many terminals. Together with a variety of acoustic elements, the systems often incorporate numerous microphones and speakers. They could display previously filmed or locally produced material, such as rail and airport terminals. In addition, installing sound reinforcement systems in educational institutions, retail establishments, and public structures has, over the years, contributed to advancements in demand for public address systems.
The superiority of public space infrastructure across regions is a key factor in expanding the market. As a result, a significant portion of demand comes from public sector organizations and industrial units, even though PAVAsystems are alsoimplemented in private buildings as well as residential areas. In addition, voice alarm systems are increasingly in demand because of the responsibility placed on the government to guarantee the safety and security of workers at public facilities.
Cities in Asia are expanding quickly. In the next 20 years, the region's cities will house an additional 1.1 billion people. Over 55% of the people in Asia will live in cities by 2030. Many cities will combine to form urban communities. For instance, it is anticipated that the Tokyo Nagoya-Osaka-Kyoto-Kobe mega-region in Japanhas over60 million residents. By 2020, Bangkok and Thailand have expanded approximately 200 kilometers from their location. In China, migration has accelerated urban growth, making it more challenging for residents to commute by bike and foot. This rapid urbanization in the region has compelled the regional governments to implement PAVA systems at necessary publiclocations to maintain the security of people. Hence, the region's public address and voice alarm systems market will grow rapidly during the forecasted period.
The China market dominated the Asia Pacific Public Address And Voice Alarm Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $351.6 million by 2028. The Japan market is experiencing a CAGR of 7.5% during (2022-2028). Additionally, The India market would exhibit a CAGR of 8.8% during (2022-2028).
Based on Type, the market is segmented into Centralized and Distributed. Based on Component, the market is segmented into Loudspeaker, Controllers, Amplifier, Microphone and Others. Based on Technology, the market is segmented into Digital System, Analog System and IP System. Based on Vertical, the market is segmented into Industrial, Commercial Building, Hospitality, Transportation and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Honeywell International, Inc., Bosch Security Systems GmbH (Robert Bosch GmbH), Johnson Controls International PLC, The Zenitel Group, ATEÏS, Baldwin Boxall Communications Ltd, Heinrich Limited and OPTIMUS S.A.
Scope of the Study
By Type
- Centralized
- Distributed
By Component
- Loudspeaker
- Controllers
- Amplifier
- Microphone
- Others
By Technology
- Digital System
- Analog System
- IP System
By Vertical
- Industrial
- Commercial Building
- Hospitality
- Transportation
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- Honeywell International, Inc.
- Bosch Security Systems GmbH (Robert Bosch GmbH)
- Johnson Controls International PLC
- The Zenitel Group
- ATEÏS
- Baldwin Boxall Communications Ltd
- Heinrich Limited
- OPTIMUS S.A.
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Asia Pacific Public Address And Voice Alarm Systems Market by Type
Chapter 4. Asia Pacific Public Address And Voice Alarm Systems Market by Component
Chapter 5. Asia Pacific Public Address And Voice Alarm Systems Market by Technology
Chapter 6. Asia Pacific Public Address And Voice Alarm Systems Market by Vertical
Chapter 7. Asia Pacific Public Address And Voice Alarm Systems Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Siemens AG
- Honeywell International, Inc.
- Bosch Security Systems GmbH (Robert Bosch GmbH)
- Johnson Controls International PLC
- The Zenitel Group
- ATEÏS
- Baldwin Boxall Communications Ltd
- Heinrich Limited
- OPTIMUS S.A.
Methodology
LOADING...