At 11.1% CAGR, the Smart Evacuation Systems market size is projected to…

At 11.1% CAGR, the Smart Evacuation Systems market size is projected to…

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PUNE, India, November 15, 2022 (GLOBE NEWSWIRE) — Global Intelligent evacuation systems market Size was estimated at $12.02 billion in 2021. The market is projected to grow to $13.22 billion from $13.22 billion in 2022 $27.61 billion to 2029 with a CAGR of 11.1% over the forecast period.

This information is provided by Fortune Business Insights in its report titled, Intelligent Evacuation System Market Forecast, 2022-2029.

Key Industry Development:

January 2022: ABB Group’s electrification division’s automatically controlled lighting system will benefit Sweden’s Kattegatt High School in Halmstad to transform the building into a smart, energy-efficient, safe and comfortable building.

Request a sample copy of the research report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/intelligent-evacuation-system-market-106644

Report scope and segmentation

report coverage details
forecast period 2022 to 2029
Forecast period 2022 to 2029 CAGR 11.1%
Value prognosis 2029 $27.61 billion
base year 2021
Smart evacuation systems market size in 2021 $12.02 billion
Historical data for 2018 to 2020
number of pages 132
Covered Segments type and geography
Smart Evacuation Systems Market Growth Drivers Increasing adoption of innovative technologies to streamline smart evacuation procedures

Increasing pandemic-driven demand for system upgrades and space remodeling by building owners to expand market opportunities

Numerous industries are affected by the outbreak of the novel corona virus. The global health crisis has led to supply chain disruptions and economic downturns that have had a significant impact on business investment. However, the crisis has presented an opportunity to use cutting-edge analytics to improve decision-making.

Click here for the short-term and long-term impact of COVID-19 on this market:

https://www.fortunebusinessinsights.com/intelligent-evacuation-system-market-106644

Driver and restraint systems:

Increasing acceptance of innovative technologies…

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