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.
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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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