Intelligent Emergency Response Systems Market is forecast to exhibit growth rate of 10% through 2023 & reach $174 Bn
Intelligent Emergency Response Systems Market
The American market is currently the market to grow at CAGR of 9% to reach revenue of $77.43 billion in 2023
HYDERABAD, TELANGANA, INDIA, June 7, 2018 /EINPresswire.com/ -- In the Report “Intelligent Emergency Response Systems and Infrastructure (IRSI) Market: By Components (Sensors, Optoelectronics, PLC, Others); By Type (Signage, Perimeter Intrusion Detection, Others); By Industry (Education, Healthcare, Industrial, Others); By Geography - (2018-2023)” published by IndustryARC1, the market driven by the growing demand for emergency communication devices and advancements in technologies, allowing the entry of innovative devices, which will drive the growth of this market in the coming years.America dominates with major share and growth in the Intelligent Emergency Response Systems Market
America is the largest market for Intelligent Emergency Response Market, followed by Europe. The American market is currently the market to grow at CAGR of 9% to reach revenue of $77.43 billion in 2023 from $48.67 billion in 2017. Global Intelligent Response System will have noble demand in illness, burglary, injury and so on. This growing demand for safety in IRIS security in the medical context will help the market to grow. Asia-Pacific region is intending to grow at a CAGR of 13.1%, and is projected to exhibit the highest growth. The APAC market will reach revenue of $37.16 billion in 2023 from $18.84 billion in 2017. Asia-Pacific region is estimated to be the fastest growing market through 2023, driven by improved economic conditions, as well as growing awareness about response systems.
Selected Components and Type Analysis done in the full Report:
Wireless chipsets2 and sensors were the dominant segment in the year 2017, with $9.61 billion and $6.46 billion respectively. Present market for wireless chipsets and sensor is estimated to grow at a CAGR of 11.37% and 8.48%, to reach $14.21 billion and $11.17 billion, respectively, by 2023. These components are employed predominantly in communication systems and broadcast systems. The high growth in the demand of above products is subsequently forecast to lift the components market. In Intelligent Emergency Response Systems by Type, video surveillance is the dominant market with a total market size of $31.45 billion in 2017.
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Excerpts on Market Growth Factors
The rising safety concerns in the mining industry are set to drive the adoption of intelligent emergency response systems.
The increasing technological expansions are a major driver for the improved demand for personal iris security camera. New features that enable impact assessment and future vulnerability detection have led to the growing demand for intelligent emergency response systems.
Reimbursement policies are being implemented by governments across various countries. This will be the most important driver for the medical alert systems market.
Demand for home alert systems, Commercial safety, Residential safety and many more, will drive the market for intelligent response systems.
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Key players of the Intelligent Emergency Response Systems Market
The major players in this market for broadcast systems, video surveillance, communication systems, and emergency generators market are Siemens, Alcatel-Lucent and Vodafone Group. These companies account for the maximum number of shares in the present market. The video surveillance systems market is growing steadily, due to patents launched by prominent players such as Honeywell, Bosch, FLIR Systems and Axis Communication. Communication system market comprises of several products and services. The eminent players in network equipment provider market include Alcatel-Lucent, Ericsson and Huawei Technologies, closely followed by NEC Corporation and ZTE Corporation. More companies in the market have product and services in the field of power back-up generators, and Broadcasting Systems.
Intelligent Emergency Response Systems Market report is segmented as below
A.Intelligent Emergency Response Systems Market – By Component
1.Sensors
2.Optoelectronics
3.Display & Lighting
4.Wireless Chipsets
5.Programmable Logic Controller (PLC)
B.Global Intelligent Response Systems Market – By Type
1.Signage
2.Perimeter Intrusion Detection
3.Back-Up Power Generators
4.Communication Systems
5.Video Surveillance Systems
6.Broadcasting Systems
7.Others
C.Global Intelligent Emergency Response Systems Market – By Industry
1.Commercial
2.Industrial
3.Residential
4.Education
5.Defense
6.Healthcare
7.Others
D.Intelligent Emergency Response Systems Market by Geography (covers 10+ countries)
E.Intelligent Emergency Response Systems Entropy Market
Companies Citied / Interviewed
1.Mircom Technologies Ltd.
2.Whelen Engineering, Inc.
3. Everbridge Inc.
4.Notifier Honeywell, Inc.
5.Ati Systems (Acoustic Technology, Inc.)
6.Cooper Industries Plc
7.Athoc, Inc.
8.Digital Acoustics
9.Visiplex, Inc.
10.Brg Precision Products, Inc
11.United Technologies Corporation
12.Ai Control Point
13.Safeguard Communications Uk Ltd
14.Spectrarep, Llc.
15.Criticall Ltd
16.F 24 Ag
17.Pageone
18.Hiplink Software
19.Mir3 Inc.,
20.Sungard Availability Services
21.Enera International Ab (Rapid Reach)\
22.Phoenix It Group
23.Vocal Technologies
24.Xo Communications , Llc
25.Company 25
26.Company 26
Related Report:
A.Personal Emergency Response Systems Market
https://industryarc.com/Report/1316/Personal-Emergency-Response-Systems-market
B.Location Intelligence and Location Analytics Market
https://industryarc.com/Report/236/Global-Location-intelligence-location-analytics-Market-Report.html
What can you expect from the report?
The Intelligent Emergency Response Systems Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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Venkat Reddy
IndustryARC
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1 https://industryarc.com/Domain/7/information-communication-technology-market-research.html
2 https://industryarc.com/Report/18182/wireless-sensor-network-market.html