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Stringent Building Codes and Legislation Activate European Voice Alarms Market Finds Frost & Sullivan - Integration of voice alarms with building automation and security systems to emerge as a major trend - BuildingTechnologies.Frost.com
Stringent Building Codes and Legislation Activate European Voice Alarms Market Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2013/04/09 - Integration of voice alarms with building automation and security systems to emerge as a major trend - BuildingTechnologies.Frost.com.

   
 
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Strict building codes mandating the use of voice alarm systems (VAS) in major European markets will be a key revenue driver in the European voice alarms market. As the market matures, the integration of VAS with building management and security systems will go hand-in-hand with consolidation throughout the value chain.

New analysis from Frost & Sullivan (buildingtechnologies.frost.com), European Voice Alarms Market, finds that the market earned approximately $145.1 million in 2012 and estimates this to reach $210.7 million in 2018.

"The European VAS market will be driven primarily by stringent building regulations in dominant markets, such as Germany, the United Kingdom, France, and the Netherlands, which mandate the use of VAS," noted Frost & Sullivan’s Energy & Environmental Partner John Raspin. "The enforcement of the EN 54 standard particularly part 16 that pertains specifically to voice alarms is expected to result in an increase in the price of VAS due to the cost of certification."

This will likely reduce the number of small- and medium-sized companies catering to the market due to the added expense of certification and product compliance. In addition to the high cost of certification, small- to medium-sized manufacturers will also struggle to overcome price competition from larger manufacturers due to economies of scale. As the market matures, greater consolidation will be evident across the value chain.

Manufacturers and installers are increasingly providing building technologies, such as public address systems (PAS) and fire alarm systems (FAS), with integrated VAS capabilities.

"In the short- and medium-term, this trend will boost VAS revenues as it has a positive effect on market penetration," stated Raspin. "A long-term effect might be the complete integration of VAS with FAS and PAS as a standard component, which will effectively remove VAS as a separate market."

The increasing integration of VAS with FAS and building automation systems (BAS) will lead to a broader range of solution providers being attracted to the market. Such trends will compel existing suppliers to offer more comprehensive solutions.

The rise of inclusive building management systems that include BAS, VAS, FAS, and PAS is set to provide a fillip to distributed system architecture, which uses individually addressable components and multiple call points.

"Centralised VAS is and will remain the dominant technology during the forecast period," concluded John Raspin. "Simultaneously, sales of VAS based on distributed architecture are expected to show a consistent upward trend."

If you are interested in more information on this research, please send an email to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

European Voice Alarms Market is part of the Building Management Technologies Growth Partnership Service programme. Frost & Sullivan’s related research services include: World LED Lighting Markets, European Home Automation Market, and World IFM Market, among others. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
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European Voice Alarms Market / M84E-19

 
 
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Stringent Building Codes and Legislation Activate European Voice Alarms Market Finds Frost & Sullivan

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