Despite a general maturity in the related markets of public address and fire security, the market for voice alarm systems (VAS) in Europe will continue experiencing strong growth. This will be helped by increasingly strict legislation, making manufacturers confident that extending their product line for voice alarm system models can be a worthwhile strategic development in the short, medium and long term.
The VAS market has benefited from a variety of factors, including greater construction activity, stricter legislation and advances in the dual use of voice alarm systems. "While these factors will continue to drive revenues in the short, medium and long term, manufacturers are realizing that they have to address a range of issues in order to ensure that voice alarm is not just perceived as a costly high-end niche application," Frost & Sullivan wrote. "Among others this includes educating end users about the advantages of voice alarm, guaranteeing effective after sales service and the choice of the right distribution channel, all of which can vary significantly by geography."
Decreasing footprint and costs is a key concern, minimization of space requirement and costs will remain a constant challenge for the VAS market. Offering integrated systems for voice alarm, with safety, public address and other building control functions, will constitute another challenge. Educating planners and consultants about the advantages of VAS will also be critical to sustain market momentum.
This Frost & Sullivan research service titled “European Voice Alarm Systems Markets” provides an overview of major market and competitive trends. Opportunities and challenges, key regulatory and technological developments and trends by distribution channel and price and unit shipment are also discussed. Market size and revenue forecasts are also provided along with an in-depth examination of market drivers and restraints. In this research, Frost & Sullivan's expert analysts thoroughly examine the following regional markets which include Germany, the United Kingdom, France, Italy, Spain, Benelux, Scandinavia and the Alpine region.