With the increasing awareness on the need for safety and prevention, fire alarm and evacuation solutions continue to see higher market demand.
With the increasing awareness on the need for safety and prevention, fire alarm and evacuation solutions continue to see higher market demand. According to a
report from the research firm Technavio, the global emergency alarm and evacuation market is expected to reach US$5.3 billion by 2021, growing at a CAGR close to 7 percent. Increasing awareness, government regulations and end-user demands are expected to be the major reasons for this growth.
The rising popularity of building automation solutions is also expected to fuel growth in this sector. However, Tech...