Market Overview:
The global panic exit devices market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for panic exit devices in commercial buildings, residential buildings, and infrastructure buildings across the globe. In addition, the growing awareness about safety and security among end users is also contributing to the growth of this market. The global panic exit devices market can be segmented on the basis of type into push type panic exit devices, touch type panic exit devices, andpanicexitdevices for handicapped. .
Product Definition:
A panic exit device is a type of emergency exit that is used to allow people to escape from a building in the event of an emergency. These devices are usually mounted near the door and are designed to be opened quickly in case of an emergency. They may be either manual or automatic, and they can be used to open either the door itself or a window.
Push Type Panic Exit Devices:
The global push type panic exit devices market size was valued at USD 1.8 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing number of fire incidences across the globe, which have resulted in loss of lives and assets, are driving demand for push type panic exit devices globally.
Touch Type Panic Exit Devices:
The touch type panic exit devices are used in the Panic Exit Devices market to provide a tactile indication of an emergency situation. The device is installed at the door frame or on the wall near an emergency exit and consists of two metal plates with a push button mounted between them. When pressed, it emits a series of beeps and flash lights that serve as a warning to those trying to flee from the burning building.
Application Insights:
The commercial buildings segment accounted for the largest share of more than 50.0% in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to growing construction activities in commercial sectors, such as offices, IT parks, educational institutions and hospitals across various regions globally. The residential buildings segment is anticipated to witness a high growth rate over the forecast period owing to increasing investments by governments in housing projects for their citizens, which will subsequently boost Panic Exit Devices market growth worldwide.
Infrastructure Buildings are projected to exhibit a significant CAGR of XX% from 2018 to 2030 due largely on government initiatives towards improving safety protocols at construction sites globally as well as locally across different countries or regions. Other applications include industrial buildings and healthcare facilities that require considerable safety measures while handling emergency situations at these locations; hence are likely ot adopt panic exit devices with high preference thereby propelling global demand further during this study period (2017-2030).
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 35% in 2017 owing to increasing construction activities, especially after the implementation of regulatory reforms by governments across various economies including China and India. Moreover, growing awareness about panic exit devices among consumers is anticipated to drive demand for these products over the forecast period.
Europe accounted for a significant share in 2017 owing to stringent regulations implemented by governing bodies such as Building Standards Law (BSL) and Fire Services Act (FSA) that mandates installation of panic exit devices or alarm systems with fire sprinklers or emergency pull stations in residential buildings with five stories or more. In addition, new product launches are anticipated to fuel growth during the forecast period.
Growth Factors:
- Increasing demand for panic exit devices in the commercial sector as a result of growing awareness about safety and security among business owners.
- Rapid growth in the construction industry, especially in developing countries, is expected to drive demand for panic exit devices over the next few years.
- Rising popularity of automated systems and smart buildings is also anticipated to boost growth of the panic exit devices market in the near future.
- Growing concerns about terrorist attacks and other emergencies are leading facility managers and building owners to install emergency evacuation systems, which will consequently propel demand for panic exit devices during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Panic Exit Devices Market Research Report
By Type
Push Type Panic Exit Devices, Touch Type Panic Exit Devices, Panic Exit Devices For Handicapped, Push Pads For Emergency Exits
By Application
Commercial Buildings, Residential Buildings, Infrastructure Buildings, Others
By Companies
ASSA ABLOY, DORMA Group, Lockwood, Yale, Iseo, SARGENT, Imperial, Kaba, Allegion, Corbin Russwin, ASSA ABLOY, Dorex, D line, Axim Architectural Hardware (Parkside Group Ltd), KCC Architectural
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Panic Exit Devices Market Report Segments:
The global Panic Exit Devices market is segmented on the basis of:
Types
Push Type Panic Exit Devices, Touch Type Panic Exit Devices, Panic Exit Devices For Handicapped, Push Pads For Emergency Exits
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Buildings, Residential Buildings, Infrastructure Buildings, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ASSA ABLOY
- DORMA Group
- Lockwood
- Yale
- Iseo
- SARGENT
- Imperial
- Kaba
- Allegion
- Corbin Russwin
- ASSA ABLOY
- Dorex
- D line
- Axim Architectural Hardware (Parkside Group Ltd)
- KCC Architectural
Highlights of The Panic Exit Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Push Type Panic Exit Devices
- Touch Type Panic Exit Devices
- Panic Exit Devices For Handicapped
- Push Pads For Emergency Exits
- By Application:
- Commercial Buildings
- Residential Buildings
- Infrastructure Buildings
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Panic Exit Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Panic exit devices are items that can be used to escape a dangerous or life-threatening situation. Common panic exit devices include fire extinguishers, emergency exits, and ropes.
Some of the major players in the panic exit devices market are ASSA ABLOY, DORMA Group, Lockwood, Yale, Iseo, SARGENT, Imperial, Kaba, Allegion, Corbin Russwin, ASSA ABLOY, Dorex, D line, Axim Architectural Hardware (Parkside Group Ltd), KCC Architectural.
The panic exit devices market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Panic Exit Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Panic Exit Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Panic Exit Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Panic Exit Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Panic Exit Devices Market Size & Forecast, 2020-2028
4.5.1 Panic Exit Devices Market Size and Y-o-Y Growth
4.5.2 Panic Exit Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Push Type Panic Exit Devices
5.2.2 Touch Type Panic Exit Devices
5.2.3 Panic Exit Devices For Handicapped
5.2.4 Push Pads For Emergency Exits
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Buildings
6.2.2 Residential Buildings
6.2.3 Infrastructure Buildings
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Panic Exit Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Panic Exit Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Push Type Panic Exit Devices
9.6.2 Touch Type Panic Exit Devices
9.6.3 Panic Exit Devices For Handicapped
9.6.4 Push Pads For Emergency Exits
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Buildings
9.10.2 Residential Buildings
9.10.3 Infrastructure Buildings
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Push Type Panic Exit Devices
10.6.2 Touch Type Panic Exit Devices
10.6.3 Panic Exit Devices For Handicapped
10.6.4 Push Pads For Emergency Exits
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Buildings
10.10.2 Residential Buildings
10.10.3 Infrastructure Buildings
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Push Type Panic Exit Devices
11.6.2 Touch Type Panic Exit Devices
11.6.3 Panic Exit Devices For Handicapped
11.6.4 Push Pads For Emergency Exits
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Buildings
11.10.2 Residential Buildings
11.10.3 Infrastructure Buildings
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Push Type Panic Exit Devices
12.6.2 Touch Type Panic Exit Devices
12.6.3 Panic Exit Devices For Handicapped
12.6.4 Push Pads For Emergency Exits
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Buildings
12.10.2 Residential Buildings
12.10.3 Infrastructure Buildings
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Push Type Panic Exit Devices
13.6.2 Touch Type Panic Exit Devices
13.6.3 Panic Exit Devices For Handicapped
13.6.4 Push Pads For Emergency Exits
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Buildings
13.10.2 Residential Buildings
13.10.3 Infrastructure Buildings
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Panic Exit Devices Market: Competitive Dashboard
14.2 Global Panic Exit Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASSA ABLOY
14.3.2 DORMA Group
14.3.3 Lockwood
14.3.4 Yale
14.3.5 Iseo
14.3.6 SARGENT
14.3.7 Imperial
14.3.8 Kaba
14.3.9 Allegion
14.3.10 Corbin Russwin
14.3.11 ASSA ABLOY
14.3.12 Dorex
14.3.13 D line
14.3.14 Axim Architectural Hardware (Parkside Group Ltd)
14.3.15 KCC Architectural
